The company was maintained on Monday, July 31 by Canaccord Genuity. The rating was maintained by Wells Fargo on Thursday, January 11 with "Buy". The company was downgraded on Friday, December 2 by Northcoast. The firm earned "Buy" rating on Thursday, September 28 by Cowen & Co. The firm has "Buy" rating given on Friday, December 8 by Daiwa Securities.
Analysts have given a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The rating was downgraded by Canaccord Genuity to "Hold" on Tuesday, August 4. During the same period in the previous year, the business earned $0.31 EPS. The stock increased 2.33% or $1.88 during the last trading session, reaching $82.56. About 911,381 shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 131.00% since January 12, 2017 and is uptrending. It has underperformed by 4.67% the S&P500.
Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The companyÂ's Innovative Medicines segment offers patented prescription medicines to enhance health outcomes for patients and health-care providers. Cognex's dividend payout ratio (DPR) is presently 13.28%. This divisions also franchises ophthalmology, neuroscience, immunology and dermatology, respiratory, cardio-metabolic, and other medicines, as well as cell and gene therapies. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. Therefore 31% are positive. Trimble Navigation Limited had 35 analyst reports since August 5, 2015 according to SRatingsIntel. Jag Cap Mgmt Limited Liability Company, Missouri-based fund reported 124,371 shares. The rating was downgraded by Citigroup on Friday, July 22 to "Neutral". (NASDAQ:TRMB) on Tuesday, June 14 with "Outperform" rating. As per Tuesday, September 5, the company rating was upgraded by Keefe Bruyette & Woods. Robert W. Baird increased their price objective on shares of Cognex from $50.00 to $62.00 and gave the company a "neutral" rating in a report on Tuesday, October 31st. The stock now has a consensus rating of "Hold" and a consensus price target of $60.17. The firm has "Hold" rating given on Monday, September 11 by Cowen & Co. Cognex Corporation's PEG is 2.11. The company has market cap of $11.61 billion. Cognex Corporation's P/E ratio is 49.40. The Company's products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, which are used for reading codes that are applied on discrete items during the manufacturing process, as well as have applications in logistics automation for package sorting and distribution; DataMan barcode readers; barcode verifiers; vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits.
Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.28, from 1.33 in 2017Q2. It turned negative, as 23 investors sold CGNX shares while 135 reduced holdings.
Several hedge funds and other institutional investors have recently made changes to their positions in CGNX. Proshare Ltd Liability Com owns 0.01% invested in Cognex Corporation (NASDAQ:CGNX) for 5,886 shares. BlackRock Inc. now owns 6,887,038 shares of the scientific and technical instruments company's stock worth $584,711,000 after purchasing an additional 231,014 shares during the period. Cognex reported earnings per share of $0.24 in the same quarter last year, which would suggest a positive year over year growth rate of 4.2%. (NASDAQ:SOHU). Hsbc Holding Public Ltd Company has invested 0.02% of its portfolio in Sohu.com Inc.
Cognex Corporation (NASDAQ:CGNX)'s RSI (Relative Strength Index) is 62.34. State Treasurer State Of Michigan has invested 0.03% in Cognex Corporation (NASDAQ:CGNX). 83,000 are owned by Thomas Story And Son Llc. Elk Creek Ptnrs reported 0.37% in Trimble Inc.
Cognex (NASDAQ:CGNX) last posted its earnings results on Monday, October 30th. (NASDAQ:SOHU). Bnp Paribas Arbitrage holds 1,844 shares or 0% of its portfolio. Hall Laurie J Trustee reported 380 shares. 1,829 are held by Stephens Ar. Shine Investment Advisory Ser invested in 0.01% or 134 shares. The scientific and technical instruments company reported $0.57 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.05. 1832 Asset Management Ltd Partnership has invested 0.07% of its portfolio in Cognex Corporation (NASDAQ:CGNX).
Looking into last 5 trades, the stock observed a return of nearly 2.21%. About 129,233 shares traded. It has outperformed by 114.30% the S&P500.
Since August 3, 2017, it had 0 insider purchases, and 7 insider sales for $13.24 million activity. Shares for $513,359 were sold by Schneider Jerry A. Willett Robert also sold $849,597 worth of Cognex Corporation (NASDAQ:CGNX) on Friday, August 25. Another trade for 9,750 shares valued at $1.01 million was sold by KRANTZ THEODOR. J BRUCE ROBINSON sold $745,529 worth of stock or 7,000 shares. $1.05 million worth of NMI Holdings, Inc. $556,565 worth of Cognex Corporation (NASDAQ:CGNX) was sold by ALIAS PATRICK on Tuesday, September 12.