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 $9.51, down 3.55% from the previous day, and has increased 0.11% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.06 percentage points. Cognyte Software stock is currently +24.48% from its 52-week low of $7.64, and -18.4% from its 52-week high of $11.66.
There are currently 73.04M shares of CGNT outstanding. The market cap of CGNT is $694.59M. In the last 24 hours, 283,000 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.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
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.
How to Start a New Investment Account on eToro
- 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.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
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 3.4x, relative to Software - Infrastructure industry P/B ratio of 10x
You can do additional valuation analysis on CGNT's stock here.
CGNT Financial Overview
Positive Financial Indicators:
- CGNT profit margin has gone up from -4% to -1.4% 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 $39.05M allows it to safely service it's debt of $37.22M.
- CGNT earnings of $2.35M is not enough to cover its interest payments.
Negative Financial Indicators:
- CGNT has a relatively high debt to equity ratio of 1.41.
Do Wall Street analysts think it's a good time to buy Cognyte Software stock
Out of 1 sell side analysts who give forecasts on CGNT, the consensus analyst rating on CGNT is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Cognyte Software stock forecast page.
CGNT Technicals
How is CGNT performing as a company?
Last year, CGNT revenue was $388.30M. In the past five year, CGNT's revenue has grown by -2.84% per year. This was slower than the Software - Infrastructure industry average of 17.47%.
Learn more about CGNT's earnings and revenue performance here.
Latest Insiders Trades at CGNT
Over the past 12 months, insiders at CGNT have not bought or sold any shares.
Dig into more about who owns CGNT stock here.
Does CGNT stock generate passive income?
No, Cognyte Software doesn't provide an income stream by paying out dividends.
What do other investors have to say about CGNT?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your CGNT buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you require more help with buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in CGNT
Now that you own some CGNT stock, you'll want to stay up-to-date on your company.
Start 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 for buying 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 require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Cognyte Software, get started below.
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