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Cognizant Technology Solutions (CTSH)
NASDAQ:CTSH
Cognizant (CTSH) Stock Price & Analysis
1,798 Followers
CTSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.23 - $79.75
Previous Close$64.26
Volume2.58M
Average Volume (3M)4.17M
Market Cap
$31.95B
Enterprise Value$30.63B
Total Cash (Recent Filing)$2.63B
Total Debt (Recent Filing)$1.31B
Price to Earnings (P/E)15.4
Beta1.08
Next Earnings
Jul 24, 2024EPS Estimate
$1.11Last Dividend Ex-Date
May 17, 2024Dividend Yield1.84%
Share Statistics
EPS (TTM)4.16
Shares Outstanding497,198,868
10 Day Avg. Volume3,230,304
30 Day Avg. Volume4,173,998
Standard Deviation0.08
R-Squared0.47
Alpha-0.00734
Financial Highlights & Ratios
Price to Book (P/B)5.70
Price to Sales (P/S)1.65
Price to Cash Flow (P/CF)221.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit4.58
Enterprise Value/Ebitda8.91
Forecast
1Y Price Target
$76.57Price Target Upside19.16% Upside
Rating ConsensusHold
Number of Analyst Covering16
Cognizant News
PremiumCompany Announcements
Cognizant’s Strategic Acquisition of Propulsion Holdings and Belcan
Bulls Say, Bears Say
Bulls Say
AcquisitionCTSH is acquiring Belcan (engineering and R&D services company) for $1.3bn, which is a positive move for the company.
Market ExpansionThe acquisition of Belcan is expected to diversify CTSH's revenue base and expand the total addressable market to the ~$190 billion ER&D services market.
Revenue SynergiesCTSH forecasts $100M in revenue synergies within three years, coming from three sources: cross-selling CTSH’s services to Belcan clients, expanding Belcan’s presence in commercial aerospace, industrial, and manufacturing verticals, and cross-selling Belcan’s ER&D offerings to CTSH’s auto and manufacturing clients.
Bears Say
EarningsManagement anticipates ~40bps operating margin dilution due to amortization of intangibles and integration costs, thus dilutive to F24 adjusted EPS.
Financial PerformanceFree Cash Flow was relatively weak even excluding a significant tax-related payment.
Revenue GrowthAnalyst sees it hard for revenue growth to accelerate to mid single digits/high single digits in the near term, potentially limiting a higher valuation multiple.
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Ownership Overview
0.71% Insiders
31.42% Mutual Funds
47.06% Other Institutional Investors
20.80% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CTSH FAQ
What was Cognizant Technology Solutions’s price range in the past 12 months?
Cognizant Technology Solutions lowest stock price was $60.23 and its highest was $79.75 in the past 12 months.
What is Cognizant Technology Solutions’s market cap?
Currently, no data Available
When is Cognizant Technology Solutions’s upcoming earnings report date?
Cognizant Technology Solutions’s upcoming earnings report date is Jul 24, 2024 which is in 37 days.
How were Cognizant Technology Solutions’s earnings last quarter?
Cognizant Technology Solutions released its earnings results on May 01, 2024. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.109 by $0.011.
Is Cognizant Technology Solutions overvalued?
According to Wall Street analysts Cognizant Technology Solutions’s price is currently Undervalued.
Does Cognizant Technology Solutions pay dividends?
Cognizant Technology Solutions pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 1.84%. See more information on Cognizant Technology Solutions dividends here
What is Cognizant Technology Solutions’s EPS estimate?
Cognizant Technology Solutions’s EPS estimate is $1.11.
How many shares outstanding does Cognizant Technology Solutions have?
Cognizant Technology Solutions has 497,198,880 shares outstanding.
What happened to Cognizant Technology Solutions’s price movement after its last earnings report?
Cognizant Technology Solutions reported an EPS of $1.12 in its last earnings report, beating expectations of $1.109. Following the earnings report the stock price went up 1.383%.
Which hedge fund is a major shareholder of Cognizant Technology Solutions?
Among the largest hedge funds holding Cognizant Technology Solutions’s share is Dodge & Cox. It holds Cognizant Technology Solutions’s shares valued at 1B.
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Cognizant Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$76.57 (19.16% Upside)
$76.57 (19.16% Upside)
Blogger Sentiment
Bullish
CTSH Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 369.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.54%
12-Months-Change
Fundamentals
Return on Equity
16.00%
Trailing 12-Months
Asset Growth
1.44%
Trailing 12-Months
Company Description
Cognizant Technology Solutions
Incorporated in 1994 and based in New Jersey, Cognizant Technology Solutions Corp. is a professional services company, which provides information technology, consulting, and business process outsourcing services. It operates through four business segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology.
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CTSH Company Deck
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CTSH Earnings Call
Q1 2024
0:00 / 0:00
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CTSH Revenue Breakdown
30.02% Financial Services
29.32% Health Sciences
23.91% Products and Resources
16.75% Communications, Media and Technology
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CTSH Stock 12 Month Forecast
Average Price Target
$76.57
▲(19.16% Upside)
Technical Analysis
Best Analysts Covering CTSH
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+9.17%
reiterated a buy rating 4 months ago
Copying Moshe Katri's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +9.17% per trade.
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