CGNX vs. MKSI, ST, MLAB, HURC, KEYS, LYFT, RDDT, ARW, YNDX, and WTS
Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include MKS Instruments (MKSI), Sensata Technologies (ST), Mesa Laboratories (MLAB), Hurco Companies (HURC), Keysight Technologies (KEYS), Lyft (LYFT), Reddit (RDDT), Arrow Electronics (ARW), Yandex (YNDX), and Watts Water Technologies (WTS).
MKS Instruments (NASDAQ:MKSI) and Cognex (NASDAQ:CGNX) are both mid-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, profitability, community ranking, valuation, analyst recommendations, institutional ownership, earnings and risk.
MKS Instruments received 21 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 71.62% of users gave MKS Instruments an outperform vote while only 60.60% of users gave Cognex an outperform vote.
MKS Instruments presently has a consensus target price of $128.75, suggesting a potential upside of 6.63%. Cognex has a consensus target price of $47.70, suggesting a potential upside of 17.46%. Given MKS Instruments' higher possible upside, analysts plainly believe Cognex is more favorable than MKS Instruments.
Cognex has lower revenue, but higher earnings than MKS Instruments. MKS Instruments is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.
MKS Instruments has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500.
In the previous week, Cognex had 3 more articles in the media than MKS Instruments. MarketBeat recorded 4 mentions for Cognex and 1 mentions for MKS Instruments. Cognex's average media sentiment score of 1.79 beat MKS Instruments' score of 0.76 indicating that MKS Instruments is being referred to more favorably in the media.
Cognex has a net margin of 13.52% compared to Cognex's net margin of -50.80%. Cognex's return on equity of 9.95% beat MKS Instruments' return on equity.
99.8% of MKS Instruments shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 0.5% of MKS Instruments shares are owned by insiders. Comparatively, 1.1% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
MKS Instruments pays an annual dividend of $0.88 per share and has a dividend yield of 0.7%. Cognex pays an annual dividend of $0.30 per share and has a dividend yield of 0.7%. MKS Instruments pays out -3.2% of its earnings in the form of a dividend. Cognex pays out 45.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cognex has raised its dividend for 9 consecutive years. Cognex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Cognex beats MKS Instruments on 13 of the 22 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CGNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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