On Tuesday, Cognizant Technology Solutions Corp (NASDAQ: CTSH) was -2.13% drop from the session before settling in for the closing price of $90.70. A 52-week range for CTSH has been $63.79 – $90.82.
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During the last 5-year period, the sales growth of Technology Sector giant was 3.39%. When this article was written, the company’s average yearly earnings per share was at 5.37%. With a float of $491.76 million, this company’s outstanding shares have now reached $495.00 million.
Let’s determine the extent of company efficiency that accounts for 347700 employees. In terms of profitability, gross margin is 32.35%, operating margin of 14.92%, and the pretax margin is 14.89%.
Cognizant Technology Solutions Corp (CTSH) Insider Activity
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 0.58%, while institutional ownership is 96.82%. The most recent insider transaction that took place on Feb 11 ’25, was worth 139,856. In this transaction Director of this company sold 1,600 shares at a rate of $87.41, taking the stock ownership to the 29,376 shares. Before that another transaction happened on Feb 11 ’25, when Company’s Director proposed sale 1,600 for $87.41, making the entire transaction worth $139,856.
Cognizant Technology Solutions Corp (CTSH) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 5.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.50% during the next five years compared to 6.52% 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 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22. Likewise, its price to free cash flow for the trailing twelve months is 24.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.51, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 5.39 in one year’s time.
Technical Analysis of Cognizant Technology Solutions Corp (CTSH)
Looking closely at Cognizant Technology Solutions Corp (NASDAQ: CTSH), its last 5-days average volume was 4.15 million, which is a jump from its year-to-date volume of 3.27 million. As of the previous 9 days, the stock’s Stochastic %D was 91.50%. Additionally, its Average True Range was 1.73.
During the past 100 days, Cognizant Technology Solutions Corp’s (CTSH) raw stochastic average was set at 88.42%, which indicates a significant increase from 79.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.71% in the past 14 days, which was higher than the 21.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.77, while its 200-day Moving Average is $75.26. However, in the short run, Cognizant Technology Solutions Corp’s stock first resistance to watch stands at $89.83. Second resistance stands at $90.90. The third major resistance level sits at $91.79. If the price goes on to break the first support level at $87.87, it is likely to go to the next support level at $86.98. Should the price break the second support level, the third support level stands at $85.91.
Cognizant Technology Solutions Corp (NASDAQ: CTSH) Key Stats
There are 495,824K outstanding shares of the company, which has a market capitalization of 43.91 billion. As of now, sales total 19,736 M while income totals 2,240 M. Its latest quarter income was 5,082 M while its last quarter net income were 546,000 K.