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Cognizant Technology Solutions (CTSH)
NASDAQ:CTSH
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CTSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$63.79 - $82.46
Previous Close$79.49
Volume5.95M
Average Volume (3M)3.18M
Market Cap
$39.41B
Enterprise Value$39.25B
Total Cash (Recent Filing)$2.02B
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)17.6
Beta0.86
Next Earnings
Jan 30, 2025EPS Estimate
$1.12Last Dividend Ex-Date
Nov 19, 2024Dividend Yield1.53%
Share Statistics
EPS (TTM)4.52
Shares Outstanding495,824,260
10 Day Avg. Volume2,527,929
30 Day Avg. Volume3,175,018
Standard Deviation0.08
R-Squared0.46
Alpha-0.00472
Financial Highlights & Ratios
Price to Book (P/B)2.72
Price to Sales (P/S)2.03
Price to Cash Flow (P/CF)11.60
P/FCF Ratio12.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.00
Enterprise Value/Gross Profit5.87
Enterprise Value/Ebitda11.58
Forecast
1Y Price Target
$85.27Price Target Upside7.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Cognizant News
Bulls Say, Bears Say
Bulls Say
AI InitiativesAI initiatives and the Next Gen program to drive future growth, with an investment of USD1bn in GenAI capabilities.
Deal MomentumStrong deal momentum continues, signing six deals with a total contract value of USD100mn.
Financial PerformanceCognizant's 3Q results beat Street expectations on both the top and bottom line.
Bears Say
External Market ConditionsRecession to impact the growth of CTSH as the company prepares for layoffs, potentially disrupting business activities of its clients.
Financial PerformanceThe narrowed 2024 guidance at the midpoint implies only slight organic growth acceleration and flat quarterly bookings growth, indicating progress at a slow pace.
Industry ChallengesA potential merger between Humana and Cigna could impact spending intentions on Cognizant's services.
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Ownership Overview
0.09% Insiders
27.36% Mutual Funds
20.83% Other Institutional Investors
20.92% 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 $63.79 and its highest was $82.46 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 Jan 30, 2025 which is in 40 days.
How were Cognizant Technology Solutions’s earnings last quarter?
Cognizant Technology Solutions released its earnings results on Oct 30, 2024. The company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.148 by $0.102.
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 1.53%. 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 495,824,250 shares outstanding.
What happened to Cognizant Technology Solutions’s price movement after its last earnings report?
Cognizant Technology Solutions reported an EPS of $1.25 in its last earnings report, beating expectations of $1.148. Following the earnings report the stock price went up 0.324%.
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
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Analyst Consensus
Moderate Buy
Average Price Target:
$85.27 (7.62% Upside)
$85.27 (7.62% Upside)
Blogger Sentiment
Bullish
CTSH Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 745.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $308.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.75%
12-Months-Change
Fundamentals
Return on Equity
16.48%
Trailing 12-Months
Asset Growth
11.53%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The call reflected a positive sentiment with strong revenue growth, improved margins, and significant advancements in AI technologies. The company showcased its ability to win large deals and successfully integrate strategic acquisitions, despite facing challenges in certain segments like CMT and Europe.Read More>---
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
$85.27
▲(7.62% Upside)
Technical Analysis
Best Analysts Covering CTSH
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+5.64%
reiterated a buy rating 10 days ago
Copying Sachin Mittal's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +5.64% per trade.
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