Is Cognizant Technology Solutions Corp. (NASDAQ: CTSH) The Best Stock To Invest In?

After Hours

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Stocks Info

Cognizant Technology Solutions Corp. is listed on the NASDAQ in the Technology sector while operating in the Information Technology Services industry. The current market capitalization of Cognizant Technology Solutions Corp. is $37.94B. A total of 1.93 million shares were traded on the day, compared to an average of 3.76M shares.

In the most recent transaction, Singisetti Ravi Kumar sold 6,728 shares of CTSH for 73.66 per share on Aug 06 ’24. After the transaction, the Chief Executive Officer now owns 46,427 company shares. In a previous transaction on Aug 06 ’24, Singisetti Ravi Kumar bought 6,728 shares at 73.66 per share.

Among the insiders who sold shares, Diaz Kathryn disposed of 900 shares on Mar 12 ’24 at a per-share price of $77.06. This resulted in the EVP, Chief People Officer holding 8,312 shares of CTSH after the transaction. In another insider transaction, Patsalos-Fox Michael sold 10,000 shares at $76.73 per share on Feb 21 ’24. Company shares held by the Director now total 54,695.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Cognizant Technology Solutions Corp. pays an annual dividend of $1.19, resulting in a dividend yield of 1.55%, and it has a price to earnings (P/E) ratio of 17.45. CTSH’s most recent ex-dividend date was 8/20/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 8/28/2024. Previously, the company paid the dividend on 5/29/2024 with an ex-dividend date of 5/17/2024. The CTSH stock dividend was $0.30 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CTSH has a high of $80.27 and a low of $62.14.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CTSH’s latest balance sheet shows that the firm has $2.72B in Cash & Short Term Investments as of fiscal 2021. There were $1.64B in debt and $3.53B in liabilities at the time. Its Book Value Per Share was $27.96, while its Total Shareholder’s Equity was $11.99B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CTSH is Buy with a score of 3.38.

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