Cognex Return On Equity vs. Shares Owned By Insiders
| CGNX Stock | USD 39.20 0.15 0.38% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.07525094 | Current Value 0.14 | Quarterly Volatility 0.04601946 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.83 | 0.7179 |
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| Net Profit Margin | 0.16 | 0.1352 |
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| Operating Profit Margin | 0.25 | 0.1561 |
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| Pretax Profit Margin | 0.28 | 0.1616 |
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| Return On Assets | 0.0533 | 0.0561 |
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| Return On Equity | 0.14 | 0.0753 |
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For Cognex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cognex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cognex utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cognex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cognex over time as well as its relative position and ranking within its peers.
Cognex |
Cognex's Revenue Breakdown by Earning Segment
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognex. If investors know Cognex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.547 | Dividend Share 0.3 | Earnings Share 0.51 | Revenue Per Share 5.136 | Quarterly Revenue Growth 0.19 |
The market value of Cognex is measured differently than its book value, which is the value of Cognex that is recorded on the company's balance sheet. Investors also form their own opinion of Cognex's value that differs from its market value or its book value, called intrinsic value, which is Cognex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognex's market value can be influenced by many factors that don't directly affect Cognex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cognex Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cognex's current stock value. Our valuation model uses many indicators to compare Cognex value to that of its competitors to determine the firm's financial worth. Cognex is rated second in return on equity category among its peers. It is rated below average in shares owned by insiders category among its peers making about 4.29 of Shares Owned By Insiders per Return On Equity. At this time, Cognex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cognex's earnings, one of the primary drivers of an investment's value.Cognex's Earnings Breakdown by Geography
Cognex Shares Owned By Insiders vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Cognex |
| = | 0.0583 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Cognex |
| = | 0.25 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Cognex Shares Owned By Insiders Comparison
Cognex is currently under evaluation in shares owned by insiders category among its peers.
Cognex Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cognex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cognex will eventually generate negative long term returns. The profitability progress is the general direction of Cognex's change in net profit over the period of time. It can combine multiple indicators of Cognex, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -45.3 M | -43.1 M | |
| Operating Income | 130.7 M | 85.1 M | |
| Income Before Tax | 135.3 M | 92.2 M | |
| Total Other Income Expense Net | 4.6 M | 6.2 M | |
| Net Income | 113.2 M | 77.5 M | |
| Income Tax Expense | 22.1 M | 14.7 M | |
| Net Income Applicable To Common Shares | 247.9 M | 124.2 M | |
| Net Income From Continuing Ops | 157.3 M | 177.2 M | |
| Non Operating Income Net Other | 5.1 M | 7.6 M | |
| Interest Income | 22.1 M | 11.6 M | |
| Change To Netincome | 31.5 M | 33 M | |
| Net Income Per Share | 0.66 | 0.34 | |
| Income Quality | 1.00 | 0.78 | |
| Net Income Per E B T | 0.84 | 0.62 |
Cognex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cognex. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cognex position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cognex's important profitability drivers and their relationship over time.
Use Cognex in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognex will appreciate offsetting losses from the drop in the long position's value.Cognex Pair Trading
Cognex Pair Trading Analysis
The ability to find closely correlated positions to Cognex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognex to buy it.
The correlation of Cognex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cognex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Cognex position
In addition to having Cognex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Cognex Stock Analysis
When running Cognex's price analysis, check to measure Cognex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.