Key Points
- Insider sale: CAO Alina Kerdman sold 131 shares of CTSH at an average price of $84.45 on Dec. 15 for $11,062.95, cutting her direct holding to 645 shares—a 16.88% reduction.
- Earnings beat and guidance: Cognizant reported $1.39 EPS (vs. $1.30 expected) and $5.42B revenue (up 7.5% YoY) and set FY2025 EPS guidance of $5.22–$5.26.
- Market view and payout: CTSH trades around $84.20 with a 52-week range of $65.15–$90.82, carries a consensus "Hold" target of $85.44, and pays a $0.31 quarterly dividend (≈1.5% yield, 28.8% payout ratio).
Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Get Free Report) CAO Alina Kerdman sold 131 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $84.45, for a total transaction of $11,062.95. Following the completion of the sale, the chief accounting officer directly owned 645 shares of the company's stock, valued at $54,470.25. This trade represents a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Cognizant Technology Solutions Stock Up 0.7%
CTSH traded up $0.57 on Thursday, reaching $84.20. 651,647 shares of the company traded hands, compared to its average volume of 4,051,547. The company has a market cap of $40.64 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 1.71 and a beta of 0.97. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.36 and a quick ratio of 2.36. The stock's 50 day moving average price is $73.95 and its 200-day moving average price is $73.70. Cognizant Technology Solutions Corporation has a 52-week low of $65.15 and a 52-week high of $90.82.
Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last issued its earnings results on Wednesday, October 29th. The information technology service provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.30 by $0.09. Cognizant Technology Solutions had a net margin of 10.20% and a return on equity of 17.00%. The company had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.32 billion. During the same quarter last year, the business posted $1.25 EPS. The company's revenue for the quarter was up 7.5% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2025 guidance at 5.220-5.260 EPS. On average, sell-side analysts expect that Cognizant Technology Solutions Corporation will post 4.98 EPS for the current fiscal year.
Cognizant Technology Solutions Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Tuesday, November 18th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, November 18th. Cognizant Technology Solutions's payout ratio is currently 28.77%.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on CTSH shares. Royal Bank Of Canada cut their price objective on shares of Cognizant Technology Solutions from $93.00 to $82.00 and set a "sector perform" rating on the stock in a research report on Thursday, October 30th. Wells Fargo & Company raised their price target on shares of Cognizant Technology Solutions from $82.00 to $87.00 and gave the company an "overweight" rating in a report on Thursday, October 30th. JPMorgan Chase & Co. lifted their price objective on shares of Cognizant Technology Solutions from $89.00 to $92.00 and gave the company an "overweight" rating in a research note on Thursday, October 30th. Mizuho set a $85.00 target price on shares of Cognizant Technology Solutions in a research report on Thursday, October 30th. Finally, Citigroup began coverage on Cognizant Technology Solutions in a research report on Thursday, October 23rd. They issued a "neutral" rating and a $75.00 price target for the company. Seven research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, Cognizant Technology Solutions has a consensus rating of "Hold" and a consensus target price of $85.44.
Check Out Our Latest Report on Cognizant Technology Solutions
Hedge Funds Weigh In On Cognizant Technology Solutions
Several institutional investors and hedge funds have recently added to or reduced their stakes in CTSH. JPL Wealth Management LLC bought a new stake in shares of Cognizant Technology Solutions in the 3rd quarter worth approximately $25,000. Hilltop National Bank acquired a new position in shares of Cognizant Technology Solutions in the second quarter valued at $27,000. NewSquare Capital LLC lifted its position in Cognizant Technology Solutions by 71.8% in the second quarter. NewSquare Capital LLC now owns 366 shares of the information technology service provider's stock worth $29,000 after purchasing an additional 153 shares during the period. High Note Wealth LLC boosted its stake in Cognizant Technology Solutions by 22,450.0% during the third quarter. High Note Wealth LLC now owns 451 shares of the information technology service provider's stock worth $30,000 after buying an additional 449 shares in the last quarter. Finally, New Millennium Group LLC bought a new stake in Cognizant Technology Solutions in the 3rd quarter valued at $34,000. 92.44% of the stock is currently owned by institutional investors.
Cognizant Technology Solutions Company Profile
(
Get Free Report)
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.
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