Cognex Corp. (CGNX) Scheduled to Post Quarterly Earnings on Thursday
Cognex Corp. (NASDAQ:CGNX) is set to issue its quarterly earnings data on Thursday, February 13th. Parties that wish to listen to the company’s conference call can do so using this link.
Shares of Cognex Corp. (NASDAQ:CGNX) opened at 38.97 on Wednesday. Cognex Corp. has a one year low of $18.435 and a one year high of $39.99. The stock’s 50-day moving average is $37.99 and its 200-day moving average is $32.53. The company has a market cap of $3.401 billion and a price-to-earnings ratio of 49.72.
CGNX has been the subject of a number of recent research reports. Analysts at Needham & Company raised their price target on shares of Cognex Corp. from $37.00 to $45.00 in a research note on Thursday, January 2nd. Analysts at BB&T Corp. initiated coverage on shares of Cognex Corp. in a research note on Wednesday, December 18th. They set a “buy” rating and a $45.00 price target on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $52.50.
Cognex Corporation (NASDAQ:CGNX) is a provider of machine vision products, which capture and analyze visual information in order to automate tasks, in manufacturing processes, where vision is required.
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