On Tuesday, Cognex Corp (NASDAQ: CGNX) opened lower -1.12% from the last session, before settling in for the closing price of $38.36. Price fluctuations for CGNX have ranged from $34.79 to $53.13 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 1.98% annually for the last half of the decade. Company’s average yearly earnings per share was noted -6.31% at the time writing. With a float of $171.08 million, this company’s outstanding shares have now reached $171.51 million.
In an organization with 2992 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Scientific & Technical Instruments industry is another important factor to consider. The insider ownership of Cognex Corp is 0.25%, while institutional ownership is 97.40%. 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
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
Check out the current performance indicators for Cognex Corp (CGNX). In the past quarter, the stock posted a quick ratio of 2.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.38. Likewise, its price to free cash flow for the trailing twelve months is 70.57.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.02 million. That was inferior than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.04%. Additionally, its Average True Range was 1.11.
During the past 100 days, Cognex Corp’s (CGNX) raw stochastic average was set at 16.56%, which indicates a significant increase from 9.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.11% in the past 14 days, which was lower than the 48.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.92, while its 200-day Moving Average is $42.15. However, in the short run, Cognex Corp’s stock first resistance to watch stands at $38.48. Second resistance stands at $39.04. The third major resistance level sits at $39.44. If the price goes on to break the first support level at $37.52, it is likely to go to the next support level at $37.12. Assuming the price breaks the second support level, the third support level stands at $36.56.
Cognex Corp (NASDAQ: CGNX) Key Stats
There are currently 171,515K shares outstanding in the company with a market cap of 6.51 billion. Presently, the company’s annual sales total 837,550 K according to its annual income of 113,230 K. Last quarter, the company’s sales amounted to 234,740 K and its income totaled 29,590 K.
