A share price of Cognizant Technology Solutions Corp. [CTSH] is currently trading at $75.47, up 1.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CTSH shares have gain 2.36% over the last week, with a monthly amount glided 1.03%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Cognizant Technology Solutions Corp. [NASDAQ: CTSH] stock has seen the most recent analyst activity on August 07, 2024, when BofA Securities upgraded its rating to a Neutral and also boosted its price target to $75 from $73. Previously, Goldman started tracking the stock with Neutral rating on June 24, 2024, and set its price target to $72. On April 01, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $80 on the stock. Guggenheim started tracking the stock assigning a Neutral rating and suggested a price target of $80 on March 19, 2024. Mizuho initiated its recommendation with a Neutral and recommended $82 as its price target on January 30, 2024. Societe Generale downgraded its rating to Sell for this stock on January 05, 2024, but kept the price target unchanged to $67. In a note dated January 04, 2024, Wolfe Research upgraded an Peer Perform rating on this stock.
Cognizant Technology Solutions Corp. experienced fluctuations in its stock price throughout the past year between $62.14 and $80.27. Currently, Wall Street analysts expect the stock to reach $73.4 within the next 12 months. Cognizant Technology Solutions Corp. [NASDAQ: CTSH] shares were valued at $75.47 at the most recent close of the market. An investor can expect a potential drop of -2.74% based on the average CTSH price forecast.
Analyzing the CTSH fundamentals
Trailing Twelve Months sales for Cognizant Technology Solutions Corp. [NASDAQ:CTSH] were 19.27B which represents -0.74% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.16 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.86 points at the first support level, and at 74.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.91, and for the 2nd resistance point, it is at 76.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cognizant Technology Solutions Corp. [NASDAQ:CTSH] is 2.46. Also, the Quick Ratio is 2.46, while the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 1.94, the price to book ratio is 2.70 and price to earnings (TTM) ratio is 17.21.
Transactions by insiders
Recent insider trading involved Singisetti Ravi Kumar, Chief Executive Officer, that happened on Aug 06 ’24 when 6728.0 shares were sold. Officer, Singisetti Ravi Kumar completed a deal on Aug 06 ’24 to buy 6728.0 shares. Meanwhile, EVP, Chief People Officer Diaz Kathryn sold 900.0 shares on Mar 12 ’24.
