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Cognizant Technology Solutions (CTSH)
NASDAQ:CTSH
Cognizant (CTSH) Stock Price & Analysis
1,808 Followers
CTSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.38 - $79.75
Previous Close$74.33
Volume5.07M
Average Volume (3M)3.78M
Market Cap
$36.96B
Enterprise Value$35.64B
Total Cash (Recent Filing)$2.63B
Total Debt (Recent Filing)$1.31B
Price to Earnings (P/E)17.9
Beta1.09
Next Earnings
Jul 31, 2024EPS Estimate
$1.12Last Dividend Ex-Date
May 17, 2024Dividend Yield1.59%
Share Statistics
EPS (TTM)4.16
Shares Outstanding497,198,868
10 Day Avg. Volume3,535,599
30 Day Avg. Volume3,777,689
Standard Deviation0.08
R-Squared0.47
Alpha-0.00734
Financial Highlights & Ratios
Price to Book (P/B)6.06
Price to Sales (P/S)1.76
Price to Cash Flow (P/CF)236.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.84
Enterprise Value/Gross Profit5.33
Enterprise Value/Ebitda10.36
Forecast
1Y Price Target
$75.75Price Target Upside1.91% Upside
Rating ConsensusHold
Number of Analyst Covering14
Cognizant News
PremiumCompany Announcements
Cognizant Appoints Karima Silvent to Expanded Board of Directors
PremiumCompany Announcements
Cognizant Resolves Legal Dispute with Former CFO’s Employer
Bulls Say, Bears Say
Bulls Say
AcquisitionCTSH is acquiring Belcan, which will expand its digital engineering capabilities and diversify its exposure to the fast-growing Aerospace & Defense sector.
Market ExpansionBelcan's roster of blue-chip clients in the Aerospace & Defense sector should help mitigate corporate spending weakness and expand CTSH's footprint in the ER&D market.
Revenue SynergiesThe acquisition of Belcan is expected to deliver over $100 million in annual revenue synergies within three years.
Bears Say
Client SpendingClients continue to prioritize cost optimization and vendor consolidation projects against a muted discretionary spending backdrop.
Financial PerformanceFree cash flow conversion is expected to be weak at approximately 80%.
Revenue OutlookQ2 revenue is expected to be below Street expectations.
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Ownership Overview
0.72% Insiders
31.58% Mutual Funds
30.63% Other Institutional Investors
37.07% 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 $61.38 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 31, 2024 which is in 9 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 1.59%. See more information on Cognizant Technology Solutions dividends here
What is Cognizant Technology Solutions’s EPS estimate?
Cognizant Technology Solutions’s EPS estimate is $1.12.
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
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$75.75 (1.91% Upside)
$75.75 (1.91% Upside)
Blogger Sentiment
Neutral
CTSH Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 369.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.37%
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
$75.75
▲(1.91% Upside)
Technical Analysis
Best Analysts Covering CTSH
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+11.23%
reiterated a buy rating 6 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 +11.23% per trade.
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