EPS growth in past five years was 17.40% while EPS growth in next five years is projected to arrive at 11.61%.
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For the year, the company reported profit of $1.55 billion, or $2.55 per share, compared with $1.62 billion, or $2.65 per share in 2015.
Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) now have an ABR of 1.86, derived from a total of 21 opinions. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH), maintained return on investment for the last twelve months at 14.48, higher than what Reuters data shows regarding industry’s average. She now serves as Chairman of the Board of Directors for Xactly Corporation, a software as a service company devoted to incentive compensation, and serves on the Board of Directors for RELX Group. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $60.00 price target (down previously from $68.00) on shares of Cognizant Technology Solutions Corporation in a research report on Thursday.
Quarterly GAAP diluted EPS was $0.68, compared to $0.69 in the year-ago quarter. Cognizant Technology Solutions Corporation got Downgrade on 31-Jan-17 where investment firm Morgan Stanley Downgrade the stock from Overweight to Equal-Weight. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Community Financial News and is owned by of Community Financial News. Price changes resulting from an earnings surprise can be felt immediately. Given that liquidity is king in short-term, CTSH is a stock with 606.2 million shares outstanding that normally trades 1.28% of its float. The stock was sold at an average price of $55.53, for a total value of $1,110,600.00. A beta of less than 1 means that the security will be less volatile than the market. The latest exchange of 7.61 Million shares is above its average trading activity of 6.41 Million shares. Following the transaction, the chief financial officer now directly owns 40,741 shares of the company’s stock, valued at $2,369,496.56. The disclosure for this sale can be found here.
Cognizant has had “productive conversations” with Elliott and other investors in recent weeks to chalk out the plan, D’Souza said. Inside the closing six months period the stock’s performance declined -7.75% while overall yearly performance lost -0.48%. The stock has relative volume of 1.21. Leading up to this report, we have seen a 2.36% rise in the stock price over the last 30 days and a 5.67% increase over the past 3 months. Prudential PLC boosted its position in Cognizant Technology Solutions Corporation by 432.9% in the fourth quarter.
Average next regular session additional gain: 2.1%.
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Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) jumped 4.95% to reach at $56.45 during previous trading session. Insiders own 0.81% of the company’s stock. The company’s stock has grown by 19.72 percent in the past 5 years. Washington Trust Bank increased its stake in Cognizant Technology Solutions Corporation by 94.5% in the third quarter. “Janice’s expertise with global mobile product and technology companies, and Carol’s three decades of experience developing world-class enterprise services and teams, will be invaluable as we focus on unlocking long-term growth in our business and increasing shareholder value”.
