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. The company also develops, licenses, implements, and supports proprietary and third-party software products and platforms for the healthcare industry. In addition, it offers revenue cycle management solutions to the healthcare industry; business advisory and data analytics services; and salesforce services. Further, the company develops custom cloud-based software and platforms; and provides consulting services that enable companies to plan, implement, and optimize automated cloud-based business processes and technologies. It serves banking and insurance, healthcare and life sciences, retail and consumer goods, manufacturing and logistics, travel and hospitality, energy and utilities, communications and media, and technology industries. The company markets and sells its services through professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1994 and is headquartered in Teaneck, New Jersey.
Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryIT Consulting & Other Services
SectorComputer and Technology
Phone201-801-0233
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.13 billion
Profitability
Miscellaneous
Employees281,600
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable
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, May 2nd. Investors 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 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend 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's stock split on Monday, March 10th 2014. The 2-1 split was announced on Wednesday, February 5th 2014. The newly created 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) posted its quarterly earnings data on Thursday, May, 2nd. The information technology service provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by $0.12. The information technology service provider earned $4.11 billion during the quarter, compared to analyst estimates of $4.16 billion. Cognizant Technology Solutions had a net margin of 12.39% and a return on equity of 21.50%. The firm's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.94 earnings per share. View Cognizant Technology Solutions' Earnings History.
When is Cognizant Technology Solutions' next earnings date?
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 earnings per share guidance of $3.87-3.95 for the period, compared to the Thomson Reuters consensus 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 Wall Street analysts have issued 1-year price objectives for Cognizant Technology Solutions' stock. Their predictions range from $57.00 to $94.00. On average, they expect Cognizant Technology Solutions' share price to reach $75.1568 in the next twelve months. This suggests a possible upside of 23.2% 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 trended somewhat negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog 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 -1.8 on InfoTrie's scale. They also assigned 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 impact on the stock's share price in the near term.
Are investors shorting Cognizant Technology Solutions?
Cognizant Technology Solutions saw a increase in short interest during the month of 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 trading volume of 3,537,090 shares, the short-interest ratio is currently 1.9 days. Approximately 1.2% of the company's stock are sold short. View Cognizant Technology Solutions' Current Options Chain.
Who are some of Cognizant Technology Solutions' key competitors?
Some companies that are related to Cognizant Technology Solutions include Infosys (INFY), Wipro (WIT), Verisign (VRSN), NTT DATA CORP/ADR (NTDTY), Zscaler (ZS), EPAM Systems (EPAM), Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), Luxoft (LXFT), Sogou (SOGO), PROS (PRO), Endava (DAVA), Virtusa (VRTU) and Glu Mobile (GLUU).
What other stocks do shareholders of Cognizant Technology Solutions own?
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 many different of retail and institutional 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, 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, Man Group plc, AQR Capital Management LLC, Broad Peak Investment Management LTD., Janus Henderson Group PLC and Morgan Stanley. Company insiders that have sold Cognizant Technology Solutions company stock in the last year include Allen Shaheen, Gajakarnan Vibushanan Kandiah, James Patrick Lennox, Karen Mcloughlin, Leo S Jr Mackay, Malcolm Frank, Matthew W Friedrich, 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?
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 $61.00.
How big of a company is Cognizant Technology Solutions?
Cognizant Technology Solutions has a market capitalization of $34.73 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.
What is Cognizant Technology Solutions' official website?
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)
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.
