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 $6.90, up 0.58% from the previous day, and has increased 66.67% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.48 percentage points. Cognyte Software stock is currently +72.5% from its 52-week low of $4.00, and -19.11% from its 52-week high of $8.53.
There are currently 71M shares of CGNT outstanding. The market cap of CGNT is $489.88M. In the last 24 hours, 206,261 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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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
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 2.48x, relative to Software - Infrastructure industry P/B ratio of 11.33x
You can do additional valuation analysis on CGNT's stock here.
CGNT Financial Overview
Positive Financial Indicators:
- CGNT profit margin has gone up from -36.6% to -5% 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 $34.56M allows it to safely service it's debt of $27.95M.
Negative Financial Indicators:
- CGNT earnings of -$17.17M 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 1.3.
Do analysts think it's a good time to buy CGNT stock
Out of 2 Equities analysts who track CGNT, the consensus analyst rating on CGNT is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Cognyte Software stock forecast page.
CGNT Technical Indicators
How are CGNT Revenues/Earnings doing?
Last year, CGNT revenue was $313.40M. In the last 5 year, CGNT's revenue has grown by -6.28% per year. This was slower than the Software - Infrastructure industry average of 17.29%.
You can research CGNT's earnings and revenue performance here.
Who is buying/selling CGNT?
In the past 12 months, executives and large shareholders at CGNT have not bought or sold any shares.
Research more about who owns CGNT stock here.
Can I get consistent income from CGNT stock?
No, Cognyte Software doesn't provide an income stream by paying out dividends.
What others are saying about CGNT
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your CGNT buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Click the Open button and your broker will place the order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in CGNT
Now that you own some CGNT shares, you'll want to keep up with your investment.
Create a watchlist to track the most important metrics related to your CGNT stock.
CGNT Feed
How to Buy Stock in Cognyte Software
To reiterate, here are the 6 steps to buy stock in Cognyte Software:
- 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 brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Cognyte Software, create a watchlist on WallStreetZen today.
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