At the time of writing, Cognyte Software Ltd [CGNT] stock is trading at $9.66, down -1.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CGNT shares have gain 10.78% over the last week, with a monthly amount glided 1.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cognyte Software Ltd [NASDAQ: CGNT] stock has seen the most recent analyst activity on September 29, 2022, when Stifel downgraded its rating to a Hold and also revised its price target to $6 from $8. Previously, Evercore ISI downgraded its rating to In-line on June 29, 2022, and dropped its price target to $5. On June 28, 2022, downgrade downgraded it’s rating to Mkt Perform. Needham downgraded its rating to a Hold. Wedbush downgraded its rating to a Neutral but $17 remained the price target by the analyst firm on December 22, 2021. In a note dated March 05, 2021, Evercore ISI upgraded an Outperform rating on this stock but restated the target price of $40.
For the past year, the stock price of Cognyte Software Ltd fluctuated between $5.44 and $9.97. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Cognyte Software Ltd [NASDAQ: CGNT] shares were valued at $9.66 at the most recent close of the market. An investor can expect a potential drop of -22.36% based on the average CGNT price forecast.
Analyzing the CGNT fundamentals
According to Cognyte Software Ltd [NASDAQ:CGNT], the company’s sales were 330.21M for trailing twelve months, which represents an 9.55% jump. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.49 points at the first support level, and at 9.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.89, and for the 2nd resistance point, it is at 10.11.
Ratios To Look Out For
It is important to note that Cognyte Software Ltd [NASDAQ:CGNT] has a current ratio of 1.33. Further, the Quick Ratio stands at 1.21, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 2.10, the price to book ratio is 3.53.
Transactions by insiders
Recent insider trading involved Rotem Ilan, Officer, that happened on Jan 16 ’25 when 10000.0 shares were purchased. Officer, Barel Amir completed a deal on Jan 16 ’25 to buy 8334.0 shares. Meanwhile, Officer Barel Amir bought 9917.0 shares on Dec 13 ’24.
