Cognex Corporation (NASDAQ:CGNX) PEG Ratio At 2.40


Market experts has given a mean price target of $53.80 to Cognex Corporation (NASDAQ:CGNX) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.27 for the near-term quarter and $1.39 for this year.

Technical View

The technical assessment of Cognex Corporation pinpoints that the 50-day moving average of Cognex Corporation (NASDAQ:CGNX) stock is $48.94, and is trading $0.90 points away or +1.84% from 50-day moving average of $48.94. It is trading $7.17 or +16.82% off 200-day MA of $42.67.

The 52-week high of Cognex Corporation (NASDAQ:CGNX) was $53.45 while $28.01 is the low point in the same period. Cognex Corporation share price has to rise more than $-3.61 to register a high for 52-weeks or drop +77.94% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

Cognex Corporation (NASDAQ:CGNX) P/E ratio is 24.02 while PEG ratio is at 2.40. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

Cognex Corporation stock recorded a close of $49.84 in last trading session, which brings it market cap to $4.24B.

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