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.

Many analysts weighed in on price targets for CGNX. The most optimistic analyst gave a price target of 101, which equates to a potential upside of 5.87 percent. The most pessimistic analyst gave a price target of 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -10.75 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

CGNX has an estimated earnings growth rate of 2.17 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 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 stock has a market capitalization of $8.24 billion. CGNX's next earnings release will be on 0000-00-00, which is days away.