NASDAQ:CTSHCognizant Technology Solutions Stock Price, Forecast & 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 6.2% and is now trading at $56.47. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognizant Technology Solutions in the last year. There are currently 6 sell ratings, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cognizant Technology Solutions.

Cognizant Technology Solutions is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Cognizant Technology Solutions.

Cognizant Technology Solutions will be holding an earnings conference call on Wednesday, July 29th 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 Corp (NASDAQ:CTSH) issued its quarterly earnings results on Thursday, May, 7th. The information technology service provider reported $0.96 EPS for the quarter, beating the Zacks' consensus estimate of $0.93 by $0.03. The information technology service provider had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. Cognizant Technology Solutions had a net margin of 10.46% and a return on equity of 20.90%. The business's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 earnings per share. View Cognizant Technology Solutions' earnings history.

Cognizant Technology Solutions announced a quarterly dividend on Thursday, May 7th. Investors of record on Wednesday, May 20th will be given a dividend of $0.22 per share on Friday, May 29th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Tuesday, May 19th. 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 issued to shareholders after the closing bell 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 announced that its board has approved a share buyback program on Wednesday, February 5th 2020, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 5.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

20 Wall Street analysts have issued 1-year price targets for Cognizant Technology Solutions' stock. Their forecasts range from $37.00 to $81.00. On average, they anticipate Cognizant Technology Solutions' stock price to reach $62.06 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View analysts' price targets for Cognizant Technology Solutions.

Media coverage about CTSH stock has been trending extremely negative on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cognizant Technology Solutions earned a coverage optimism score of -4.3 on InfoTrie's scale. They also gave media stories about the information technology service provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the near term. View the latest news about Cognizant Technology Solutions.

Cognizant Technology Solutions saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 12,000,000 shares, an increase of 10.5% from the May 31st total of 10,860,000 shares. Based on an average trading volume of 4,640,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.2% of the company's shares are sold short. View Cognizant Technology Solutions' Current Options Chain.

Some companies that are related to Cognizant Technology Solutions include Accenture (ACN), IBM (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). View all competitors.

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

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

Cognizant Technology Solutions' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Genesis Investment Management LLP (0.54%), LGT Capital Partners LTD. (0.24%), Envestnet Asset Management Inc. (0.16%), Factory Mutual Insurance Co. (0.15%), Reinhart Partners Inc. (0.08%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Cognizant Technology Solutions stock include Allen Shaheen, Brian Humphries, Francisco Dsouza, 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 institutional ownership trends for Cognizant Technology Solutions.

CTSH stock was sold by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., Gateway Investment Advisers LLC, Fulton Bank N. A., Reinhart Partners Inc., IFM Investors Pty Ltd, DNB Asset Management AS, Birch Capital Management LLC, and Harel Insurance Investments & Financial Services Ltd.. Company insiders that have sold Cognizant Technology Solutions company stock in the last year include Allen Shaheen, Francisco Dsouza, James Patrick Lennox, John E Klein, Karen Mcloughlin, Malcolm Frank, Matthew W Friedrich, and Robert Telesmanic. View insider buying and selling activity for Cognizant Technology Solutions.

CTSH stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, LGT Capital Partners LTD., State of Alaska Department of Revenue, NuWave Investment Management LLC, Genesis Investment Management LLP, Boenning & Scattergood Inc., and Unison Advisors LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of CTSH stock can currently be purchased for approximately $56.47.

Cognizant Technology Solutions has a market capitalization of $30.53 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]