# Cognex Corporation – Consensus ‘hold’ rating and 47.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/cognex-corporation-consensus-hold-rating-and-47.6-upside-potential/4121130838
- Published: 2023-10-26T13:47:11+01:00
- Author: Charlotte Edwards

**Cognex Corporation** which can be found using ticker (CGNX) now have 14 analysts
in total covering the stock. The consensus rating is pointing to ‘hold’. The target
price High/Low ranges between 65 and 40 suggesting an average Analsyt target price
of $52.86. Given that the stocks previous close was at $35.81 this would indicate
that there is a potential upside of 47.6%. It’s also worth noting that there is 
a 50 day moving average of $42.83 while the 200 day moving average is $49.51. The
company has a market capitalization of 6.03B. The stock price for the company is
currently 34.99 USD

 The potential market cap would be $8,898,861,027 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 35.34, 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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