Cognyte Software Ltd. (NASDAQ:CGNT) went down by -1.36% from its latest closing price compared to the recent 1-year high of $38.00. The company’s stock price has collected -4.10% of loss in the last five trading sessions. Press Release reported on 01/07/22 that Cognyte to Participate in the 24(th) Annual Needham Virtual Growth Conference
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 517.50 x from its present earnings ratio. Opinions of the stock are interesting as 5 analysts out of 6 who provided ratings for Cognyte Software Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $25.40, which is $9.91 above the current price. CGNT currently public float of 65.81M and currently shorts hold a 0.90% ratio of that float. Today, the average trading volume of CGNT was 678.92K shares.
CGNT’s Market Performance
CGNT stocks went down by -4.10% for the week, with a monthly drop of -28.02% and a quarterly performance of -33.84%. The volatility ratio for the week stands at 5.08% while the volatility levels for the past 30 days are set at 5.22% for Cognyte Software Ltd.. The simple moving average for the period of the last 20 days is -10.64% for CGNT stocks with a simple moving average of -37.80% for the last 200 days.
Analysts’ Opinion of CGNT
Many brokerage firms have already submitted their reports for CGNT stocks, with Wedbush repeating the rating for CGNT by listing it as a “Neutral.” The predicted price for CGNT in the upcoming period, according to Wedbush is $17 based on the research report published on December 22nd of the previous year 2021.
Evercore ISI gave a rating of “Outperform” to CGNT, setting the target price at $40 in the report published on March 05th of the previous year.
CGNT Trading at -23.91% 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 -61.87% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 5.08%, as shares sank -27.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.22% lower at present.
During the last 5 trading sessions, CGNT fell by -4.10%, which changed the moving average for the period of 200-days by -47.21% in comparison to the 20-day moving average, which settled at $15.95. In addition, Cognyte Software Ltd. saw -7.53% 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.
When we switch over and look at the enterprise to sales, we see a ratio of 2.00, 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.