CGNX
Price
$37.70
Change
+$0.09 (+0.24%)
Updated
Nov 30, 6:59 PM EST
77 days until earnings call
FTV
Price
$68.97
Change
+$1.26 (+1.86%)
Updated
Nov 30, 6:59 PM EST
70 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$37.70
Change+$0.09 (+0.24%)
Volume$6.62M
CapitalizationN/A
Fortive
Price$68.97
Change+$1.26 (+1.86%)
Volume$850.45K
CapitalizationN/A
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CGNX vs FTV Comparison Chart

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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VS
CGNX vs. FTV commentary
Dec 01, 2023

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 Buy and FTV is a StrongBuy.

COMPARISON
Comparison
Dec 01, 2023
Stock price -- (CGNX: $37.70 vs. FTV: $68.97)
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: 531% vs. FTV: 40%
Market capitalization -- CGNX: $6.32B vs. FTV: $23.7B
CGNX [@Electronic Equipment/Instruments] is valued at $6.32B. FTV’s [@Electronic Equipment/Instruments] market capitalization is $23.7B. 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 $4.91B.

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 1 FA rating(s) are green whileFTV’s FA Score has 0 green FA rating(s).

  • CGNX’s FA Score: 1 green, 4 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, 3 bearish.
  • FTV’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, CGNX is a better buy in the short-term than FTV.

Price Growth

CGNX (@Electronic Equipment/Instruments) experienced а +2.39% price change this week, while FTV (@Electronic Equipment/Instruments) price change was +1.68% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was +4.34%. For the same industry, the average monthly price growth was +7.29%, and the average quarterly price growth was -10.17%.

Reported Earning Dates

CGNX is expected to report earnings on Feb 15, 2024.

FTV is expected to report earnings on Feb 08, 2024.

Industries' Descriptions

@Electronic Equipment/Instruments (+4.34% 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($23.7B) has a higher market cap than CGNX($6.33B). CGNX has higher P/E ratio than FTV: CGNX (40.49) vs FTV (28.99). FTV YTD gains are higher at: 7.801 vs. CGNX (-19.469). FTV has higher annual earnings (EBITDA): 1.56B vs. CGNX (189M). FTV has more cash in the bank: 714M vs. CGNX (513M). CGNX has less debt than FTV: CGNX (68.4M) vs FTV (2.73B). FTV has higher revenues than CGNX: FTV (6.01B) vs CGNX (880M).
CGNXFTVCGNX / FTV
Capitalization6.33B23.7B27%
EBITDA189M1.56B12%
Gain YTD-19.4697.801-250%
P/E Ratio40.4928.99140%
Revenue880M6.01B15%
Total Cash513M714M72%
Total Debt68.4M2.73B3%
FUNDAMENTALS RATINGS
CGNX vs FTV: Fundamental Ratings
CGNX
FTV
OUTLOOK RATING
1..100
1436
VALUATION
overvalued / fair valued / undervalued
1..100
33
Fair valued
40
Fair valued
PROFIT vs RISK RATING
1..100
10073
SMR RATING
1..100
6876
PRICE GROWTH RATING
1..100
6356
P/E GROWTH RATING
1..100
4867
SEASONALITY SCORE
1..100
n/an/a

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 (40) 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 (73) 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.

CGNX's SMR Rating (68) in the Electronic Production Equipment industry is in the same range as FTV (76) 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 Price Growth Rating (56) in the Electronic Equipment Or Instruments industry is in the same range as CGNX (63) in the Electronic Production Equipment industry. This means that FTV’s stock grew similarly to CGNX’s over the last 12 months.

CGNX's P/E Growth Rating (48) in the Electronic Production Equipment industry is in the same range as FTV (67) in the Electronic Equipment Or Instruments industry. This means that CGNX’s stock grew similarly to FTV’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CGNXFTV
RSI
ODDS (%)
Bullish Trend 1 day ago
82%
Bullish Trend 1 day ago
69%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
52%
Momentum
ODDS (%)
Bullish Trend 1 day ago
77%
Bullish Trend 1 day ago
60%
MACD
ODDS (%)
Bullish Trend 1 day ago
70%
Bullish Trend 1 day ago
69%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
74%
Bullish Trend 1 day ago
56%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
75%
Bullish Trend 1 day ago
54%
Advances
ODDS (%)
Bullish Trend 1 day ago
66%
Bullish Trend 1 day ago
50%
Declines
ODDS (%)
Bearish Trend 9 days ago
69%
Bearish Trend 4 days ago
52%
BollingerBands
ODDS (%)
N/A
Bearish Trend 1 day ago
57%
Aroon
ODDS (%)
Bearish Trend 1 day ago
77%
N/A
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
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CGNX and

Correlation & Price change

A.I.dvisor indicates that over the last year, CGNX has been loosely correlated with GRMN. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if CGNX jumps, then GRMN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CGNX
1D Price
Change %
CGNX100%
+0.24%
GRMN - CGNX
58%
Loosely correlated
+0.98%
MKSI - CGNX
58%
Loosely correlated
+0.50%
VNT - CGNX
52%
Loosely correlated
+0.72%
ITRI - CGNX
50%
Loosely correlated
+2.00%
TRMB - CGNX
49%
Loosely correlated
+1.05%
More