Cognizant Technology Solutions Corp (NASDAQ: CTSH) is -0.62% lower on its value in year-to-date trading and has touched a low of $63.79 and a high of $90.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CTSH stock was last observed hovering at around $77.21 in the last trading session, with the day’s loss setting it -0.79%.
Currently trading at $76.42, the stock is -6.55% and -7.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.5 million and changing -1.02% at the moment leaves the stock -0.74% off its SMA200. CTSH registered 2.37% gain for a year compared to 6-month gain of 1.42%. The firm has a 50-day simple moving average (SMA 50) of $82.3144 and a 200-day simple moving average (SMA200) of $76.99.
The stock witnessed a -12.70% loss in the last 1 month and extending the period to 3 months gives it a -5.69%, and is -3.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.94% over the week and 2.17% over the month.
Cognizant Technology Solutions Corp (CTSH) has around 336800 employees, a market worth around $37.80B and $19.74B in sales. Current P/E ratio is 16.96 and Fwd P/E is 14.19. Profit margin for the company is 11.35%. Distance from 52-week low is 19.80% and -15.86% from its 52-week high. The company has generated returns on investments over the last 12 months (14.25%).
with sales reaching $5.06B over the same period.The EPS is expected to grow by 5.40% this year, but quarterly earnings will post 4.60% year-over-year. Quarterly sales are estimated to grow 6.24% in year-over-year returns.
Cognizant Technology Solutions Corp (CTSH) Top Institutional Holders
1453.0 institutions hold shares in Cognizant Technology Solutions Corp (CTSH), with institutional investors hold 100.38% of the company’s shares. The shares outstanding are 495.00M, and float is at 492.03M with Short Float at 3.85%. Institutions hold 100.21% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 58.17 million shares valued at $3.96 billion. The investor’s holdings represent 11.7043% of the CTSH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 53.01 million shares valued at $3.6 billion to account for 10.6658 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.12 million shares representing 4.8528% and valued at over $1.64 billion, while PZENA INVESTMENT MANAGEMENT LLC holds 3.7444 of the shares totaling 18.61 million with a market value of $1.27 billion.
Cognizant Technology Solutions Corp (CTSH) Insider Activity
The most recent transaction is an insider sale by Patsalos-Fox Michael, the company’s Director. SEC filings show that Patsalos-Fox Michael sold 3,225 shares of the company’s common stock on Mar 14 ’25 at a price of $78.72 per share for a total of $0.25 million. Following the sale, the insider now owns 6775.0 shares.
Still, SEC filings show that on Mar 03 ’25, Kim John Sunshin (CLO, CAO & Corporate Secretary) disposed off 5,000 shares at an average price of $83.60 for $0.42 million. The insider now directly holds 35,182 shares of Cognizant Technology Solutions Corp (CTSH).