Shares of Technology sector company Cognizant Technology Solutions moved -0.2% today, and are now trading at a price of $71.55. The Large-Cap stock's daily volume was 908,278 compared to its average volume of 4,339,998. The S&P 500 index returned a -0.0% performance.
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. The company is based in Teaneck and has 336,800 full time employees. Its market capitalization is $34,556,235,776. Cognizant Technology Solutions currently offers its equity investors a dividend that yields 0.4% per year.
23 analysts are following Cognizant Technology Solutions and have set target prices ranging from $70.0 to $103.0 per share. On average, they have given the company a rating of buy. At today's prices, CTSH is trading -15.52% away from its average analyst target price of $84.69 per share.
Over the last year, CTSH shares have gone down by -3.9%, which represents a difference of -24.7% when compared to the S&P 500. The stock's 52 week high is $90.82 per share and its 52 week low is $65.15. Although Cognizant Technology Solutions's average free cash flow over the last 5 years has been $2.22 Billion, they have been decreasing at an average rate of -6.1%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 2,124,000 | 297,000 | 1,827,000 | -9.24 |
| 2023 | 2,330,000 | 317,000 | 2,013,000 | -9.97 |
| 2022 | 2,568,000 | 332,000 | 2,236,000 | 0.9 |
| 2021 | 2,495,000 | 279,000 | 2,216,000 | -23.61 |
| 2020 | 3,299,000 | 398,000 | 2,901,000 | 37.68 |
| 2019 | 2,499,000 | 392,000 | 2,107,000 |
