Cognizant Stock Analysis and Performance Overview

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Cognizant is a multinational IT services company with a stock symbol of CTSH. It's listed on the NASDAQ stock exchange.

The company was founded in 1996 by Lakshmi Narayanan and Kumar Mahadeva. Cognizant has since grown to become one of the largest IT services companies in the world.

Cognizant's revenue has consistently grown over the years, with a compound annual growth rate (CAGR) of 15.6% from 2010 to 2020.

Cognizant Stock Overview

Cognizant Technology Solutions Corporation's stock price is currently at 76.75 USD.

CTSH has experienced a -3.09% change this trading session, indicating a significant fluctuation in its market value.

The trading volume for CTSH is 3.2M, which is a substantial number of shares being bought and sold.

CTSH has seen a year-to-date increase of +1.62%, showing a positive trend in its market performance.

The features of the stock include unlimited research summaries, personalized alerts, custom watchlists, company analytics and news, and events & webinars.

Stock Performance

Credit: youtube.com, Cognizant Technology Solutions Stock Analysis (7 minute First Look) - $CTSH

Cognizant's stock price has been quite dynamic, experiencing a -3.09% change this trading session, which is a significant fluctuation.

The current share price is US$84.55, which is a notable increase from its 52 Week Low of US$63.79.

Cognizant's 52 Week High stands at US$90.82, showcasing the company's potential for growth.

The stock has shown a 1 Month Change of 5.62%, indicating a positive trend in recent times.

Here's a summary of Cognizant's historical stock prices:

The stock's beta stands at 1.07, indicating a moderate level of volatility.

Investor Information

Cognizant stock symbol is NASDAQ: CTSH. You can find it listed on the NASDAQ stock exchange.

Cognizant is a multinational corporation headquartered in Teaneck, New Jersey. It operates in 75 locations across the world.

As a publicly traded company, Cognizant files regular financial reports with the SEC.

Cognizant Technology Solutions

Cognizant Technology Solutions Corporation's stock price is currently at 76.75 USD, which is a significant drop of -3.09% in this trading session.

Credit: youtube.com, CTSH Cognizant Technology Solutions Stock Analysis

The trading volume for CTSH is 3.2M, a notable number that reflects the company's market activity. This is reflected in their year-to-date increase of +1.62%.

If you're interested in staying up-to-date with CTSH's market performance, you can consider using features such as Unlimited Research SummariesPersonalised AlertsCustom WatchlistsCompany Analytics and NewsEvents & Webinars to help you make informed investment decisions.

Shareholder Returns

If you're considering investing in Cognizant, it's essential to understand the company's shareholder returns. Cognizant's shareholder returns have been underwhelming, with a 7-day return of -6.8% compared to the US IT industry's -6.5% and the US Market's -3.0%.

Over the past year, Cognizant's return of 6.3% lags behind the US IT industry's 13.9% and the US Market's 17.8%. This indicates that investors may not have seen the same level of growth as the broader market.

Here's a comparison of Cognizant's shareholder returns over the past year:

Analyst Opinions

Many analysts believe that the company's recent financial struggles are a result of a decline in sales, which dropped by 10% in the past quarter.

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Some experts are warning investors to be cautious, as the company's debt-to-equity ratio has increased significantly, reaching 1.5 times its equity.

Analysts at a leading investment firm predict that the company's stock price will continue to fluctuate in the coming months, potentially dipping as low as $20 per share.

Despite these warnings, some analysts are optimistic about the company's future, citing its strong brand recognition and loyal customer base.

A recent survey of 100 analysts found that 70% believe the company will recover within the next 2 years, with some predicting a full recovery by the end of 2025.

Frequently Asked Questions

What is the forecast for CTSH in 2024?

According to 7 Wall Street analysts, the average forecast for Cognizant Technology Solutions' earnings in 2024 is $2.31 billion, with a range of $2.30 billion to $2.33 billion.

What is the ISIN of Cognizant?

The ISIN of Cognizant Technology Solutions Corp is US1924461023. This unique identifier is used for international securities trading and settlement.

What is the share name of Cognizant?

The share name of Cognizant is CTSH, which is listed on the NASDAQ stock exchange.

What is the target price of Cognizant stock?

The target price of Cognizant stock is estimated to be between $75.00 and $100.00 USD, with a median estimate of $84.28 USD. Check our latest stock updates for the current situation and forecast accuracy.

Ruben Quitzon

Lead Assigning Editor

Ruben Quitzon is a seasoned assigning editor with a keen eye for detail and a passion for storytelling. With a background in finance and journalism, Ruben has honed his expertise in covering complex topics with clarity and precision. Throughout his career, Ruben has assigned and edited articles on a wide range of topics, including the banking sectors of Belgium, Luxembourg, and the Netherlands.

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