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Cognex (CGNX) Competitors

$45.52
+0.05 (+0.11%)
(As of 05/31/2024 ET)

CGNX vs. MKSI, COHR, ST, BMI, ITRI, OSIS, MLAB, DAKT, VPG, and FARO

Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include MKS Instruments (MKSI), Coherent (COHR), Sensata Technologies (ST), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), Daktronics (DAKT), Vishay Precision Group (VPG), and FARO Technologies (FARO).

Cognex vs.

MKS Instruments (NASDAQ:MKSI) and Cognex (NASDAQ:CGNX) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their community ranking, earnings, risk, institutional ownership, valuation, media sentiment, analyst recommendations, dividends and profitability.

MKS Instruments pays an annual dividend of $0.88 per share and has a dividend yield of 0.7%. Cognex pays an annual dividend of $0.30 per share and has a dividend yield of 0.7%. MKS Instruments pays out -3.3% of its earnings in the form of a dividend. Cognex pays out 51.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cognex has increased its dividend for 9 consecutive years. MKS Instruments is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, MKS Instruments had 2 more articles in the media than Cognex. MarketBeat recorded 11 mentions for MKS Instruments and 9 mentions for Cognex. MKS Instruments' average media sentiment score of 1.28 beat Cognex's score of 0.97 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MKS Instruments
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

99.8% of MKS Instruments shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 0.5% of MKS Instruments shares are held by company insiders. Comparatively, 1.1% of Cognex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Cognex has a net margin of 11.76% compared to Cognex's net margin of -48.24%. Cognex's return on equity of 13.90% beat MKS Instruments' return on equity.

Company Net Margins Return on Equity Return on Assets
MKS Instruments-48.24% 13.90% 3.77%
Cognex 11.76%6.81%5.06%

Cognex has lower revenue, but higher earnings than MKS Instruments. MKS Instruments is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MKS Instruments$3.62B2.34-$1.84B-$26.69-4.74
Cognex$837.55M9.33$113.23M$0.5878.48

MKS Instruments presently has a consensus target price of $141.25, indicating a potential upside of 11.58%. Cognex has a consensus target price of $49.15, indicating a potential upside of 7.98%. Given Cognex's stronger consensus rating and higher possible upside, analysts plainly believe MKS Instruments is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MKS Instruments
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Cognex
2 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.40

MKS Instruments received 21 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 71.77% of users gave MKS Instruments an outperform vote while only 60.57% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
MKS InstrumentsOutperform Votes
534
71.77%
Underperform Votes
210
28.23%
CognexOutperform Votes
513
60.57%
Underperform Votes
334
39.43%

MKS Instruments has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500.

Summary

MKS Instruments and Cognex tied by winning 11 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CGNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CGNX vs. The Competition

MetricCognexProcess control instruments IndustryComputer SectorNASDAQ Exchange
Market Cap$7.81B$21.21B$20.90B$7.96B
Dividend Yield0.66%0.97%2.69%4.02%
P/E Ratio78.4882.99246.8118.29
Price / Sales9.334.81543.1582.56
Price / Cash52.2117.4829.2830.90
Price / Book5.243.636.364.59
Net Income$113.23M$474.99M$623.39M$213.79M
7 Day Performance-4.51%-2.64%-0.61%0.65%
1 Month Performance9.58%1.59%2.78%3.48%
1 Year Performance-17.18%10.68%28.06%8.81%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MKSI
MKS Instruments
4.1072 of 5 stars
$129.37
+2.1%
$141.25
+9.2%
+30.1%$8.50B$3.62B-4.8510,200Short Interest ↑
Analyst Revision
COHR
Coherent
1.7943 of 5 stars
$59.14
+1.9%
$56.36
-4.7%
+54.4%$8.85B$5.16B-20.6826,622
ST
Sensata Technologies
3.6901 of 5 stars
$40.50
+0.1%
$43.78
+8.1%
-0.5%$6.09B$4.05B-368.1019,400Short Interest ↑
Positive News
BMI
Badger Meter
3.5844 of 5 stars
$192.00
+0.7%
$164.80
-14.2%
+40.0%$5.60B$703.59M55.332,140
ITRI
Itron
4.3813 of 5 stars
$108.22
0.0%
$104.18
-3.7%
+58.8%$4.97B$2.17B31.105,859
OSIS
OSI Systems
4.5053 of 5 stars
$137.81
+2.3%
$165.67
+20.2%
+20.8%$2.30B$1.28B18.966,423Insider Selling
Positive News
MLAB
Mesa Laboratories
3.0249 of 5 stars
$110.52
-5.4%
$130.00
+17.6%
-26.1%$630.24M$219.08M650.16698Short Interest ↑
News Coverage
Gap Up
DAKT
Daktronics
2.0621 of 5 stars
$10.97
-0.1%
N/A+77.4%$507.16M$754.20M10.652,441
VPG
Vishay Precision Group
0.9286 of 5 stars
$33.17
+1.9%
$36.00
+8.5%
-3.2%$434.54M$355.05M18.322,300
FARO
FARO Technologies
3.7793 of 5 stars
$18.28
+0.8%
$26.50
+45.0%
+24.1%$348.39M$358.83M-8.121,243Short Interest ↓
Positive News

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This page (NASDAQ:CGNX) was last updated on 6/1/2024 by MarketBeat.com Staff

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