Cognizant Technology Solutions Corp Class A

Company Profile

Cognizant Technology Solutions Corp Class A had its IPO on 1998-06-19 under the ticker symbol CTSH.

The company operates in the Technology sector and Information Technology Services industry. Cognizant Technology Solutions Corp Class A has a staff strength of 351,500 employees.

Stock update

Shares of Cognizant Technology Solutions Corp Class A opened at $63 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $62.54 - $63.95, and closed at $63.76.

This is a +2.52% increase from the previous day's closing price.

A total volume of 3,678,052 shares were traded at the close of the day’s session.

In the last one week, shares of Cognizant Technology Solutions Corp Class A have increased by +1.84%.

Cognizant Technology Solutions Corp Class A's Key Ratios

Cognizant Technology Solutions Corp Class A has a market cap of $31.56 billion, indicating a price to book ratio of 2.5026 and a price to sales ratio of 1.5066.

In the last 12-months Cognizant Technology Solutions Corp Class A’s revenue was $19.41 billion with a gross profit of $7.04 billion and an EBITDA of $3.53 billion. The EBITDA ratio measures Cognizant Technology Solutions Corp Class A's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cognizant Technology Solutions Corp Class A’s operating margin was 15.52% while its return on assets stood at 10.59% with a return of equity of 18.73%.

In Q1, Cognizant Technology Solutions Corp Class A’s quarterly earnings growth was a positive 6.5% while revenue growth was a negative 0.3%.

Cognizant Technology Solutions Corp Class A’s PE and PEG Ratio

Forward PE

12.3916

Trailing PE

13.8817

PEG

1.2085

Its diluted EPS in the last 12-months stands at $4.48 per share while it has a forward price to earnings multiple of 12.3916 and a PEG multiple of 1.2085. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cognizant Technology Solutions Corp Class A’s profitability.

Cognizant Technology Solutions Corp Class A stock is trading at a EV to sales ratio of 1.4827 and a EV to EBITDA ratio of 7.9235. Its price to sales ratio in the trailing 12-months stood at 1.5066.

Cognizant Technology Solutions Corp Class A stock pays annual dividends of $1.12 per share, indicating a yield of 1.86% and a payout ratio of 25.28%.

Balance sheet and cash flow metrics

Total Assets

$18.15 billion

Total Liabilities

$3.32 billion

Operating Cash Flow

$-215000000.00

Capital Expenditure

$98 million

Dividend Payout Ratio

25.28%

Cognizant Technology Solutions Corp Class A ended 2023 with $18.15 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $18.15 billion while shareholder equity stood at $12.66 billion.

Cognizant Technology Solutions Corp Class A ended 2023 with $247.00 million in deferred long-term liabilities, $3.32 billion in other current liabilities, 5000000.00 in common stock, $12.86 billion in retained earnings and $6.04 billion in goodwill. Its cash balance stood at $2.46 billion and cash and short-term investments were $2.48 billion. The company’s total short-term debt was $189,000,000 while long-term debt stood at $630.00 million.

Cognizant Technology Solutions Corp Class A’s total current assets stands at $7.23 billion while long-term investments were $424.00 million and short-term investments were $23.00 million. Its net receivables were $3.72 billion compared to accounts payable of $332.00 million and inventory worth $0.

In 2023, Cognizant Technology Solutions Corp Class A's operating cash flow was $-215000000.00 while its capital expenditure stood at $98 million.

Comparatively, Cognizant Technology Solutions Corp Class A paid $0.25 in dividends in 2023.

Other key metrics

Current Trading Price

$63.76

52-Week High

$73.2511

52-Week Low

$50.6409

Analyst Target Price

$65.52

Cognizant Technology Solutions Corp Class A stock is currently trading at $63.76 per share. It touched a 52-week high of $73.2511 and a 52-week low of $73.2511. Analysts tracking the stock have a 12-month average target price of $65.52.

Its 50-day moving average was $60.83 and 200-day moving average was $60.66 The short ratio stood at 2.8 indicating a short percent outstanding of 0%.

Around 22.4% of the company’s stock are held by insiders while 9532.2% are held by institutions.