Cognex (CGNX) Competitors

$40.61
+0.82 (+2.06%)
(As of 04/26/2024 08:52 PM ET)

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).

Cognex vs.

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.

CompanyUnderperformOutperform
MKS InstrumentsOutperform Votes
530
71.62%
Underperform Votes
210
28.38%
CognexOutperform Votes
509
60.60%
Underperform Votes
331
39.40%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MKS Instruments
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Cognex
2 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.33

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MKS Instruments$3.62B2.24-$1.84B-$27.55-4.38
Cognex$837.55M8.32$113.23M$0.6661.53

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MKS Instruments
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Cognex
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

Company Net Margins Return on Equity Return on Assets
MKS Instruments-50.80% 9.95% 3.05%
Cognex 13.52%6.86%5.09%

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.

New MarketBeat Followers Over Time

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 Chart

Media Sentiment Over Time

This 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.
Skip Chart

CGNX vs. The Competition

MetricCognexProcess control instruments IndustryComputer SectorNASDAQ Exchange
Market Cap$6.97B$20.84B$18.77B$7.58B
Dividend Yield0.74%1.00%2.73%3.94%
P/E Ratio61.5366.86238.6419.10
Price / Sales8.324.51510.1187.48
Price / Cash46.2916.9829.2735.27
Price / Book4.653.206.794.48
Net Income$113.23M$474.99M$605.95M$211.90M
7 Day Performance3.68%0.09%4.68%3.92%
1 Month Performance-4.27%-8.58%-1.03%-3.25%
1 Year Performance-14.85%15.62%19.54%7.21%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MKSI
MKS Instruments
3.8149 of 5 stars
$112.56
+2.6%
$128.75
+14.4%
+44.0%$7.55B$3.62B-4.0910,200Positive News
ST
Sensata Technologies
4.7317 of 5 stars
$34.26
+1.6%
$39.25
+14.6%
-19.5%$5.07B$4.05B-685.0619,400Upcoming Earnings
Dividend Announcement
Short Interest ↓
MLAB
Mesa Laboratories
3.958 of 5 stars
$106.62
+4.3%
$130.00
+21.9%
-38.0%$574.68M$219.08M627.21698Short Interest ↓
Positive News
HURC
Hurco Companies
0.4813 of 5 stars
$18.93
+0.4%
N/A-17.7%$123.23M$227.81M90.14716Short Interest ↑
KEYS
Keysight Technologies
3.8853 of 5 stars
$146.79
+1.4%
$160.63
+9.4%
+2.7%$25.62B$5.46B26.9314,900
LYFT
Lyft
2.6153 of 5 stars
$16.92
+1.1%
$14.60
-13.7%
+59.7%$6.76B$4.40B-19.012,945
RDDT
Reddit
0 of 5 stars
42.82
+1.9%
N/AN/A$6.81BN/A0.002,013Quiet Period Expiration
ARW
Arrow Electronics
3.368 of 5 stars
$125.01
+1.4%
$136.00
+8.8%
+12.4%$6.75B$33.11B7.9222,100Upcoming Earnings
Positive News
YNDX
Yandex
0 of 5 stars
$18.94
flat
N/AN/A$6.85B$8.92B31.0520,850Gap Down
WTS
Watts Water Technologies
3.8195 of 5 stars
$206.62
+1.0%
$191.20
-7.5%
+24.6%$6.88B$2.06B26.425,100Positive News

Related Companies and Tools

This page (NASDAQ:CGNX) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners