A new trading day began on Tuesday, with Cognex Corp (NASDAQ: CGNX) stock price up 1.49% from the previous day of trading, before settling in for the closing price of $36.15. CGNX’s price has 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. Meanwhile, its annual earnings per share averaged -4.02%. With a float of $171.09 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Scientific & Technical Instruments Industry. The insider ownership of Cognex Corp is 0.25%, while institutional ownership is 97.48%. The most recent insider transaction that took place on Dec 12 ’24, was worth 110,773. In this transaction Chief Technology Officer of this company sold 2,934 shares at a rate of $37.75, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 12 ’24, when Company’s Officer proposed sale 2,934 for $37.75, making the entire transaction worth $110,773.
Cognex Corp (CGNX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.02% 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
Here are Cognex Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.14. Likewise, its price to free cash flow for the trailing twelve months is 68.27.
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 1.68 million. That was better 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 30.20%. Additionally, its Average True Range was 1.09.
During the past 100 days, Cognex Corp’s (CGNX) raw stochastic average was set at 16.15%, which indicates a significant decrease from 38.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.15% in the past 14 days, which was lower than the 30.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.36, while its 200-day Moving Average is $41.98. However, in the short run, Cognex Corp’s stock first resistance to watch stands at $37.00. Second resistance stands at $37.31. The third major resistance level sits at $37.90. If the price goes on to break the first support level at $36.11, it is likely to go to the next support level at $35.52. The third support level lies at $35.21 if the price breaches the second support level.
Cognex Corp (NASDAQ: CGNX) Key Stats
With a market capitalization of 6.29 billion, the company has a total of 171,515K Shares Outstanding. Currently, annual sales are 837,550 K while annual income is 113,230 K. The company’s previous quarter sales were 234,740 K while its latest quarter income was 29,590 K.
