Currently, Cognex Corp’s (CGNX) stock is trading at $34.85, marking a fall of -11.20% from last night’s close. At this price, the stock is -34.40% below its 52-week high of $53.13 and -0.36% above its 52-week low of $34.98. Based on the past 30-day period, the stock price is -13.14% below the high and +1.25% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, CGNX’s SMA-200 is $41.60.
As well, it is important to consider CGNX stock ratios such as price-to-sales, which is currently 6.78.Likewise, its price to free cash flow for the last twelve months stands at 64.85. CGNX’s price to book ratio for the most recent quarter was 3.81, resulting in an 20.77 price to cash per share for the period.
How does Cognex Corp (CGNX) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 17 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.76 in simple terms.
Cognex Corp (CGNX): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 3 different analysts, who are expecting earnings to fall in between the range of 0.09 and 0.07 with an average Earnings Estimate of 0.08 which is in contrast with the last year earnings estimate of 0.05 and also replicates 60.00% growth rate year over year.
Cognex Corp (NASDAQ: CGNX) Ownership Details
I will give a breakdown of the key shareholders in Cognex Corp (CGNX). Recent figures show that the company’s insiders hold 1.55% of shares. A total of 639 institutional investors hold shares in the company, making 98.77% of its stock and 100.33% of its float.
Dec 31, 2024, it was reported that the Company’s largest institutional holder is Vanguard Group Inc holding total of 18.48 shares that make 10.77% of the company’s total number of shares and are currently priced at 641.62 million.
The securities firm Blackrock Inc. holds 15.26 shares of CGNX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 8.90%, and the holding percentage of shares is valued at 529.96 million.
An overview of Cognex Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Cognex Corp (CGNX) traded 1,061,097 shares per day, with a moving average of $39.33 and price change of -2.53. With the moving average of $38.05 and a price change of -3.99, about 1,129,461 shares changed hands on average over the past 50 days. Finally, CGNX’s 100-day average volume is 1,114,588 shares, alongside a moving average of $39.07 and a price change of -3.85.
