Cognex Corp (NASDAQ: CGNX) on Tuesday, plunged -2.65% from the previous trading day, before settling in for the closing price of $40.33. Within the past 52 weeks, CGNX’s price has moved between $34.79 and $53.13.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 1.98%. The company achieved an average annual earnings per share of -6.31%. With a float of $171.08 million, this company’s outstanding shares have now reached $171.51 million.
The extent of productivity of a business whose workforce counts for 2992 workers is very important to gauge. In terms of profitability, gross margin is 68.4%, operating margin of 11.0%, and the pretax margin is 12.48%.
Cognex Corp (CGNX) Insider Updates
Observing investor behavior towards Scientific & Technical Instruments industry stocks is more important than anything else. The insider ownership of Cognex Corp is 0.25%, while institutional ownership is 97.29%. The most recent insider transaction that took place on Nov 22 ’24, was worth 1,040,671. In this transaction Director of this company sold 26,000 shares at a rate of $40.03, taking the stock ownership to the 26,608 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Director proposed sale 26,000 for $40.03, making the entire transaction worth $1,040,671.
Cognex Corp (CGNX) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.11 earnings per share (EPS) for the period topping the consensus outlook (set at 0.09) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.97% during the next five years compared to -11.98% drop over the previous five years of trading.
Cognex Corp (NASDAQ: CGNX) Trading Performance Indicators
Cognex Corp (CGNX) is currently performing well based on its current performance indicators. A quick ratio of 2.96 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.64. Likewise, its price to free cash flow for the trailing twelve months is 73.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Cognex Corp (CGNX)
The latest stats from [Cognex Corp, CGNX] show that its last 5-days average volume of 0.78 million was inferior to 1.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 45.49%. Additionally, its Average True Range was 1.13.
During the past 100 days, Cognex Corp’s (CGNX) raw stochastic average was set at 22.43%, which indicates a significant decrease from 27.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.53% in the past 14 days, which was lower than the 48.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.09, while its 200-day Moving Average is $42.18. Now, the first resistance to watch is $39.96. This is followed by the second major resistance level at $40.66. The third major resistance level sits at $41.13. If the price goes on to break the first support level at $38.80, it is likely to go to the next support level at $38.33. Assuming the price breaks the second support level, the third support level stands at $37.63.
Cognex Corp (NASDAQ: CGNX) Key Stats
Market capitalization of the company is 6.73 billion based on 171,515K outstanding shares. Right now, sales total 837,550 K and income totals 113,230 K. The company made 234,740 K in profit during its latest quarter, and 29,590 K in sales during its previous quarter.
