Digging Into The Data: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)


Cognizant Technology Solutions Corporation (NASDAQ:CTSH) closed its last session at $77.43. The stock traded within a range of $76.42 and $77.90. The company operates in the Technology sector with a market capitalization of 45.68 Million. Trading volume for Cognizant Technology Solutions Corporation was 5.63 Million in its previous trading session. Currently, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has an average volume of 3.81 Million.

Company Profile

Cognizant Technology Solutions Corporation is a leading provider of custom software development, integration and maintenance services that link e-business with core information systems for companies worldwide. Cognizant operates under a high quality, high value onsite/offshore model that enables better, faster and more cost effective development and deployment of large-scale systems across a wide range of transaction intensive business needs. Its employees are committed to partnerships that sustain long-term, proven value in order to win in today’s global marketplace. Cognizant was listed as one of the Best Small Companies in America, by Forbes and as the top solutions provider and one of the top 200 Hot Companies by Business Week. Cognizant has been assessed at SEI/CMM Level 5, the highest possible rating.

Analyst Views

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) received a Buy rating from 8 analysts. 0 analysts gave its stock an Outperform rating. 4 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) touched its 1-Year High price of $79.28 on 02/07/18 and its 1-Year Low price of $57.00 on 03/09/17.

EPS & Financials

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) reported its EPS in the last quarter as $1.03/Share beating the analyst estimate of $0.97/Share by a difference of $0.06. This showed a surprise of 6.2% in the last quarter earnings.

For the current quarter, 26 analysts are projecting a mean EPS of $1.06/share. According to their observations and findings, the stock could provide a high EPS of $1.1/share and a low EPS of $1.04/share.

Analysts believe that the company has the potential to earn average revenue of $3.9 Billion for the current quarter. According to their predictions high & low revenue estimates are 3.92 Billion and 3.87 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has a 20-Day average volume of 4.3 Million. According to today’s trading volume Cognizant Technology Solutions Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.3 Percent and Institutional ownership of 91.9 Percent. The return on assets stands at 13.4%, Return on Equity currently is 17.9% and the Return on Investment value is 12.8%.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) gross margin percentage stands at 38.7% while its operating margin for the past trailing twelve month is 15.7 percent and its overall profit margin (ttm) is 12.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 1.05% with a 50-Day Simple Moving Average of 4.9 percent. As of today, the company has a SMA200 (200-day simple moving average) of 9.41 Percent. The Stock has YTD (year to date) performance of 9.03 percent.

The TTM operating margin for the company stands at 15.7%. The return on invested capital is at 12.8%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 25.81.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 9.41%, and has a solid year to date (YTD) performance of 9.03% which means that the stock is constantly adding to its value from the previous fiscal year end price.