In the latest trading session,, 1.3 million Cognizant Technology Solutions Corp. (NASDAQ:CTSH) shares changed hands as the company’s beta touched 1.05. With the company’s most recent per share price at $67.53 changed hands at -$0.13 or -0.19% at last look, the market valuation stands at $33.58B. CTSH’s current price is a discount, trading about -18.6% off its 52-week high of $80.09. The share price had its 52-week low at $60.26, which suggests the last value was 10.77% up since then. When we look at Cognizant Technology Solutions Corp.’s average trading volume, we note the 3-month average coming to 4.55 million.
Cognizant Technology Solutions Corp. (NASDAQ:CTSH) trade information
Instantly CTSH was in red as seen in intraday trades today. With action 3.30%, the performance over the past five days has been green. The drop to weekly highs of 67.89 subtracted -0.19% to the stock’s daily price. The company’s shares are showing year-to-date downside of -10.59%, with the 5-day performance at 3.30% in the green. However, in the 30-day time frame, Cognizant Technology Solutions Corp. (NASDAQ:CTSH) is -5.63% down.
Cognizant Technology Solutions Corp. (CTSH) estimates and forecasts
Data shows that the Cognizant Technology Solutions Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 1.89% over the past 6 months, a 1.32% in annual growth rate that is considerably lower than the industry average of 22.90%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.19%. The 2024 estimates are for Cognizant Technology Solutions Corp. earnings to increase by 1.42%, but the outlook for the next 5-year period is at 6.62% per year.
CTSH Dividends
Cognizant Technology Solutions Corp. is expected to release its next quarterly earnings report in June. The 1.73% annual yield figure for the share gives it an annual dividend of 1.17. It is important to note, however, that the 1.73% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
