Analyst Ratings for Cognex Corp. (CGNX)

Updated: 2017-07-26

An average rating of Overweight has been given to Cognex Corp. (NASDAQ:CGNX) by analysts covering the stock. About 30 days ago, CGNX was issued an average rating of Overweight.

3 analysts declared CGNX a buy, 1 issued an overweight rating, 9 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for CGNX. The most optimistic analyst gave a price target of 101, implying potential capital gains of 5.87 percent. The most pessimistic price target was 80, which equates to a potential downside of -16.14 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -10.75 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 7.73 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CGNX's earnings is estimated by analysts to be 2.17 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CGNX is 21.45.

CGNX has a 52-week high of 97.99 and a 52-week low of 43.93. Today's price is 117.16 percent above the 52-week low, and below the high by 2.64 percent. CGNX has a P/E ratio of 46.54. Investors typically compare the P/E ratio to a company's peers in the industry. The CGNX value stock report compares CGNX to some of its peers using value stock charts. The stock has a market capitalization of $8.24 billion. CGNX will post this quarters earnings in days, on 0000-00-00.