Cognex Corp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 62 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 64.80.In the medium term, the stock price is expected to trend up.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Cognex Corp is 8.30, ranking 23 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 252.34M, representing a year-over-year increase of 9.86%, while its net profit experienced a year-over-year increase of 15.23%.
Key Metrics
The current valuation score of Cognex Corp is 4.34, ranking 175 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 75.79, which is 52.83% below the recent high of 115.82 and 55.42% above the recent low of 33.79.
The current earnings forecast score of Cognex Corp is 7.65, ranking 83 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 48.00, with a high of 58.00 and a low of 35.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Cognex Corp is 7.05, ranking 103 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 56.79 and the support level at 47.07, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Cognex Corp is 10.00, ranking 1 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 120.99%, representing a quarter-over-quarter decrease of 1.22%. The largest institutional shareholder is The Vanguard, holding a total of 18.54M shares, representing 11.10% of shares outstanding, with 1.69% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Cognex Corp is 5.81, ranking 85 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.46. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
