Shares of Technology sector company Cognex moved 3.5% today, and are now trading at a price of $51.55. The mid-cap stock's daily volume was 562,111 compared to its average volume of 932,633. The S&P 500 index returned a 0.8% performance.
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. The company is based in Natick and has 2,257 full time employees. Its market capitalization is $8,914,541,568. Cognex currently offers its equity investors a dividend that yields 0.5% per year.
16 analysts are following Cognex and have set target prices ranging from $40 to $65 per share. On average, they have given the company a rating of hold. At today's prices, CGNX is trading 1.58% away from its average analyst target price of $50.75 per share.
Over the last year, CGNX shares have gone down by -33.9%, which represents a difference of -20.0% when compared to the S&P 500. The stock's 52 week high is $80.3 per share and its 52 week low is $40.21. With average free cash flows of $236,408,000 that have been growing at an average rate of 17.8% over the last four years, Cognex declining stock performance may not be reflective of the quality of its underlying business.