Is Cognex Corporation (CGNX) Share’s Price Now at Risk?

PARROTTE DIANNE M, Director, subtracted 900 shares of Cognex Corporation (CGNX) from its portfolio at the rate of $45.00 per share valuing $40,500 on Aug 13. The insider left behind 19,700 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $54.38, with a 2nd Resistance Point sitting at $54.78. Meanwhile, this company’s stock has a 1st Support Level at $53.34 and a 2nd Support Level at $52.70. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Cognex Corporation (CGNX) was $53.98. Cognex Corporation (CGNX) stock has gained $1.77, or 3.40%, in the past five days. In the last full month, these shares have gained $5.76, or 11.95%. In the past three months, this stock’s price has risen by $11.82, or 28.04%. This year-to-date, Cognex Corporation (CGNX) shares have gained $15.31, or 39.59%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Cognex Corporation (CGNX) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”

With 170,661 K shares outstanding, this company currently has a market capitalization of $8,959,702K. Cognex Corporation (CGNX) generates $806,340 K in annual sales, amounting to annual net income of $219,270 K. This stock has generated a 1-Year Total Return of 30.89%, a 3-Year Total Return of 112.65%, and a 5-year Total Return of 165.78%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.050 per share on 08/15/19. Its Annual Dividend Yield is 0.38%, and its Annual Dividend Rate is 0.20.

In the most recently-reported fiscal quarter, which ended in 06/19, Cognex Corporation (CGNX) reported earnings of $0.28 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.23 per share, representing a 0.05 difference and 21.74% surprise. In the previous quarter ending in 03/19, the reported earnings of $0.19 represented a 0.03 difference from the consensus estimate calling for $0.16 per share, which was a 18.75% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.21 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $0.22 and the low estimate was $0.20. In the year-ago quarter, Cognex Corporation (CGNX) generated per-share earnings of $0.45. If the analysts are correct about the current quarter’s earnings, the growth will be -53.33%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 1 sale (900 shares in total) in the last 3 months. In the last 6 months, there have been 4 insider buys amounting to 50,000 shares and 5 insider sales amounting to 50,900 shares. In the past full year, 7 insider purchases were made (involving 90,000 shares) and 8 insider sell-offs equivalent to 90,900 shares.

Moving onto liquidity, Cognex Corporation (CGNX) has a Current Ratio of 8.54, a Quick Ratio of 7.63 and a Cash Ratio of 5.86.