Cognyte Stock Story

CGNT
 Stock
  

USD 5.11  0.01  0.20%   

Cognyte Software Depreciation Amortization and Accretion is comparatively stable at the moment as compared to the past year. Cognyte Software reported Depreciation Amortization and Accretion of 21.28 Million in 2021. Net Cash Flow or Change in Cash and Cash Equivalents is likely to gain to about 47 M in 2022, whereas Debt to Equity Ratio is likely to drop 1.27 in 2022. As many millenniums are excited about business services space, it is only fair to review Cognyte Software. What exactly are Cognyte Software shareholders getting in July? In this post, I will also go over a few different drivers affecting Cognyte Software's products and services, and explain how it may impact Cognyte Software private investors.
Published over a month ago
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Reasons Cognyte Software (NASDAQ:CGNT) can excite private investors

We provide trade advice to complement the prevailing expert consensus on Cognyte Software. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.

How important is Cognyte Software's Liquidity

Cognyte Software financial leverage refers to using borrowed capital as a funding source to finance Cognyte Software ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Cognyte Software financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Cognyte Software's total debt and its cash.

How does Cognyte utilize its cash?

To perform a cash flow analysis of Cognyte Software, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Cognyte Software is receiving and how much cash it distributes out in a given period. The Cognyte Software cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Cognyte Software Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Cognyte Software reported Net Cash Flow from Operations of 2.63 Million in 2021

What did Cognyte Software file with SEC?

The SEC filings are financial statements or other formal documents of Cognyte Software that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.
Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Cognyte shareholders may or may not be submitted as SEC does not always require it.
8th of August 2022
Unclassified Corporate Event
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29th of June 2022
Other Events
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Cognyte shareholders may or may not be submitted as SEC does not always require it.

Breaking it down a bit more

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Cognyte Software has an asset utilization ratio of 7900.44 percent. This implies that the company is making $79.0 for each dollar of assets. An increasing asset utilization means that Cognyte Software is more efficient with each dollar of assets it utilizes for everyday operations.
 2019 2020 2021 2022 (projected)
Current Assets512.2 M350.24 M420.06 M416.04 M
Total Assets805.11 M628.82 M664.61 M655.46 M

Time to exit Cognyte Software is now

The treynor ratio is down to -0.7 as of today. Cognyte Software exhibits very low volatility with skewness of -2.97 and kurtosis of 17.35. However, we advise investors to further study Cognyte Software technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cognyte Software's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cognyte Software's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Cognyte Software Implied Volatility

Cognyte Software's implied volatility exposes the market's sentiment of Cognyte Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cognyte Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cognyte Software stock will not fluctuate a lot when Cognyte Software's options are near their expiration.

Whereas many of the other players in the software—infrastructure industry are either recovering or due for a correction, Cognyte Software may not be performing as strong as the other in terms of long-term growth potentials. To sum up, as of the 27th of June 2022, we see that Cognyte Software almost mirrors the market. The firm is undervalued with very low probability of financial unrest within the next 24 months. Our overall 90 days advice on the firm is Hold.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Cognyte Software. Please refer to our Terms of Use for any information regarding our disclosure principles.

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