Cognizant Technology Solutions Corporation (NASDAQ:CTSH) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) gained 2.19 Percent and closed its previous trading session at $79.82. The stock traded with the average Volume of 3.9 Million at the end of last session.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has the Market Capitalization of 47.09 Billion. The Stock has its 52-week High of $80.13 and 52-Week Low of $57.00 and it touched its 52-week high on 02/14/18 and 52-Week Low on 03/09/17.
The company reported its last earnings Actual EPS of $1.03/share. While, the analyst predicted that the company could provide an EPS of $0.97/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.06/share which shows an Earnings Surprise of 6.2 Percent.
Several analysts are forecasting growth estimate of Cognizant Technology Solutions Corporation for the current quarter to be 26.2%. Their projections for the Next Quarter growth is 20.4 percent. While for the Next 5 years, the company could expect a growth of 13.82% per annum, whereas in the past Five years Cognizant Technology Solutions Corporation (NASDAQ:CTSH) showed a growth of 17.47 Percent per annum.
Sell side analysts plays vital role in buying and selling a stock where 8 analysts rated Cognizant Technology Solutions Corporation (NASDAQ:CTSH) as Buy, 0 analysts given Outperform signal, 4 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 3.75% where SMA50 and SMA200 are 7.81% and 12.51% respectively.
The company shows its Return on Assets (ROA) value of 13.4%. The Return on Equity (ROE) value stands at 17.9%. While it’s Return on Investment (ROI) value is 12.8%.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) currently has a Weekly Volatility of 3.07% percent while its Monthly Volatility is at 2.09% percent. While talking about Performance of the Stock, Cognizant Technology Solutions Corporation currently has a Weekly performance of 4.31%, monthly performance percentage is 6.81 percent, Quarterly performance is 7.05 percent, 6 months performance shows a percent value of 11.37% and Yearly Performance is 39.16 percent.
Cognizant Technology Solutions Corporation is a leading provider of custom software development, integration and maintenance services that link e-business with core information systems for companies worldwide. Cognizant operates under a high quality, high value onsite/offshore model that enables better, faster and more cost effective development and deployment of large-scale systems across a wide range of transaction intensive business needs. Its employees are committed to partnerships that sustain long-term, proven value in order to win in today’s global marketplace. Cognizant was listed as one of the Best Small Companies in America, by Forbes and as the top solutions provider and one of the top 200 Hot Companies by Business Week. Cognizant has been assessed at SEI/CMM Level 5, the highest possible rating.