Robert W. Baird restated a “buy” rating on shares of Cognizant Technology Solutions Corp.in a research note on Monday, May 16th. Analyst’s mean target price for UDR is $38.33 while analysts mean recommendation is 2.80. The latest trading activity of 1.25 Million shares is below its average volume of 830.54K shares. The Company holds 606.10 million shares outstanding. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. With the last stock price down 5.00% relative to the two hundred day average, compared to the S&P 500 Index which has remained the same over the same time period. The previous close of the stock was called at $39.36. Following the transaction, the vice president now owns 3,945 shares in the company, valued at $230,782.50. CTSH’s institutional ownership was registered as 90.80%, while insider ownership was 0.30%.
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About Cognizant Technology Solutions Corp.
During last 5 trades the stock sticks nearly -2.23%.
Cognizant Technology Solutions Corporation’s short ratio is now at 1.7 and the float short is at 1.14%. Inc. boosted its position in Cognizant Technology Solutions Corp.by 5.0% in the second quarter.
By spotting trends, moving averages allow traders to make those trends work in their favor and increase the number of successful trades.
Institutional sponsorship is defined by ownership of a stock by mutual funds, banks, pension funds and other large institutions. 4 advised the “Hold” rating about this stock. The current rating of the shares is Neutral. Cognizant Technology Solutions Corporation’s (CTSH) is a part of Technology sector and belongs to Business Software & Services industry.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) plunged -3.8 per cent to reach at the trading price of $56.16 as it is set to release its next quarterly earnings report on November 02, 2016. 10 Financial Analysts covered the company’s stock. For comparison, a several other analysts have inssued statements on the company recently, and the company has earned a consensus one-year price target of $67.88, higher than the opening price of $58.69.
Shares of Cognizant Technology Solutions Corp. (NASDAQ:CTSH) opened at 58.38 on Thursday.
The 52-week high for Cognizant Technology Solutions Corporation stands at -16.36% while the 52-week low stands at 13.98%.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm.
Intel Corporation (NASDAQ:INTC) traded 20.33 Million shares on last trading day with closing price of $36.44.
Cognizant Technology Solutions Corp. (NASDAQ:CTSH) last posted its earnings results on Friday, August 5th.
Financial Times reported that The 7 analysts offering 12 month price targets for Whirlpool Corporation have a median target of 215.00, with a high estimate of 225.00 and a low estimate of 175.00. INTC EPS growth this year and EPS growth next year is 0.80%, 9.04% respectively. Revenues hit $3.37B in the June 2016 quarter, which was below the consensus $3.37B projection.
The share price of the company (NASDAQ:CTSH) was up +0.00%, with a high of 0.00 during the day and the volume of Cognizant Technology Solutions Corporation shares traded was 2347.
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Cognizant Technology Solutions Corporation is a provider of information technology (IT), consulting and business process services.
