A new trading day began on Tuesday, with Cognyte Software Ltd (NASDAQ: CGNT) stock price up 8.36% from the previous day of trading, before settling in for the closing price of $8.97. CGNT’s price has ranged from $7.64 to $11.65 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 238.67%. With a float of $60.18 million, this company’s outstanding shares have now reached $72.97 million.
Cognyte Software Ltd (CGNT) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Cognyte Software Ltd is 16.37%, while institutional ownership is 67.00%. The most recent insider transaction that took place on May 12 ’25, was worth 69,374. Before that another transaction happened on Apr 16 ’25, when Company’s Director proposed sale 20,432 for $8.75, making the entire transaction worth $178,780.
Cognyte Software Ltd (CGNT) Performance Highlights and Predictions
In its latest quarterly report, released on 1/31/2025, the company reported earnings of 0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 238.67% per share during the next fiscal year.
Cognyte Software Ltd (NASDAQ: CGNT) Trading Performance Indicators
Here are Cognyte Software Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.86. Likewise, its price to free cash flow for the trailing twelve months is 54.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.34 in one year’s time.
Technical Analysis of Cognyte Software Ltd (CGNT)
The latest stats from [Cognyte Software Ltd, CGNT] show that its last 5-days average volume of 0.42 million was superior to 0.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.73%.
During the past 100 days, Cognyte Software Ltd’s (CGNT) raw stochastic average was set at 88.37%, which indicates a significant increase from 88.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.30 in the past 14 days, which was higher than the 0.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.38, while its 200-day Moving Average is $8.99. Now, the first resistance to watch is $10.10. This is followed by the second major resistance level at $10.49. The third major resistance level sits at $11.00. If the price goes on to break the first support level at $9.20, it is likely to go to the next support level at $8.69. Assuming the price breaks the second support level, the third support level stands at $8.30.
Cognyte Software Ltd (NASDAQ: CGNT) Key Stats
With a market capitalization of 699.42 million, the company has a total of 72,969K Shares Outstanding. Currently, annual sales are 350,630 K while annual income is -12,050 K. The company’s previous quarter sales were 97,510 K while its latest quarter income was 1,470 K.
