After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Cognex Announces Fourth Quarter Earnings Release Date and Conference Call.
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
Stocks Info
Cognex Corp. is listed on the NASDAQ in the Technology sector while operating in the Scientific & Technical Instruments industry. At the end of the last regular session, the stock closed at $38.69 and fluctuated between $39.12 as its day high and $38.56 as its day low. The current market capitalization of Cognex Corp. is $6.66B. A total of 1.31 million shares were traded on the day, compared to an average of 1.41M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. 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
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Cognex Corp. pays an annual dividend of $0.30, resulting in a dividend yield of 0.77%, and it has a price to earnings (P/E) ratio of 42.62. 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.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CGNX in the last 3 months, the mean price target is $44.50 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
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CGNX’s latest balance sheet shows that the firm has $323.62M in Cash & Short Term Investments as of fiscal 2021. There were $25.58M in debt and $188.59M in liabilities at the time. Its Book Value Per Share was $8.65, while its Total Shareholder’s Equity was $1.43B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.
