Economy

Drilling Down Into Cognizant Technology Solutions Corporation (CTSH)

Drilling Down Into Cognizant Technology Solutions Corporation (CTSH)

As per Thursday, June 22, the company rating was maintained by BMO Capital Markets. The firm earned "Buy" rating on Wednesday, October 11 by Jefferies. Cowen & Co maintained it with "Buy" rating and $7500 target in Friday, July 28 report. Keefe Bruyette & Woods maintained Manning & Napier, Inc. The stock has "Hold" rating by Needham on Wednesday, August 2. (NYSE:MN) rating on Friday, October 14. The firm has "Underweight" rating given on Tuesday, September 8 by JP Morgan. The Veritas Investment Management Uk Ltd holds 197,120 shares with $14.30 million value, up from 191,410 last quarter. Cognizant Tech Solutions now has $43.64B valuation. The average volume was seen at 3.45 million shares while its relative volume was observed at 1.26. "Bruyette & Woods" downgraded the stock to "Underperform" rating in Tuesday, August 11 report. Cognizant Technology Solutions has a 1-year low of $51.52 and a 1-year high of $76.51. (NASDAQ:CTSH), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Cognizant Technology Solutions Corp. had 74 analyst reports since August 6, 2015 according to SRatingsIntel.

Cognizant Technology Solutions Corp (NASDAQ:CTSH) was the recipient of some unusual options trading on Thursday. The firm has "Neutral" rating given on Thursday, September 28 by Nomura. The rating was upgraded by Berenberg to "Buy" on Tuesday, August 8. Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage. On Wednesday, November 23 the stock rating was downgraded by William Blair to "Market Perform". As per Friday, January 6, the company rating was upgraded by Wedbush.

A statistical measure of the dispersion of returns (volatility) for CTSH producing salvation in Investors mouth, it has week volatility of 0.96% and for the month booked as 1.57%. Its down 0.06, from 0.93 in 2017Q2. It increased, as 37 investors sold CTSH shares while 296 reduced holdings. 487.81 million shares or 3.03% less from 503.05 million shares in 2017Q2 were reported. M&T Financial Bank Corporation has 277,168 shares for 0.2% of their portfolio. Amundi Pioneer Asset Management, a Massachusetts-based fund reported 3.52M shares. The Company's consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services. The existing figure on the company's quick ratio portrays its ability to meet its short-term financial liabilities, and the value on the current ratio represents the company's proficiency in dealing with its current liabilities via its current assets.

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As it reflects the theoretical cost of buying the company's shares, the market cap of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is now rolling at 42.09B, making it one of the key stocks in today's market. CWA Asset Management Group LLC lifted its stake in Cognizant Technology Solutions by 1.0% in the 2nd quarter. Palouse Cap Mngmt Incorporated reported 0.76% stake. FMR LLC boosted its position in Cognizant Technology Solutions by 81.6% during the second quarter. Comgest Global Investors S.A.S. grew its position in shares of Cognizant Technology Solutions by 57.7% in the 2nd quarter. Airain ltd purchased a new stake in Cognizant Technology Solutions Corp during the second quarter valued at about $17,807,000.

Among 30 analysts covering Cognizant Technology Solutions Corp. Cognizant Technology Solutions Corporation earnings have risen with an annualized rate of 12.3% over the last 5 years. They expect $0.88 EPS, up 15.79 % or $0.12 from last year's $0.76 per share. CTSH's profit would be $518.88 million giving it 21.25 P/E if the $0.88 EPS is correct. The information technology service provider reported $0.98 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.85 by $0.13.

Since August 4, 2017, it had 0 insider buys, and 32 sales for $25.05 million activity. Another trade for 3,135 shares valued at $429,417 was sold by Larrimer Karen L. The insider Reilly Robert Q sold $2.85M. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.67% with $586.32 Million sitting short, betting on future declines. There are brokerage firms with lower targets than the average, including one setting a price target of $68. Breakiron-Evans Maureen had sold 12,368 shares worth $862,011 on Monday, August 7. About 248,147 shares traded. 6,800 shares were sold by WARNOCK JOHN E, worth $1.18M. About 625,972 shares traded. Mazor Robotics Ltd. (NASDAQ:MZOR) has risen 206.35% since January 12, 2017 and is uptrending. It has underperformed by 63.39% the S&P500. Montag A & Assocs Inc has 0.07% invested in The PNC Financial Services Group, Inc. 13 funds opened positions while 10 raised stakes. Savings Bank Of America Corporation De invested 0% in Manning & Napier, Inc. (NYSE:MN). Wells Fargo And Com Mn owns 46,111 shares. Cape Cod Five Cents Bankshares holds 29,658 shares or 0.33% of its portfolio. (NYSE:PNC). Kistler reported 6,086 shares. The stock decreased 0.23% or $0.142 during the last trading session, reaching $60.758. Overall, the share price is up 3.06% so far this year. Dimensional Fund Advsr L P has invested 0% in Manning & Napier, Inc. (NYSE:MN). Citadel Limited Liability Corporation reported 0% in Manning & Napier, Inc.


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