Cognyte Software Stock Price To Earning
CGNT Stock | USD 7.95 0.13 1.66% |
Cognyte Software fundamentals help investors to digest information that contributes to Cognyte Software's financial success or failures. It also enables traders to predict the movement of Cognyte Stock. The fundamental analysis module provides a way to measure Cognyte Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cognyte Software stock.
Cognyte | Price To Earning |
Cognyte Software Company Price To Earning Analysis
Cognyte Software's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Cognyte Software Price To Earning | 105.36 X |
Most of Cognyte Software's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cognyte Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cognyte Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Cognyte Software is extremely important. It helps to project a fair market value of Cognyte Stock properly, considering its historical fundamentals such as Price To Earning. Since Cognyte Software's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cognyte Software's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cognyte Software's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Cognyte Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Cognyte Software has a Price To Earning of 105 times. This is 280.64% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The price to earning for all United States stocks is notably lower than that of the firm.
Cognyte Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cognyte Software's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cognyte Software could also be used in its relative valuation, which is a method of valuing Cognyte Software by comparing valuation metrics of similar companies.Cognyte Software is currently under evaluation in price to earning category among its peers.
Cognyte Software ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cognyte Software's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cognyte Software's managers, analysts, and investors.Environmental | Governance | Social |
Cognyte Fundamentals
Return On Equity | -8.0E-4 | ||||
Return On Asset | -0.0136 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | (0.01) % | ||||
Current Valuation | 499.98 M | ||||
Shares Outstanding | 71.89 M | ||||
Shares Owned By Insiders | 2.43 % | ||||
Shares Owned By Institutions | 80.15 % | ||||
Number Of Shares Shorted | 635.48 K | ||||
Price To Earning | 105.36 X | ||||
Price To Book | 2.86 X | ||||
Price To Sales | 1.70 X | ||||
Revenue | 313.4 M | ||||
Gross Profit | 192.75 M | ||||
EBITDA | 573 K | ||||
Net Income | (15.57 M) | ||||
Cash And Equivalents | 50.27 M | ||||
Cash Per Share | 0.74 X | ||||
Total Debt | 33.36 M | ||||
Debt To Equity | 0.13 % | ||||
Current Ratio | 1.27 X | ||||
Book Value Per Share | 2.74 X | ||||
Cash Flow From Operations | 34.56 M | ||||
Short Ratio | 2.88 X | ||||
Earnings Per Share | (0.06) X | ||||
Price To Earnings To Growth | 12.83 X | ||||
Target Price | 8.25 | ||||
Number Of Employees | 1.61 K | ||||
Beta | 1.71 | ||||
Market Capitalization | 562.22 M | ||||
Total Asset | 472.08 M | ||||
Retained Earnings | (144.59 M) | ||||
Working Capital | 74.51 M | ||||
Current Asset | 5.25 M | ||||
Current Liabilities | 1.46 M | ||||
Net Asset | 472.08 M |
About Cognyte Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cognyte Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cognyte Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cognyte Software based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Cognyte Stock Analysis
When running Cognyte Software's price analysis, check to measure Cognyte Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognyte Software is operating at the current time. Most of Cognyte Software's value examination focuses on studying past and present price action to predict the probability of Cognyte Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognyte Software's price. Additionally, you may evaluate how the addition of Cognyte Software to your portfolios can decrease your overall portfolio volatility.