About Cognizant Technology Solutions Corp
Cognizant Technology Solutions Corporation is a provider of information technology (IT), consulting and business process services. The Company operates through four segments: Financial Services, which includes customers providing banking/transaction processing, capital markets and insurance services; Healthcare, which includes healthcare providers and payers, as well as life sciences customers, including pharmaceutical, biotech and medical device companies; Manufacturing, Retail and Logistics, which includes manufacturers, retailers, travel and other hospitality customers, as well as customers providing logistics services, and Other, which includes communications, manufacturing/retail/logistics, and high technology. The Company's competencies include business, process, operations and IT consulting, application development and systems integration, enterprise information management, application testing, application maintenance and IT infrastructure services.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Business Software & Services
- Sub-Industry: IT Consulting & Other Services
- Exchange: NASDAQ
- Symbol: CTSH
- CUSIP: 19244610
- Previous Close: $59.15
- 50 Day Moving Average: $56.35
- 200 Day Moving Average: $55.00
- 52-Week Range: $45.44 - $63.23
- Trailing P/E Ratio: 23.16
- Foreward P/E Ratio: 13.82
- P/E Growth: 1.29
- Market Cap: $35.84B
- Outstanding Shares: 607,000,000
- Beta: 1.28
- Net Margins: 11.52%
- Return on Equity: 18.83%
- Return on Assets: 14.16%
Companies Related to Cognizant Technology Solutions Corp:
- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 3.56%
- Quick Ratio: 3.56%
What is Cognizant Technology Solutions Corp's stock symbol?
Cognizant Technology Solutions Corp trades on the NASDAQ under the ticker symbol "CTSH."
When did Cognizant Technology Solutions Corp's stock split? How did Cognizant Technology Solutions Corp's stock split work?
Shares of Cognizant Technology Solutions Corp split before market open on Monday, March 10th 2014. The 2-1 split was announced on Wednesday, February 5th 2014. The newly minted shares were distributed to shareholders after the market closes on Friday, March 7th 2014. An investor that had 100 shares of Cognizant Technology Solutions Corp stock prior to the split would have 200 shares after the split.
Where is Cognizant Technology Solutions Corp's stock going? Where will Cognizant Technology Solutions Corp's stock price be in 2017?
23 equities research analysts have issued 12-month price targets for Cognizant Technology Solutions Corp's stock. Their forecasts range from $0.87 to $75.00. On average, they expect Cognizant Technology Solutions Corp's share price to reach $61.84 in the next twelve months.
When will Cognizant Technology Solutions Corp announce their earnings?
Cognizant Technology Solutions Corp is scheduled to release their next quarterly earnings announcement on Thursday, May, 4th 2017.
What are analysts saying about Cognizant Technology Solutions Corp stock?
Here are some recent quotes from research analysts about Cognizant Technology Solutions Corp stock:
According to Zacks Investment Research, "Cognizant reported lower-than-expected fourth quarter 2016 results. However, Cognizant’s announcement of enhanced focus on expanding digital capabilities and an extensive capital buyback program overshadowed dismal quarterly performance. Cognizant remains well positioned to benefit from strong demand from digitization of businesses. High quality, lower cost technology services and strategic partnership with the likes of Microsoft and SAP SE are big positives for the company. Over the past six months, the company shares have outperformed the Zacks categorized business Software Service/BPO Industry. However, macroeconomic headwinds and sluggish spending levels in its healthcare and financial sectors have emerged as big concerns. Intense competition in the IT service industry, rising wages and customer concentration are the other challenges. " (2/13/2017)
- BMO Capital Markets analysts commented, "We are lowering our revenue and operating margin assumptions for CTSH due to FX, industry growth, and pricing assumptions but raising our EPS estimates due to assumed more aggressive share buyback. We have lowered our target price from $58 to $57, due to concerns around visa issues. If we elect to move to a more neutral stance on the stock, visa cost issues could be the likely cause for change. We will use the upcoming quarter to evaluate all factors that could influence our stock views." (2/6/2017)
Cantor Fitzgerald analysts commented, "Value Enhancement Plan" (11/29/2016)
Who owns Cognizant Technology Solutions Corp stock?
Cognizant Technology Solutions Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (3.93%), Edgewood Management LLC (2.33%), FMR LLC (2.22%), Franklin Resources Inc. (2.04%), Brown Advisory Inc. (1.08%) and Aberdeen Asset Management PLC UK (0.97%). Company insiders that own Cognizant Technology Solutions Corp stock include Allen Shaheen, Chandrasekaran Ramakrishnan, Dharmendra Kumar Sinha, Francisco Dsouza, Gajakarnan Vibushanan Kandiah, Gordon Coburn, James Patrick Lennox, John E Klein, John Nelson Fox Jr, Karen Mcloughlin, Lakshmi Narayanan, Leo S Jr Mackay, Malcolm Frank, Maureen Breakiron-Evans, Sridhar Thiruvengadam, Steven Schwartz and Thomas M Wendel.
Who sold Cognizant Technology Solutions Corp stock? Who is selling Cognizant Technology Solutions Corp stock?
Cognizant Technology Solutions Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, AQR Capital Management LLC, Alyeska Investment Group L.P., Aberdeen Asset Management PLC UK, Janus Capital Management LLC, Thornburg Investment Management Inc., Silvercrest Asset Management Group LLC and Thrivent Financial for Lutherans. Company insiders that have sold Cognizant Technology Solutions Corp stock in the last year include Allen Shaheen, Chandrasekaran Ramakrishnan, Francisco Dsouza, Gajakarnan Vibushanan Kandiah, Gordon Coburn, James Patrick Lennox, John E Klein, John Nelson Fox Jr, Karen Mcloughlin, Malcolm Frank, Maureen Breakiron-Evans, Sridhar Thiruvengadam and Steven Schwartz.
Who bought Cognizant Technology Solutions Corp stock? Who is buying Cognizant Technology Solutions Corp stock?
Cognizant Technology Solutions Corp's stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Highfields Capital Management LP, Edgewood Management LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Scharf Investments LLC, Prudential PLC, Asset Management One Co. Ltd. and State Street Corp.
How do I buy Cognizant Technology Solutions Corp stock?
Shares of Cognizant Technology Solutions Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Cognizant Technology Solutions Corp stock cost?
One share of Cognizant Technology Solutions Corp stock can currently be purchased for approximately $59.15.