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Cognizant Technology Solutions Corp (NASDAQ: CTSH) closed the day trading at $75.91 down -0.62% from the previous closing price of $76.38. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 3.25 million shares were traded. CTSH stock price reached its highest trading level at $77.22 during the session, while it also had its lowest trading level at $75.645.
Ratios:
For a better understanding of CTSH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.82. For the most recent quarter (mrq), Quick Ratio is recorded 2.23 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on December 17, 2024, Upgraded its rating to Overweight and sets its target price to $95 from $80 previously.
BofA Securities Upgraded its Underperform to Neutral on August 07, 2024, whereas the target price for the stock was revised from $73 to $75.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when Dalal Jatin P sold 4,900 shares for $81.19 per share. The transaction valued at 397,854 led to the insider holds 12,756 shares of the business.
Dalal Jatin P sold 100 shares of CTSH for $8,100 on Dec 09 ’24. The Chief Financial Officer now owns 12,656 shares after completing the transaction at $81.00 per share. On Dec 05 ’24, another insider, Diaz Kathryn, who serves as the EVP, Chief People Officer of the company, sold 3,821 shares for $80.83 each. As a result, the insider received 308,871 and left with 11,293 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTSH now has a Market Capitalization of 37871046656 and an Enterprise Value of 37476020224. As of this moment, Cognizant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.79, and their Forward P/E ratio for the next fiscal year is 15.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 1.931 whereas that against EBITDA is 10.8.
Stock Price History:
The Beta on a monthly basis for CTSH is 1.06, which has changed by 0.044013143 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, CTSH has reached a high of $82.46, while it has fallen to a 52-week low of $63.79. The 50-Day Moving Average of the stock is -3.54%, while the 200-Day Moving Average is calculated to be 3.20%.
Shares Statistics:
Over the past 3-months, CTSH traded about 3.06M shares per day on average, while over the past 10 days, CTSH traded about 2639850 shares per day. A total of 496.00M shares are outstanding, with a floating share count of 494.80M. Insiders hold about 0.21% of the company’s shares, while institutions hold 96.61% stake in the company. Shares short for CTSH as of 1734048000 were 17991667 with a Short Ratio of 5.88, compared to 1731628800 on 16085086. Therefore, it implies a Short% of Shares Outstanding of 17991667 and a Short% of Float of 4.64.
Dividends & Splits
CTSH’s forward annual dividend rate is 1.20, up from 1.2 a year ago. Against a Trailing Annual Dividend Yield of 0.01571092The stock’s 5-year Average Dividend Yield is 1.47. The current Payout Ratio is 27.55% for CTSH, which recently paid a dividend on 2024-08-20 with an ex-dividend date of 1731974400. Stock splits for the company last occurred on 2014-03-10 when the company split stock in a 2:1 ratio.
