Cognizant Technology Solutions Stock Forecast, Price & News

Cognizant Technology Solutions' stock was trading at $53.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTSH shares have increased by 51.0% and is now trading at $80.24.
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23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cognizant Technology Solutions in the last year. There are currently 4 sell ratings, 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cognizant Technology Solutions stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTSH, but not buy additional shares or sell existing shares.
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Cognizant Technology Solutions is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Cognizant Technology Solutions.

Cognizant Technology Solutions will be holding an earnings conference call on Wednesday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cognizant Technology Solutions Co. (NASDAQ:CTSH) announced its quarterly earnings data on Wednesday, October, 28th. The information technology service provider reported $0.97 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.90 by $0.07. The information technology service provider earned $4.24 billion during the quarter, compared to analysts' expectations of $4.15 billion. Cognizant Technology Solutions had a return on equity of 19.04% and a net margin of 8.78%.
View Cognizant Technology Solutions' earnings history.

Cognizant Technology Solutions announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, November 19th will be paid a dividend of $0.22 per share on Monday, November 30th. This represents a $0.88 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, November 18th.
View Cognizant Technology Solutions' dividend history.

Cognizant Technology Solutions pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.10%. The dividend payout ratio of Cognizant Technology Solutions is 22.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cognizant Technology Solutions will have a dividend payout ratio of 22.11% next year. This indicates that Cognizant Technology Solutions will be able to sustain or increase its dividend.
View Cognizant Technology Solutions' dividend history.

Cognizant Technology Solutions's stock 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 payable 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 approved a share buyback plan on Wednesday, February 5th 2020, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Cognizant Technology Solutions updated its FY20 earnings guidance on Wednesday, October, 28th. The company provided earnings per share (EPS) guidance of $3.63-3.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.56. The company issued revenue guidance of $16.7 billion, compared to the consensus revenue estimate of $16.55 billion.

23 Wall Street analysts have issued twelve-month price targets for Cognizant Technology Solutions' stock. Their forecasts range from $54.00 to $93.00. On average, they expect Cognizant Technology Solutions' stock price to reach $74.73 in the next twelve months. This suggests that the stock has a possible downside of 6.9%.
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Some companies that are related to Cognizant Technology Solutions include Accenture (ACN), International Business Machines (IBM), EPAM Systems (EPAM), Leidos (LDOS), Gartner (IT), Booz Allen Hamilton (BAH), Amdocs (DOX), CACI International (CACI), ManTech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and ServiceSource International (SREV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cognizant Technology Solutions investors own include Hawkins (HWKN), NVIDIA (NVDA), Netflix (NFLX), CA (CA), The Walt Disney (DIS), Intel (INTC), Micron Technology (MU), Gilead Sciences (GILD), Mastercard (MA) and Visa (V).

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

Cognizant Technology Solutions' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Genesis Investment Management LLP (0.39%), State of Alaska Department of Revenue (0.07%), Boston Trust Walden Corp (0.02%), Chesley Taft & Associates LLC (0.02%), Louisiana State Employees Retirement System (0.01%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Cognizant Technology Solutions stock include Allen Shaheen, Brian Humphries, Dharmendra Kumar Sinha, Francisco Dsouza, Gajakarnan Vibushanan Kandiah, James Patrick Lennox, John E Klein, John Nelson Fox Jr, Karen Mcloughlin, Malcolm Frank, Matthew W Friedrich, Rajeev Mehta, Robert Telesmanic, Srinivasan Veeraraghavachary 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 Genesis Investment Management LLP, State of Alaska Department of Revenue, Huntington National Bank, Crossmark Global Holdings Inc., Bowling Portfolio Management LLC, First Financial Bank Trust Division, Private Trust Co. NA, and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. Company insiders that have sold Cognizant Technology Solutions company stock in the last year include Dharmendra Kumar Sinha, Francisco Dsouza, John Nelson Fox Jr, Karen Mcloughlin, Malcolm Frank, Matthew W Friedrich, and Robert Telesmanic.
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CTSH stock was bought by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, OneAscent Financial Services LLC, IFM Investors Pty Ltd, Boston Trust Walden Corp, Chesley Taft & Associates LLC, and Clarius Group LLC.
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Shares of CTSH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CTSH stock can currently be purchased for approximately $80.24.

Cognizant Technology Solutions has a market capitalization of $43.51 billion and generates $16.78 billion in revenue each year. The information technology service provider earns $1.84 billion in net income (profit) each year or $3.99 on an earnings per share basis. Cognizant Technology Solutions employs 292,500 workers across the globe.

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

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]