Cognex Net Income vs Sale Purchase Of Stock Analysis

CGNX Stock  USD 36.04  0.90  2.44%   
Cognex financial indicator trend analysis is way more than just evaluating Cognex prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognex is a good investment. Please check the relationship between Cognex Net Income and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.

Net Income vs Sale Purchase Of Stock

Net Income vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognex Net Income account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Cognex's Net Income and Sale Purchase Of Stock is -0.79. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Cognex, assuming nothing else is changed. The correlation between historical values of Cognex's Net Income and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Cognex are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., Cognex's Net Income and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cognex financial statement analysis. It represents the amount of money remaining after all of Cognex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Sale Purchase Of Stock

Most indicators from Cognex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.At this time, Cognex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 12.9 B in 2024, despite the fact that Discontinued Operations is likely to grow to (218 K).
 2021 2022 2023 2024 (projected)
Gross Profit759.8M721.9M601.2M631.3M
Total Revenue1.0B1.0B837.5M879.4M

Cognex fundamental ratios Correlations

0.680.880.990.91-0.350.480.120.430.89-0.20.50.90.590.880.870.090.970.950.790.640.920.130.80.910.81
0.680.510.720.68-0.210.590.410.260.60.020.330.730.580.530.490.140.580.560.580.430.750.330.650.570.58
0.880.510.870.71-0.580.520.340.640.63-0.50.70.930.530.660.760.060.830.810.540.810.870.230.860.750.58
0.990.720.870.91-0.410.580.230.50.83-0.240.570.910.680.790.860.060.940.880.780.690.920.260.790.830.72
0.910.680.710.91-0.080.28-0.010.180.910.090.240.790.50.810.960.030.940.840.960.390.890.080.630.820.72
-0.35-0.21-0.58-0.41-0.08-0.75-0.76-0.990.110.9-0.98-0.44-0.4-0.02-0.090.09-0.21-0.190.13-0.9-0.37-0.67-0.59-0.130.04
0.480.590.520.580.28-0.750.760.750.12-0.630.810.530.750.130.180.190.290.260.10.830.410.640.570.210.1
0.120.410.340.23-0.01-0.760.760.74-0.28-0.720.740.320.44-0.24-0.050.16-0.05-0.08-0.130.690.250.690.4-0.13-0.29
0.430.260.640.50.18-0.990.750.74-0.01-0.880.990.510.440.10.19-0.090.310.27-0.020.930.450.660.640.210.03
0.890.60.630.830.910.110.12-0.28-0.010.230.060.720.390.950.840.080.920.930.870.210.79-0.220.560.930.91
-0.20.02-0.5-0.240.090.9-0.63-0.72-0.880.23-0.87-0.25-0.320.070.03-0.12-0.06-0.10.26-0.8-0.16-0.41-0.39-0.030.16
0.50.330.70.570.24-0.980.810.740.990.06-0.870.570.510.160.24-0.030.370.330.030.960.50.660.680.260.09
0.90.730.930.910.79-0.440.530.320.510.72-0.250.570.590.70.780.020.860.820.630.720.940.280.890.770.68
0.590.580.530.680.5-0.40.750.440.440.39-0.320.510.590.280.450.080.470.370.40.560.460.340.380.310.26
0.880.530.660.790.81-0.020.13-0.240.10.950.070.160.70.280.740.180.880.970.730.30.77-0.260.620.990.96
0.870.490.760.860.96-0.090.18-0.050.190.840.030.240.780.450.74-0.020.930.80.930.40.850.040.590.750.62
0.090.140.060.060.030.090.190.16-0.090.08-0.12-0.030.020.080.18-0.02-0.020.150.00.07-0.06-0.06-0.050.180.1
0.970.580.830.940.94-0.210.29-0.050.310.92-0.060.370.860.470.880.93-0.020.940.850.510.910.040.730.90.82
0.950.560.810.880.84-0.190.26-0.080.270.93-0.10.330.820.370.970.80.150.940.730.470.86-0.130.740.990.91
0.790.580.540.780.960.130.1-0.13-0.020.870.260.030.630.40.730.930.00.850.730.170.78-0.020.440.710.62
0.640.430.810.690.39-0.90.830.690.930.21-0.80.960.720.560.30.40.070.510.470.170.620.60.80.40.23
0.920.750.870.920.89-0.370.410.250.450.79-0.160.50.940.460.770.85-0.060.910.860.780.620.230.880.830.72
0.130.330.230.260.08-0.670.640.690.66-0.22-0.410.660.280.34-0.260.04-0.060.04-0.13-0.020.60.230.31-0.17-0.27
0.80.650.860.790.63-0.590.570.40.640.56-0.390.680.890.380.620.59-0.050.730.740.440.80.880.310.710.62
0.910.570.750.830.82-0.130.21-0.130.210.93-0.030.260.770.310.990.750.180.90.990.710.40.83-0.170.710.94
0.810.580.580.720.720.040.1-0.290.030.910.160.090.680.260.960.620.10.820.910.620.230.72-0.270.620.94
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Cognex Account Relationship Matchups

Cognex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B2.0B2.0B2.0B2.1B
Other Current Liab72.9M77.3M26.7M35.9M62.8M65.9M
Total Current Liabilities163.1M132.3M238.7M228.1M151.9M159.5M
Total Stockholder Equity1.4B1.3B1.4B1.4B1.5B1.6B
Property Plant And Equipment Net107.0M101.8M100.7M117.4M181.0M190.0M
Net Debt(827.4M)(242.8M)(881.8M)(806.0M)(124.1M)(130.3M)
Retained Earnings753.3M487.9M562.9M528.2M512.5M357.8M
Accounts Payable70.1M16.3M44.1M27.1M21.5M22.0M
Cash845.4M269.1M907.4M854.3M202.7M259.9M
Non Current Assets Total876.9M1.2B852.8M856.0M1.3B1.4B
Non Currrent Assets Other(396.0M)7.8M(503.8M)(377.8M)7.1M7.4M
Cash And Short Term Investments845.4M372.3M907.4M854.3M332.0M313.0M
Net Receivables103.4M131.3M134.3M127.6M116.6M122.4M
Common Stock Shares Outstanding175.3M176.6M179.9M174.9M173.4M186.3M
Liabilities And Stockholders Equity1.9B1.8B2.0B2.0B2.0B2.1B
Non Current Liabilities Total367.2M406.2M334.8M291.6M361.2M379.2M
Inventory60.3M60.8M113.1M122.5M162.3M170.4M
Other Current Assets272.1M37.2M68.7M67.5M68.1M63.7M
Other Stockholder Equity639.4M807.7M914.8M979.2M1.0B1.1B
Total Liab530.2M538.5M573.6M519.7M513.1M538.7M
Property Plant And Equipment Gross107.0M101.8M100.7M117.4M281.3M295.4M
Total Current Assets1.0B601.7M1.2B1.1B679.0M442.2M
Accumulated Other Comprehensive Income(37.3M)(33.8M)(47.9M)(69.3M)(45.3M)(43.1M)
Common Stock Total Equity342K345K352K351K396.8K416.6K
Short Term Investments240.5M103.2M137.5M218.8M129.4M172.6M
Common Stock342K345K352K351K343K191.9K
Other Liab397.4M388.1M367.2M300.7M345.9M363.1M
Other Assets455.4M860.2M425.8M413.9M476.0M499.8M
Intangible Assets39.5M15.6M11.9M12.4M113.0M118.6M
Property Plant Equipment89.4M79.2M77.5M79.7M91.7M50.6M
Current Deferred Revenue14.4M21.3M35.7M40.8M31.5M16.0M
Short Term Debt5.6M8.1M15.6M16.9M19.2M17.2M
Good Will243.4M244.1M241.7M242.6M393.2M412.8M
Net Tangible Assets1.1B1.0B1.2B1.2B1.4B912.3M
Retained Earnings Total Equity753.3M487.9M562.9M528.2M607.4M561.2M
Capital Surpluse639.4M807.7M914.8M979.2M1.1B1.2B
Deferred Long Term Liab332.3M315.0M293.8M250.0M287.5M301.8M
Long Term Investments433.5M395.1M583.7M454.1M244.2M364.7M
Non Current Liabilities Other77.4M91.3M91.2M82.1M299K284.1K

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