# Cognex Corporation  Share Price Target ‘$49.60’, now .5% Upside Potential

- Link: https://www.directorstalkinterviews.com/cognex-corporation-share-price-target-49.60-now.5-upside-potential/4121164576
- Published: 2024-07-12T14:39:27+01:00
- Author: Charlotte Edwards

**Cognex Corporation** which can be found using ticker (CGNX) have now 15 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $60.00 and $40.00 calculating the average target share
price we see $49.60. (at the time of writing). Now with the previous closing price
of $49.34 this would imply there is now a potential upside of .5%. It’s also worth
noting that there is a 50 day moving average of $46.16 and the 200 day moving average
is $40.80. The market capitalization for the company is 8.69B. The stock price for
the company is currently $50.63 USD

 The potential market cap would be $8,737,046,136 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 88.82, revenue per share of $4.93 and a 3.64% 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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