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

$67.57
-0.43 (-0.63%)
(As of 11:26 AM ET)
Today's Range
$67.51
$68.17
50-Day Range
$64.26
$70.33
52-Week Range
$62.14
$80.09
Volume
562,775 shs
Average Volume
4.07 million shs
Market Capitalization
$33.60 billion
P/E Ratio
16.24
Dividend Yield
1.78%
Price Target
$75.44

Cognizant Technology Solutions MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
10.9% Upside
$75.44 Price Target
Short Interest
Bearish
3.09% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.75
Upright™ Environmental Score
News Sentiment
1.19mentions of Cognizant Technology Solutions in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.51%
From $4.61 to $4.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.47 out of 5 stars

Computer And Technology Sector

79th out of 568 stocks

Custom Computer Programming Services Industry

3rd out of 22 stocks

CTSH stock logo

About Cognizant Technology Solutions Stock (NASDAQ:CTSH)

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.

CTSH Stock Price History

CTSH Stock News Headlines

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Cognizant to Present at Upcoming Conferences
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 5/29 Dividend
5/17/2024
Dividend Payable
5/29/2024
Today
7/08/2024
Next Earnings (Estimated)
8/07/2024
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
$75.44
High Stock Price Target
$85.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+10.9%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
18 Analysts

Profitability

Net Income
$2.13 billion
Pretax Margin
14.36%

Debt

Sales & Book Value

Annual Sales
$19.35 billion
Cash Flow
$5.73 per share
Book Value
$26.56 per share

Miscellaneous

Free Float
495,906,000
Market Cap
$33.81 billion
Optionable
Optionable
Beta
1.05

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Key Executives

  • Mr. Ravi Kumar Singisetti (Age 53)
    CEO & Director
    Comp: $2.31M
  • Mr. Jatin Pravinchandra Dalal (Age 49)
    Chief Financial Officer
    Comp: $276.26k
  • Mr. John Sunshin Kim (Age 56)
    Executive VP, Chief Legal Officer, Chief Administrative Officer & Corporate Secretary
    Comp: $924.98k
  • Mr. Balu Ganesh Ayyar (Age 62)
    Executive VP and President of Intuitive Operations, Automation & Industry Solutions
    Comp: $1.04M
  • Mr. Surya Gummadi (Age 47)
    Executive VP & President of Americas
    Comp: $1.51M
  • Mr. Srinivasan Veeraraghavachary (Age 64)
    Executive VP & Chief Operating Officer
  • Mr. Robert TelesmanicMr. Robert Telesmanic (Age 57)
    Senior VP, Corporate Controller & Chief Accounting Officer
  • Mr. Tyler J. Scott
    Vice President of Investor Relations
  • Mr. Jeff DeMarrais
    Chief Communications Officer
  • Mr. Gaurav Chand
    Executive VP & Chief Marketing Officer

Should I Buy Cognizant Technology Solutions Stock? CTSH Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cognizant Technology Solutions Co.:

  • Cognizant Technology Solutions Corporation is a professional services company that provides consulting and technology services globally.
  • The company operates in various segments including Financial Services, Health Sciences, Products, and Resources, which diversifies its revenue streams.
  • Cognizant has a strong track record of delivering innovative solutions to its clients, which can lead to long-term partnerships and revenue growth.
  • Recent developments in the company's technology offerings have positioned it well in the market, attracting new clients and expanding its market share.
  • The current stock price of Cognizant Technology Solutions Co. is favorable for investors looking for potential growth opportunities.

Cons

Investors should be bearish about investing in Cognizant Technology Solutions Co. for these reasons:

  • While the company has shown growth potential, it also faces competition from other major players in the industry, which could impact its market position.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Cognizant Technology Solutions pros and cons to contact@marketbeat.com.

CTSH Stock Analysis - Frequently Asked Questions

How have CTSH shares performed this year?

Cognizant Technology Solutions' stock was trading at $75.53 at the beginning of the year. Since then, CTSH shares have decreased by 10.0% and is now trading at $68.00.
View the best growth stocks for 2024 here
.

How were Cognizant Technology Solutions' earnings last quarter?

Cognizant Technology Solutions Co. (NASDAQ:CTSH) issued its earnings results on Wednesday, May, 1st. The information technology service provider reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.01. The firm's revenue was down 1.1% compared to the same quarter last year.
Read the conference call transcript
.

When did Cognizant Technology Solutions' stock split?

Cognizant Technology Solutions shares split before market open 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 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.

What is Brian Humphries' approval rating as Cognizant Technology Solutions' CEO?

5,992 employees have rated Cognizant Technology Solutions Chief Executive Officer Brian Humphries on Glassdoor.com. Brian Humphries has an approval rating of 75% among the company's employees.

Does Cognizant Technology Solutions have any subsidiaries?

Cognizant Technology Solutions subsidiaries include these companies: Devbridge, HUNTER Technical Resources, Cognizant Life Sciences Manufacturing, ESG Mobility, Servian, Magenic, Linium LLC, and more.

Who are Cognizant Technology Solutions' major shareholders?

Cognizant Technology Solutions' top institutional investors include DNB Asset Management AS (0.02%), First Hawaiian Bank (0.01%), Bank of New Hampshire and GAMMA Investing LLC. Insiders that own company stock include Michael Patsalos-Fox, Leo S Jr Mackay, Zein Abdalla, Kathryn Diaz, Robert C Walker, Andrew J Stafford, Maureen Breakiron-Evans, Rajesh Nambiar, Becky Schmitt and Robert Telesmanic.
View institutional ownership trends
.

How do I buy shares of Cognizant Technology Solutions?

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.

What other stocks do shareholders of Cognizant Technology Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cognizant Technology Solutions investors own include Hawkins (HWKN), NVIDIA (NVDA), Netflix (NFLX), Xtrackers California Municipal Bond ETF (CA), Walt Disney (DIS), Intel (INTC) and Micron Technology (MU).

This page (NASDAQ:CTSH) was last updated on 7/8/2024 by MarketBeat.com Staff

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