CTSH - Cognizant Technology Solutions Corp Stock Price, Fair Value and News

67.72USD+0.06 (+0.09%)Market Closed

Market Summary

USD67.72+0.06

Market Closed

0.09%

CTSH Stock Price

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CTSH RSI Chart

CTSH Valuation

Market Cap

33.7B

Price/Earnings (Trailing)

16.09

Price/Sales (Trailing)

1.74

EV/EBITDA

9.61

Price/Free Cashflow

24.08

CTSH Price/Sales (Trailing)

CTSH Profitability

EBT Margin

14.36%

Return on Equity

15.51%

Return on Assets

11.36%

Free Cashflow Yield

4.15%

CTSH Fundamentals

CTSH Revenue

Revenue (TTM)

19.3B

Rev. Growth (Yr)

-1.08%

Rev. Growth (Qtr)

0.04%

CTSH Earnings

Earnings (TTM)

2.1B

Earnings Growth (Yr)

-5.86%

Earnings Growth (Qtr)

-2.15%

Breaking Down CTSH Revenue

Last 7 days

3.6%

Last 30 days

-4.7%

Last 90 days

-13.5%

Trailing 12 Months

9.9%

How does CTSH drawdown profile look like?

CTSH Financial Health

Current Ratio

2.35

Debt/Equity

0.04

Debt/Cashflow

2.84

CTSH Investor Care

Dividend Yield

1.73%

Dividend/Share (TTM)

1.17

Buy Backs (1Y)

2.03%

Diluted EPS (TTM)

4.17

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	19.3B	0	0	0
2023	19.4B	19.4B	19.4B	19.4B
2022	18.9B	19.3B	19.4B	19.4B
2021	16.8B	17.4B	17.9B	18.5B
2020	16.9B	16.8B	16.8B	16.7B
2019	16.3B	16.5B	16.6B	16.8B
2018	15.2B	15.5B	15.8B	16.1B
2017	13.8B	14.1B	14.4B	14.8B
2016	12.7B	13.0B	13.3B	13.5B
2015	10.8B	11.3B	11.9B	12.4B
2014	9.2B	9.6B	9.9B	10.3B
2013	7.7B	8.0B	8.4B	8.8B
2012	6.5B	6.8B	7.1B	7.3B
2011	5.0B	5.4B	5.8B	6.1B
2010	3.5B	3.8B	4.2B	4.6B
2009	2.9B	3.0B	3.1B	3.3B
2008	0	2.4B	2.6B	2.8B
2007	0	0	0	2.1B

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Tracking the Latest Insider Buys and Sells of Cognizant Technology Solutions Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	schot abraham	acquired	-	-	622	-
Apr 01, 2024	gummadi surya	acquired	-	-	367	evp and president, americas
Apr 01, 2024	diaz kathryn	acquired	-	-	367	evp, chief people officer
Apr 01, 2024	gummadi surya	sold (taxes)	-13,058	71.75	-182	evp and president, americas
Apr 01, 2024	diaz kathryn	sold (taxes)	-9,112	71.75	-127	evp, chief people officer
Mar 29, 2024	kim john sunshin	sold (taxes)	-34,519	73.29	-471	evp, clo, cao
Mar 29, 2024	kim john sunshin	acquired	-	-	882	evp, clo, cao
Mar 15, 2024	telesmanic robert	acquired	-	-	5,643	svp, controller & cao
Mar 15, 2024	diaz kathryn	sold (taxes)	-95,669	75.33	-1,270	evp, chief people officer
Mar 15, 2024	ayyar balu ganesh	acquired	-	-	8,780	evp and president ioa

Which funds bought or sold CTSH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Qsemble Capital Management, LP	reduced	-82.37	-1,538,660	317,492	0.07%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	reduced	-11.27	-438,694	2,716,420	0.01%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-35.3	-707,885	1,194,190	0.02%
May 07, 2024	Headlands Technologies LLC	sold off	-100	-416,246	-	-%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	added	1.53	-225,493	14,965,400	0.19%
May 07, 2024	CLARK ESTATES INC/NY	reduced	-26.71	-1,274,140	3,136,810	0.52%
May 07, 2024	Inspire Investing, LLC	sold off	-100	-2,365,620	-	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-62.08	-14,652,300	8,529,490	-%
May 07, 2024	ClariVest Asset Management LLC	unchanged	-	-16.00	515	-%
May 07, 2024	Empowered Funds, LLC	added	682	19,846,100	22,855,900	0.21%

Are Funds Buying or Selling CTSH?

Are funds buying CTSH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CTSH

No. of Funds

Unveiling Cognizant Technology Solutions Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 02, 2024	blackrock inc.	11.1%	55,692,900	SC 13G/A
Jan 10, 2024	vanguard group inc	10.19%	51,111,498	SC 13G/A
Feb 14, 2023	dodge & cox	4.0%	20,343,757	SC 13G/A
Feb 09, 2023	vanguard group inc	8.51%	43,718,446	SC 13G/A
Jan 26, 2023	blackrock inc.	11.2%	57,700,554	SC 13G/A
Jan 20, 2023	blackrock inc.	11.2%	57,700,554	SC 13G/A
Feb 14, 2022	dodge & cox	5.6%	29,235,581	SC 13G
Feb 09, 2022	vanguard group inc	7.92%	41,623,450	SC 13G/A
Feb 01, 2022	blackrock inc.	8.8%	46,297,327	SC 13G/A
Feb 10, 2021	vanguard group inc	7.77%	41,515,977	SC 13G/A

Recent SEC filings of Cognizant Technology Solutions Corp

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 23, 2024	ARS	ARS
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	DEFA14A	DEFA14A
Apr 12, 2024	PRE 14A	PRE 14A
Apr 05, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Cognizant Technology Solutions Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	196.3B	64.6B	-5.95%	18.43%	27.92	3.04	2.26%	1.32%
IBM	155.8B	62.1B	-10.52%	40.17%	19.04	2.51	2.45%	346.26%
CTSH	33.7B	19.3B	-4.70%	9.88%	16.09	1.74	-0.58%	-9.32%
CDW	29.6B	21.1B	-13.39%	31.26%	27.14	1.4	-7.67%	-0.37%
BR	22.5B	6.4B	-7.05%	24.82%	32.19	3.52	7.68%	26.07%
MID-CAP
CACI	9.4B	7.3B	11.78%	38.99%	24.01	1.29	10.28%	6.24%
EXLS	5.0B	1.7B	2.84%	1.42%	27.5	3	12.34%	15.10%
ASGN	4.6B	4.4B	0.74%	55.35%	21.99	1.05	-5.37%	-17.11%
DXC	3.6B	13.9B	-4.70%	-12.30%	-7.82	0.26	-6.57%	-164.76%
XRX	1.7B	6.7B	-21.88%	-8.93%	-9.14	0.25	-6.72%	6.15%
SMALL-CAP
CTG	1.7B	302.0M	13.51%	1590.82%	2.8K	4.93	-16.01%	-96.16%
GDYN	841.7M	312.6M	-6.38%	28.96%	372.94	2.69	-2.04%	106.54%
CNDT	781.5M	3.7B	14.03%	30.38%	-2.64	0.21	-2.41%	-62.64%
DMRC	481.1M	36.9M	-8.72%	12.38%	-11.39	13.02	20.62%	24.62%
CSPI	130.8M	61.7M	-28.43%	9.04%	31.38	2.12	2.22%	29.66%

Cognizant Technology Solutions Corp News

Latest updates

Cognizant Technology Solutions Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.0%	4,760	4,758	4,897	4,886	4,812	4,839	4,857	4,906	4,826	4,777	4,744	4,585	4,401	4,184	4,243	4,000	4,225	4,284	4,248	4,141	4,110
S&GA Expenses	-2.7%	765	786	801	830	835	860	838	883	862	871	924	881	827	874	804	711	711	676	706	719	871
EBITDA Margin	-0.1%	0.17*	0.17*	0.17*	0.18*	0.19*	0.19*	0.19*	0.18*	0.18*	0.18*	0.18*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	11.00	11.00	11.00	10.00	9.00	8.00	6.00	3.00	2.00	2.00	3.00	2.00	2.00	3.00	6.00	9.00	6.00	6.00	7.00	6.00	7.00
Income Taxes	-8.2%	179	195	191	124	158	193	183	184	170	162	187	184	160	152	276	134	142	174	160	167	142
Earnings Before Taxes	-3.6%	722	749	713	587	738	714	812	761	729	737	731	694	665	467	624	495	510	626	658	676	583
EBT Margin	-0.3%	0.14*	0.14*	0.14*	0.15*	0.16*	0.16*	0.16*	0.15*	0.15*	0.15*	0.14*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	-2.2%	546	558	525	463	580	521	629	577	563	576	544	512	505	316	348	361	367	395	497	509	441
Net Income Margin	-1.3%	0.11*	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	-97.6%	16.00	659	755	-32.00	631	612	953	485	186	760	897	466	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	18,408	18,483	18,079	17,967	18,147	17,852	17,347	17,258	17,434	17,852	17,232	16,829	16,660	16,923	18,787	18,216	17,429	16,204	15,844	15,517	16,096
Current Assets	-5.6%	7,086	7,506	7,127	6,951	7,228	7,266	7,317	7,023	7,077	7,342	6,995	6,451	6,595	6,851	8,619	8,531	8,325	7,611	7,391	7,206	7,883
Cash Equivalents	-14.9%	2,231	2,621	2,204	2,055	2,458	2,191	2,042	1,768	2,192	1,792	1,664	1,368	1,973	2,680	4,436	4,422	3,886	2,645	2,343	1,660	950
Net PPE	-1.1%	1,036	1,048	1,048	1,087	1,102	1,101	1,105	1,121	1,171	1,171	1,179	1,225	1,250	1,251	1,313	1,345	1,322	1,309	1,318	1,337	1,314
Goodwill	5.1%	6,393	6,085	6,013	6,065	6,040	5,710	5,425	5,517	5,605	5,620	5,451	5,457	5,219	5,031	4,931	4,391	4,014	3,979	3,694	3,651	3,638
Liabilities	-6.4%	4,918	5,256	5,197	5,064	5,486	5,543	5,389	5,308	5,461	5,861	5,686	5,624	5,623	6,087	7,647	7,244	6,816	5,182	5,142	4,960	4,960
Current Liabilities	-9.6%	3,012	3,333	3,191	3,056	3,321	3,347	3,223	3,153	3,186	3,529	3,319	3,183	3,150	3,540	3,296	3,212	2,872	2,983	2,919	2,824	2,720
Short Term Borrowings	0%	33.00	33.00	33.00	24.00	16.00	8.00	-	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	-	-	-
Long Term Debt	-1.3%	598	606	614	622	630	638	636	608	617	626	636	645	654	663	2,412	2,421	2,430	700	709	718	727
LT Debt, Non Current	-100.0%	-	606	614	622	630	638	636	608	617	626	636	645	654	663	2,412	2,421	2,430	700	709	718	727
Shareholder's Equity	2.0%	13,490	13,227	12,882	12,903	12,661	12,309	11,958	11,950	11,973	11,991	11,546	11,205	11,037	10,836	11,140	10,972	10,613	11,022	10,702	10,557	11,136
Retained Earnings	2.4%	13,621	13,301	13,146	13,022	12,856	12,588	12,447	12,193	11,956	11,922	11,479	11,086	10,907	1.00	11,142	11,072	10,831	1.00	10,820	10,583	11,140
Additional Paid-In Capital	33.3%	20.00	15.00	16.00	17.00	22.00	15.00	17.00	21.00	31.00	27.00	29.00	32.00	44.00	32.00	33.00	83.00	41.00	33.00	35.00	38.00	64.00
Shares Outstanding	-0.2%	497	498	501	505	507	509	516	522	524	527	525	527	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	32,900	-	-	-	34,900	-	-	-	36,400	-	-	-	30,800	-	-	-	34,900	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-87.1%	95.00	737	828	36.00	729	702	1,032	528	306	825	948	541	181	898	925	979	497	938	717	575	269
Share Based Compensation	-2.3%	42.00	43.00	47.00	42.00	44.00	58.00	58.00	89.00	56.00	52.00	65.00	67.00	62.00	54.00	58.00	65.00	55.00	45.00	52.00	54.00	66.00
Cashflow From Investing	-241.7%	-238	168	-199	-85.00	-215	-78.00	-257	-471	700	-498	-407	-721	-538	-49.00	-658	-259	-272	-375	340	1,267	356
Cashflow From Financing	33.2%	-304	-455	-450	-354	-350	-431	-458	-450	-600	-196	-239	-428	-340	-2,626	-347	-171	1,135	-253	-340	-1,137	-839
Dividend Payments	3.4%	151	146	147	148	150	139	141	141	143	127	127	127	128	118	120	121	121	110	111	116	116
Buy Backs	-57.2%	133	311	317	215	223	317	315	318	470	82.00	121	316	252	764	297	59.00	526	163	241	1,072	771

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CTSH Income Statement

2024-03-31

Consolidated Statements Of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 4,760	$ 4,812
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization expense shown separately below)	3,146	3,143
Selling, general and administrative expenses	765	835
Restructuring charges	23	0
Depreciation and amortization expense	131	132
Income from operations	695	702
Other income (expense), net:
Interest income	30	30
Interest expense	(11)	(9)
Foreign currency exchange gains (losses), net	6	12
Other, net	2	3
Total other income (expense), net	27	36
Income before provision for income taxes	722	738
Provision for income taxes	(179)	(158)
Income (Loss) from Equity Method Investments	3	0
Net income	$ 546	$ 580
Basic earnings per share (usd per share)	$ 1.10	$ 1.14
Diluted earnings per share (usd per share)	$ 1.10	$ 1.14
Weighted average number of common shares outstanding - Basic (shares)	497	509
Dilutive effect of shares issuable under stock-based compensation plans (shares)	1	0
Weighted average number of common shares outstanding - Diluted (shares)	498	509

CTSH Balance Sheet

2024-03-31

Consolidated Statements Of Financial Position (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,231	$ 2,621
Short-term investments	12	14
Trade accounts receivable, net	3,822	3,849
Other current assets	1,021	1,022
Total current assets	7,086	7,506
Property and equipment, net	1,036	1,048
Operating lease assets, net	589	611
Goodwill	6,393	6,085
Intangible assets, net	1,171	1,149
Deferred income tax assets, net	993	993
Long-term investments	83	435
Other noncurrent assets	1,057	656
Total assets	18,408	18,483
Current liabilities:
Accounts payable	291	337
Deferred revenue	449	385
Short-term debt	33	33
Operating lease liabilities	143	153
Accrued expenses and other current liabilities	2,096	2,425
Total current liabilities	3,012	3,333
Deferred revenue, noncurrent	36	42
Operating lease liabilities, noncurrent	503	523
Deferred income tax liabilities, net	201	226
Long-term debt	598	606
Long-term income taxes payable	157	157
Other noncurrent liabilities	411	369
Total liabilities	4,918	5,256
Commitments and contingencies (See Note 12)
Stockholders’ equity:
Preferred stock, $0.10 par value, 15 shares authorized, none issued	0	0
Class A common stock, $0.01 par value, 1,000 shares authorized, 497 and 498 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	5	5
Additional paid-in capital	20	15
Retained earnings	13,621	13,301
Accumulated other comprehensive income (loss)	(156)	(94)
Total stockholders’ equity	13,490	13,227
Total liabilities and stockholders’ equity	$ 18,408	$ 18,483

About Cognizant Technology Solutions Corp

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services; Health Sciences; Products and Resources; and Communications, Media and Technology. The company offers customer experience enhancement, robotic process automation, analytics, and AI services in areas, such as digital lending, fraud detection, and next generation payments; the shift towards consumerism, outcome-based contracting, digital health, delivering integrated seamless, omni-channel, and patient-centered experience; and services that drive operational improvements in areas, such as clinical development, pharmacovigilance, and manufacturing, as well as claims processing, enrollment, membership, and billing to healthcare providers and payers, and life sciences companies, including pharmaceutical, biotech, and medical device companies. It also provides solution to manufacturers, automakers, retailers and travel and hospitality companies, as well as companies providing logistics, energy and utility services; and digital content, the creation of personalized user experience, and acceleration of digital engineering services to communications, media and entertainment, education, and information services and technology companies. The company has a strategic partnership with ServiceNow, Inc. to accelerate adoption of AI-driven automation across industries. The company was founded in 1994 and is headquartered in Teaneck, New Jersey.

CEO	Mr. Ravi Kumar Singisetti
WEBSITE	cognizant.com
INDUSTRY	IT Services
EMPLOYEES	65535

Cognizant Technology Solutions Corp Frequently Asked Questions

What is the ticker symbol for Cognizant Technology Solutions Corp? What does CTSH stand for in stocks?

CTSH is the stock ticker symbol of Cognizant Technology Solutions Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cognizant Technology Solutions Corp (CTSH)?

As of Wed May 08 2024, market cap of Cognizant Technology Solutions Corp is 33.67 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CTSH stock?

You can check CTSH's fair value in chart for subscribers.

What is the fair value of CTSH stock?

You can check CTSH's fair value in chart for subscribers. The fair value of Cognizant Technology Solutions Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cognizant Technology Solutions Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CTSH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cognizant Technology Solutions Corp a good stock to buy?

The fair value guage provides a quick view whether CTSH is over valued or under valued. Whether Cognizant Technology Solutions Corp is cheap or expensive depends on the assumptions which impact Cognizant Technology Solutions Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CTSH.

What is Cognizant Technology Solutions Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, CTSH's PE ratio (Price to Earnings) is 16.09 and Price to Sales (PS) ratio is 1.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CTSH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cognizant Technology Solutions Corp's stock?

In the past 10 years, Cognizant Technology Solutions Corp has provided 0.044 (multiply by 100 for percentage) rate of return.