CGNX
Price
$24.40
Change
+$0.45 (+1.88%)
Updated
Apr 14, 04:59 PM (EDT)
Capitalization
7.17B
15 days until earnings call
NOVT
Price
$114.51
Change
+$2.12 (+1.89%)
Updated
Apr 14, 04:59 PM (EDT)
Capitalization
6.26B
21 days until earnings call
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CGNX vs NOVT

Header iconCGNX vs NOVT Comparison
Open Charts CGNX vs NOVTBanner chart's image
Cognex
Price$24.40
Change+$0.45 (+1.88%)
Volume$244.85K
Capitalization7.17B
Novanta
Price$114.51
Change+$2.12 (+1.89%)
Volume$10.49K
Capitalization6.26B
CGNX vs NOVT Comparison Chart
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CGNX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
NOVT
Daily Signalchanged days ago
Gain/Loss if bought
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VS
CGNX vs. NOVT commentary
Apr 15, 2025

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 NOVT is a Hold.

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COMPARISON
Comparison
Apr 15, 2025
Stock price -- (CGNX: $23.95 vs. NOVT: $112.39)
Brand notoriety: CGNX and NOVT are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: CGNX: 289% vs. NOVT: 128%
Market capitalization -- CGNX: $7.17B vs. NOVT: $6.26B
CGNX [@Electronic Equipment/Instruments] is valued at $7.17B. NOVT’s [@Electronic Equipment/Instruments] market capitalization is $6.26B. 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 $5.99B.

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 whileNOVT’s FA Score has 0 green FA rating(s).

  • CGNX’s FA Score: 1 green, 4 red.
  • NOVT’s FA Score: 0 green, 5 red.
According to our system of comparison, CGNX is a better buy in the long-term than NOVT.

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 NOVT’s TA Score has 4 bullish TA indicator(s).

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

Price Growth

CGNX (@Electronic Equipment/Instruments) experienced а -4.01% price change this week, while NOVT (@Electronic Equipment/Instruments) price change was +7.94% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was +2.33%. For the same industry, the average monthly price growth was -10.63%, and the average quarterly price growth was +0.18%.

Reported Earning Dates

CGNX is expected to report earnings on Jul 30, 2025.

NOVT is expected to report earnings on Aug 12, 2025.

Industries' Descriptions

@Electronic Equipment/Instruments (+2.33% 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
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FUNDAMENTALS
Fundamentals
CGNX($7.17B) has a higher market cap than NOVT($6.27B). NOVT has higher P/E ratio than CGNX: NOVT (85.22) vs CGNX (64.23). NOVT YTD gains are higher at: -26.432 vs. CGNX (-33.051). NOVT has higher annual earnings (EBITDA): 170M vs. CGNX (145M). CGNX has more cash in the bank: 332M vs. NOVT (105M). CGNX has less debt than NOVT: CGNX (78.6M) vs NOVT (405M). NOVT has higher revenues than CGNX: NOVT (882M) vs CGNX (838M).
CGNXNOVTCGNX / NOVT
Capitalization7.17B6.27B115%
EBITDA145M170M85%
Gain YTD-33.051-26.432125%
P/E Ratio64.2385.2275%
Revenue838M882M95%
Total Cash332M105M316%
Total Debt78.6M405M19%
FUNDAMENTALS RATINGS
CGNX vs NOVT: Fundamental Ratings
CGNX
NOVT
OUTLOOK RATING
1..100
5050
VALUATION
overvalued / fair valued / undervalued
1..100
27
Undervalued
94
Overvalued
PROFIT vs RISK RATING
1..100
10067
SMR RATING
1..100
7973
PRICE GROWTH RATING
1..100
9085
P/E GROWTH RATING
1..100
8569
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 (27) in the Electronic Production Equipment industry is significantly better than the same rating for NOVT (94) in the Electronic Equipment Or Instruments industry. This means that CGNX’s stock grew significantly faster than NOVT’s over the last 12 months.

NOVT's Profit vs Risk Rating (67) in the Electronic Equipment Or Instruments industry is somewhat better than the same rating for CGNX (100) in the Electronic Production Equipment industry. This means that NOVT’s stock grew somewhat faster than CGNX’s over the last 12 months.

NOVT's SMR Rating (73) in the Electronic Equipment Or Instruments industry is in the same range as CGNX (79) in the Electronic Production Equipment industry. This means that NOVT’s stock grew similarly to CGNX’s over the last 12 months.

NOVT's Price Growth Rating (85) in the Electronic Equipment Or Instruments industry is in the same range as CGNX (90) in the Electronic Production Equipment industry. This means that NOVT’s stock grew similarly to CGNX’s over the last 12 months.

NOVT's P/E Growth Rating (69) in the Electronic Equipment Or Instruments industry is in the same range as CGNX (85) in the Electronic Production Equipment industry. This means that NOVT’s stock grew similarly to CGNX’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CGNXNOVT
RSI
ODDS (%)
Bullish Trend 4 days ago
56%
Bullish Trend 4 days ago
74%
Stochastic
ODDS (%)
Bullish Trend 4 days ago
73%
Bullish Trend 4 days ago
73%
Momentum
ODDS (%)
Bearish Trend 4 days ago
70%
Bearish Trend 4 days ago
68%
MACD
ODDS (%)
Bearish Trend 4 days ago
77%
Bearish Trend 4 days ago
69%
TrendWeek
ODDS (%)
Bearish Trend 4 days ago
64%
Bullish Trend 4 days ago
67%
TrendMonth
ODDS (%)
Bearish Trend 4 days ago
61%
Bearish Trend 4 days ago
61%
Advances
ODDS (%)
Bullish Trend 29 days ago
65%
Bullish Trend 29 days ago
67%
Declines
ODDS (%)
Bearish Trend 7 days ago
66%
Bearish Trend 11 days ago
65%
BollingerBands
ODDS (%)
Bullish Trend 4 days ago
76%
Bullish Trend 4 days ago
62%
Aroon
ODDS (%)
Bearish Trend 4 days ago
74%
Bearish Trend 4 days ago
63%
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CGNX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
NOVT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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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 64% 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%
+2.13%
MKSI - CGNX
64%
Loosely correlated
+2.01%
NOVT - CGNX
64%
Loosely correlated
+1.25%
VNT - CGNX
61%
Loosely correlated
+0.71%
ST - CGNX
59%
Loosely correlated
+0.67%
TRMB - CGNX
55%
Loosely correlated
+0.31%
More

NOVT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOVT has been loosely correlated with CGNX. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if NOVT jumps, then CGNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
+1.25%
CGNX - NOVT
64%
Loosely correlated
+2.13%
TRMB - NOVT
60%
Loosely correlated
+0.31%
KEYS - NOVT
58%
Loosely correlated
+0.13%
ITRI - NOVT
56%
Loosely correlated
+3.89%
COHR - NOVT
52%
Loosely correlated
-0.43%
More