Is Cognizant Technology Solutions Corp (NASDAQ: CTSH) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NASDAQ-listed company operates within the Information Technology Services industry segment, falling under the Technology sector. The current market capitalization of Cognizant Technology Solutions Corp is $40.82B. A total of 4.84 million shares were traded on the day, compared to an average of 2.98M 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 income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Cognizant Technology Solutions Corp pays an annual dividend of $1.19, resulting in a dividend yield of 1.45%, and it has a price to earnings (P/E) ratio of 18.21. CTSH’s most recent ex-dividend date was 11/19/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 11/27/2024. Previously, the company paid the dividend on 8/28/2024 with an ex-dividend date of 8/20/2024. The CTSH stock dividend was $0.30 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CTSH has a high of $82.19 and a low of $63.79.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $29.14, while its Total Shareholder’s Equity was $11.99B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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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