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

67.78USD+0.34 (+0.50%)Delayed as of 22 Apr 2024, 10:50 am ET

Market Summary

USD67.78+0.34

Delayedas of 22 Apr 2024, 10:50 am

0.50%

CTSH Stock Price

View Fullscreen

CTSH RSI Chart

CTSH Valuation

Market Cap

33.6B

Price/Earnings (Trailing)

15.79

Price/Sales (Trailing)

1.73

EV/EBITDA

9.43

Price/Free Cashflow

16.68

CTSH Price/Sales (Trailing)

CTSH Profitability

EBT Margin

14.40%

Return on Equity

16.07%

Return on Assets

11.5%

Free Cashflow Yield

CTSH Fundamentals

CTSH Revenue

Revenue (TTM)

19.4B

Rev. Growth (Yr)

-1.67%

Rev. Growth (Qtr)

-2.84%

CTSH Earnings

Earnings (TTM)

2.1B

Earnings Growth (Yr)

7.1%

Earnings Growth (Qtr)

6.29%

Breaking Down CTSH Revenue

52 Week Range

58.0972.71

(Low)(High)

Last 7 days

-2.6%

Last 30 days

-10.3%

Last 90 days

-12.3%

Trailing 12 Months

12.4%

How does CTSH drawdown profile look like?

CTSH Financial Health

Current Ratio

2.25

Debt/Equity

0.05

Debt/Cashflow

3.84

CTSH Investor Care

Dividend Yield

1.72%

Dividend/Share (TTM)

1.16

Buy Backs (1Y)

2.25%

Diluted EPS (TTM)

4.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
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

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

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
Apr 18, 2024	MV CAPITAL MANAGEMENT, INC.	reduced	-0.57	-1,389	38,038	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-40.92	-12,312,800	16,543,500	0.03%
Apr 18, 2024	Capital Advisors, Ltd. LLC	added	2.26	-	50,000	0.01%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	reduced	-0.13	-5,240	164,023	0.01%
Apr 18, 2024	Oak Thistle LLC	reduced	-36.64	-535,737	855,148	0.77%
Apr 18, 2024	BARLOW WEALTH PARTNERS, INC.	sold off	-100	-375,006	-	-%
Apr 18, 2024	Piscataqua Savings Bank	unchanged	-	-896	29,316	0.03%
Apr 18, 2024	LVW Advisors, LLC	added	14.43	44,713	449,781	0.08%
Apr 18, 2024	Genesis Investment Management, LLP	new	-	13,685,300	13,685,300	2.86%
Apr 18, 2024	WOLFF WIESE MAGANA LLC	added	293	3,192	4,325	-%

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
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
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 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	199.3B	64.6B	-16.71%	15.00%	28.35	3.09	2.26%	1.32%
IBM	166.5B	61.9B	-6.36%	43.73%	22.19	2.69	2.20%	357.72%
CTSH	33.6B	19.4B	-10.27%	12.44%	15.79	1.73	-0.39%	-7.16%
CDW	31.6B	21.4B	-6.02%	43.12%	28.65	1.48	-9.99%	-0.92%
BR	22.8B	6.3B	-5.29%	35.59%	33.3	3.6	8.37%	28.40%
MID-CAP
CACI	8.2B	7.1B	0.15%	20.14%	21.75	1.15	10.03%	3.79%
EXLS	4.9B	1.6B	-7.04%	-12.56%	26.34	2.98	15.48%	29.09%
ASGN	4.5B	4.5B	-6.17%	22.80%	20.73	1.02	-2.85%	-18.20%
DXC	3.7B	13.9B	-5.09%	-18.03%	-7.92	0.27	-6.57%	-164.76%
XRX	2.0B	6.9B	-4.86%	18.01%	2.0K	0.3	-3.11%	100.31%
SMALL-CAP
CTG	1.5B	302.0M	32.14%	1256.30%	2.8K	4.93	-16.01%	-96.16%
GDYN	787.1M	312.9M	-20.38%	-12.88%	-445.94	2.52	0.78%	93.96%
CNDT	642.5M	3.7B	-10.26%	-10.26%	-2.17	0.17	-3.53%	-62.64%
DMRC	461.8M	34.9M	-20.97%	31.43%	-10.05	13.25	15.41%	23.14%
CSPI	138.4M	61.7M	-32.95%	2.24%	33.19	2.24	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-2.8%	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	4,129
S&GA Expenses	-1.9%	786	801	830	835	860	838	883	862	871	924	881	827	874	804	711	711	676	706	719	871	769
EBITDA Margin	1.1%	0.17*	0.17*	0.18*	0.19*	0.19*	0.19*	0.18*	0.18*	0.18*	0.18*	0.17*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	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	8.00
Income Taxes	2.1%	195	191	124	158	193	183	184	170	162	187	184	160	152	276	134	142	174	160	167	142	168
Earnings Before Taxes	5.0%	749	713	587	738	714	812	761	729	737	731	694	665	467	624	495	510	626	658	676	583	815
EBT Margin	1.7%	0.14*	0.14*	0.15*	0.16*	0.16*	0.16*	0.15*	0.15*	0.15*	0.14*	0.14*	0.13*	-	-	-	-	-	-	-	-	-
Net Income	6.3%	558	525	463	580	521	629	577	563	576	544	512	505	316	348	361	367	395	497	509	441	648
Net Income Margin	2.2%	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.10*	0.10*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-12.7%	659	755	-32.00	631	612	953	485	186	760	897	466	93.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.2%	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	15,846
Current Assets	5.3%	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	8,610
Cash Equivalents	18.9%	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	1,161
Net PPE	0%	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	1,394
Goodwill	1.2%	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	3,481
Liabilities	1.1%	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	4,422
Current Liabilities	4.5%	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	2,710
Short Term Borrowings	0%	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%	606	614	622	630	638	636	608	617	626	636	645	654	663	2,412	2,421	2,430	700	709	718	727	736
LT Debt, Non Current	-1.3%	606	614	622	630	638	636	608	617	626	636	645	654	663	2,412	2,421	2,430	700	709	718	727	736
Shareholder's Equity	2.7%	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	11,424
Retained Earnings	1.2%	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	2.00
Additional Paid-In Capital	-6.2%	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	47.00
Shares Outstanding	-0.6%	498	501	505	507	509	516	522	524	527	525	527	530	-	-	-	-	-	-	-	-	-
Float	-	-	-	32,900	-	-	-	34,900	-	-	-	36,400	-	-	-	30,800	-	-	-	34,900	-	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-11.0%	737	828	36.00	729	702	1,032	528	306	825	948	541	181	898	925	979	497	938	717	575	269	702
Share Based Compensation	-8.5%	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	68.00
Cashflow From Investing	184.4%	168	-199	-85.00	-215	-78.00	-257	-471	700	-498	-407	-721	-538	-49.00	-658	-259	-272	-375	340	1,267	356	-550
Cashflow From Financing	-1.1%	-455	-450	-354	-350	-431	-458	-450	-600	-196	-239	-428	-340	-2,626	-347	-171	1,135	-253	-340	-1,137	-839	-325
Dividend Payments	-0.7%	146	147	148	150	139	141	141	143	127	127	127	128	118	120	121	121	110	111	116	116	116
Buy Backs	-1.9%	311	317	215	223	317	315	318	470	82.00	121	316	252	764	297	59.00	526	163	241	1,072	771	267

CTSH Income Statement

2023-12-31

Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 19,353	$ 19,428	$ 18,507
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization expense shown separately below)	12,664	12,448	11,604
Selling, general and administrative expenses	3,252	3,443	3,503
Restructuring charges	229	0	0
Depreciation and amortization expense	519	569	574
Income from operations	2,689	2,968	2,826
Other income (expense), net:
Interest income	126	59	30
Interest expense	(41)	(19)	(9)
Foreign currency exchange gains (losses), net	2	7	(20)
Other, net	11	1	0
Total other income (expense), net	98	48	1
Income before provision for income taxes	2,787	3,016	2,827
Provision for income taxes	(668)	(730)	(693)
Income (loss) from equity method investments	7	4	3
Net income	$ 2,126	$ 2,290	$ 2,137
Basic earnings per share	$ 4.21	$ 4.42	$ 4.06
Diluted earnings per share	$ 4.21	$ 4.41	$ 4.05
Weighted average number of common shares outstanding—Basic	505	518	527
Dilutive effect of shares issuable under stock-based compensation plans	0	1	1
Weighted average number of common shares outstanding—Diluted	505	519	528

CTSH Balance Sheet

2023-12-31

Consolidated Statements Of Financial Position - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 2,621	$ 2,191
Short-term investments	14	310
Trade accounts receivable, net	3,849	3,796
Other current assets	1,022	969
Total current assets	7,506	7,266
Property and equipment, net	1,048	1,101
Operating lease assets, net	611	876
Goodwill	6,085	5,710
Intangible assets, net	1,149	1,168
Deferred income tax assets, net	993	642
Long-term investments	435	427
Other noncurrent assets	656	662
Total assets	18,483	17,852
Liabilities and Stockholders’ Equity
Accounts payable	337	360
Deferred revenue	385	398
Short-term debt	33	8
Operating lease liabilities	153	174
Accrued expenses and other current liabilities	2,425	2,407
Total current liabilities	3,333	3,347
Deferred revenue, noncurrent	42	19
Operating lease liabilities, noncurrent	523	714
Deferred income tax liabilities, net	226	180
Long-term debt	606	638
Long-term income taxes payable	157	283
Other noncurrent liabilities	369	362
Total liabilities	5,256	5,543
Commitments and contingencies (See Note 15)
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, 498 and 509 shares issued and outstanding as of December 31, 2023 and 2022, respectively	5	5
Additional paid-in capital	15	15
Retained earnings	13,301	12,588
Accumulated other comprehensive income (loss)	(94)	(299)
Total stockholders’ equity	13,227	12,309
Total liabilities and stockholders’ equity	$ 18,483	$ 17,852

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 Fri Apr 19 2024, market cap of Cognizant Technology Solutions Corp is 33.57 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 Fri Apr 19 2024, CTSH's PE ratio (Price to Earnings) is 15.79 and Price to Sales (PS) ratio is 1.73. 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 0.04 (multiply by 100 for percentage) rate of return.