Join us for a quick overview of Cognizant Technology Solutions, a Data Processing Services company whose shares moved 0.0% today. Here are some facts about the stock that should help you see the bigger picture:
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Cognizant Technology Solutions has moved 23.0% over the last year, and the S&P 500 logged a change of 18.0%
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CTSH has an average analyst rating of hold and is -9.19% away from its mean target price of $72.45 per share
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Its trailing earnings per share (EPS) is $4.1
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Cognizant Technology Solutions has a trailing 12 month Price to Earnings (P/E) ratio of 16.0 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $4.68 and its forward P/E ratio is 14.1
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The company has a Price to Book (P/B) ratio of 2.56 in contrast to the S&P 500's average ratio of 2.95
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Cognizant Technology Solutions is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23
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CTSH has reported YOY quarterly earnings growth of -14.7% and gross profit margins of 0.3%
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The company has a free cash flow of $1.99 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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 offers customer experience enhancement, 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 also provides solution to manufacturers, automakers, retailers and travel and hospitality companies, as well as companies providing logistics, energy and utility services; and digital content, the creation of personalized user experience, and acceleration of digital engineering services to communications, media and entertainment, education, and information services and technology companies. The company has a strategic partnership with ServiceNow, Inc. to accelerate adoption of AI-driven automation across industries. The company was founded in 1994 and is headquartered in Teaneck, New Jersey.