Cognex Corp. (CGNX) concluded trading on Wednesday at a closing price of $48.10, with 0.44 million shares of worth about $21.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.24% during that period and on July 03, 2024 the price saw a gain of about 1.93%. Currently the company’s common shares owned by public are about 171.60M shares, out of which, 171.24M shares are available for trading.
Stock saw a price change of 3.46% in past 5 days and over the past one month there was a price change of 6.35%. Year-to-date (YTD), CGNX shares are showing a performance of 15.24% which decreased to -14.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $34.28 but also hit the highest price of $59.51 during that period. The average intraday trading volume for Cognex Corp. shares is 1.03 million. The stock is currently trading 5.45% above its 20-day simple moving average (SMA20), while that difference is up 6.52% for SMA50 and it goes to 18.32% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Cognex Corp. (NASDAQ: CGNX) currently have 171.60M outstanding shares and institutions hold larger chunk of about 95.12% of that.
The stock has a current market capitalization of $8.26B and its 3Y-monthly beta is at 1.42. PE ratio of stock for trailing 12 months is 83.67, while it has posted earnings per share of $0.57 in the same period. Its PEG reads 28.17 and has Quick Ratio of 2.55 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CGNX, volatility over the week remained 1.82% while standing at 2.61% over the month.
Stock’s fiscal year EPS is expected to rise by 7.00% while it is estimated to increase by 63.37% in next year. EPS is likely to grow at an annualized rate of 2.97% for next 5-years, compared to annual growth of -11.98% made by the stock over the past 5-years.
Coverage by UBS stated Cognex Corp. (CGNX) stock as a Buy in their note to investors on March 19, 2024, suggesting a price target of $54 for the stock. On March 14, 2024, Truist Initiated their recommendations, while on October 05, 2023, Exane BNP Paribas Initiated their ratings for the stock with a price target of $55. Stock get a Sector weight rating from KeyBanc Capital Markets on October 03, 2023.
