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NASDAQ:CTSH

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

Cognizant Technology Solutions logo
$79.23 -0.26 (-0.33%)
(As of 12/20/2024 05:31 PM ET)

About Cognizant Technology Solutions Stock (NASDAQ:CTSH)

Key Stats

Today's Range
$78.33
$80.27
50-Day Range
$74.35
$82.32
52-Week Range
$63.79
$82.46
Volume
5.84 million shs
Average Volume
3.75 million shs
Market Capitalization
$39.28 billion
P/E Ratio
17.53
Dividend Yield
1.51%
Price Target
$80.35
Consensus Rating
Hold

Company Overview

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. The company provides customer experience, robotic process automation, analytics, and AI services in areas, such as digital lending, fraud detection, and next generation payments; the shift towards consumerism, outcome-based contracting, digital health, delivering integrated seamless, omni-channel, and patient-centered experience; and services that drive operational improvements in areas, such as clinical development, pharmacovigilance, and manufacturing, as well as claims processing, enrollment, membership, and billing to healthcare providers and payers, and life sciences companies, including pharmaceutical, biotech, and medical device companies. It offers solution to manufacturers, automakers, retailers and travel and hospitality companies, as well as companies providing logistics, energy and utility services; and digital content, business process improvement, technology modernization, and the creation of unified and compelling user experience services to communications, media and entertainment, education, and information services and technology companies. The company was incorporated in 1988 and is headquartered in Teaneck, New Jersey.

Cognizant Technology Solutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

CTSH MarketRank™: 

Cognizant Technology Solutions scored higher than 86% of companies evaluated by MarketBeat, and ranked 132nd out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cognizant Technology Solutions has received a consensus rating of Hold. The company's average rating score is 2.15, and is based on 4 buy ratings, 15 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Cognizant Technology Solutions has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Cognizant Technology Solutions' stock forecast and price target.
  • Earnings Growth

    Earnings for Cognizant Technology Solutions are expected to grow by 6.65% in the coming year, from $4.66 to $4.97 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cognizant Technology Solutions is 17.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cognizant Technology Solutions is 17.53, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.08.

  • Price to Earnings Growth Ratio

    Cognizant Technology Solutions has a PEG Ratio of 2.24. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cognizant Technology Solutions has a P/B Ratio of 2.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.63% of the float of Cognizant Technology Solutions has been sold short.
  • Short Interest Ratio / Days to Cover

    Cognizant Technology Solutions has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Cognizant Technology Solutions has recently increased by 11.62%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cognizant Technology Solutions pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Cognizant Technology Solutions does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Cognizant Technology Solutions is 26.55%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Cognizant Technology Solutions will have a dividend payout ratio of 24.14% next year. This indicates that Cognizant Technology Solutions will be able to sustain or increase its dividend.

  • Read more about Cognizant Technology Solutions' dividend.
  • Percentage of Shares Shorted

    3.63% of the float of Cognizant Technology Solutions has been sold short.
  • Short Interest Ratio / Days to Cover

    Cognizant Technology Solutions has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Cognizant Technology Solutions has recently increased by 11.62%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Cognizant Technology Solutions has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Cognizant Technology Solutions this week, compared to 11 articles on an average week.
  • Search Interest

    Only 4 people have searched for CTSH on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Cognizant Technology Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cognizant Technology Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $400,550.00 in company stock.

  • Percentage Held by Insiders

    Only 0.26% of the stock of Cognizant Technology Solutions is held by insiders.

  • Percentage Held by Institutions

    92.44% of the stock of Cognizant Technology Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cognizant Technology Solutions' insider trading history.
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CTSH Stock News Headlines

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CTSH Stock Analysis - Frequently Asked Questions

Cognizant Technology Solutions' stock was trading at $75.53 on January 1st, 2024. Since then, CTSH stock has increased by 4.9% and is now trading at $79.23.
View the best growth stocks for 2024 here
.

Cognizant Technology Solutions Co. (NASDAQ:CTSH) announced its quarterly earnings data on Wednesday, October, 30th. The information technology service provider reported $1.25 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.10. The firm's quarterly revenue was up 3.0% compared to the same quarter last year.
Read the conference call transcript
.

Cognizant Technology Solutions shares split on Monday, March 10th 2014. The 2-1 split was announced on Wednesday, February 5th 2014. The newly minted shares were payable to shareholders after the closing bell on Friday, March 7th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

The following companies are subsidiaries of Cognizant Technology Solutions: Devbridge, HUNTER Technical Resources, Cognizant Life Sciences Manufacturing, ESG Mobility, Servian, Magenic, Linium LLC, and others.

Top institutional investors of Cognizant Technology Solutions include State Street Corp (5.04%), Pzena Investment Management LLC (3.75%), Geode Capital Management LLC (2.68%) and FMR LLC (2.22%). Insiders that own company stock include Michael Patsalos-Fox, Ravi Kumar Singisetti, John Sunshin Kim, Leo S Jr Mackay, Zein Abdalla, Kathryn Diaz, Robert C Walker, Andrew J Stafford, Maureen Breakiron-Evans and Rajesh Nambiar.
View institutional ownership trends
.

Shares of CTSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cognizant Technology Solutions investors own include Chevron (CVX), Meta Platforms (META), NVIDIA (NVDA), Humana (HUM), American Water Works (AWK), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
10/30/2024
Ex-Dividend for 11/27 Dividend
11/19/2024
Dividend Payable
11/27/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
IT Consulting & Other Services
Current Symbol
NASDAQ:CTSH
CUSIP
19244610
Employees
347,700
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$80.35
High Stock Price Target
$95.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
20 Analysts

Profitability

Net Income
$2.13 billion
Pretax Margin
15.18%

Debt

Sales & Book Value

Annual Sales
$19.41 billion
Cash Flow
$5.59 per share
Book Value
$26.56 per share

Miscellaneous

Free Float
494,535,000
Market Cap
$39.28 billion
Optionable
Optionable
Beta
1.06

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This page (NASDAQ:CTSH) was last updated on 12/22/2024 by MarketBeat.com Staff
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