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, implying a possible profit of 5.87 percent. The most pessimistic analyst gave a price target of 80, implying a possible loss 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. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CGNX to grow at a rate of 2.17 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CGNX is 21.45.

In the last 52-weeks, CGNX has achieved a high of 97.99 and a low of 43.93. Currently the stock is 117.16 percent higher than its low, and 2.64 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.