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.

A number of analysts gave price targets for CGNX. The most optimistic price target was 101, which equates to a potential upside of 5.87 percent. The most pessimistic analyst gave a price target of 80, implying potential capital losses of -16.14 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -10.75 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.73 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

CGNX has an estimated earnings growth rate of 2.17 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 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.

In the trailing 52-weeks, CGNX hit 97.99 at the highest peak, while it's lowest trading point was 43.93. The current market price is above the trailing year's low by 117.16 percent, and below the high by 2.64 percent. CGNX has a price/earnings 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 market cap of CGNX is $8.24 billion. CGNX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.