Cognizant Technology Solutions Corp Class A
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- Market Cap.:
- $31.56 billion
- Book Value:
- Revenue TTM:
- $19.41 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $7.04 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- $98 million
- Dividend Payout Ratio
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
- 52-Week High
- 52-Week Low
- Analyst Target Price
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.
Frequently Asked Questions About Cognizant Technology Solutions Corp Class A
Similar Industry Stocks (Information Technology Services)
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 offers customer experience enhancement, 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 contracting, digital health, delivering integrated seamless, omni-channel, and patient-centered experience; and services that drive operational improvements in areas, such as clinical development, pharmacovigilance, and manufacturing, as well as claims processing, enrollment, membership, and billing to healthcare providers and payers, and life sciences companies, including pharmaceutical, biotech, and medical device companies. It also provides solution to manufacturers, automakers, retailers and travel and hospitality companies, as well as companies providing logistics, energy and utility services; and digital content, the creation of personalized user experience, and acceleration of digital engineering services to communications, media and entertainment, education, and information services and technology companies. The company was founded in 1994 and is headquartered in Teaneck, New Jersey.