1 week Ago By ABMN Staff
Cognex ( NASDAQ:CGNX – Get Free Report ) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect Cognex to post earnings of $0.13 per share and revenue of $214.
38 million for the quarter. Cognex has set its Q1 2025 guidance at EPS. Cognex ( NASDAQ:CGNX – Get Free Report ) last released its earnings results on Wednesday, February 12th.
The scientific and technical instruments company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.
01). Cognex had a return on equity of 5.65% and a net margin of 11.
61%. On average, analysts expect Cognex to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year. Cognex Stock Up 0.
3 % NASDAQ:CGNX opened at $26.16 on Monday. The business’s 50 day moving average is $29.
09 and its two-hundred day moving average is $35.35. Cognex has a 52 week low of $22.
67 and a 52 week high of $53.13. The company has a market cap of $4.
43 billion, a PE ratio of 42.89 and a beta of 1.56.
Cognex Announces Dividend Insider Activity at Cognex In other Cognex news, EVP Carl Gerst sold 6,803 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $32.73, for a total value of $222,662.
19. Following the completion of the sale, the executive vice president now directly owns 4,566 shares of the company’s stock, valued at approximately $149,445.18.
This represents a 59.84 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
1.60% of the stock is currently owned by insiders. Analysts Set New Price Targets A number of research firms have commented on CGNX.
The Goldman Sachs Group reduced their target price on Cognex from $39.00 to $35.00 and set a “sell” rating on the stock in a report on Tuesday, February 18th.
HSBC downgraded Cognex from a “buy” rating to a “hold” rating and set a $33.00 price target on the stock. in a report on Friday, February 21st.
Needham & Company LLC cut their price target on Cognex from $47.00 to $41.00 and set a “buy” rating on the stock in a report on Friday, February 14th.
Hsbc Global Res downgraded Cognex from a “strong-buy” rating to a “hold” rating in a report on Friday, February 21st. Finally, Citigroup cut their price target on Cognex from $37.00 to $26.
00 and set a “neutral” rating on the stock in a report on Monday, April 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.
com, the stock currently has a consensus rating of “Hold” and an average price target of $42.83. Check Out Our Latest Report on Cognex About Cognex ( Get Free Report ) Cognex Corporation provides machine vision products that capture and analyze visual information 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, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. Featured Articles Receive News & Ratings for Cognex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cognex and related companies with MarketBeat.com's FREE daily email newsletter .
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