Cognizant Technology Solutions Corporation (CTSH) 14-day ATR is 1.71: This Stock is Set to Soar Above its Peers


Cognizant Technology Solutions Corporation (NASDAQ: CTSH) started the day on November 23, 2022, with a price increase of 1.35% at $60.03. During the day, the stock rose to $60.305 and sunk to $59.02 before settling in for the price of $59.23 at the close. Taking a more long-term approach, CTSH posted a 52-week range of $51.33-$93.47.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 6.50%. Meanwhile, its Annual Earning per share during the time was 9.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 57.30%. This publicly-traded company’s shares outstanding now amounts to $516.00 million, simultaneously with a float of $512.93 million. The organization now has a market capitalization sitting at $30.59 billion. At the time of writing, stock’s 50-day Moving Average stood at $59.16, while the 200-day Moving Average is $71.85.

Let’s gauge the efficiency of the firm, which has a total of 349400 employees. For the Profitability, stocks gross margin was +33.90, operating margin was +14.93 and Pretax Margin of +15.28.

Cognizant Technology Solutions Corporation (CTSH) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Information Technology Services Industry. Cognizant Technology Solutions Corporation’s current insider ownership accounts for 0.10%, in contrast to 93.50% institutional ownership. According to the most recent insider trade that took place on Nov 07, this organization’s Director sold 3,300 shares at the rate of 52.79, making the entire transaction reach 174,218 in total value, affecting insider ownership by 28,310. Preceding that transaction, on Sep 09, Company’s Director sold 4,368 for 65.44, making the whole transaction’s value amount to 285,846. This particular insider is now the holder of 13,556 in total.

Cognizant Technology Solutions Corporation (CTSH) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 6/29/2022, the organization reported $1.14 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1.08) by $0.06. This company achieved a net margin of +11.55 while generating a return on equity of 18.72. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.

Cognizant Technology Solutions Corporation’s EPS increase for this current 12-month fiscal period is 57.30% and is forecasted to reach 4.71 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.44% through the next 5 years, which can be compared against the 9.70% growth it accomplished over the previous five years trading on the market.

Cognizant Technology Solutions Corporation (NASDAQ: CTSH) Trading Performance Indicators

Let’s observe the current performance indicators for Cognizant Technology Solutions Corporation (CTSH). It’s Quick Ratio in the last reported quarter now stands at 2.30. The Stock has managed to achieve an average true range (ATR) of 1.71. Alongside those numbers, its PE Ratio stands at $13.37, and its Beta score is 1.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.58. Similarly, its price to free cash flow for trailing twelve months is now 16.70.

In the same vein, CTSH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.49, a figure that is expected to reach 1.06 in the next quarter, and analysts are predicting that it will be 4.71 at the market close of one year from today.

Technical Analysis of Cognizant Technology Solutions Corporation (CTSH)

If we take a close look at the recent performances of Cognizant Technology Solutions Corporation (NASDAQ: CTSH), its last 5-days Average volume was 3.73 million that shows progress from its year to date volume of 3.3 million. During the previous 9 days, stock’s Stochastic %D was recorded 76.61% While, its Average True Range was 1.71.


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