NASDAQ:CTSH - Cognizant Technology Solutions Stock Price, News, & Analysis

$61.64
-0.70 (-1.12 %)
(As of 06/17/2019 01:14 AM ET)
Today's Range
$61.02
Now: $61.64
$62.22
50-Day Range
$57.03
MA: $62.56
$73.37
52-Week Range
$56.73
Now: $61.64
$83.35
Volume5.42 million shs
Average Volume6.07 million shs
Market Capitalization$35.09 billion
P/E Ratio15.33
Dividend Yield1.30%
Beta1.05
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Products and Resources; and Communications, Media and Technology. It offers analytics and artificial intelligence, digital engineering, intelligent process automation, interactive, and hybrid cloud services and solutions; and application development, systems integration, application testing and maintenance, infrastructure, and business process services. Read More…

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Current SymbolNASDAQ:CTSH
CUSIP19244610
Phone201-801-0233

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.13 billion
Cash Flow$4.9312 per share
Book Value$19.80 per share

Profitability

Net Income$2.10 billion

Miscellaneous

Employees281,600
Market Cap$35.09 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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Cognizant Technology Solutions (NASDAQ:CTSH) Frequently Asked Questions

What is Cognizant Technology Solutions' stock symbol?

Cognizant Technology Solutions trades on the NASDAQ under the ticker symbol "CTSH."

How often does Cognizant Technology Solutions pay dividends? What is the dividend yield for Cognizant Technology Solutions?

Cognizant Technology Solutions declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.20 per share on Friday, May 31st. This represents a $0.80 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Tuesday, May 21st. View Cognizant Technology Solutions' Dividend History.

When did Cognizant Technology Solutions' stock split? How did Cognizant Technology Solutions' stock split work?

Cognizant Technology Solutions shares split on the morning of Monday, March 10th 2014. The 2-1 split was announced on Wednesday, February 5th 2014. The newly issued shares were issued to shareholders after the market closes on Friday, March 7th 2014. An investor that had 100 shares of Cognizant Technology Solutions stock prior to the split would have 200 shares after the split.

How were Cognizant Technology Solutions' earnings last quarter?

Cognizant Technology Solutions Corp (NASDAQ:CTSH) issued its earnings results on Thursday, May, 2nd. The information technology service provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $1.03 by $0.12. The information technology service provider had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.16 billion. Cognizant Technology Solutions had a return on equity of 21.50% and a net margin of 12.39%. The business's quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 EPS. View Cognizant Technology Solutions' Earnings History.

When is Cognizant Technology Solutions' next earnings date?

Cognizant Technology Solutions is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Cognizant Technology Solutions.

What guidance has Cognizant Technology Solutions issued on next quarter's earnings?

Cognizant Technology Solutions updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of $3.87-3.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.43. The company issued revenue guidance of $16.55-16.8 billion, compared to the consensus revenue estimate of $17.34 billion.Cognizant Technology Solutions also updated its FY 2019 guidance to $3.87-3.95 EPS.

What price target have analysts set for CTSH?

26 brokerages have issued 1-year price objectives for Cognizant Technology Solutions' stock. Their predictions range from $57.00 to $94.00. On average, they anticipate Cognizant Technology Solutions' share price to reach $75.1568 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for Cognizant Technology Solutions.

What is the consensus analysts' recommendation for Cognizant Technology Solutions?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognizant Technology Solutions in the last year. There are currently 3 sell ratings, 15 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognizant Technology Solutions.

Has Cognizant Technology Solutions been receiving favorable news coverage?

News headlines about CTSH stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cognizant Technology Solutions earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave news headlines about the information technology service provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Cognizant Technology Solutions.

Are investors shorting Cognizant Technology Solutions?

Cognizant Technology Solutions saw a increase in short interest in April. As of April 30th, there was short interest totalling 6,630,702 shares, an increase of 26.8% from the April 15th total of 5,228,113 shares. Based on an average daily trading volume, of 3,537,090 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.2% of the company's stock are short sold. View Cognizant Technology Solutions' Current Options Chain.

Who are some of Cognizant Technology Solutions' key competitors?

What other stocks do shareholders of Cognizant Technology Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cognizant Technology Solutions investors own include Hawkins (HWKN), CA (CA), Micron Technology (MU), NVIDIA (NVDA), BlackRock (BLK), Netflix (NFLX), Alibaba Group (BABA), Intel (INTC), Cisco Systems (CSCO) and Walt Disney (DIS).

Who are Cognizant Technology Solutions' key executives?

Cognizant Technology Solutions' management team includes the folowing people:
  • Mr. Francisco D'Souza, Vice Chair & CEO (Age 50)
  • Mr. Rajeev Mehta, Pres (Age 52)
  • Ms. Karen A. McLoughlin, Chief Financial Officer (Age 54)
  • Mr. Matthew W. Friedrich, Exec. VP, Gen. Counsel, Chief Corp. Affairs Officer & Sec. (Age 52)
  • Mr. Ramakrishna Prasad Chintamaneni, Exec. VP and Pres of Global Industries & Consulting (Age 49)

Who are Cognizant Technology Solutions' major shareholders?

Cognizant Technology Solutions' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.20%), FMR LLC (2.77%), Nordea Investment Management AB (1.79%), Comgest Global Investors S.A.S. (1.40%), Northern Trust Corp (1.33%) and Pzena Investment Management LLC (1.33%). Company insiders that own Cognizant Technology Solutions stock include Allen Shaheen, Brian Humphries, Chandrasekaran Ramakrishnan, Debashis Chatterjee, Francisco Dsouza, Gajakarnan Vibushanan Kandiah, James Patrick Lennox, John E Klein, John Nelson Fox Jr, Karen Mcloughlin, Leo S Jr Mackay, Malcolm Frank, Matthew W Friedrich, Maureen Breakiron-Evans, Rajeev Mehta, Ramakrishna Prasa Chintamaneni, Robert Telesmanic, Sean Middleton, Srinivasan Veeraraghavachary, Sumithra Gomatam and Venkat Krishnaswamy. View Institutional Ownership Trends for Cognizant Technology Solutions.

Which major investors are selling Cognizant Technology Solutions stock?

CTSH stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Swedbank, Marshall Wace LLP, AQR Capital Management LLC, Broad Peak Investment Management LTD., Janus Henderson Group PLC, Westpac Banking Corp and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. Company insiders that have sold Cognizant Technology Solutions company stock in the last year include Allen Shaheen, Gajakarnan Vibushanan Kandiah, James Patrick Lennox, John E Klein, Karen Mcloughlin, Malcolm Frank, Matthew W Friedrich, Rajeev Mehta, Robert Telesmanic, Sean Middleton, Srinivasan Veeraraghavachary and Venkat Krishnaswamy. View Insider Buying and Selling for Cognizant Technology Solutions.

Which major investors are buying Cognizant Technology Solutions stock?

CTSH stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Investec Asset Management LTD, FIL Ltd, Pendal Group Ltd, Jensen Investment Management Inc., AJO LP and California Public Employees Retirement System. View Insider Buying and Selling for Cognizant Technology Solutions.

How do I buy shares of Cognizant Technology Solutions?

Shares of CTSH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cognizant Technology Solutions' stock price today?

One share of CTSH stock can currently be purchased for approximately $61.64.

How big of a company is Cognizant Technology Solutions?

Cognizant Technology Solutions has a market capitalization of $35.09 billion and generates $16.13 billion in revenue each year. The information technology service provider earns $2.10 billion in net income (profit) each year or $4.02 on an earnings per share basis. Cognizant Technology Solutions employs 281,600 workers across the globe.View Additional Information About Cognizant Technology Solutions.

What is Cognizant Technology Solutions' official website?

The official website for Cognizant Technology Solutions is http://www.cognizant.com/.

How can I contact Cognizant Technology Solutions?

Cognizant Technology Solutions' mailing address is GLENPOINTE CENTRE WEST 500 FRANK W. BURR BLVD., TEANECK NJ, 07666. The information technology service provider can be reached via phone at 201-801-0233 or via email at [email protected]


MarketBeat Community Rating for Cognizant Technology Solutions (NASDAQ CTSH)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  1,071 (Vote Outperform)
Underperform Votes:  489 (Vote Underperform)
Total Votes:  1,560
MarketBeat's community ratings are surveys of what our community members think about Cognizant Technology Solutions and other stocks. Vote "Outperform" if you believe CTSH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTSH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/17/2019 by MarketBeat.com Staff

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