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

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

Cognizant Technology Solutions announced a quarterly dividend on Wednesday, July 31st. Investors of record on Thursday, August 22nd will be paid a dividend of $0.20 per share on Friday, August 30th. This represents a $0.80 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend is Wednesday, August 21st. View Cognizant Technology Solutions' Dividend History.

Shares of Cognizant Technology Solutions split on Monday, March 10th 2014. The 2-1 split was announced on Wednesday, February 5th 2014. The newly minted 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.

Cognizant Technology Solutions Corp (NASDAQ:CTSH) posted its quarterly earnings data on Wednesday, July, 31st. The information technology service provider reported $0.94 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.01. The information technology service provider had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.13 billion. Cognizant Technology Solutions had a net margin of 12.61% and a return on equity of 20.52%. The business's revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 EPS. View Cognizant Technology Solutions' Earnings History.

Cognizant Technology Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Cognizant Technology Solutions.

Cognizant Technology Solutions updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $3.92-3.98 for the period, compared to the Thomson Reuters consensus estimate of $3.89. The company issued revenue guidance of $16.57-16.73 billion, compared to the consensus revenue estimate of $16.70 billion.

27 brokers have issued 12-month price targets for Cognizant Technology Solutions' stock. Their predictions range from $57.00 to $94.00. On average, they anticipate Cognizant Technology Solutions' stock price to reach $74.3627 in the next year. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Cognizant Technology Solutions.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognizant Technology Solutions in the last year. There are currently 5 sell ratings, 14 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognizant Technology Solutions.

News headlines about CTSH stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cognizant Technology Solutions earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave press coverage about the information technology service provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Cognizant Technology Solutions.

Cognizant Technology Solutions saw a decline in short interest during the month of August. As of August 15th, there was short interest totalling 8,351,700 shares, a decline of 18.5% from the July 15th total of 10,245,800 shares. Based on an average daily trading volume, of 5,240,000 shares, the short-interest ratio is currently 1.6 days. Approximately 1.5% of the shares of the company are short sold. View Cognizant Technology Solutions' Current Options Chain.

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

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

Cognizant Technology Solutions' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.86%), BlackRock Inc. (8.86%), Vanguard Group Inc. (7.96%), Bank of New York Mellon Corp (3.04%), Invesco Ltd. (2.64%) and Price T Rowe Associates Inc. MD (1.93%). Company insiders that own Cognizant Technology Solutions stock include Allen Shaheen, Brian Humphries, 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, 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 Prudential Financial Inc., AQR Capital Management LLC, Man Group plc, Marshall Wace North America L.P., Waddell & Reed Financial Inc., Boston Partners, Pendal Group Ltd and Coronation Fund Managers Ltd.. Company insiders that have sold Cognizant Technology Solutions company stock in the last year include Allen Shaheen, Gajakarnan Vibushanan Kandiah, James Patrick Lennox, John E Klein, Karen Mcloughlin, Malcolm Frank, Matthew W Friedrich, Rajeev Mehta, Robert Telesmanic, Srinivasan Veeraraghavachary and Venkat Krishnaswamy. View Insider Buying and Selling for Cognizant Technology Solutions.

CTSH stock was acquired by a variety of institutional investors in the last quarter, including Generation Investment Management LLP, Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Eaton Vance Management, BlackRock Inc., BlackRock Inc., Yacktman Asset Management LP and First Trust Advisors LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of CTSH stock can currently be purchased for approximately $61.80.

Cognizant Technology Solutions has a market capitalization of $34.13 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.View Additional Information About Cognizant Technology Solutions.

The official website for Cognizant Technology Solutions is http://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]