Cognyte Stock Today

CGNT
 Stock
  

USD 4.04  0.21  4.94%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
Cognyte Software is selling for under 4.04 as of the 1st of October 2022; that is -4.94% down since the beginning of the trading day. The stock's last reported lowest price was 4.04. Cognyte Software has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Cognyte Software are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2022 and ending today, the 1st of October 2022. Click here to learn more.
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. The company was incorporated in 2020 and is headquartered in Herzliya, Israel. Cognyte Software operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 67.01 M outstanding shares of which 1.52 M shares are currently shorted by private and institutional investors with about 1.41 trading days to cover. More on Cognyte Software

Moving against Cognyte Software

-0.69JNJJohnson Johnson TrendingPairCorr
Follow Valuation Odds of Bankruptcy
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Cognyte Software Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cognyte Software's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cognyte Software or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cognyte Software generated a negative expected return over the last 90 days
Cognyte Software has high historical volatility and very poor performance
The company reported the previous year's revenue of 445.75 M. Net Loss for the year was (40.87 M) with profit before overhead, payroll, taxes, and interest of 342.32 M.
Cognyte Software currently holds about 106.32 M in cash with (19.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58.
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Insiders at Cognyte Software Ltd. must be relieved they sold stock as market valuation descends to US299m - Simply Wall St
Chairman of the BoardUri Geiger
Average Analyst Recommendation
Analysts covering Cognyte Software report their recommendations after researching Cognyte Software's financial statements, talking to executives and customers, or listening in on Cognyte Software's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cognyte Software. The Cognyte consensus assessment is calculated by taking the average forecast from all of the analysts covering Cognyte Software.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cognyte Software's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cognyte Software (CGNT) is traded on NASDAQ Exchange in USA and employs 2,002 people. The company currently falls under 'Small-Cap' category with current market capitalization of 270.72 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cognyte Software's market, we take the total number of its shares issued and multiply it by Cognyte Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Cognyte Software conducts business under null sector and is part of null industry. The entity has 67.01 M outstanding shares of which 1.52 M shares are currently shorted by private and institutional investors with about 1.41 trading days to cover. Cognyte Software currently holds about 106.32 M in cash with (19.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58.
Check Cognyte Software Probability Of Bankruptcy
Ownership
Cognyte Software holds a total of sixty-seven million ten thousand outstanding shares. The majority of Cognyte Software outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cognyte Software to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cognyte Software. Please pay attention to any change in the institutional holdings of Cognyte Software as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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Cognyte Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Cognyte Software jumping above the current price in 90 days from now is roughly 96.0%. The Cognyte Software probability density function shows the probability of Cognyte Software stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1413 suggesting Cognyte Software market returns are related to returns on the market. As the market goes up or down, Cognyte Software is expected to follow. Additionally, the company has an alpha of 0.0173, implying that it can generate a 0.0173 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 4.04HorizonTargetOdds Above 4.04
3.81%90 days
 4.04 
96.16%
Based on a normal probability distribution, the odds of Cognyte Software to move above the current price in 90 days from now is roughly 96.0 (This Cognyte Software probability density function shows the probability of Cognyte Stock to fall within a particular range of prices over 90 days) .

Cognyte Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cognyte Software that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cognyte Software's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cognyte Software's value.
InstituionSecurity TypeTotal SharesValue
Global Alpha Capital Management LtdCommon Shares6.1 M26.1 M
Senvest Management LlcCommon Shares4.3 M18.4 M
Parallax Volatility Advisers LpPut Options1.4 MM
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Cognyte Software Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cognyte Software market risk premium is the additional return an investor will receive from holding Cognyte Software long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cognyte Software. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cognyte Software's alpha and beta are two of the key measurements used to evaluate Cognyte Software's performance over the market, the standard measures of volatility play an important role as well.

Cognyte Stock Against Markets

Picking the right benchmark for Cognyte Software stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cognyte Software stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cognyte Software is critical whether you are bullish or bearish towards Cognyte Software at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cognyte Software without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cognyte Software Corporate Directors

Cognyte Software corporate directors refer to members of a Cognyte Software board of directors. The board of directors generally takes responsibility for the Cognyte Software's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cognyte Software's board members must vote for the resolution. The Cognyte Software board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Invested in Cognyte Software?

The danger of trading Cognyte Software is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cognyte Software is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cognyte Software. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cognyte Software is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Cognyte Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognyte Software. If investors know Cognyte will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognyte Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cognyte Software is measured differently than its book value, which is the value of Cognyte that is recorded on the company's balance sheet. Investors also form their own opinion of Cognyte Software's value that differs from its market value or its book value, called intrinsic value, which is Cognyte Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognyte Software's market value can be influenced by many factors that don't directly affect Cognyte Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognyte Software's value and its price as these two are different measures arrived at by different means. Investors typically determine Cognyte Software value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognyte Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.