Cognex (Nasdaq: CGNX ) is expected to report Q4 earnings on Feb. 11. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cognex's revenues will wane -5.4% and EPS will wither -5.0%.
The average estimate for revenue is $79.5 million. On the bottom line, the average EPS estimate is $0.38.
Last quarter, Cognex chalked up revenue of $80.1 million. GAAP reported sales were 0.0% lower than the prior-year quarter's $80.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.43. GAAP EPS of $0.41 for Q3 were 2.4% lower than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 75.6%, 70 basis points worse than the prior-year quarter. Operating margin was 27.2%, 80 basis points worse than the prior-year quarter. Net margin was 22.2%, 30 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $321.6 million. The average EPS estimate is $1.64.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 275 members out of 304 rating the stock outperform, and 29 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Cognex a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cognex is hold, with an average price target of $37.50.
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