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

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$74.90 -0.01 (-0.01 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$74.91
Today's Range$74.74 - $75.30
52-Week Range$69.24 - $85.10
Volume2.26 million shs
Average Volume3.55 million shs
Market Capitalization$43.84 billion
P/E Ratio21.22
Dividend Yield1.06%
Beta0.94
Cognizant Technology Solutions logo

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.06
Current Ratio3.27
Quick Ratio3.27

Price-To-Earnings

Trailing P/E Ratio21.22
Forward P/E Ratio17.92
P/E Growth1.39

Sales & Book Value

Annual Sales$14.81 billion
Price / Sales2.93
Cash Flow$4.2849 per share
Price / Cash17.48
Book Value$18.15 per share
Price / Book4.13

Profitability

EPS (Most Recent Fiscal Year)$3.53
Net Income$1.50 billion
Net Margins9.37%
Return on Equity21.66%
Return on Assets15.72%

Miscellaneous

Employees260,000
Outstanding Shares580,230,000
Market Cap$43.84 billion

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 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.

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

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.

How will Cognizant Technology Solutions' stock buyback program work?

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.

How were Cognizant Technology Solutions' earnings last quarter?

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.

When is Cognizant Technology Solutions' next earnings date?

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

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

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.

What price target have analysts set for CTSH?

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.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Cognizant Technology Solutions stock?

Here are some recent quotes from research analysts about Cognizant Technology Solutions stock:
  • 1. According to Zacks Investment Research, "Cognizant is gaining from its significant exposure to the fast-growing verticals like financial services and healthcare. The company is benefiting from domain expertise as well as its ability to harness the ongoing digital transition. It is also significantly gaining from accretive acquisitions and share repurchase program. However, the company faces significant geographic, domain and customer concentration risks which can negatively impact its business. Besides, stiff competition in the IT services market remains a concern. Further, lackluster spending by large banks in the financial services sector is a concern for the company’s top-line growth. Additionally, higher attrition rate is significant headwind. Shares have underperformed the industry on a year-to-date basis." (7/9/2018)
  • 2. Pivotal Research analysts commented, "We keep our BUY but lower 2018 EPS to $4.48 from $4.55, and 2019 to $5.05 from $5.18. keeping the same 18x multiple lowers our PT to $91 from $93. Results by vertical, Healthcare and Products/Resources, Comm. Healthcare 29% of total revenue (HC) repeated 4Q’s strong results and was up almost 12% YY. Products/Resources, 21% of total, was up 11%, and Comm/Media/Tech at 13% of sales was up 18%. For CTSH’s largest category, being Financial Services (37% of rev) was up 6%, reginal banks and insurance were up double digits, but large money center banks dragged down results, as has been the case. Money center banks are spending on Digital but cutting spending when possible in ‘running’ the business. The new tax laws allowed the company repatriate $2b from overseas and $500m was used to acquire Bolder Healthcare. The company continues to pursue smaller acquisitions. Digital mix continues to improve and is now 29% revenue." (5/7/2018)

Are investors shorting 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.

Who are some of Cognizant Technology Solutions' key competitors?

Who are Cognizant Technology Solutions' key executives?

Cognizant Technology Solutions' management team includes the folowing people:
  • Mr. Francisco D'Souza, Vice Chair & CEO (Age 49)
  • Mr. Rajeev Mehta, Pres (Age 51)
  • Ms. Karen A. McLoughlin, Chief Financial Officer (Age 53)
  • Mr. Matthew W. Friedrich, Exec. VP, Gen. Counsel, Chief Corp. Affairs Officer & Sec. (Age 51)
  • Mr. Ramakrishna Prasad Chintamaneni, Exec. VP and Pres of Global Industries & Consulting (Age 48)

Has Cognizant Technology Solutions been receiving favorable news coverage?

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.

Who are Cognizant Technology Solutions' major shareholders?

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.

Which major investors are selling Cognizant Technology Solutions stock?

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.

Which major investors are buying Cognizant Technology Solutions stock?

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.

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 $74.90.

How big of a company is Cognizant Technology Solutions?

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.

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:  3.5 out of 5 (star star star half star)
Outperform Votes:  1,008 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  1,422
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 8/21/2018 by MarketBeat.com Staff

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