The stock of Cognizant Technology Solutions Corp (CTSH) has gone up by 2.31% for the week, with a -3.18% drop in the past month and a 0.91% rise in the past quarter. The volatility ratio for the week is 1.71%, and the volatility levels for the past 30 days are 2.04% for CTSH. The simple moving average for the last 20 days is 1.17% for CTSH stock, with a simple moving average of 6.35% for the last 200 days.
Is It Worth Investing in Cognizant Technology Solutions Corp (NASDAQ: CTSH) Right Now?
Cognizant Technology Solutions Corp (NASDAQ: CTSH) has a higher price-to-earnings ratio of 17.36x compared to its average ratio, The 36-month beta value for CTSH is at 1.06. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 20 as “hold,” and 1 as “sell.”
The public float for CTSH is 494.80M, and currently, shorts hold a 3.60% of that float. The average trading volume for CTSH on January 22, 2025 was 3.13M shares.
CTSH) stock’s latest price update
Cognizant Technology Solutions Corp (NASDAQ: CTSH) has seen a rise in its stock price by 0.82 in relation to its previous close of 77.81. However, the company has experienced a 2.31% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-21 that New agreement aims to drive innovation and operational excellence in global finance and human capital management TEANECK, N.J. and CHICAGO, Jan. 21, 2025 /PRNewswire/ — Cognizant (Nasdaq: CTSH) and McDonald’s Corporation (NYSE: MCD), the world’s leading food service retailer, announced a multi-year extension of their strategic partnership, which originated in 2017.
Analysts’ Opinion of CTSH
Many brokerage firms have already submitted their reports for CTSH stocks, with Barclays repeating the rating for CTSH by listing it as a “Overweight.” The predicted price for CTSH in the upcoming period, according to Barclays is $95 based on the research report published on December 17, 2024 of the previous year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see CTSH reach a price target of $90. The rating they have provided for CTSH stocks is “Buy” according to the report published on August 28th, 2024.
BofA Securities gave a rating of “Neutral” to CTSH, setting the target price at $75 in the report published on August 07th of the previous year.
CTSH Trading at -0.78% from the 50-Day Moving Average
After a stumble in the market that brought CTSH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.86% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +0.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.06% upper at present.
During the last 5 trading sessions, CTSH rose by +2.31%, which changed the moving average for the period of 200-days by +9.20% in comparison to the 20-day moving average, which settled at $77.55. In addition, Cognizant Technology Solutions Corp saw 2.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTSH starting from Dalal Jatin P, who sale 4,900 shares at the price of $81.19 back on Dec 06 ’24. After this action, Dalal Jatin P now owns 12,756 shares of Cognizant Technology Solutions Corp, valued at $397,854 using the latest closing price.
Dalal Jatin P, the Chief Financial Officer of Cognizant Technology Solutions Corp, sale 100 shares at $81.00 during a trade that took place back on Dec 09 ’24, which means that Dalal Jatin P is holding 12,656 shares at $8,100 based on the most recent closing price.
Stock Fundamentals for CTSH
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.32 for the gross margin
The net margin for Cognizant Technology Solutions Corp stands at 0.12. The total capital return value is set at 0.18. Equity return is now at value 16.48, with 11.78 for asset returns.
Based on Cognizant Technology Solutions Corp (CTSH), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 1.04. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is 64.37.
Currently, EBITDA for the company is 3.35 billion with net debt to EBITDA at -0.04. When we switch over and look at the enterprise to sales, we see a ratio of 2.0. The receivables turnover for the company is 4.62for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.
Conclusion
In conclusion, Cognizant Technology Solutions Corp (CTSH) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
