Cognex Corporation Stock Price and Value Analysis

Should you buy Cognex Corporation stock? (NasdaqGS:CGNX). Let's see how it does in our automated value investing analysis system.

CGNX Free Cash Flow Trend

Free Cash Flow trendline for CGNX
Free Cash Flow trendline for Cognex Corporation

Based on historical returns, we believe that Cognex Corporation can grow its free cash at a rate of about 2%. That's positive!

AdvantagesDisadvantages
  • This company is solid.
  • This company has stable growth.
  • This stock looks overpriced.
  • This company is making money at a modest rate.
  • This company has a low dividend yield.

Inside the CGNX Numbers

CGNX Price
(Cognex Corporation stock price per share)
$78.34
[?] CGNX Fair Price
(based on intrinsic value)
$11.47
[?] CGNX Safety Price (based on a variable margin of safety) $7.46
[?] PE Ratio versus Sector 376% higher than other Technology stocks
[?] PE Ratio versus Industry 157% higher than other Scientific & Technical Instruments stocks
[?] Cash Yield 0.75%
[?] Free Cash Flow Jitter 22%
[?] Dividend Yield 0%
Shares Shorted 2,459,956

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,459,956 shares shorted. With 168,413,205 shares available for purchase and an average trading volume over the past 10 trading days of 995,057, it would take at least 2.472 days for all of the short holders to cover their shorts.

Is Cognex Corporation Stock on Sale?

We believe that Cognex Corporation may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Cognex Corporation looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy CGNX Stock?

Does Cognex Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.