Equities Analysts Set Expectations for Cognex Q1 Earnings

Cognex Co. (NASDAQ:CGNX) – Investment analysts at DA Davidson issued their Q1 2025 EPS estimates for Cognex in a research note issued to investors on Wednesday, February 19th. DA Davidson analyst M. Summerville expects that the scientific and technical instruments company will post earnings of $0.05 per share for the quarter. The consensus estimate for Cognex’s current full-year earnings is $0.62 per share. DA Davidson also issued estimates for Cognex’s FY2026 earnings at $0.84 EPS.

Other equities research analysts also recently issued reports about the stock. Truist Financial reissued a “hold” rating and issued a $37.00 price target (down from $43.00) on shares of Cognex in a report on Friday, February 14th. Stephens restated an “overweight” rating and set a $55.00 price objective on shares of Cognex in a report on Thursday, January 2nd. UBS Group dropped their target price on Cognex from $58.00 to $56.00 and set a “buy” rating on the stock in a report on Tuesday. Cantor Fitzgerald upgraded Cognex to a “strong-buy” rating in a report on Friday, December 20th. Finally, Citigroup dropped their price objective on Cognex from $44.00 to $42.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.42.

Cognex Stock Down 0.7 %

CGNX stock opened at $33.40 on Thursday. The company has a market capitalization of $5.67 billion, a P/E ratio of 54.75 and a beta of 1.40. The company has a 50-day simple moving average of $37.43 and a 200 day simple moving average of $38.77. Cognex has a fifty-two week low of $32.41 and a fifty-two week high of $53.13.

Cognex (NASDAQ:CGNX) last announced its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Cognex had a net margin of 11.61% and a return on equity of 5.65%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CGNX. Mackenzie Financial Corp increased its stake in shares of Cognex by 9.5% in the fourth quarter. Mackenzie Financial Corp now owns 2,038,345 shares of the scientific and technical instruments company’s stock valued at $73,095,000 after buying an additional 177,324 shares in the last quarter. Forum Financial Management LP bought a new position in Cognex during the fourth quarter worth about $210,000. Pinney & Scofield Inc. bought a new position in Cognex during the fourth quarter worth about $124,000. Neo Ivy Capital Management bought a new position in shares of Cognex during the 4th quarter valued at about $1,914,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Cognex by 24.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 466,889 shares of the scientific and technical instruments company’s stock valued at $16,743,000 after purchasing an additional 90,640 shares in the last quarter. 88.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cognex

In other Cognex news, CTO Joerg Kuechen sold 2,934 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $37.75, for a total transaction of $110,758.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

Cognex Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 27th will be paid a $0.08 dividend. The ex-dividend date is Thursday, February 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.96%. Cognex’s payout ratio is 52.46%.

About Cognex

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.