Cognyte Software Stock Today
| CGNT Stock | USD 7.28 0.28 4.00% |
Performance1 of 100
| Odds Of DistressLess than 6
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Cognyte Software is selling for under 7.28 as of the 6th of May 2024; that is 4.00 percent up since the beginning of the trading day. The stock's last reported lowest price was 7.03. Cognyte Software has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Note, on April 20, 2018, Senator Tina Smith of US Senate acquired $15k to $50k worth of Cognyte Software's common stock.
Business Domain Software & Services | IPO Date 15th of December 1992 | Category Technology | Classification Information Technology |
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. The company was incorporated in 2020 and is headquartered in Herzliya, Israel. Cognyte Software operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 71.02 M outstanding shares of which 475.88 K shares are currently shorted by private and institutional investors with about 1.16 trading days to cover. More on Cognyte Software
Follow Valuation Options Odds of Bankruptcy
Financial Report 20th of June 2024
Cognyte Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cognyte Software's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cognyte Software or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Cognyte Software report their recommendations after researching Cognyte Software's financial statements, talking to executives and customers, or listening in on Cognyte Software's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cognyte Software. The Cognyte consensus assessment is calculated by taking the average forecast from all of the analysts covering Cognyte Software. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Cognyte Software's historical financial statements, Cognyte Software may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Cognyte Software is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Cognyte Software's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cognyte Software's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cognyte Software's financial leverage. It provides some insight into what part of Cognyte Software's total assets is financed by creditors.
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Cognyte Software (CGNT) is traded on NASDAQ Exchange in USA. It is located in 33 Maskit, Herzliya, Israel, 4673333 and employs 1,613 people. Cognyte Software is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 517.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cognyte Software's market, we take the total number of its shares issued and multiply it by Cognyte Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cognyte Software conducts business under Software sector and is part of Information Technology industry. The entity has 71.02 M outstanding shares of which 475.88 K shares are currently shorted by private and institutional investors with about 1.16 trading days to cover.
Cognyte Software currently holds about 50.27 M in cash with 34.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74.
Check Cognyte Software Probability Of Bankruptcy
Ownership AllocationCognyte Software retains a total of 71.02 Million outstanding shares. The majority of Cognyte Software outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cognyte Software to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cognyte Software. Please pay attention to any change in the institutional holdings of Cognyte Software as this could imply that something significant has changed or is about to change at the company. Please note that on April 20, 2018, Senator Tina Smith of US Senate acquired $15k to $50k worth of Cognyte Software's common stock.
Check Cognyte Ownership Details
Cognyte Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Cognyte Software jumping above the current price in 90 days from now is about 58.25%. The Cognyte Software probability density function shows the probability of Cognyte Software stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.75 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cognyte Software will likely underperform. Additionally, cognyte Software has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Cognyte Software to move above the current price in 90 days from now is about 58.25 (This Cognyte Software probability density function shows the probability of Cognyte Stock to fall within a particular range of prices over 90 days) .
Cognyte Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Cognyte Software that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cognyte Software's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cognyte Software's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 627.5 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 574.8 K | |
| Renaissance Technologies Corp | 2023-12-31 | 537.5 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 432.9 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 371.7 K | |
| Ark Investment Management Llc | 2024-03-31 | 365.4 K | |
| Analyst Ims Investment Management Services Ltd. | 2023-12-31 | 351.5 K | |
| Millennium Management Llc | 2023-12-31 | 343.7 K | |
| Essex Investment Management Company, Llc | 2023-12-31 | 334.2 K | |
| Edenbrook Capital Llc | 2023-12-31 | 6.1 M | |
| Neuberger Berman Group Llc | 2023-12-31 | 5 M |
Cognyte Software Historical Income Statement
Cognyte Software Income Statement is one of the three primary financial statements used for reporting Cognyte's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cognyte Software revenue and expense. Cognyte Software Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cognyte Software's Depreciation And Amortization is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 243.6 M in 2024, whereas Gross Profit is likely to drop slightly above 204.3 M in 2024. View More FundamentalsCognyte Stock Against Markets
Picking the right benchmark for Cognyte Software stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cognyte Software stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cognyte Software is critical whether you are bullish or bearish towards Cognyte Software at a given time. Please also check how Cognyte Software's historical prices are related to one of the top price index indicators.
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Cognyte Software Corporate Management
Elected by the shareholders, the Cognyte Software's board of directors comprises two types of representatives: Cognyte Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cognyte. The board's role is to monitor Cognyte Software's management team and ensure that shareholders' interests are well served. Cognyte Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cognyte Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rini Karlin | Chief Officer | Profile | |
| Dean Ridlon | Head Relations | Profile | |
| Efi Nuri | Chief Officer | Profile | |
| Miki Migdal | Chief Officer | Profile | |
| Gil Cohen | Chief Officer | Profile | |
| Sharon Chouli | Chief Officer | Profile | |
| Amir Barel | Chief Officer | Profile |
How to buy Cognyte Stock?
Before investing in Cognyte Software, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cognyte Software. To buy Cognyte Software stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cognyte Software. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cognyte Software stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cognyte Software stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cognyte Software stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cognyte Software, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cognyte Stock please use our How to Invest in Cognyte Software guide.
Already Invested in Cognyte Software?
The danger of trading Cognyte Software is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cognyte Software is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cognyte Software. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cognyte Software is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cognyte Software is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cognyte Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cognyte Software Stock. Highlighted below are key reports to facilitate an investment decision about Cognyte Software Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognyte Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Cognyte Stock please use our How to Invest in Cognyte Software guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Cognyte Stock analysis
When running Cognyte Software's price analysis, check to measure Cognyte Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognyte Software is operating at the current time. Most of Cognyte Software's value examination focuses on studying past and present price action to predict the probability of Cognyte Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognyte Software's price. Additionally, you may evaluate how the addition of Cognyte Software to your portfolios can decrease your overall portfolio volatility.
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Is Cognyte Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognyte Software. If investors know Cognyte will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognyte Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.75) | Earnings Share (0.22) | Revenue Per Share 4.472 | Quarterly Revenue Growth 0.142 | Return On Assets (0.02) |
The market value of Cognyte Software is measured differently than its book value, which is the value of Cognyte that is recorded on the company's balance sheet. Investors also form their own opinion of Cognyte Software's value that differs from its market value or its book value, called intrinsic value, which is Cognyte Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognyte Software's market value can be influenced by many factors that don't directly affect Cognyte Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognyte Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognyte Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognyte Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.