We Analyzed the Future Direction of Cognyte Software Ltd. (CGNT), Here is What We Found – News Heater
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We Analyzed the Future Direction of Cognyte Software Ltd. (CGNT), Here is What We Found

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Cognyte Software Ltd. (NASDAQ:CGNT) went up by 3.11% from its latest closing price compared to the recent 1-year high of $38.00. The company’s stock price has collected 8.40% of gains in the last five trading sessions. Press Release reported on 09/20/21 that Cognyte Announces Second Quarter Results

Is It Worth Investing in Cognyte Software Ltd. (NASDAQ :CGNT) Right Now?

Cognyte Software Ltd. (NASDAQ:CGNT) scored a price-to-earnings ratio above its average ratio, recording 198.07 x from its present earnings ratio. Opinions of the stock are interesting as 5 analysts out of 5 who provided ratings for Cognyte Software Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $37.50. CGNT currently public float of 66.03M and currently shorts hold a 0.67% ratio of that float. Today, the average trading volume of CGNT was 538.82K shares.

CGNT’s Market Performance

CGNT stocks went up by 8.40% for the week, with a monthly drop of -17.71% and a quarterly performance of -8.06%. The volatility ratio for the week stands at 4.29% while the volatility levels for the past 30 days are set at 4.82% for Cognyte Software Ltd.. The simple moving average for the period of the last 20 days is 0.60% for CGNT stocks with a simple moving average of -13.42% for the last 200 days.

Analysts’ Opinion of CGNT

Evercore ISI, on the other hand, stated in their research note that they expect to see CGNT reach a price target of $40. The rating they have provided for CGNT stocks is “Outperform” according to the report published on March 05th, 2021.

Stifel gave a rating of “Buy” to CGNT, setting the target price at $42 in the report published on February 18th of the current year.

CGNT Trading at -10.88% from the 50-Day Moving Average

After a stumble in the market that brought CGNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.58% of loss for the given period.

Volatility was left at 4.82%, however, over the last 30 days, the volatility rate increased by 4.29%, as shares sank -18.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.19% lower at present.

During the last 5 trading sessions, CGNT rose by +8.40%, in comparison to the 20-day moving average, which settled at $22.19. In addition, Cognyte Software Ltd. saw -24.73% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CGNT

Current profitability levels for the company are sitting at:

  • +4.12 for the present operating margin
  • +65.22 for the gross margin

The net margin for Cognyte Software Ltd. stands at +3.20. The total capital return value is set at 4.38, while invested capital returns managed to touch 3.77.

Based on Cognyte Software Ltd. (CGNT), the company’s capital structure generated 27.10 points at debt to equity in total, while total debt to capital is 21.32. Total debt to assets is 11.10, with long-term debt to equity ratio resting at 9.37. Finally, the long-term debt to capital ratio is 7.37.

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When we switch over and look at the enterprise to sales, we see a ratio of 4.39, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 2.17 and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.

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