image
Technology - Hardware, Equipment & Parts - NASDAQ - US
$ 39.61
-2.27 %
$ 6.79 B
Market Cap
79.22
P/E
1. INTRINSIC VALUE

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors.[ Read More ]

The intrinsic value of one CGNX stock under the base case scenario is HIDDEN Compared to the current market price of 39.6 USD, Cognex Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CGNX

image
FINANCIALS
838 M REVENUE
-16.75%
131 M OPERATING INCOME
-46.92%
113 M NET INCOME
-47.46%
113 M OPERATING CASH FLOW
-53.61%
32.3 M INVESTING CASH FLOW
824.58%
-126 M FINANCING CASH FLOW
47.75%
235 M REVENUE
-1.90%
31.6 M OPERATING INCOME
-17.92%
29.6 M NET INCOME
-18.28%
56.3 M OPERATING CASH FLOW
102.68%
-27.4 M INVESTING CASH FLOW
-77.78%
-15.2 M FINANCING CASH FLOW
32.38%
Balance Sheet Decomposition Cognex Corporation
image
Current Assets 679 M
Cash & Short-Term Investments 332 M
Receivables 117 M
Other Current Assets 230 M
Non-Current Assets 1.34 B
Long-Term Investments 244 M
PP&E 181 M
Other Non-Current Assets 914 M
Current Liabilities 152 M
Accounts Payable 21.5 M
Short-Term Debt 19.2 M
Other Current Liabilities 111 M
Non-Current Liabilities 361 M
Long-Term Debt 69 M
Other Non-Current Liabilities 292 M
EFFICIENCY
Earnings Waterfall Cognex Corporation
image
Revenue 838 M
Cost Of Revenue 236 M
Gross Profit 601 M
Operating Expenses 479 M
Operating Income 131 M
Other Expenses 17.5 M
Net Income 113 M
RATIOS
71.79% GROSS MARGIN
71.79%
15.61% OPERATING MARGIN
15.61%
13.52% NET MARGIN
13.52%
7.53% ROE
7.53%
5.61% ROA
5.61%
7.22% ROIC
7.22%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cognex Corporation
image
Net Income 113 M
Depreciation & Amortization 21.9 M
Capital Expenditures -23.1 M
Stock-Based Compensation 54.8 M
Change in Working Capital -67.7 M
Others -70.3 M
Free Cash Flow 89.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cognex Corporation
image
Wall Street analysts predict an average 1-year price target for CGNX of $49.5 , with forecasts ranging from a low of $39 to a high of $57 .
CGNX Lowest Price Target Wall Street Target
39 USD -1.54%
CGNX Average Price Target Wall Street Target
49.5 USD 24.97%
CGNX Highest Price Target Wall Street Target
57 USD 43.90%
4. DIVIDEND ANALYSIS
0.19% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Cognex Corporation
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
493 K USD 2
9-12 MONTHS
0 USD 0
Bought
250 K USD 1
0-3 MONTHS
77.2 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 04, 2024
Bought 12.2 K USD
Fehr Dennis
SVP, Chief Financial Officer
+ 320
38.225 USD
2 months ago
Sep 04, 2024
Bought 238 K USD
Fehr Dennis
SVP, Chief Financial Officer
+ 6250
38.03 USD
3 months ago
Aug 07, 2024
Bought 77.2 K USD
PARROTTE DIANNE M
Director
+ 2000
38.615 USD
8 months ago
Mar 12, 2024
Sell 218 K USD
Kuechen Joerg
Chief Technology Officer
- 5331
40.9326 USD
8 months ago
Mar 06, 2024
Sell 275 K USD
Gerst Carl
EVP, Vision & ID Products
- 6782
40.5371 USD
1 year ago
Mar 06, 2023
Sell 217 K USD
ALIAS PATRICK
Director
- 4375
49.526 USD
1 year ago
Mar 03, 2023
Sell 29.7 K USD
ALIAS PATRICK
Director
- 600
49.5 USD
1 year ago
Feb 23, 2023
Sell 41 K USD
KRANTZ THEODOR
Director
- 854
48.04 USD
1 year ago
Feb 17, 2023
Sell 44.1 K USD
KRANTZ THEODOR
Director
- 912
48.39 USD
1 year ago
Feb 17, 2023
Sell 31.7 K USD
ALIAS PATRICK
Director
- 641
49.5 USD
1 year ago
Feb 02, 2023
Sell 593 K USD
KRANTZ THEODOR
Director
- 10400
57.0015 USD
1 year ago
Dec 13, 2022
Sell 478 K USD
KRANTZ THEODOR
Director
- 9200
52 USD
1 year ago
Dec 12, 2022
Sell 1.3 M USD
KRANTZ THEODOR
Director
- 26000
50 USD
1 year ago
Nov 30, 2022
Sell 1.5 M USD
SUN ANTHONY
Director
- 30000
50.0147 USD
2 years ago
May 12, 2022
Bought 138 K USD
PARROTTE DIANNE M
director:
+ 3000
46 USD
2 years ago
Feb 17, 2022
Sell 27.2 K USD
ALIAS PATRICK
Director
- 427
63.75 USD
3 years ago
Nov 12, 2021
Sell 249 K USD
Todgham Paul
SVP, CFO
- 3000
82.993 USD
3 years ago
Sep 08, 2021
Sell 2.59 M USD
SUN ANTHONY
Director
- 30000
86.41 USD
3 years ago
Aug 24, 2021
Sell 1.53 M USD
ALIAS PATRICK
Director
- 17500
87.193 USD
3 years ago
Jun 11, 2021
Sell 573 K USD
PARROTTE DIANNE M
Director
- 7167
80 USD
3 years ago
Jun 01, 2021
Sell 26.7 K USD
PARROTTE DIANNE M
Director
- 333
80.0344 USD
3 years ago
Mar 18, 2021
Sell 411 K USD
Schneider Jerry A.
Director
- 5000
82.2583 USD
3 years ago
Feb 23, 2021
Sell 1.66 M USD
Gerst Carl
EVP, Vision & ID Products
- 20000
82.7577 USD
3 years ago
Feb 19, 2021
Sell 453 K USD
PARROTTE DIANNE M
Director
- 5200
87.0639 USD
3 years ago
Feb 16, 2021
Sell 468 K USD
Schneider Jerry A.
Director
- 5000
93.5622 USD
3 years ago
Feb 16, 2021
Sell 1.85 M USD
ALIAS PATRICK
Director
- 20000
92.3758 USD
3 years ago
Dec 11, 2020
Sell 760 K USD
BANUCCI EUGENE G
Director
- 10000
75.9533 USD
3 years ago
Dec 09, 2020
Sell 2.79 M USD
DiPalma Sheila Marie
EVP, Employee Services
- 36000
77.3851 USD
3 years ago
Dec 10, 2020
Sell 785 K USD
BANUCCI EUGENE G
Director
- 10400
75.4762 USD
3 years ago
Dec 09, 2020
Sell 1.17 M USD
ALIAS PATRICK
Director
- 15000
78.0975 USD
4 years ago
Nov 13, 2020
Sell 23.8 K USD
KRANTZ THEODOR
Director
- 330
72 USD
4 years ago
Nov 16, 2020
Sell 1.06 M USD
KRANTZ THEODOR
Director
- 14670
72.1329 USD
4 years ago
Nov 09, 2020
Sell 5.72 M USD
Willett Robert
CEO & President
- 80000
71.4401 USD
4 years ago
Nov 10, 2020
Sell 3.76 M USD
Willett Robert
CEO & President
- 53616
70.046 USD
4 years ago
Nov 11, 2020
Sell 1.9 M USD
Willett Robert
CEO & President
- 26384
71.8473 USD
4 years ago
Nov 05, 2020
Sell 5.91 M USD
Willett Robert
CEO & President
- 80000
73.8431 USD
4 years ago
Nov 06, 2020
Sell 5.76 M USD
Willett Robert
CEO & President
- 80000
72.0352 USD
4 years ago
Nov 04, 2020
Sell 377 K USD
PARROTTE DIANNE M
Director
- 5200
72.5319 USD
4 years ago
Nov 04, 2020
Sell 727 K USD
ALIAS PATRICK
Director
- 10000
72.7079 USD
4 years ago
Nov 04, 2020
Sell 5.8 M USD
Willett Robert
CEO & President
- 80000
72.5266 USD
4 years ago
Nov 03, 2020
Sell 5.54 M USD
Willett Robert
CEO & President
- 79638
69.5578 USD
4 years ago
Oct 30, 2020
Sell 24.2 K USD
Willett Robert
CEO & President
- 362
66.7278 USD
4 years ago
Sep 01, 2020
Sell 883 K USD
PARROTTE DIANNE M
Director
- 12700
69.557 USD
4 years ago
Sep 01, 2020
Sell 883 K USD
PARROTTE DIANNE M
Director
- 12700
69.557 USD
4 years ago
Sep 02, 2020
Sell 7.05 M USD
Willett Robert
CEO & President
- 100000
70.5126 USD
4 years ago
Sep 02, 2020
Sell 698 K USD
ALIAS PATRICK
Director
- 10000
69.8415 USD
4 years ago
Aug 28, 2020
Sell 509 K USD
PARROTTE DIANNE M
Director
- 7500
67.8581 USD
4 years ago
Aug 24, 2020
Sell 2.01 M USD
SUN ANTHONY
Director
- 30000
66.9122 USD
4 years ago
Aug 12, 2020
Sell 499 K USD
PARROTTE DIANNE M
Director
- 7500
66.4917 USD
4 years ago
Aug 06, 2020
Sell 4.35 M USD
Willett Robert
CEO & President
- 63978
67.9158 USD
4 years ago
Aug 07, 2020
Sell 406 K USD
Willett Robert
CEO & President
- 6022
67.46 USD
4 years ago
Aug 04, 2020
Sell 4.02 M USD
Willett Robert
CEO & President
- 60000
67.0524 USD
4 years ago
Aug 05, 2020
Sell 4.8 M USD
Willett Robert
CEO & President
- 70000
68.5375 USD
4 years ago
Aug 05, 2020
Sell 4.8 M USD
Willett Robert
CEO & President
- 70000
68.5375 USD
4 years ago
Aug 04, 2020
Sell 4.02 M USD
Willett Robert
CEO & President
- 60000
67.0524 USD
4 years ago
Aug 04, 2020
Sell 2.04 M USD
BANUCCI EUGENE G
Director
- 30500
66.9024 USD
4 years ago
Aug 03, 2020
Sell 2.95 K USD
PARROTTE DIANNE M
Director
- 44
67 USD
4 years ago
Aug 04, 2020
Sell 533 K USD
PARROTTE DIANNE M
Director
- 7956
67.0314 USD
4 years ago
Aug 03, 2020
Sell 334 K USD
Schneider Jerry A.
Director
- 5000
66.7285 USD
4 years ago
Aug 03, 2020
Sell 832 K USD
DiPalma Sheila Marie
SVP, Employee Services
- 12500
66.5618 USD
4 years ago
Jul 31, 2020
Sell 6.59 M USD
Willett Robert
CEO & President
- 100000
65.9275 USD
4 years ago
Aug 03, 2020
Sell 6.66 M USD
Willett Robert
CEO & President
- 100000
66.5564 USD
4 years ago
Jun 08, 2020
Sell 868 K USD
ALIAS PATRICK
Director
- 15000
57.8914 USD
4 years ago
May 29, 2020
Sell 967 K USD
SUN ANTHONY
Director
- 17000
56.8725 USD
4 years ago
May 29, 2020
Sell 1.71 M USD
SUN ANTHONY
Director
- 30000
57.0247 USD
4 years ago
Feb 19, 2020
Sell 526 K USD
ALIAS PATRICK
Director
- 10000
52.6326 USD
4 years ago
Feb 18, 2020
Sell 577 K USD
MACDONALD LAURA ANN
Principal Financial Officer
- 11000
52.4535 USD
4 years ago
Feb 18, 2020
Sell 105 K USD
Schneider Jerry A.
Director
- 2000
52.3243 USD
4 years ago
Feb 18, 2020
Sell 511 K USD
Schneider Jerry A.
Director
- 10000
51.1261 USD
4 years ago
Dec 12, 2019
Sell 5.35 M USD
Willett Robert
CEO& President
- 100000
53.5249 USD
4 years ago
Dec 13, 2019
Sell 2.55 M USD
Willett Robert
CEO& President
- 46929
54.3774 USD
4 years ago
Dec 11, 2019
Sell 3.63 M USD
Willett Robert
CEO& President
- 70000
51.8192 USD
4 years ago
Dec 09, 2019
Sell 3.71 M USD
Willett Robert
CEO& President
- 73071
50.7555 USD
4 years ago
Dec 09, 2019
Sell 3.71 M USD
Willett Robert
CEO& President
- 73071
50.7555 USD
4 years ago
Dec 06, 2019
Sell 2.55 M USD
Willett Robert
CEO& President
- 50000
51.058 USD
4 years ago
Dec 06, 2019
Sell 2.55 M USD
Willett Robert
CEO& President
- 50000
51.058 USD
4 years ago
Nov 27, 2019
Sell 2.06 M USD
Willett Robert
CEO& President
- 40000
51.5703 USD
4 years ago
Nov 26, 2019
Sell 5.05 M USD
Willett Robert
CEO& President
- 100000
50.4944 USD
5 years ago
Nov 08, 2019
Sell 7.62 M USD
Willett Robert
CEO& President
- 143294
53.155 USD
5 years ago
Nov 07, 2019
Sell 930 K USD
Willett Robert
CEO& President
- 17298
53.7676 USD
5 years ago
Nov 06, 2019
Sell 1.05 M USD
Willett Robert
CEO& President
- 19408
53.8577 USD
5 years ago
Nov 01, 2019
Sell 389 K USD
DiPalma Sheila Marie
SVP, CES & Treasurer
- 7500
51.8148 USD
5 years ago
Oct 31, 2019
Sell 1.23 M USD
MACDONALD LAURA ANN
Principal Financial Officer &
- 24000
51.3489 USD
5 years ago
Oct 30, 2019
Sell 778 K USD
KRANTZ THEODOR
Director
- 15000
51.8656 USD
5 years ago
Oct 30, 2019
Sell 511 K USD
ALIAS PATRICK
Director
- 10000
51.0953 USD
5 years ago
Aug 13, 2019
Sell 40.5 K USD
PARROTTE DIANNE M
Director
- 900
45 USD
5 years ago
May 03, 2019
Sell 613 K USD
CURRAN JOHN J.
Sr Vice President, CFO
- 12500
49.0099 USD
5 years ago
Feb 26, 2019
Sell 798 K USD
KRANTZ THEODOR
Director
- 15000
53.1771 USD
5 years ago
Feb 26, 2019
Sell 531 K USD
ALIAS PATRICK
Director
- 10000
53.0997 USD
6 years ago
Sep 13, 2018
Sell 560 K USD
SUN ANTHONY
Director
- 10000
56.0381 USD
6 years ago
Sep 12, 2018
Sell 549 K USD
SUN ANTHONY
Director
- 10000
54.8999 USD
6 years ago
Sep 11, 2018
Sell 271 K USD
Schneider Jerry A.
Director
- 5000
54.2879 USD
6 years ago
Aug 06, 2018
Sell 132 K USD
Schneider Jerry A.
Director
- 2500
53 USD
6 years ago
Aug 03, 2018
Sell 131 K USD
Schneider Jerry A.
Director
- 2500
52.5037 USD
6 years ago
Aug 06, 2018
Sell 530 K USD
SUN ANTHONY
Director
- 10000
53.0141 USD
6 years ago
Mar 12, 2018
Sell 565 K USD
SUN ANTHONY
Director
- 10000
56.4892 USD
7. News
Cognex to Present at the Baird Global Industrial Conference NATICK, Mass. , Nov. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, President and Chief Executive Officer of Cognex, will present at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024, beginning at 10:05 a.m. prnewswire.com - 5 days ago
Cognex: Not Out Of The Woods Yet Cognex's emerging customer initiative and Moritex acquisition are driving growth, but the core business continues to struggle, with automotive an area of particular weakness. While end markets like logistics and semis are bright spots, I expect macro headwinds to persist, delaying a return to strong growth. Pricing pressure and investments in future growth are also likely to weigh on margins in the short term, but this isn't concerning given Cognex's track record of profitable growth. seekingalpha.com - 5 days ago
Cognex Corporation (CGNX) Q3 2024 Earnings Call Transcript Cognex Corporation (NASDAQ:CGNX ) Q3 2024 Results Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Nathan McCurren - Head of Investor Relations and Treasurer Robert Willett - President and Chief Executive Officer Dennis Fehr - Senior Vice President of Finance and Chief Financial Officer Conference Call Participants Jamie Cook - Truist Securities Tommy Moll - Stephens Inc. Andrew Buscaglia - BNP Paribas Damian Karas - UBS Securities Michael Anastasiou - TD Cowen Jim Ricchiuti - Needham & Company Jacob Levinson - Melius Research Rob Mason - Robert W. Baird & Co. Operator Greetings. seekingalpha.com - 2 weeks ago
Cognex Corporation (CGNX) Beats Q3 Earnings and Revenue Estimates Cognex Corporation (CGNX) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago. zacks.com - 2 weeks ago
Cognex Reports Third Quarter 2024 Results NATICK, Mass. , Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the third quarter of 2024. prnewswire.com - 2 weeks ago
Cognex Declares Quarterly Cash Dividend NATICK, Mass. , Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.08 per share, payable on November 29, 2024 to all shareholders of record at the close of business on November 14, 2024. prnewswire.com - 2 weeks ago
Cognex Announces Third Quarter 2024 Earnings Release and Conference Call Dates NATICK, Ma. , Oct. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the third quarter of 2024 on Wednesday, October 30, 2024, after market close. prnewswire.com - 1 month ago
2 Top Automation and Robotics Stocks to Buy in October Relatively high interest rates are negatively impacting automation and robotics end markets. But over time, automation should increase thanks to improved productivity, cost, quality, and analytics. fool.com - 1 month ago
10 Hypergrowth Blue-Chip Bargain Buys With This Market At Record Highs The market is at record highs, and many investors worry about buying growth stocks in a bubble. Even at record highs, hypergrowth blue-chips are available at good to great prices, and these coiled springs have strong short-term return potential. These 10 A-rated hypergrowth blue-chips provide a 24% historical discount and upside potential long term. seekingalpha.com - 1 month ago
Vision Sensor Market Size Worth $8.33 Billion, Globally, by 2030 - Exclusive Report by The Insight Partners The vision sensor market size is projected to reach US$ 8.33 billion by 2030 from US$ 3.28 billion in 2022 to register a CAGR of 12.4% in 2022–2030. The vision sensor market size is projected to reach US$ 8.33 billion by 2030 from US$ 3.28 billion in 2022 to register a CAGR of 12.4% in 2022–2030. globenewswire.com - 1 month ago
A Bull Market Is Here: 2 Incredibly Innovative Growth Stocks Down 14% and 59% to Buy Right Now Nvidia has become a battleground stock, but its competitive position in AI remains incredibly strong. Cognex's end markets are weak in 2024, but the company's best days lie ahead. fool.com - 1 month ago
Is the Options Market Predicting a Spike in Cognex (CGNX) Stock? Investors need to pay close attention to Cognex (CGNX) stock based on the movements in the options market lately. zacks.com - 2 months ago
8. Profile Summary

Cognex Corporation CGNX

image
COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 6.79 B
Dividend Yield 0.19%
Description Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.
Contact One Vision Drive, Natick, MA, 01760-2059 https://www.cognex.com
IPO Date July 20, 1989
Employees 2992
Officers Mr. Didier Lacroix Senior Vice President Worldwide Sales & Marketing Mr. Mark T. Fennell Secretary Ms. Robin Pratt Corporate Communications Contractor Ms. Susan Conway Senior Director of Investor Relations Mr. Robert J. Willett Chief Executive Officer, President & Executive Director Ms. Sheila M. DiPalma CPA Executive Vice President of Employee Services and Corporate Officer & Chief Culture Officer Mr. Dennis Fehr Senior Vice President of Finance & Chief Financial Officer Ms. Laura Ann MacDonald Vice President of Finance, Corporate Controller & Interim Principal Acc Officer Mr. Joerg Kuechen Senior Vice President of Advanced Vision Technology & Chief Technology Officer Mr. Carl W. Gerst III Executive Vice President of Vision, ID Products & Platforms