# Cognex Corporation – Consensus ‘hold’ rating and 46.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/cognex-corporation-consensus-hold-rating-and-46.9-upside-potential/4121131630
- Published: 2023-11-01T14:47:32+00:00
- Author: Charlotte Edwards

**Cognex Corporation** with ticker code (CGNX) have now 14 market analysts covering
the stock. The analyst consensus now points to a rating of ‘hold’. The target price
High/Low ranges between $65.00 and $40.00 calculating the average target price we
see $52.86. Now with the previous closing price of $35.99 this now indicates there
is a potential upside of 46.9%. The day 50 moving average is $41.91 and the 200 
moving average now moves to $49.16. The company has a market capitalization of 6.05B.
The stock price for the company is currently $35.09 USD

 The potential market cap would be $8,879,659,009 based on the market consensus.

The company has a dividend yield of 2.09%. Other points of data to note are a P/
E ratio of 35.44, revenue per share of $5.17 and a 5.84% return on assets.

Cognex Corporation is a provider of machine vision products that capture and analyze
visual information to automate manufacturing and distribution tasks where vision
is required. The Company’s solutions blend physical products and software to capture
and analyze visual information, allowing for the automation of manufacturing and
distribution tasks for customers worldwide. It offers a range of machine vision 
systems and sensors, vision software, and industrial image-based barcode readers
designed to meet customer needs at different performance and price points. Its products
range from deep learning solutions that solve complex applications with unpredictable
defects and deviations, to lower-cost vision sensors that conduct simple presence/
absence inspections. Its products are used to automate the manufacturing or distribution
and tracking of discrete items, such as mobile phones, electric vehicle batteries,
and e-commerce packages, by locating, identifying, and inspecting them.

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