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Cognex Corporation is currently in a long term uptrend where the price is trading 8.2% above its 200 day moving average.
From a valuation standpoint, the stock is 34.0% more expensive than other stocks from the Technology sector with a price to sales ratio of 18.3.
Cognex Corporation's total revenue rose by 31.7% to $224M since the same quarter in the previous year.
Its net income has dropped by 13.7% to $69M since the same quarter in the previous year.
Finally, its free cash flow grew by 33.2% to $79M since the same quarter in the previous year.
Based on the above factors, Cognex Corporation gets an overall score of 3/5.
Industry | Scientific & Technical Instruments |
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Sector | Technology |
ISIN | US1924221039 |
CurrencyCode | EUR |
Exchange | F |
Dividend Yield | 0.6% |
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Target Price | 92.57 |
PE Ratio | 38.67 |
Beta | 1.6 |
Market Cap | 8B |
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. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.
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