Market Inference Reports -- CTSH Stock

Large-cap Technology company Cognizant Technology Solutions has logged a -0.9% change today on a trading volume of 1,180,421. The average volume for the stock is 3,478,676.

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. Based in Teaneck, United States the company has 345,600 full time employees and a market cap of $34,118,043,648. Cognizant Technology Solutions currently offers its equity investors a dividend that yields 1.7% per year.

The company is now trading -5.32% away from its average analyst target price of $71.35 per share. The 23 analysts following the stock have set target prices ranging from $60.0 to $89.0, and on average give Cognizant Technology Solutions a rating of hold.

Over the last 52 weeks, CTSH stock has risen 19.0%, which amounts to a -4.0% difference compared to the S&P 500. The stock's 52 week high is $72.71 whereas its 52 week low is $51.33 per share. Based on Cognizant Technology Solutions's average net margin growth of 2.8% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023-02-15 19,428,000 2,290,000 12 0.0
2022-02-16 18,507,000 2,137,000 12 50.0
2021-02-12 16,652,000 1,392,000 8 -27.27
2020-02-14 16,783,000 1,842,000 11 -15.38
2019-02-19 16,125,000 2,101,000 13 30.0
2018-02-27 14,810,000 1,504,000 10
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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