During the recent session, Cognizant Technology Solutions Corp (NASDAQ:CTSH)’s traded shares were 2.47 million, with the beta value of the company hitting 0.98. At the last check today, the stock’s price was $76.87, reflecting an intraday loss of -2.87% or -$2.27. The 52-week high for the CTSH share is $90.82, that puts it down -18.15 from that peak though still a striking 14.77% gain since the share price plummeted to a 52-week low of $65.52. The company’s market capitalization is $37.89B, and the average intraday trading volume over the past 10 days was 2.82 million shares, and the average trade volume was 3.81 million shares over the past three months.
Cognizant Technology Solutions Corp (CTSH) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.57. CTSH has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
Cognizant Technology Solutions Corp (NASDAQ:CTSH) trade information
Cognizant Technology Solutions Corp (CTSH) registered a -2.87% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.87% in intraday trading to $76.87, hitting a weekly high. The stock’s 5-day price performance is -4.46%, and it has moved by -5.09% in 30 days. Based on these gigs, the overall price performance for the year is 17.32%. The short interest in Cognizant Technology Solutions Corp (NASDAQ:CTSH) is 18.68 million shares and it means that shorts have 5.04 day(s) to cover.
The consensus price target of analysts on Wall Street is $80, which implies an increase of 3.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $62 and $95 respectively. As a result, CTSH is trading at a discount of -23.59% off the target high and 19.34% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.50%. While earnings are projected to return 6.77% in 2025, the next five years will return 7.50% per annum.
CTSH Dividends
Cognizant Technology Solutions Corp is due to release its next quarterly earnings on 2025-Apr-30. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Cognizant Technology Solutions Corp is 1.22, with the dividend yield indicating at 1.59 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.47%.
Cognizant Technology Solutions Corp (NASDAQ:CTSH)’s Major holders
Cognizant Technology Solutions Corp insiders own 0.10% of total outstanding shares while institutional holders control 100.93%, with the float percentage being 101.04%. VANGUARD GROUP INC is the largest shareholder of the company, while 1475.0 institutions own stock in it. As of 2024-06-30, the company held over 58.17 million shares (or 11.7043% of all shares), a total value of $3.96 billion in shares.
The next largest institutional holding, with 53.01 million shares, is of BLACKROCK INC.’s that is approximately 10.6658% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.6 billion.
