After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted Cognex Announces Fourth Quarter Earnings Release Date and Conference Call.
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Stocks Info
As a NASDAQ listed company, CGNX falls under the Technology sector while operating within the Scientific & Technical Instruments industry segment. The current market capitalization of Cognex Corp. is $6.56B. A total of 1.05 million shares were traded on the day, compared to an average of 1.41M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CGNX has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 163 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 15 SELLs from insiders. Insiders purchased 56,075 shares during that period but sold 27,175.
In the most recent transaction, ALIAS PATRICK sold 4,375 shares of CGNX for 49.53 per share on Mar 06. After the transaction, the Director now owns 0 company shares. In a previous transaction on Mar 03, ALIAS PATRICK sold 600 shares at 49.50 per share. CGNX shares that Director owns now total 0.
Among the insiders who sold shares, KRANTZ THEODOR disposed of 854 shares on Feb 23 at a per-share price of $48.04. This resulted in the Director holding 35,500 shares of CGNX after the transaction. In another insider transaction, KRANTZ THEODOR sold 912 shares at $48.39 per share on Feb 17. Company shares held by the Director now total 35,500.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cognex Corp. pays an annual dividend of $0.30, resulting in a dividend yield of 0.78%, and it has a price to earnings (P/E) ratio of 42.00. CGNX’s most recent ex-dividend date was 11/16/2023 when it declared a $0.0750 quarterly dividend that was paid in cash on 12/1/2023. Previously, the company paid the dividend on 9/1/2023 with an ex-dividend date of 8/17/2023. The CGNX stock dividend was $0.07 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CGNX in the last 3 months, the mean price target is $44.79 with high estimates of $60.00 and low estimates of $35.00. In terms of 52-week highs and lows, CGNX has a high of $59.51 and a low of $34.28.
As of this writing, CGNX has an earnings estimate of $0.1 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.08. The company reported an EPS of $0.32 in the last quarter, which was 14.30% higher than expectations of $0.28.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CGNX is Buy with a score of 3.54.
