Cognex (CGNX) to Release Quarterly Earnings on Thursday

Cognex (NASDAQ:CGNX) will issue its quarterly earnings data after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

Shares of Cognex (CGNX) opened at $56.98 on Thursday. The stock has a market cap of $9,870.00, a price-to-earnings ratio of 41.90 and a beta of 1.44. Cognex has a 1-year low of $34.13 and a 1-year high of $72.99.

In other Cognex news, Director Patrick Alias sold 5,000 shares of the stock in a transaction on Monday, November 27th. The shares were sold at an average price of $143.54, for a total value of $717,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.60% of the stock is owned by corporate insiders.

CGNX has been the subject of several recent analyst reports. JPMorgan Chase & Co. downgraded shares of Cognex from a “neutral” rating to an “underweight” rating and set a $62.50 price objective for the company. in a report on Wednesday, November 8th. Canaccord Genuity increased their price target on shares of Cognex from $47.50 to $60.00 and gave the company a “hold” rating in a report on Tuesday, October 31st. Zacks Investment Research downgraded shares of Cognex from a “strong-buy” rating to a “sell” rating in a report on Tuesday, January 2nd. ValuEngine downgraded shares of Cognex from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Finally, BidaskClub downgraded shares of Cognex from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $63.00.

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About Cognex

Cognex Corporation (Cognex) 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. The Company operates through the machine vision technology segment. The Company’s machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles and automobile tires, by locating, identifying, inspecting and measuring them during the manufacturing or distribution process.

Earnings History for Cognex (NASDAQ:CGNX)

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