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Cognizant Technology Solutions (CTSH)
NASDAQ:CTSH
Cognizant (CTSH) Stock Price & Analysis
1,763 Followers
CTSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.12 - $80.09
Previous Close$67.54
Volume1.36M
Average Volume (3M)4.44M
Market Cap
$33.62B
Enterprise Value$33.01B
Total Cash (Recent Filing)$2.10B
Total Debt (Recent Filing)$1.48B
Price to Earnings (P/E)16.0
Beta1.08
Next Earnings
May 01, 2024EPS Estimate
$1.11Last Dividend Ex-Date
Feb 16, 2024Dividend Yield1.72%
Share Statistics
EPS (TTM)4.21
Shares Outstanding497,842,032
10 Day Avg. Volume3,539,605
30 Day Avg. Volume4,443,552
Standard Deviation0.08
R-Squared0.48
Alpha-0.00781
Financial Highlights & Ratios
Price to Book (P/B)6.07
Price to Sales (P/S)1.74
Price to Cash Flow (P/CF)236.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.70
Enterprise Value/Gross Profit4.73
Enterprise Value/Ebitda9.60
Forecast
1Y Price Target
$78.00Price Target Upside15.50% Upside
Rating ConsensusHold
Number of Analyst Covering16
Cognizant News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCognizant demonstrates a robust financial performance with better-than-expected margin expansion, indicating efficient cost management and potential for increased profitability.
Innovation And DevelopmentInvestment in AI and the NextGen program by Cognizant is set to propel long-term growth, showcasing the company's commitment to innovation and staying ahead in the technology sector.
Strategic GrowthCognizant's strategic pivot towards winning larger deals is evidenced by their impressive track record of securing significant contracts, which bodes well for sustained revenue growth.
Bears Say
Financial Services PerformanceExpect to see pressure in CTSH's Financial Services vertical, namely in North America.
Industry DemandDecelerating quarterly bookings growth and slow-to-ramp AI use-cases for its clients are seen as negatives.
Revenue GuidanceCTSH's FY24 revenue guide disappointed with management citing clients remaining cautious which is pressuring their discretionary IT spending.
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Ownership Overview
0.70% Insiders
30.42% Mutual Funds
30.24% Other Institutional Investors
38.65% 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 $57.12 and its highest was $80.09 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 May 01, 2024 which is in 12 days.
How were Cognizant Technology Solutions’s earnings last quarter?
Cognizant Technology Solutions released its earnings results on Feb 06, 2024. The company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.037 by $0.143.
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 1.72%. 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 497,842,040 shares outstanding.
What happened to Cognizant Technology Solutions’s price movement after its last earnings report?
Cognizant Technology Solutions reported an EPS of $1.18 in its last earnings report, beating expectations of $1.037. Following the earnings report the stock price went down -0.931%.
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
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$78.00 (15.50% Upside)
$78.00 (15.50% Upside)
Blogger Sentiment
Bullish
CTSH Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $836.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.06%
12-Months-Change
Fundamentals
Return on Equity
16.65%
Trailing 12-Months
Asset Growth
3.53%
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
Q4 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 Months Forecast
Average Price Target
$78.00
▲(15.50% Upside)
Technical Analysis
Best Analysts Covering CTSH
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+9.88%
reiterated a buy rating 2 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 +9.88% per trade.
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