Based on Cognizant’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $4.13 billion and quarterly net profit of $648 million. In comparison, last year the company earned revenue of $3.83 billion and had a GAAP net loss of $18 million. CTSH’s market cap is $40.93B and the company has a P/E ratio of 19.70. Currently, Cognizant has an average volume of 3.45M.
Based on 14 analyst ratings, the analyst consensus is Strong Buy with an average price target of $84.21, reflecting a 18.5% upside.
The insider sentiment on Cognizant has been negative according to 267 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following business segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology.