Witnessing the stock’s movement on the chart, on Thursday, Cognizant Technology Solutions Corp (NASDAQ: CTSH) set off with pace as it heaved 0.50% to $79.89, before settling in for the price of $79.49 at the close. Taking a more long-term approach, CTSH posted a 52-week range of $63.79-$82.46.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 3.81%. Meanwhile, its Annual Earning per share during the time was 3.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.31%. This publicly-traded company’s shares outstanding now amounts to $496.00 million, simultaneously with a float of $494.79 million. The organization now has a market capitalization sitting at $39.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.71, while the 200-day Moving Average is $73.52.
Cognizant Technology Solutions Corp (CTSH) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Information Technology Services industry. Cognizant Technology Solutions Corp’s current insider ownership accounts for 0.21%, in contrast to 96.70% institutional ownership. According to the most recent insider trade that took place on Dec 06 ’24, this organization’s Chief Financial Officer sold 4,900 shares at the rate of 81.19, making the entire transaction reach 397,854 in total value, affecting insider ownership by 12,756. Preceding that transaction, on Dec 09 ’24, Company’s Chief Financial Officer sold 100 for 81.00, making the whole transaction’s value amount to 8,100. This particular insider is now the holder of 12,656 in total.
Cognizant Technology Solutions Corp (CTSH) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.19 per share during the current fiscal year.
Cognizant Technology Solutions Corp’s EPS increase for this current 12-month fiscal period is 2.31% and is forecasted to reach 4.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.58% 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 2.23. The Stock has managed to achieve an average true range (ATR) of 1.41. Alongside those numbers, its PE Ratio stands at $17.67, 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 2.04. Similarly, its price to free cash flow for trailing twelve months is now 24.02.
In the same vein, CTSH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.52, a figure that is expected to reach 1.12 in the next quarter, and analysts are predicting that it will be 4.98 at the market close of one year from today.
Technical Analysis of Cognizant Technology Solutions Corp (CTSH)
Going through the that latest performance of [Cognizant Technology Solutions Corp, CTSH]. Its last 5-days volume of 2.88 million was inferior to the volume of 3.72 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 32.78% While, its Average True Range was 1.41.
Raw Stochastic average of Cognizant Technology Solutions Corp (CTSH) in the period of the previous 100 days is set at 75.91%, which indicates a major rise in contrast to 39.10% 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 19.33% that was lower than 20.06% volatility it exhibited in the past 100-days period.
