Cognizant Technology Solutions Stock Today

CTSH Stock  USD 80.75  0.31  0.38%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Cognizant Technology is trading at 80.75 as of the 28th of November 2024. This is a 0.38% down since the beginning of the trading day. The stock's open price was 81.06. Cognizant Technology has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Cognizant Technology's common stock.
Business Domain
Software & Services
IPO Date
19th of June 1998
Category
Technology
Classification
Information Technology
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. The company was founded in 1994 and is headquartered in Teaneck, New Jersey. The company has 495.82 M outstanding shares of which 15.49 M shares are currently shorted by private and institutional investors with about 5.18 trading days to cover. More on Cognizant Technology Solutions

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Cognizant Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorRavi Singisetti
Thematic Ideas
(View all Themes)
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, SP 500 Index, NASDAQ Composite, NASDAQ 100 Pre, NASDAQ 100 Technology, Nasdaq 100, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, Baby Boomer Prospects, Technology, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.150.115
Significantly Up
Slightly volatile
Asset Turnover1.171.0471
Moderately Up
Very volatile
Gross Profit Margin0.460.3456
Significantly Up
Slightly volatile
Total Current Liabilities3.5 B3.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets19.4 B18.5 B
Sufficiently Up
Slightly volatile
Total Current Assets4.4 B7.5 B
Way Down
Slightly volatile
Total Cash From Operating Activities1.3 B2.3 B
Way Down
Slightly volatile
Debt Levels
Cognizant Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cognizant Technology's financial leverage. It provides some insight into what part of Cognizant Technology's total assets is financed by creditors.
Liquidity
Cognizant Technology Solutions currently holds 1.31 B in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Cognizant Technology has a current ratio of 2.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Cognizant Technology's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(179.55 Million)
Cognizant Technology Solutions (CTSH) is traded on NASDAQ Exchange in USA. It is located in 300 Frank West Burr Boulevard, Teaneck, NJ, United States, 07666 and employs 340,100 people. Cognizant Technology is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 40.19 B. Cognizant Technology conducts business under IT Services sector and is part of Information Technology industry. The entity has 495.82 M outstanding shares of which 15.49 M shares are currently shorted by private and institutional investors with about 5.18 trading days to cover. Cognizant Technology Solutions currently holds about 2.73 B in cash with 2.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.31.
Check Cognizant Technology Probability Of Bankruptcy
Ownership Allocation
Cognizant Technology holds a total of 495.82 Million outstanding shares. The majority of Cognizant Technology Solutions outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cognizant Technology to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cognizant Technology. Please pay attention to any change in the institutional holdings of Cognizant Technology Solutions as this could imply that something significant has changed or is about to change at the company. On September 6, 2024, Representative John James of US Congress acquired under $15k worth of Cognizant Technology's common stock.
Check Cognizant Ownership Details

Cognizant Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
10.8 M
First Trust Advisors L.p.2024-06-30
M
Macquarie Group Ltd2024-06-30
7.6 M
Norges Bank2024-06-30
6.5 M
Wellington Management Company Llp2024-06-30
6.1 M
Dimensional Fund Advisors, Inc.2024-09-30
5.6 M
Legal & General Group Plc2024-06-30
5.3 M
Goldman Sachs Group Inc2024-06-30
5.3 M
Bank Of America Corp2024-06-30
5.2 M
Vanguard Group Inc2024-09-30
58.5 M
Blackrock Inc2024-06-30
53 M
View Cognizant Technology Diagnostics

Cognizant Technology Historical Income Statement

As of now, Cognizant Technology's Total Revenue is increasing as compared to previous years. The Cognizant Technology's current Gross Profit is estimated to increase to about 7 B, while Income Tax Expense is projected to decrease to under 369.8 M. View More Fundamentals

Cognizant Stock Against Markets

Cognizant Technology Corporate Management

Katie CFAGlobal RelationsProfile
Rajesh MCAChairman VPProfile
Anil CheriyanEx TechnologyProfile
Balu AyyarAutomation OperationsProfile
When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:
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Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.125
Dividend Share
1.2
Earnings Share
4.52
Revenue Per Share
38.96
Quarterly Revenue Growth
0.03
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.