Cognizant Technology Solutions Corp (NASDAQ: CTSH) kicked off on Tuesday, up 0.77% from the previous trading day, before settling in for the closing price of $82.90. Over the past 52 weeks, CTSH has traded in a range of $63.79-$83.47.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 3.74%. While this was happening, its average annual earnings per share was recorded 2.30%. With a float of $494.75 million, this company’s outstanding shares have now reached $496.00 million.
Considering the fact that the conglomerate employs 347700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 31.7%, operating margin of 15.25%, and the pretax margin is 15.18%.
Cognizant Technology Solutions Corp (CTSH) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Cognizant Technology Solutions Corp is 0.22%, while institutional ownership is 96.43%. The most recent insider transaction that took place on Dec 06 ’24, was worth 397,854. In this transaction Chief Financial Officer of this company sold 4,900 shares at a rate of $81.19, taking the stock ownership to the 12,756 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Chief Financial Officer sold 100 for $81.00, making the entire transaction worth $8,100. This insider now owns 12,656 shares in total.
Cognizant Technology Solutions Corp (CTSH) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.93% 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
Take a look at Cognizant Technology Solutions Corp’s (CTSH) current performance indicators. Last quarter, stock had a quick ratio of 2.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 25.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.52, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 4.97 in one year’s time.
Technical Analysis of Cognizant Technology Solutions Corp (CTSH)
Compared to the last year’s volume of 2.77 million, its volume of 3.16 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.20%. Additionally, its Average True Range was 1.49.
During the past 100 days, Cognizant Technology Solutions Corp’s (CTSH) raw stochastic average was set at 96.04%, which indicates a significant increase from 94.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.74% in the past 14 days, which was lower than the 20.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.39, while its 200-day Moving Average is $74.34. Nevertheless, the first resistance level for the watch stands at $84.21 in the near term. At $84.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $85.79. If the price goes on to break the first support level at $82.63, it is likely to go to the next support level at $81.72. Now, if the price goes above the second support level, the third support stands at $81.05.
Cognizant Technology Solutions Corp (NASDAQ: CTSH) Key Stats
The company with the Market Capitalisation of 41.42 billion has total of 495,824K Shares Outstanding. Its annual sales at the moment are 19,353 M in contrast with the sum of 2,126 M annual income. Company’s last quarter sales were recorded 5,044 M and last quarter income was 582,000 K.
