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

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

Cognizant Technology Solutions announced a quarterly dividend on Thursday, August 2nd. Investors of record on Wednesday, August 22nd will be given a dividend of $0.20 per share on Friday, August 31st. This represents a $0.80 annualized dividend and a yield of 1.07%. The ex-dividend date is Tuesday, August 21st. View Cognizant Technology Solutions' Dividend History.

Cognizant Technology Solutions shares split before market open on Monday, March 10th 2014. The 2-1 split was announced on Wednesday, February 5th 2014. The newly created shares were distributed 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.

Cognizant Technology Solutions declared that its Board of Directors has initiated a share buyback plan on Monday, April 10th 2017, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued.

Cognizant Technology Solutions Corp (NASDAQ:CTSH) issued its quarterly earnings results on Thursday, August, 2nd. The information technology service provider reported $1.19 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.10 by $0.09. The information technology service provider had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.03 billion. Cognizant Technology Solutions had a return on equity of 21.66% and a net margin of 9.37%. The business's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. View Cognizant Technology Solutions' Earnings History.

Cognizant Technology Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Cognizant Technology Solutions.

Cognizant Technology Solutions updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share guidance of at least $4.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.49. The company issued revenue guidance of $16.05-16.30 billion, compared to the consensus revenue estimate of $16.24 billion.Cognizant Technology Solutions also updated its Q3 guidance to at least $1.13 EPS.

24 brokerages have issued 1-year price targets for Cognizant Technology Solutions' stock. Their predictions range from $57.50 to $100.00. On average, they anticipate Cognizant Technology Solutions' stock price to reach $84.7381 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for Cognizant Technology Solutions.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognizant Technology Solutions in the last year. There are currently 5 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cognizant Technology Solutions.

Cognizant Technology Solutions saw a drop in short interest in July. As of July 31st, there was short interest totalling 9,747,723 shares, a drop of 16.7% from the July 13th total of 11,698,656 shares. Based on an average trading volume of 2,530,965 shares, the short-interest ratio is currently 3.9 days. Currently, 1.7% of the shares of the stock are sold short. View Cognizant Technology Solutions' Current Options Chain.

Some companies that are related to Cognizant Technology Solutions include Infosys (INFY), Wipro (WIT), Verisign (VRSN), NTT DATA Corp/ADR (NTDTY), Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), EPAM Systems (EPAM), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU) and Endava (DAVA).

News articles about CTSH stock have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cognizant Technology Solutions earned a media and rumor sentiment score of 0.15 on Accern's scale. They also gave news headlines about the information technology service provider an impact score of 48.43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Cognizant Technology Solutions.

Cognizant Technology Solutions' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.31%), Massachusetts Financial Services Co. MA (4.15%), Bank of New York Mellon Corp (3.12%), Edgewood Management LLC (3.10%), FMR LLC (2.48%) and Pzena Investment Management LLC (1.08%). Company insiders that own Cognizant Technology Solutions stock include Allen Shaheen, 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.

CTSH stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Swedbank, Scharf Investments LLC, Renaissance Technologies LLC, DnB Asset Management AS, Pzena Investment Management LLC, Sawgrass Asset Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Cognizant Technology Solutions company stock in the last year include Allen Shaheen, Chandrasekaran Ramakrishnan, Debashis Chatterjee, Francisco Dsouza, Gajakarnan Vibushanan Kandiah, James Patrick Lennox, John Nelson Fox Jr, Karen Mcloughlin, Leo S Jr Mackay, Malcolm Frank, Matthew W Friedrich, Maureen Breakiron-Evans, Rajeev Mehta, Robert Telesmanic, Sean Middleton, Srinivasan Veeraraghavachary, Sumithra Gomatam and Venkat Krishnaswamy. View Insider Buying and Selling for Cognizant Technology Solutions.

CTSH stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Voya Investment Management LLC, Flossbach Von Storch AG, Bank of New York Mellon Corp, Janus Henderson Group PLC, Hexavest Inc., Madison Investment Holdings Inc. and Genesis Asset Managers LLP. View Insider Buying and Selling for 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.

One share of CTSH stock can currently be purchased for approximately $74.90.

Cognizant Technology Solutions has a market capitalization of $43.84 billion and generates $14.81 billion in revenue each year. The information technology service provider earns $1.50 billion in net income (profit) each year or $3.53 on an earnings per share basis. Cognizant Technology Solutions employs 260,000 workers across the globe.

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]