Shares of Cognizant Technology Solutions have moved 1.2% today, and are now trading at a price of $74.7. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 2,847,719 compared to the stock's average volume of 3,739,170.
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 344,400 full time employees and a market cap of $37,140,762,624. Cognizant Technology Solutions currently offers its equity investors a dividend that yields 1.6% per year.
The company is now trading -1.54% away from its average analyst target price of $75.87 per share. The 22 analysts following the stock have set target prices ranging from $65.0 to $92.0, and on average give Cognizant Technology Solutions a rating of hold.
Over the last 52 weeks, CTSH stock has risen 11.9%, which amounts to a -11.3% difference compared to the S&P 500. The stock's 52 week high is $80.09 whereas its 52 week low is $62.14 per share. With its net margins declining an average -2.8% over the last 6 years, Cognizant Technology Solutions may not have a strong enough profitability trend to support its stock price.
Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2023 | 19,353,000 | 2,126,000 | 11 | -8.33 |
2022 | 19,428,000 | 2,290,000 | 12 | 0.0 |
2021 | 18,507,000 | 2,137,000 | 12 | 50.0 |
2020 | 16,652,000 | 1,392,000 | 8 | -27.27 |
2019 | 16,783,000 | 1,842,000 | 11 | -15.38 |
2018 | 16,125,000 | 2,101,000 | 13 |