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NASDAQ:CGNT

Cognyte Software (CGNT) Stock Price, News & Analysis

Cognyte Software logo
$8.60 -0.17 (-1.94%)
(As of 05:26 PM ET)

About Cognyte Software Stock (NASDAQ:CGNT)

Key Stats

Today's Range
$8.55
$8.70
50-Day Range
$6.45
$9.50
52-Week Range
$5.44
$9.59
Volume
195,107 shs
Average Volume
307,365 shs
Market Capitalization
$618.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.25
Consensus Rating
Hold

Company Overview

Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. Its Actionable Intelligence for a Safer World, an open software designed to help governments and enterprises accelerate and enhance the effectiveness of investigations. The company offers network intelligence analytics, threat intelligence analytics, decision intelligence analytics, and operational intelligence analytics solutions. Its solutions are designed to support various use cases and support a range of users, including data analysts, investigation managers, and security operations center operators, as well as operational field teams. In addition, the company provides customer support, professional, and integration services. Its government customers include national, regional, and local government agencies. Cognyte Software Ltd. was incorporated in 2020 and is headquartered in Herzliya, Israel.

Cognyte Software Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
74th Percentile Overall Score

CGNT MarketRank™: 

Cognyte Software scored higher than 74% of companies evaluated by MarketBeat, and ranked 243rd out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cognyte Software has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cognyte Software has only been the subject of 1 research reports in the past 90 days.

  • Read more about Cognyte Software's stock forecast and price target.
  • Earnings Growth

    Earnings for Cognyte Software are expected to grow in the coming year, from ($0.28) to ($0.24) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cognyte Software is -45.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cognyte Software is -45.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cognyte Software has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.66% of the float of Cognyte Software has been sold short.
  • Short Interest Ratio / Days to Cover

    Cognyte Software has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cognyte Software has recently decreased by 30.71%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Cognyte Software does not currently pay a dividend.

  • Dividend Growth

    Cognyte Software does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.66% of the float of Cognyte Software has been sold short.
  • Short Interest Ratio / Days to Cover

    Cognyte Software has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cognyte Software has recently decreased by 30.71%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Cognyte Software has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Cognyte Software this week, compared to 2 articles on an average week.
  • Search Interest

    13 people have searched for CGNT on MarketBeat in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Cognyte Software to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cognyte Software insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    62.70% of the stock of Cognyte Software is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    72.92% of the stock of Cognyte Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cognyte Software's insider trading history.
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CGNT Stock News Headlines

Cognyte Software Ltd Share Price (CGNT.US)
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Cognyte Reports Third Quarter Fiscal 2025 Financial Results
See More Headlines

CGNT Stock Analysis - Frequently Asked Questions

Cognyte Software's stock was trading at $6.43 on January 1st, 2024. Since then, CGNT shares have increased by 33.7% and is now trading at $8.60.
View the best growth stocks for 2024 here
.

Cognyte Software Ltd. (NASDAQ:CGNT) issued its quarterly earnings data on Tuesday, September, 10th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.07. The company's revenue was up 9.5% compared to the same quarter last year.

Cognyte Software's Board of Directors approved a stock buyback program on Tuesday, November 12th 2024, which permits the company to buy back $20,000,000 in shares, according to EventVestor. This means that the company could purchase up to 3.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Shares of CGNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cognyte Software investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF) and Adobe (ADBE).

Company Calendar

Last Earnings
9/10/2024
Today
12/30/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:CGNT
Previous Symbol
NASDAQ:CGNT
Fax
N/A
Employees
1,613
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.25
High Stock Price Target
$9.00
Low Stock Price Target
$7.50
Potential Upside/Downside
-4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-15,570,000.00
Pretax Margin
-1.44%

Debt

Sales & Book Value

Annual Sales
$339.82 million
Book Value
$3.12 per share

Miscellaneous

Free Float
26,816,000
Market Cap
$618.29 million
Optionable
Optionable
Beta
1.81
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This page (NASDAQ:CGNT) was last updated on 12/30/2024 by MarketBeat.com Staff
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