Cognex Corporation (NASDAQ:CGNX) was up 0.50% at $90.30 on Monday, in a 52-week range of $38.71 to $97.99 and with a consensus analyst target price of $87.00. As for the mean price target, it implies downside of -3.17% from the $89.85 prior closing price. Cognex Corporation has a 7.72B market cap and its past year revenues were 559.50M. Going from the most negative analyst price target to above consensus is one thing. Now Cognex Corporation’s current price is $9.7 shy of the official highest sell-side analyst price target on Wall Street.
Cognex Corporation (NASDAQ:CGNX) has risen 41.94% since January and is down -5.78% for the past week. The share price of CGNX has increased by over 43.24% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.
A look at some of the inputs to technical analysis model shows how Cognex Corporation current price compares to its recent moving averages. Cognex Corporation is currently trading -2.62% below its 20-day and 31.02% versus the 200-day simple moving averages while 2.27% compared with its 50-day simple moving average. Additionally, Cognex Corporation (CGNX) stock price has gone down by -1.04% over the last 20 trading days, and its price is -7.85% below the 52-week high.
For a total return analysis, there is the 14.70% return on equity and the 19.00% return on assets to consider. According to the past 12 months report, the income was almost $180.60M and sales remained $559.50M. Its price to sales ratio of 13.91 ranks higher than the industry’s 4.49. Its price/book multiple of 7.70 compared with the 2.99 while its free cash flow yield of 39.76 should be matched with that of its industry’s 22.54.
The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 2.62. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.
Splunk Inc. (NASDAQ:SPLK) shares were last seen up 0.48% at $58.09, which is 25.57% higher than the previous trading session. The 52-week range is $50.60 to $69.23 and the consensus target price is $72.59. The company has a market cap of $8.05B and its 12 month revenue was almost $1.01B. The stock has been downbeat for quite some time as is down -13.79% for the last 20 trading days, and now the firm’s performance is turning out to be bearish with a -7.60% fall for the week. It has gain by over 3.16% in the last twelve months.
Going from the most bullish analyst price target to below consensus is one thing. Now Splunk Inc. $72.59 target price is just $20.41 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bullish about the stock with overall sell-side analysts calling it a not a Buy. Their price objective ranges between $60.00 and $93.00.
For a profitability analysis, there is the 79.20% gross margin and the -35.20% net margin to consider. According to the past 5 years report, the company on average reported -37.90% year-over-year EPS growth and sales growth was recorded at 51.00%. Its forward price to earnings ratio ranks lower than the industry’s 48.93. Its quick ratio was 2.00 while current ratio was noted as 2.00 in the most recent quarter.