Share on StockTwits

Cognex (NASDAQ:CGNX) shares hit a new 52-week high on Thursday , American Banking reports. The company traded as high as $40.60 and last traded at $40.25, with a volume of 386,518 shares changing hands. The stock had previously closed at $39.48.

The stock’s 50-day moving average is $36.55 and its 200-day moving average is $36.39. The company has a market cap of $3.502 billion and a P/E ratio of 45.91.

Cognex (NASDAQ:CGNX) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.01. The company had revenue of $90.90 million for the quarter, compared to the consensus estimate of $91.15 million. On average, analysts predict that Cognex will post $1.15 EPS for the current fiscal year.

Cognex Corporation (NASDAQ:CGNX) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.