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Cognizant Technology Solutions (CTSH)
NASDAQ:CTSH
Holding CTSH?
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CTSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.14 - $80.27
Previous Close$75.94
Volume2.80M
Average Volume (3M)3.36M
Market Cap
$36.93B
Enterprise Value$35.96B
Total Cash (Recent Filing)$2.21B
Total Debt (Recent Filing)$1.24B
Price to Earnings (P/E)17.0
Beta1.04
Next Earnings
Oct 30, 2024EPS Estimate
$1.15Last Dividend Ex-Date
Aug 20, 2024Dividend Yield1.6%
Share Statistics
EPS (TTM)4.39
Shares Outstanding495,657,976
10 Day Avg. Volume2,645,102
30 Day Avg. Volume3,364,958
Standard Deviation0.08
R-Squared0.46
Alpha-0.00448
Financial Highlights & Ratios
Price to Book (P/B)2.66
Price to Sales (P/S)1.98
Price to Cash Flow (P/CF)36.30
P/FCF Ratio49.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.85
Enterprise Value/Gross Profit5.38
Enterprise Value/Ebitda10.72
Forecast
1Y Price Target
$80.69Price Target Upside6.25% Upside
Rating ConsensusHold
Number of Analyst Covering14
Cognizant News
Bulls Say, Bears Say
Bulls Say
Deal MomentumStrong deal momentum continues, signing five deals with a total contract value of USD100mn or more, and two deals above USD90mn each.
Revenue GrowthQ3 revenue guidance raised due to Belcan: Expected to be ~$4.95-5.02 billion, an increase of +1.1-2.6% yoy.
Strategic AcquisitionsThe recent Belcan acquisition by Cognizant Technology Solutions has led to updated revenue and EPS guidance.
Bears Say
Demand ChallengesDemand trends remain weak despite pockets of improvement.
Integration RiskAn acquisition of this size comes with integration risk.
Revenue ImpactPotential HUM revenue issues temper expectations around a sharp rebound in CTSH's Health Sciences vertical, which comprises 30% of revenue.
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Ownership Overview
0.10% Insiders
27.68% Mutual Funds
0.29% Other Institutional Investors
42.38% 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 $62.14 and its highest was $80.27 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 Oct 30, 2024 which is in 18 days.
How were Cognizant Technology Solutions’s earnings last quarter?
Cognizant Technology Solutions released its earnings results on Jul 31, 2024. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.118 by $0.052.
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 1.6%. See more information on Cognizant Technology Solutions dividends here
What is Cognizant Technology Solutions’s EPS estimate?
Cognizant Technology Solutions’s EPS estimate is $1.15.
How many shares outstanding does Cognizant Technology Solutions have?
Cognizant Technology Solutions has 495,658,000 shares outstanding.
What happened to Cognizant Technology Solutions’s price movement after its last earnings report?
Cognizant Technology Solutions reported an EPS of $1.17 in its last earnings report, beating expectations of $1.118. Following the earnings report the stock price went up 0.836%.
Which hedge fund is a major shareholder of Cognizant Technology Solutions?
Among the largest hedge funds holding Cognizant Technology Solutions’s share is Pzena Investment Management LLC. It holds Cognizant Technology Solutions’s shares valued at 1B.
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Cognizant Stock Smart Score
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$80.69 (6.25% Upside)
$80.69 (6.25% Upside)
Blogger Sentiment
Bullish
CTSH Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 4.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $495.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.94%
12-Months-Change
Fundamentals
Return on Equity
16.38%
Trailing 12-Months
Asset Growth
3.41%
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
Q2 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
$80.69
▲(6.25% Upside)
Technical Analysis
Best Analysts Covering CTSH
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+16.87%
reiterated a buy rating 9 months ago
Copying Yogesh Aggarwal's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +16.87% per trade.
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