Cognizant Technology Solutions Corporation (CTSH)
NASDAQ: CTSH · IEX Real-Time Price · USD
71.53
+1.39 (1.98%)
At close: Jul 12, 2024, 4:00 PM
72.30
+0.77 (1.08%)
After-hours: Jul 12, 2024, 7:39 PM EDT

CTSH Statistics

Total Valuation

CTSH has a market cap or net worth of $35.56 billion. The enterprise value is $34.60 billion.

Market Cap 35.56B
Enterprise Value 34.60B

Important Dates

The next estimated earnings date is Wednesday, July 31, 2024, after market close.

Earnings Date Jul 31, 2024
Ex-Dividend Date May 17, 2024

Share Statistics

CTSH has 497.20 million shares outstanding. The number of shares has decreased by -2.16% in one year.

Shares Outstanding 497.20M
Shares Change (YoY) -2.16%
Shares Change (QoQ) -0.20%
Owned by Insiders (%) 0.15%
Owned by Institutions (%) 98.61%
Float 495.83M

Valuation Ratios

The trailing PE ratio is 17.15 and the forward PE ratio is 15.01. CTSH's PEG ratio is 1.20.

PE Ratio 17.15
Forward PE 15.01
PS Ratio 1.84
Forward PS 1.78
PB Ratio 2.64
P/FCF Ratio 25.44
PEG Ratio 1.20
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.24, with an EV/FCF ratio of 24.75.

EV / Earnings 16.54
EV / Sales 1.79
EV / EBITDA 10.24
EV / EBIT 12.25
EV / FCF 24.75

Financial Position

The company has a current ratio of 2.35, with a Debt / Equity ratio of 0.09.

Current Ratio 2.35
Quick Ratio 2.01
Debt / Equity 0.09
Debt / EBITDA 0.38
Debt / FCF 0.91
Interest Coverage 65.67

Financial Efficiency

Return on equity (ROE) is 15.90% and return on invested capital (ROIC) is 13.66%.

Return on Equity (ROE) 15.90%
Return on Assets (ROA) 11.50%
Return on Capital (ROIC) 13.66%
Revenue Per Employee $55,510
Profits Per Employee $6,017
Employee Count 347,700
Asset Turnover 1.06
Inventory Turnover n/a

Taxes

In the past 12 months, CTSH has paid $689.00 million in taxes.

Income Tax 689.00M
Effective Tax Rate 24.78%

Stock Price Statistics

The stock price has increased by +6.49% in the last 52 weeks. The beta is 1.05, so CTSH's price volatility has been similar to the market average.

Beta (5Y) 1.05
52-Week Price Change +6.49%
50-Day Moving Average 67.39
200-Day Moving Average 70.85
Relative Strength Index (RSI) 67.21
Average Volume (20 Days) 3,882,036

Short Selling Information

The latest short interest is 14.30 million, so 2.88% of the outstanding shares have been sold short.

Short Interest 14.30M
Short Previous Month 15.35M
Short % of Shares Out 2.88%
Short % of Float 2.88%
Short Ratio (days to cover) 3.68

Income Statement

In the last 12 months, CTSH had revenue of $19.30 billion and earned $2.09 billion in profits. Earnings per share was $4.17.

Revenue 19.30B
Gross Profit 6.63B
Operating Income 2.68B
Pretax Income 2.78B
Net Income 2.09B
EBITDA 3.38B
EBIT 2.82B
Earnings Per Share (EPS) $4.17
Full Income Statement

Balance Sheet

The company has $2.24 billion in cash and $1.28 billion in debt, giving a net cash position of $966.00 million or $1.94 per share.

Cash & Cash Equivalents 2.24B
Total Debt 1.28B
Net Cash 966.00M
Net Cash Per Share $1.94
Equity (Book Value) 13.49B
Book Value Per Share 27.13
Working Capital 4.07B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.70 billion and capital expenditures -$298.00 million, giving a free cash flow of $1.40 billion.

Operating Cash Flow 1.70B
Capital Expenditures -298.00M
Free Cash Flow 1.40B
FCF Per Share $2.81
Full Cash Flow Statement

Margins

Gross margin is 34.37%, with operating and profit margins of 13.90% and 10.84%.

Gross Margin 34.37%
Operating Margin 13.90%
Pretax Margin 14.41%
Profit Margin 10.84%
EBITDA Margin 17.51%
EBIT Margin 14.63%
FCF Margin 7.24%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 1.68%.

Dividend Per Share $1.20
Dividend Yield 1.68%
Dividend Growth (YoY) 5.36%
Years of Dividend Growth 4
Payout Ratio 28.78%
Buyback Yield 2.16%
Shareholder Yield 3.84%
Earnings Yield 5.88%
FCF Yield 3.93%
Dividend Details

Analyst Forecast

The average price target for CTSH is $75.50, which is 5.55% higher than the current price. The consensus rating is "Hold".

Price Target $75.50
Price Target Difference 5.55%
Analyst Consensus Hold
Analyst Count 18
Revenue Growth Forecast (5Y) 7.33%
EPS Growth Forecast (5Y) 13.52%
Stock Forecasts

Stock Splits

The last stock split was on March 10, 2014. It was a forward split with a ratio of 2:1.

Last Split Date Mar 10, 2014
Split Type Forward
Split Ratio 2:1

Scores

CTSH has an Altman Z-Score of 7.2 and a Piotroski F-Score of 6.

Altman Z-Score 7.2
Piotroski F-Score 6