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CTSH Company Profile and Key Details

NASDAQ : CTSH

Cognizant Technology Solutions

$42.43
-1.51-3.44%
At Close 4:00 PM
67.1
BESG ScoreESG Rating

Price Chart

Stock Price Today

Cognizant Technology Solutions Corporation (CTSH) stock declined over -3.44%, trading at $42.43 on NASDAQ, down from the previous close of $43.94. The stock opened at $43.55, fluctuating between $42.38 and $43.79 in the recent session.

Stock Snapshot

43.94
Prev. Close
20.11B
Market Cap
42.38
Day Low
7.79
P/E Ratio
5.45
EPS (TTM)
4.03
Cash Flow per Share
43.55
Open
473.87M
Number of Shares
43.785
Day High
99.7%
Free Float in %
26.45
Book Value
7.59M
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Jul 08, 202643.2143.7942.3942.4312.8M
Jul 07, 202642.5044.1242.5043.9410.53M
Jul 06, 202641.5242.3140.9041.379.63M
Jul 02, 202641.7042.5941.4141.999.48M
Jul 01, 202639.7041.7139.2941.0711.94M
Jun 30, 202638.3739.0137.0838.739.94M
Jun 29, 202640.6241.0338.6838.7410.05M
Jun 26, 202639.2140.6339.1140.0313.55M
Jun 25, 202641.2041.6138.9739.1514.77M
Jun 24, 202640.9642.7840.9641.4416.86M
Jun 23, 202642.3742.7040.9040.9524.07M
Jun 22, 202643.0144.5740.7741.8321.91M
Jun 18, 202646.2446.4443.4143.7060.75M
Jun 17, 202649.9650.9748.4948.8211.87M
Jun 16, 202650.8051.6050.4151.059.7M
Jun 15, 202652.1352.1350.0850.8211.57M
Jun 12, 202651.4852.3150.4352.176.68M
Jun 11, 202650.7751.6849.6651.187.8M
Jun 10, 202652.3453.2751.5851.816.81M
Jun 09, 202652.5053.7152.2052.946.97M

Contact Details

Teaneck, NJ 07666

United States

https://www.cognizant.com201 801 0233

About Company

Cognizant Technology Solutions Corporation functions as a global professional services firm, delivering a comprehensive suite of consulting, technology, and outsourcing solutions across North America, Europe, and other international markets. Its operations are structured into four primary divisions: Financial Services, Healthcare, Products and Resources, and Communications, Media and Technology. Within the Financial Services sector, Cognizant provides advanced services such as enhancing customer experiences, implementing robotic process automation (RPA), and leveraging analytics and artificial intelligence (AI) to address needs in areas like digital lending, fraud prevention, and modern payment systems. For its Healthcare clients, the company focuses on navigating industry shifts toward consumer-centric models, outcome-based agreements, and digital health initiatives, striving to deliver an integrated, seamless, and patient-focused omnichannel experience. Furthermore, Cognizant assists in optimizing operations across various functions, including clinical development, pharmacovigilance, manufacturing, claims management, enrollment procedures, membership administration, and billing processes. Its clientele in this domain spans healthcare providers, payers, and life sciences organizations, encompassing pharmaceutical, biotechnology, and medical device firms. In the Products and Resources segment, the company develops solutions tailored for manufacturers, retailers, and entities within the travel and hospitality sectors, alongside those engaged in logistics, energy, and utility services. Within the Communications, Media and Technology division, Cognizant supports businesses in creating digital content, crafting personalized user experiences, and expediting digital engineering efforts. This includes serving information, media, entertainment, communications, and technology enterprises. Established in 1994, the company maintains its primary corporate office in Teaneck, New Jersey.

Company Information

Employees336300
Beta0.81
Sales or Revenue$19.35B
5Y Sales Change%0.383%
Fiscal Year EndsDecember
SectorTechnology
IndustryInformation Technology Services

Company Overview

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) closed at $42.43 USD, losing -$1.51 (-3.44%) from the previous close of $43.94. The stock is currently mid-range between its 52-week high and low $37.08 and $87.03. With a market capitalization of about $20.11 billion, Cognizant Technology Solutions Corporation is classified as a large-cap and shows market-like volatility (beta ~0.86). Key stats such as the average daily volume over the past year has been around 10.13 million shares, in line with its 52-week average. Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corporation operates in the Technology sector and the Information Technology Services industry. Led by CEO Ravi Kumar Singisetti, the company employs approximately 336,300 people and listed since June 19, 1998. Cognizant Technology Solutions Corporation functions as a global professional services firm, delivering a comprehensive suite of consulting, technology, and outsourcing solutions across North America, Europe, and other international markets.

Technical Performance

Short-term trend indicators are mixed aligned (SMA20 -8.2%, SMA50 -17.69%, SMA200 -13.72%). The stock’s 14-day RSI is 34.72 (weak momentum), while the ATR of 2.84 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -25.35% below its high and over 8.22% above its low. Average 10-day trading volume of 10.62 million shares is in line with the 3-month average of 10.14 million, indicating normal recent market interest.

Dividend & Fair Value

Cognizant Technology Solutions Corporation last paid a dividend of 1.28 per share, this equals a trailing yield of roughly 1.55%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $102.59. This means the shares are trading below this model’s fair value.

Shareholding & Insider Activity

Cognizant Technology Solutions Corporation has 488.40 million shares outstanding. The public float is 486.96 million shares, elevated short interest at 6.73% of float. This equals 25.14 million shares. The short ratio is 5.69 days. Institutional investors hold 108.86% of the float. Insiders own 0.12%. DSOUZA FRANCISCO holds 150.77 thousand shares, KLEIN JOHN E has 107.87 thousand shares and Singisetti Ravi Kumar has 75.21 thousand shares. Over the past six months, insider transactions show net selling. They sold 2.64 thousand shares across 7 transactions.

Financial & Profitability Overview

Over the trailing twelve months, Cognizant Technology Solutions generated $19.35B in revenue, or $38.32 per share. Gross margin was 32.00%, operating margin 15.21%, and net profit margin 10.99%. Returns are healthy, with ROA at 11.50% and ROE at 16.07%.
On valuation metrics, Cognizant Technology Solutions trades at a P/E of 9.26, P/S of 0.94 and P/B of 1.35. The current ratio is 2.23 and quick ratio is 2.23. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 69.48 days. Debt-to-equity is 0.07, supported by a cash flow-to-debt ratio of 2.52.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Cognizant Technology Solutions posted revenue of $19.35B, down slightly from $19.43B in the prior quarter. Gross profit was $6.19B (margin 32.00%). Operating income was $2.94B (margin 15.2%). Net income was$2.13B (EPS $4.21).
The company ended the quarter with $2.64B in cash and short-term investments, a total debt of $1.32B, and net debt of - $472.00M. Total assets were $18.48B, with equity of $13.23B. Financials further reflected stability, with operating cash flow of $2.33B, free cash flow of $2.01B, and capital expenditures of - $317.00M.

Frequently Asked Questions

What is the current Cognizant Technology Solutions Corporation (CTSH) stock price?
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) stock price is $42.43 in the last trading session. During the trading session, CTSH stock reached the peak price of $43.79 while $42.38 was the lowest point it dropped to. The percentage change in CTSH stock occurred in the recent session was -3.44% while the dollar amount for the price change in CTSH stock was - $1.51.
CTSH's industry and sector of operation?
The NASDAQ listed CTSH is part of Information Technology Services industry that operates in the broader Technology sector. Cognizant Technology Solutions Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of CTSH?
Ms. Rashmi Vasisht
Vice President of Corporation Communications
Mr. Rajesh Nambiar MCA
Executive Vice President, Chairman & Managing Director of Cognizant India
Mr. Balu Ganesh Ayyar
Executive Vice President and Pres of Intuitive Operations & Automation
Mr. Srinivasan Veeraraghavachary
Executive Vice President & Chief Operating Officer
Mr. John Sunshin Kim
Executive Vice President, Gen. Counsel, Chief Corporation Affairs Officer & Sec.
Mr. Robert Telesmanic
Senior Vice President, Corporation Controller & Chief Accounting Officer
Mr. Jan Siegmund
Chief Financial Officer
Ms. Katie Royce CFA
Global Head of Investor Relations
Mr. Larry Bridge
Senior Vice President of Healthcare Strategy & Corporation Devel.
Mr. Ravi Kumar S
Chief Executive Officer & Director
Mr. Anil T. Cheriyan
Executive Vice President of Strategy &Technology
Mr. Surya Gummadi
Executive Vice President & Pres of Americas
Mr. Brian Humphries
Special Advisor
Mr. Jeff DeMarrais
Chief Communications Officer
Mr. Ravi Kumar Singisetti
Chief Executive Officer & Director
How CTSH did perform over past 52-week?
CTSH's closing price is 14.43% higher than its 52-week low of $37.08 where as its distance from 52-week high of $87.03 is -51.25%.
How many employees does CTSH have?
Number of CTSH employees currently stands at 336,300.
Link for CTSH official website?
Official Website of CTSH is: https://www.cognizant.com
How do I contact CTSH?
CTSH could be contacted at phone 201 801 0233 and can also be accessed through its website. CTSH operates from 300 Frank West Burr Boulevard, Teaneck, NJ 07666, United States.
How many shares of CTSH are traded daily?
CTSH stock volume for the day was 7.59M shares. The average number of CTSH shares traded daily for last 3 months was 10.13M.
What is the market cap of CTSH currently?
The market value of CTSH currently stands at $20.11B with its latest stock price at $42.43 and 473.87M of its shares outstanding.
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