Cognex Statistics

Share Statistics

Cognex has 167.9M shares outstanding. The number of shares has increased by -2.12% in one year.

Shares Outstanding	167.9M
Shares Change (YoY)	-2.12%
Shares Change (QoQ)	-0.89%
Owned by Institutions (%)	90.38%
Shares Floating	167.43M
Failed to Deliver (FTD) Shares	11
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 5.74M, so 3.39% of the outstanding shares have been sold short.

Short Interest	5.74M
Short % of Shares Out	3.39%
Short % of Float	3.79%
Short Ratio (days to cover)	3.31

Valuation Ratios

The PE ratio is 57.9 and the forward PE ratio is 35.3. Cognex's PEG ratio is -9.55.

PE Ratio	57.9
Forward PE	35.3
PS Ratio	6.72
Forward PS	6.4
PB Ratio	4.05
P/FCF Ratio	45.87
PEG Ratio	-9.55

Financial Ratio History

Enterprise Valuation

Cognex has an Enterprise Value (EV) of 6.03B.

EV / Sales	6.6
EV / EBITDA	40.82
EV / EBIT	40.46
EV / FCF	45

Financial Position

The company has a current ratio of 3.62, with a Debt / Equity ratio of 0.05.

Current Ratio	3.62
Quick Ratio	2.69
Debt / Equity	0.05
Debt / EBITDA	0.48
Debt / FCF	0.52
Interest Coverage	0

Financial Efficiency

Return on Equity is 7% and Return on Invested Capital is 5.07%.

Return on Equity	7%
Return on Assets	5.33%
Return on Invested Capital	5.07%
Revenue Per Employee	$313.83K
Profits Per Employee	$36.43K
Employee Count	2,914
Asset Turnover	0.46
Inventory Turnover	1.83

Taxes

Income Tax	25.32M
Effective Tax Rate	19.25%

Stock Price Statistics

The stock price has increased by 5.14% in the last 52 weeks. The beta is 1.47, so Cognex's price volatility has been higher than the market average.

Beta	1.47
52-Week Price Change	5.14%
50-Day Moving Average	33.31
200-Day Moving Average	34.18
Relative Strength Index (RSI)	71.73
Average Volume (20 Days)	1,866,551

Income Statement

In the last 12 months, Cognex had revenue of 914.51M and earned 106.17M in profits. Earnings per share was 0.62.

Revenue	914.51M
Gross Profit	625.79M
Operating Income	115.06M
Net Income	106.17M
EBITDA	147.75M
EBIT	115.06M
Earnings Per Share (EPS)	0.62

Full Income Statement

Balance Sheet

The company has 186.09M in cash and 70.22M in debt, giving a net cash position of 115.88M.

Cash & Cash Equivalents	186.09M
Total Debt	70.22M
Net Cash	115.88M
Retained Earnings	499.3M
Total Assets	2B
Working Capital	435.29M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 149.08M and capital expenditures -15.04M, giving a free cash flow of 134.04M.

Operating Cash Flow	149.08M
Capital Expenditures	-15.04M
Free Cash Flow	134.04M
FCF Per Share	0.78

Full Cash Flow Statement

Margins

Gross margin is 68.43%, with operating and profit margins of 12.58% and 11.61%.

Gross Margin	68.43%
Operating Margin	12.58%
Pretax Margin	14.38%
Profit Margin	11.61%
EBITDA Margin	16.16%
EBIT Margin	12.58%
FCF Margin	14.66%

Dividends & Yields

CGNX pays an annual dividend of $0.4, which amounts to a dividend yield of 0.78%.

Dividend Per Share	$0.40
Dividend Yield	0.78%
Dividend Growth (YoY)	6.67%
Payout Ratio	54.11%
Earnings Yield	1.73%
FCF Yield	2.18%

Dividend Details

Analyst Forecast

The average price target for CGNX is $41, which is 1.3% higher than the current price. The consensus rating is "Hold".

Price Target	$41
Price Target Difference	1.3%
Analyst Consensus	Hold
Analyst Count	10

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$3.1
Lynch Upside	-92.34%
Graham Number	11.11
Graham Upside	-72.55%

Stock Splits

The last stock split was on Dec 4, 2017. It was a forward split with a ratio of 2:1.

Last Split Date	Dec 4, 2017
Split Type	forward
Split Ratio	2:1

Scores

Altman Z-Score	9.64
Piotroski F-Score	6

Cognex Corporation (CGNX)