Cognizant Technology Solutions Corp. (NASDAQ: CTSH) flaunted slowness of -1.55% at $74.35, before settling in for the price of $75.52 at the close. Taking a more long-term approach, CTSH posted a 52-week range of $62.14-$80.27.
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It was noted that the giant of the Technology sector posted annual sales growth of 3.81% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 3.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.44%. This publicly-traded company’s shares outstanding now amounts to $498.00 million, simultaneously with a float of $494.63 million. The organization now has a market capitalization sitting at $36.85 billion. At the time of writing, stock’s 50-day Moving Average stood at $76.41, while the 200-day Moving Average is $73.16.
Cognizant Technology Solutions Corp. (CTSH) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Cognizant Technology Solutions Corp. industry. Cognizant Technology Solutions Corp.’s current insider ownership accounts for 0.21%, in contrast to 99.12% institutional ownership. According to the most recent insider trade that took place on Aug 06 ’24, this organization’s Chief Executive Officer sold 6,728 shares at the rate of 73.66, making the entire transaction reach 495,584 in total value, affecting insider ownership by 46,427.
Cognizant Technology Solutions Corp. (CTSH) Earnings and Revenue Records
Cognizant Technology Solutions Corp.’s EPS increase for this current 12-month fiscal period is 1.44% and is forecasted to reach 4.97 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.95% through the next 5 years, which can be compared against the 3.19% growth it accomplished over the previous five years trading on the market.
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) Trading Performance Indicators
Let’s observe the current performance indicators for Cognizant Technology Solutions Corp. (CTSH). It’s Quick Ratio in the last reported quarter now stands at 2.46. The Stock has managed to achieve an average true range (ATR) of 1.18. Alongside those numbers, its PE Ratio stands at $16.95, and its Beta score is 1.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.91. Similarly, its price to free cash flow for trailing twelve months is now 22.85.
In the same vein, CTSH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.39, a figure that is expected to reach 1.18 in the next quarter, and analysts are predicting that it will be 4.97 at the market close of one year from today.
Technical Analysis of Cognizant Technology Solutions Corp. (CTSH)
Now, what If we examine the latest scores posted by [Cognizant Technology Solutions Corp., CTSH]. During the last 5-days, its volume was better the volume of 3.82 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 13.33% While, its Average True Range was 1.17.
Raw Stochastic average of Cognizant Technology Solutions Corp. (CTSH) in the period of the previous 100 days is set at 64.08%, which indicates a major rise in contrast to 2.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.65% that was lower than 20.26% volatility it exhibited in the past 100-days period.
