Cognizant Technology Solutions Corporation with ticker code (CTSH) have now 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $87.00 and $60.00 and has a mean target at $71.29. Now with the previous closing price of $76.17 this indicates there is a potential downside of -6.4%. It’s also worth noting that there is a 50 day moving average of $68.21 and the 200 moving average now moves to $65.61. The company has a market capitalization of 38.06B. The stock price for the company is currently $75.90 USD
The potential market cap would be $35,619,024,795 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.51, revenue per share of $38.29 and a 10.28% return on assets.
Cognizant Technology Solutions Corporation is a professional services company. The Company operates through four segments: Financial Services (FS), Health Sciences (HS), Products and Resources (P&R), and Communications, Media and Technology (CMT). The FS segment includes banking, capital markets, payments and insurance companies. The HS segment consists of healthcare providers and payers, as well as life sciences companies, including pharmaceutical, biotech and medical device companies. The P&R segment includes manufacturers, automakers, retailers and travel and hospitality companies, as well as companies providing logistics, energy, and utility services. The CMT segment includes global communications, media and entertainment, education, information services and technology companies. Its services include digital services and solutions, consulting, application development, systems integration, quality engineering and assurance, application maintenance, infrastructure and security.
