CGNX:NSD-Cognex Corporation (USD)

COMMON STOCK | Scientific & Technical Instruments | NSD

Last Closing Price

USD 83.16

Change

-1.12 (-1.33)%

Market Cap

USD 14.84B

Volume

0.95M

Average Target Price

USD 77.44 (-6.87%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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; Cognex Designer that allows customers to build vision applications with a graphical, flowchart-based programming environment; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; and vision sensors for vision applications, such as checking the presence and size of parts; the In-Sight product line of vision systems and sensors. In addition, the company offers ID products comprising DataMan 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. The company was founded in 1981 and is headquartered in Natick, Massachusetts.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-02-23 )

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ETFs Containing CGNX

Symbol Name Weight Mer Price(Change) Market Cap
MDY SPDR S&P MIDCAP 400 ETF T.. 0.00 % 0.23 %

+0.89 (+0.19%)

USD18.37B
ROBO Robo Global Robotics and .. 0.00 % 0.95 %

-1.41 (-2.06%)

USD1.69B
IROB:XETRA L&G ROBO Global Robotics .. 0.00 % 0.80 %

-0.83 (-3.66%)

USD1.44B
SPY4:F SPDR S&P 400 US Mid C.. 0.00 % 0.30 %

-1.10 (-1.78%)

USD0.95B
IROB:F L&G ROBO Global Robotics .. 0.00 % 0.80 %

-0.92 (-4.05%)

USD1.44B
SPY4:PA SPDR S&P 400 US Mid C.. 0.00 % 0.30 %

-0.67 (-1.09%)

USD0.95B
ROBG:LSE L&G ROBO Global Robotics .. 0.00 % 0.80 %

-74.00 (-3.80%)

USD0.87B
XMHQ Invesco S&P MidCap Qualit.. 0.00 % 0.25 %

-0.13 (-0.18%)

USD0.10B
SPMD SPDR Portfolio S&P 400 Mi.. 0.00 % 0.05 %

+0.06 (+0.14%)

USD3.41B
MDYG SPDR S&P 400 Mid Cap Grow.. 0.00 % 0.15 %

-0.32 (-0.43%)

USD2.04B
DMRM DeltaShares S&P 400 Manag.. 0.00 % 0.45 %

-0.04 (-0.07%)

USD0.09B
XTH SPDR S&P Technology Hardw.. 0.00 % 0.35 %

N/A

USD3.56M
XMH:CA iShares S&P U.S. Mid-Cap .. 0.00 % 0.15 %

+0.05 (+0.21%)

USD0.08B
XMC:CA iShares S&P U.S. Mid-.. 0.00 % 0.15 %

+0.01 (+0.04%)

USD0.06B
UMDD ProShares UltraPro MidCap.. 0.00 % 0.95 %

+0.74 (+0.56%)

USD0.04B
ROBO Robo Global Robotics and .. 0.00 % 0.95 %

-1.41 (-2.06%)

USD1.69B
MVV ProShares Ultra MidCap400 0.00 % 0.95 %

+0.12 (+0.21%)

USD0.16B
SPY4:XETRA SPDR S&P 400 US Mid Cap U.. 0.00 % 0.30 %

-0.77 (-1.25%)

USD0.95B

Market Performance

  Market Performance vs.
Industry/Classification (Scientific & Technical Instruments)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.57% 26% F 33% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.57% 22% F 33% F
Trailing 12 Months  
Capital Gain 77.16% 70% C- 76% C
Dividend Return 4.74% 86% B 80% B-
Total Return 81.90% 70% C- 77% C+
Trailing 5 Years  
Capital Gain 349.88% 81% B- 87% B+
Dividend Return 15.59% 83% B 55% F
Total Return 365.47% 81% B- 87% B+
Average Annual (5 Year Horizon)  
Capital Gain 35.92% 86% B 85% B
Dividend Return 0.62% 33% F 15% F
Total Return 36.54% 86% B 85% B
Risk Return Profile  
Volatility (Standard Deviation) 51.41% 18% F 26% F
Risk Adjusted Return 71.07% 73% C 84% B
Market Capitalization 14.84B 91% A- 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Scientific & Technical Instruments)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 84.28 42% F 15% F
Price/Book Ratio 12.19 5% F 17% F
Price / Cash Flow Ratio 61.20 30% F 8% F
EV/EBITDA 64.70 11% F 16% F
Management Effectiveness  
Return on Equity 13.46% 86% B 84% B
Return on Invested Capital 12.21% 78% C+ 85% B
Return on Assets 6.99% 91% A- 90% A-
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 3.51 23% F 36% F
Short Percent 1.47% 65% D 71% C-
Beta 1.65 26% F 23% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.