No headlines found.
Business Wire (Thu, 28-Mar 9:03 AM ET)
Cognizant and LexisNexis Legal & Professional Extend Collaboration
PRNewswire (Thu, 28-Mar 9:00 AM ET)
Cognizant Continues Collaboration with Pon IT to Further Manage and Optimize Cloud Services
PRNewswire (Wed, 27-Mar 4:00 AM ET)
Cognizant Named to Fortune's List of America's Most Innovative Companies 2024
PRNewswire (Tue, 26-Mar 8:30 AM ET)
PRNewswire (Mon, 25-Mar 10:00 AM ET)
Cognizant and Google Cloud Expand AI Partnership to Drive Software Development Productivity
PRNewswire (Thu, 21-Mar 12:01 AM ET)
Cermaq Extends Collaboration with Cognizant to Further Enhance Operational Efficiencies
PRNewswire (Wed, 20-Mar 4:00 AM ET)
PRNewswire (Tue, 19-Mar 12:01 AM ET)
Cognizant Unveils Advanced Artificial Intelligence Lab to Accelerate AI Research and Innovation
PRNewswire (Thu, 7-Mar 12:01 AM ET)
PRNewswire (Wed, 6-Mar 8:00 AM ET)
Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.
Cognizant Tech Solns trades on the NASDAQ stock market under the symbol CTSH.
As of March 28, 2024, CTSH stock price declined to $73.61 with 733,040 million shares trading.
CTSH has a beta of 0.87, meaning it tends to be less sensitive to market movements. CTSH has a correlation of 0.20 to the broad based SPY ETF.
CTSH has a market cap of $36.65 billion. This is considered a Large Cap stock.
Last quarter Cognizant Tech Solns reported $5 billion in Revenue and $1.18 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.14.
In the last 3 years, CTSH stock traded as high as $93.47 and as low as $51.33.
The top ETF exchange traded funds that CTSH belongs to (by Net Assets): VTI, VOO, QQQ, SPY, VO.
CTSH has underperformed the market in the last year with a price return of +26.7% while the SPY ETF gained +33.8%. CTSH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.2% and -4.4%, respectively, while the SPY returned +10.2% and +1.8%, respectively.
CTSH support price is $72.76 and resistance is $74.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CTSH stock will trade within this expected range on the day.