What is Cognizant Technology Solutions Corp.’s (NASDAQ:CTSH) current market value? Can you beat the fundamentals?

The price of Cognizant Technology Solutions Corp. (NASDAQ:CTSH) shares last traded on Wall Street fell -1.33% to $64.65.

Based on available information, 28 analysts follow Cognizant Technology Solutions Corp. (NASDAQ:CTSH). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $87.00 and a low of $60.00, we find $70.00. Given the previous closing price of $65.52, this indicates a potential upside of 6.84 percent. CTSH stock price is now -4.67% away from the 50-day moving average and -0.50% away from the 200-day moving average. The market capitalization of the company currently stands at $32.42B.

Among analysts, 19 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $71.25 as their price target over the next twelve months.

With the price target of $70, UBS recently initiated with Neutral rating for Cognizant Technology Solutions Corp. (NASDAQ: CTSH).

In other news, Patsalos-Fox Michael, Director sold 6,926 shares of the company’s stock on Jun 12. The stock was sold for $434,875 at an average price of $62.79. Upon completion of the transaction, the Director now directly owns 64,695 shares in the company, valued at $4.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09, Director Mackay Leo S. Jr. sold 4,473 shares of the business’s stock. A total of $277,294 was realized by selling the stock at an average price of $61.99. This leaves the insider owning 26,671 shares of the company worth $1.72 million. Insiders disposed of 132,619 shares of company stock worth roughly $8.57 million over the past 1 year. A total of 0.19% of the company’s stock is owned by insiders.

A candlestick chart of Cognizant Technology Solutions Corp. (NASDAQ: CTSH) showed a price of $65.58 on Thursday morning. During the past 12 months, Cognizant Technology Solutions Corp. has had a low of $52.74 and a high of $72.71. As of last week, the company has a debt-to-equity ratio of 0.11, a current ratio of 2.23, and a quick ratio of 2.23. According to the stock market information, the enterprise value for the company is $31.49B, which is based on a 15.74 price-to-earnings ratio, a 3.58 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for CTSH is $67.82 and a two-hundred day moving average price translates $64.97 for the stock.

The latest earnings results from Cognizant Technology Solutions Corp. (NASDAQ: CTSH) was released for Sep, 2023. According to the Information Technology Services Company, earnings per share came in at $1.1, beating analysts’ expectations of $0.99 by 0.11. This compares to $1.22 EPS in the same period last year. The net profit margin was 10.75% and return on equity was 16.82% for CTSH. The company reported revenue of $4.9 billion for the quarter, compared to $4.86 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.82 percent. For the current quarter, analysts expect CTSH to generate $4.91B in revenue.

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