Is Cognizant Technology Solutions Corp (NASDAQ: CTSH) No Longer A Good Investment?

After Hours

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.

Stocks Info

CTSH belongs to the Technology sector of the NASDAQ while operating in the Information Technology Services industry. The current market capitalization of Cognizant Technology Solutions Corp is $39.66B. A total of 0.92 million shares were traded on the day, compared to an average of 3.16M shares.

In the most recent transaction, Dalal Jatin P sold 4,900 shares of CTSH for 81.19 per share on Dec 06 ’24. After the transaction, the Chief Financial Officer now owns 12,756 company shares. In a previous transaction on Dec 09 ’24, Dalal Jatin P sold 100 shares at 81.00 per share. CTSH shares that Chief Financial Officer owns now total 12,656.

Among the insiders who sold shares, Diaz Kathryn disposed of 3,821 shares on Dec 05 ’24 at a per-share price of $80.83. This resulted in the EVP, Chief People Officer holding 11,293 shares of CTSH after the transaction. In another insider transaction, JATIN DALAL bought 5,000 shares at $80.73 per share on Dec 06 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Cognizant Technology Solutions Corp pays an annual dividend of $1.20, resulting in a dividend yield of 1.51%, and it has a price to earnings (P/E) ratio of 17.59. CTSH’s most recent ex-dividend date was 1.61% when it declared a $0.30 quarterly dividend that was paid in cash on 11/19/2024. Previously, the company paid the dividend on 8/20/2024 with an ex-dividend date of 1.57%. The CTSH stock dividend was $0.30 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CTSH has a high of $82.46 and a low of $63.79.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $29.14, while its Total Shareholder’s Equity was $11.99B.

Analysts Opinion

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. 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 3.40.

Most Popular

Related Posts