CGNX
Price
$43.36
Change
+$2.42 (+5.91%)
Updated
May 2, 6:59 PM EST
Earnings call today
FTV
Price
$76.07
Change
+$0.63 (+0.84%)
Updated
May 2, 6:59 PM EST
84 days until earnings call
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Analysis and predictions CGNX vs FTV

Header iconCGNX vs FTV Comparison
Open Charts CGNX vs FTVBanner chart's image
Cognex
Price$43.36
Change+$2.42 (+5.91%)
Volume$891.76K
CapitalizationN/A
Fortive
Price$76.07
Change+$0.63 (+0.84%)
Volume$507.52K
CapitalizationN/A
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CGNX vs FTV Comparison Chart

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CGNXDaily Signal changed days agoGain/Loss if shorted
 
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FTVDaily Signal changed days agoGain/Loss if shorted
 
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VS
CGNX vs. FTV commentary
May 03, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CGNX is a Hold and FTV is a Sell.

COMPARISON
Comparison
May 03, 2024
Stock price -- (CGNX: $40.93 vs. FTV: $75.44)
Brand notoriety: CGNX and FTV are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: CGNX: 122% vs. FTV: 118%
Market capitalization -- CGNX: $7.17B vs. FTV: $30.23B
CGNX [@Electronic Equipment/Instruments] is valued at $7.17B. FTV’s [@Electronic Equipment/Instruments] market capitalization is $30.23B. The market cap for tickers in the [@Electronic Equipment/Instruments] industry ranges from $109.85B to $0. The average market capitalization across the [@Electronic Equipment/Instruments] industry is $5.29B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CGNX’s FA Score shows that 2 FA rating(s) are green whileFTV’s FA Score has 0 green FA rating(s).

  • CGNX’s FA Score: 2 green, 3 red.
  • FTV’s FA Score: 0 green, 5 red.
According to our system of comparison, CGNX is a better buy in the long-term than FTV.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CGNX’s TA Score shows that 4 TA indicator(s) are bullish while FTV’s TA Score has 4 bullish TA indicator(s).

  • CGNX’s TA Score: 4 bullish, 5 bearish.
  • FTV’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, both CGNX and FTV are a bad buy in the short-term.

Price Growth

CGNX (@Electronic Equipment/Instruments) experienced а +3.54% price change this week, while FTV (@Electronic Equipment/Instruments) price change was -0.80% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was +4.74%. For the same industry, the average monthly price growth was -1.15%, and the average quarterly price growth was +56.85%.

Reported Earning Dates

CGNX is expected to report earnings on Aug 01, 2024.

FTV is expected to report earnings on Jul 25, 2024.

Industries' Descriptions

@Electronic Equipment/Instruments (+4.74% weekly)

This industry manufactures electronic products used in various critical and sophisticated technologies, including laser-based systems, circuit and continuity testers, electro-optical measuring instruments and high-speed precision weighing and inspection equipment. Some major companies operating in this business are Canon Inc., Keysight Technologies Inc., and Fortive Corp.

SUMMARIES
A.I.dvisor published
a Summary for CGNX with price predictions.
OPEN
A.I.dvisor published
a Summary for FTV with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
FTV($30.2B) has a higher market cap than CGNX($7.17B). CGNX has higher P/E ratio than FTV: CGNX (64.23) vs FTV (34.82). FTV YTD gains are higher at: 2.555 vs. CGNX (-1.750). FTV has higher annual earnings (EBITDA): 1.57B vs. CGNX (145M). FTV has more cash in the bank: 1.89B vs. CGNX (332M). CGNX has less debt than FTV: CGNX (78.6M) vs FTV (3.81B). FTV has higher revenues than CGNX: FTV (6.07B) vs CGNX (838M).
CGNXFTVCGNX / FTV
Capitalization7.17B30.2B24%
EBITDA145M1.57B9%
Gain YTD-1.7502.555-68%
P/E Ratio64.2334.82184%
Revenue838M6.07B14%
Total Cash332M1.89B18%
Total Debt78.6M3.81B2%
FUNDAMENTALS RATINGS
CGNX vs FTV: Fundamental Ratings
CGNX
FTV
OUTLOOK RATING
1..100
1458
VALUATION
overvalued / fair valued / undervalued
1..100
33
Fair valued
37
Fair valued
PROFIT vs RISK RATING
1..100
10080
SMR RATING
1..100
8076
PRICE GROWTH RATING
1..100
4956
P/E GROWTH RATING
1..100
1853
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CGNX's Valuation (33) in the Electronic Production Equipment industry is in the same range as FTV (37) in the Electronic Equipment Or Instruments industry. This means that CGNX’s stock grew similarly to FTV’s over the last 12 months.

FTV's Profit vs Risk Rating (80) in the Electronic Equipment Or Instruments industry is in the same range as CGNX (100) in the Electronic Production Equipment industry. This means that FTV’s stock grew similarly to CGNX’s over the last 12 months.

FTV's SMR Rating (76) in the Electronic Equipment Or Instruments industry is in the same range as CGNX (80) in the Electronic Production Equipment industry. This means that FTV’s stock grew similarly to CGNX’s over the last 12 months.

CGNX's Price Growth Rating (49) in the Electronic Production Equipment industry is in the same range as FTV (56) in the Electronic Equipment Or Instruments industry. This means that CGNX’s stock grew similarly to FTV’s over the last 12 months.

CGNX's P/E Growth Rating (18) in the Electronic Production Equipment industry is somewhat better than the same rating for FTV (53) in the Electronic Equipment Or Instruments industry. This means that CGNX’s stock grew somewhat faster than FTV’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CGNXFTV
RSI
ODDS (%)
N/A
Bullish Trend 2 days ago
63%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
63%
Bullish Trend 2 days ago
59%
Momentum
ODDS (%)
Bullish Trend 2 days ago
80%
Bearish Trend 2 days ago
49%
MACD
ODDS (%)
Bullish Trend 2 days ago
79%
N/A
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
73%
Bearish Trend 2 days ago
52%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
65%
Bearish Trend 2 days ago
54%
Advances
ODDS (%)
Bullish Trend 3 days ago
66%
Bullish Trend 10 days ago
50%
Declines
ODDS (%)
Bearish Trend 14 days ago
68%
Bearish Trend 14 days ago
51%
BollingerBands
ODDS (%)
Bearish Trend 4 days ago
63%
Bullish Trend 2 days ago
61%
Aroon
ODDS (%)
Bearish Trend 2 days ago
79%
Bearish Trend 2 days ago
61%
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CGNXDaily Signal changed days agoGain/Loss if shorted
 
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FTVDaily Signal changed days agoGain/Loss if shorted
 
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CGNX and

Correlation & Price change

A.I.dvisor indicates that over the last year, CGNX has been loosely correlated with MKSI. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if CGNX jumps, then MKSI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CGNX
1D Price
Change %
CGNX100%
-1.47%
MKSI - CGNX
60%
Loosely correlated
-3.25%
TRMB - CGNX
55%
Loosely correlated
-2.48%
VNT - CGNX
53%
Loosely correlated
-0.02%
ITRI - CGNX
50%
Loosely correlated
-0.63%
KEYS - CGNX
49%
Loosely correlated
-2.02%
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