Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares traded -3.08% lower at $77.21 on Wall Street last session.
CTSH stock price is now -6.18% away from the 50-day moving average and 0.36% away from the 200-day moving average. The market capitalization of the company currently stands at $38.19B.
With the price target enhanced from $80 to $95, Barclays Upgraded its rating from Equal Weight to Overweight for Cognizant Technology Solutions Corp (NASDAQ: CTSH). , while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Patsalos-Fox Michael, Director sold 3,225 shares of the company’s stock on Mar 14 ’25. The stock was sold for $253,867 at an average price of $78.72. Upon completion of the transaction, the Director now directly owns 6,775 shares in the company, valued at $0.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, Director Michael Patsalos-Fox bought 3,225 shares of the business’s stock. A total of $254,614 was incurred on buying the stock at an average price of $78.95. A total of 0.52% of the company’s stock is owned by insiders.
During the past 12 months, Cognizant Technology Solutions Corp has had a low of $63.79 and a high of $90.82. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 2.09, and a quick ratio of 2.09. According to the stock market information, the enterprise value for the company is $37449265152, which is based on a 17.13 price-to-earnings ratio, a 2.31 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for CTSH is $82.2984 and a two-hundred day moving average price translates $76.9368 for the stock.
The latest earnings results from Cognizant Technology Solutions Corp (NASDAQ: CTSH) was released for 2024-12-31. The net profit margin was 11.35% and return on equity was 16.21% for CTSH. The company reported revenue of $5.08 billion for the quarter, compared to $4.76 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.81 percent.
