On Tuesday, Cognizant Technology Solutions Corp. (NASDAQ: CTSH) was -2.12% drop from the session before settling in for the closing price of $77.87. A 52-week range for CTSH has been $62.14 – $80.27.
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Technology Sector giant saw their annual sales surged by 3.81% over the last five years. When this article was written, the company’s average yearly earnings per share was at 1.64%. With a float of $494.63 million, this company’s outstanding shares have now reached $498.00 million.
The firm has a total of 347700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 32.41%, operating margin of 15.1%, and the pretax margin is 15.12%.
Cognizant Technology Solutions Corp. (CTSH) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cognizant Technology Solutions Corp. stocks. The insider ownership of Cognizant Technology Solutions Corp. is 0.21%, while institutional ownership is 98.52%. The most recent insider transaction that took place on Aug 06 ’24, was worth 495,584. In this transaction Chief Executive Officer of this company sold 6,728 shares at a rate of $73.66, taking the stock ownership to the 46,427 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Officer proposed sale 6,728 for $73.66, making the entire transaction worth $495,557.
Cognizant Technology Solutions Corp. (CTSH) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.16 earnings per share (EPS) during the time that was better than consensus figure (set at 1.09) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.28% during the next five years compared to 3.19% growth over the previous five years of trading.
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) Trading Performance Indicators
You can see what Cognizant Technology Solutions Corp. (CTSH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.96. Likewise, its price to free cash flow for the trailing twelve months is 23.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.39, a number that is poised to hit 1.15 in the next quarter and is forecasted to reach 4.97 in one year’s time.
Technical Analysis of Cognizant Technology Solutions Corp. (CTSH)
Analysing the last 5-days average volume posted by the [Cognizant Technology Solutions Corp., CTSH], we can find that recorded value of 2.29 million was lower than the volume posted last year of 3.94 million. As of the previous 9 days, the stock’s Stochastic %D was 71.60%. Additionally, its Average True Range was 1.28.
During the past 100 days, Cognizant Technology Solutions Corp.’s (CTSH) raw stochastic average was set at 75.42%, which indicates a significant increase from 41.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.82% in the past 14 days, which was lower than the 20.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.85, while its 200-day Moving Average is $72.76. Now, the first resistance to watch is $77.72. This is followed by the second major resistance level at $79.22. The third major resistance level sits at $80.16. If the price goes on to break the first support level at $75.27, it is likely to go to the next support level at $74.33. Now, if the price goes above the second support level, the third support stands at $72.83.
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) Key Stats
There are 497,199K outstanding shares of the company, which has a market capitalization of 37.78 billion. As of now, sales total 19,353 M while income totals 2,126 M. Its latest quarter income was 4,850 M while its last quarter net income were 566,000 K.
