How to Buy Cognyte Software Stock
Cognyte Software Ltd
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide.
Cognyte Software stock last closed at $9.18, down 3.42% from the previous day, and has increased 38.25% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.91 percentage points. Cognyte Software stock is currently +47.83% from its 52-week low of $6.21, and -17.45% from its 52-week high of $11.12.
There are currently 72.06M shares of CGNT outstanding. The market cap of CGNT is $661.49M. In the last 24 hours, 261,246 CGNT shares were traded.
How to Buy Cognyte Software Stock
Wondering how to invest in Cognyte Software stock? Here's how.
- Decide where to buy Cognyte Software stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Cognyte Software stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your details.
- Research Cognyte Software stock: The Cognyte Software ticker symbol is CGNT. Is Cognyte Software stock a good investment? Should you buy shares of CGNT? How do CGNT's underlying business fundamentals look? Do top analysts think Cognyte Software is a good buy? Why has CGNT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CGNT is a good stock to buy).
- Place your CGNT buy order: Decide if you will purchase CGNT shares at the current market price or use a limit order to buy CGNT stock at a given price.
- Get notifications regarding your investment in CGNT: Create a watchlist to track your position in Cognyte Software shares.
Step 1: Decide where to buy Cognyte Software stock
You need an online brokerage account to access the NASDAQ market and buy CGNT shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy CGNT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
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Step 3: Deposit money your brokerage account
Now that you've finished signing up on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring funds into your investment account.
Step 4: Research Cognyte Software stock
After you have identified the best place to buy Cognyte Software stock, it's very important to evaluate their stock prior to investing, so you actually understand the risk as well as the opportunity.
Cognyte Software shares at a glance
Cognyte Software Fundamentals
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can see all of the due diligence checks on CGNT's stock page.
What is the fair value of CGNT stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CGNT's fair value.
Using relative valuations ratios:
- CGNT may be undervalued based on its P/B ratio of 3.34x, relative to Software - Infrastructure industry P/B ratio of 9.29x
You can do additional valuation analysis on CGNT's stock here.
CGNT Financial Overview
Positive Financial Indicators:
- CGNT profit margin has gone up from -5% to -3.4% in the past year.
- There are more short-term assets than long-term liabilities on the CGNT balance sheet.
- There are more short-term assets than short-term liabilities on the CGNT balance sheet.
- CGNT's operating cash flow of $46.78M allows it to safely service it's debt of $29.81M.
Negative Financial Indicators:
- CGNT earnings of -$9.09M is not enough to cover its interest payments.
- Total CGNT debt is higher than 5 years ago, relative to shareholder equity.
- CGNT has a relatively high debt to equity ratio of 1.42.
You can dive deeper into what analysts are saying on the Cognyte Software stock forecast page.
CGNT Technical Indicators
CGNT Revenue
Last year, CGNT revenue was $350.63M. Over the last 5 year, CGNT's revenue has increased by -5.17% per year. This was slower than the Software - Infrastructure industry average of 17.42%.
Dig into CGNT's earnings and revenue performance here.
What are CGNT executives and large shareholders up to?
In the last 12 months, insiders at CGNT have bought more shares than they have sold.
Topline Capital Management LLC, was the latest CGNT insider to buy. They bought $2,621,052.00 worth of CGNT stock on Sep 12, 2024.
Get more info about who owns CGNT shares here.
Can I rely on CGNT as an income stream?
No, Cognyte Software doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Place your CGNT buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in CGNT
Now that you own some shares in CGNT, you'll want to keep up with your new stock purchase.
Put CGNT on a watchlist to keep track of your CGNT stock.
CGNT Feed
How to Buy Stock in Cognyte Software
To summarize, here are the 6 steps to buy Cognyte Software stock:
- Decide where to buy Cognyte Software stock
- Open a brokerage account
- Deposit money your brokerage account
- Research Cognyte Software stock
- Place your CGNT buy order
- Get notifications regarding your investment in CGNT
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Cognyte Software, create a watchlist on WallStreetZen today.
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