Cognizant Technology Solutions Corporation (CTSH)
Market Cap | 38.11B |
Revenue (ttm) | 19.41B |
Net Income (ttm) | 2.25B |
Shares Out | 495.82M |
EPS (ttm) | 4.52 |
PE Ratio | 17.01 |
Forward PE | 15.97 |
Dividend | $1.20 (1.56%) |
Ex-Dividend Date | Nov 19, 2024 |
Volume | 3,630,986 |
Open | 77.28 |
Previous Close | 77.11 |
Day's Range | 76.83 - 77.85 |
52-Week Range | 63.79 - 82.41 |
Beta | 1.05 |
Analysts | Hold |
Price Target | 79.94 (+3.99%) |
Earnings Date | Oct 30, 2024 |
About CTSH
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 provides customer experience, 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 con... [Read more]
Financial Performance
In 2023, CTSH's revenue was $19.35 billion, a decrease of -0.39% compared to the previous year's $19.43 billion. Earnings were $2.13 billion, a decrease of -7.16%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for CTSH stock is "Hold." The 12-month stock price forecast is $79.94, which is an increase of 3.99% from the latest price.
News
Savvas Learning Company Extends Collaboration with Cognizant, Leader in Driving Enterprise Transformation
Global learning solutions provider renews collaboration with Cognizant to help optimize its back-office IT operations, enhance efficiencies, and support timely order management and product delivery TE...
Cognizant Launches Global FinOps Center of Excellence, New Solutions Built with IBM Technology to Tackle Enterprise Modernization Challenges
Collaboration debuts solutions that aim to enable enterprises to manage complexity, modernize legacy applications and innovate with enterprise-scale AI. TEANECK, N.J.
Cognizant beats quarterly profit estimates on gradual recovery in IT services demand
Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider.
Cognizant Technology Solutions Corporation (CTSH) Q3 2024 Earnings Call Transcript
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Tyler Scott - Vice President, Investor Relations Ravi Kumar ...
Cognizant Reports Third Quarter 2024 Results
Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency1, the high end of our guidance ranges Operating margin of 14.6%, sequentially flat and increased 60 basis points yea...
Cognizant's Synapse Skilling Initiative Impacts More Than 275,000 Individuals in its First Year
Launched about one year ago, Cognizant created Synapse as a global program to equip individuals with the technology skills they need to be part of the workforce of the future. TEANECK, N.J.
Cognizant Collaborates with Alnylam as Technology Services Partner to Scale IT Operations
Utilizing Cognizant's top-tier managed services frameworks and tools, the partnership aims to enhance Alnylam's automation and reduce operational efforts TEANECK, N.J. , Oct. 29, 2024 /PRNewswire/ -- ...
Cognizant Signs Strategic Collaboration Agreement with AWS to Empower the Digital Factory and Enhance Smart Manufacturing
Cognizant and AWS to bring generative AI-powered offerings to market to transform manufacturing operations at scale, for enterprises in industrial, automotive, life sciences and consumer goods industr...
Cognizant Named Number 10 on Newsweek's List of America's Most Reliable Companies 2025
TEANECK, N.J. , Oct. 24, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named number 10 on Newsweek's list of America's Most Reliable Companies.
Cognizant Tackles Enterprise Cloud Cost Challenges with NVIDIA RAPIDS Cloud Modernization
Collaboration leverages NVIDIA AI and Cognizant's data analytics accelerators with the goal to optimize enterprise cloud costs, enhance performance and help clients modernize their infrastructure to b...
FCCI Collaborated with Cognizant to Create New Excess & Surplus Insurance Lines of Business
Cognizant leveraged Duck Creek Technologies' cutting-edge policy administration system to modernize FCCI's operations and expand the insurance group's footprint into the Excess & Surplus market TEANEC...
Cognizant Named One of America's Greenest Companies 2025 by Newsweek
Company also recognized for innovative sustainability efforts with 2024 International Green Apple Environment Award and two National Awards for Excellence in CSR & Sustainability TEANECK, N.J. , Oct. ...
Introducing Cognizant Neuro® Cybersecurity: AI-Powered Cybersecurity Platform to Orchestrate Action and Elevate Enterprise Cybersecurity Posture
Designed for the Cybersecurity challenges of the AI era, Cognizant Neuro ® Cybersecurity offers AI-enabled enterprise security orchestration for enhanced cyber resilience and risk management. TEANECK...
du partners with Cognizant to elevate digital Telecommunications excellence
The collaboration will integrate Cognizant's advanced solutions to enhance du's service quality and customer satisfaction, ushering in a new era of digital innovation in the telco industry. TEANECK, N...
Cognizant Announces Multi-Agent Orchestration for its Neuro® AI Platform
Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journey Dozens of businesses have already leveraged the platform to rapi...
Cognizant Partners with Palo Alto Networks to Deliver AI-Led Cybersecurity Services and Strengthen Security Posture of Global Enterprises
Comprehensive, AI-powered security platforms to fortify cybersecurity readiness for organizations in the financial services, healthcare and life sciences industries TEANECK, N.J. , Oct. 10, 2024 /PRNe...
Cognizant Schedules Third Quarter 2024 Earnings Release and Conference Call
TEANECK, N.J. , Oct. 9, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quar...
Cognizant Foundation India Celebrates 20 Years of Community Impact
Two-decade commitment to building a better tomorrow by supporting the underrepresented and underserved communities of India CHENNAI, India , Oct. 8, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today...
Cognizant Named #7 to Fortune's Change the World List
TEANECK, N.J. , Sept. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named to Fortune's 2024 Change the World list, ranking number 7 among 52 companies across a variety o...
mecwacare selects Cognizant as strategic delivery partner to launch revolutionary digital transformation program
mecwacare and Cognizant embark on multi-year relationship to drive innovation and enhance experiences for mecwacare's workforce, clients and their families. SYDNEY and TEANECK, N.J.
England and Wales Cricket Board selects Cognizant as Official Digital Technology Transformation Partner to reimagine the recreational cricket experience through technology
Partnership will see Cognizant implement digital products and data capabilities with the goal of enhancing and expanding fan and player engagement LONDON , Sept. 17, 2024 /PRNewswire/ -- The England a...
Cognizant partners with KOMBIT to transform public service application testing in Denmark
Agreement aims to enhance quality assurance operational efficiency and improve user experience across 26 public service apps for Danish Municipal IT solutions COPENHAGEN, Denmark , Sept. 12, 2024 /PRN...
Cognizant Technology Solutions: Reasons To Be Cautiously Optimistic
Cognizant Technology Solutions has potential for growth reacceleration due to its focus on industries with strong demand for digital services and transformation. Growth has been recently hindered by w...
Cognizant to Present at the Goldman Sachs Communacopia + Technology Conference
TEANECK, N.J. , Sept. 4, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the...
Cognizant Completes Acquisition of Belcan
TEANECK, N.J. , Aug. 27, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced it completed the acquisition of Belcan for approximately $1.3 billion in cash and stock.