Cognizant Technology Solutions (CTSH) to Release Quarterly Earnings on Wednesday

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.19 per share and revenue of $5.06 billion for the quarter. Cognizant Technology Solutions has set its FY 2025 guidance at 4.900-5.060 EPS and its Q1 2025 guidance at EPS.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The information technology service provider reported $1.21 EPS for the quarter, topping the consensus estimate of $1.12 by $0.09. Cognizant Technology Solutions had a net margin of 11.35% and a return on equity of 16.78%. On average, analysts expect Cognizant Technology Solutions to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Cognizant Technology Solutions Stock Up 2.5 %

Cognizant Technology Solutions stock opened at $69.73 on Wednesday. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $34.49 billion, a PE ratio of 15.46, a PEG ratio of 2.11 and a beta of 1.03. The firm's fifty day moving average is $78.02 and its 200 day moving average is $78.73. Cognizant Technology Solutions has a 12-month low of $63.79 and a 12-month high of $90.82.

Cognizant Technology Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date was Tuesday, February 18th. This is a boost from Cognizant Technology Solutions's previous quarterly dividend of $0.30. Cognizant Technology Solutions's dividend payout ratio is 27.49%.

Cognizant Technology Solutions declared that its board has authorized a share repurchase program on Tuesday, March 25th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology service provider to repurchase up to 5.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cognizant Technology Solutions stock. Brighton Jones LLC acquired a new stake in shares of Cognizant Technology Solutions Co. (NASDAQ:CTSH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,785 shares of the information technology service provider's stock, valued at approximately $214,000. 92.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. UBS Group decreased their price objective on Cognizant Technology Solutions from $93.00 to $88.00 and set a "neutral" rating for the company in a report on Monday, March 17th. Barclays upped their price objective on shares of Cognizant Technology Solutions from $95.00 to $103.00 and gave the stock an "overweight" rating in a report on Monday, February 10th. Robert W. Baird reduced their price objective on shares of Cognizant Technology Solutions from $90.00 to $78.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Needham & Company LLC restated a "hold" rating on shares of Cognizant Technology Solutions in a report on Thursday, March 27th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $93.00 price objective on shares of Cognizant Technology Solutions in a report on Wednesday, March 26th. Fourteen research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Cognizant Technology Solutions has an average rating of "Hold" and an average target price of $84.60.

About Cognizant Technology Solutions

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.

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