Saturday, 24 February, 2018

Analytical Report on Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Cognizant forecast revenue of between $3.88 billion and $3.92 billion for the first quarter ending March Cognizant forecast revenue of between $3.88 billion and $3.92 billion for the first quarter ending March
Nellie Chapman | 08 February, 2018, 10:38

While it's Return on Investment (ROI) value is 12.8%. The information technology service provider reported $0.98 EPS for the quarter, beating the Zacks' consensus estimate of $0.85 by $0.13.

As a rapidly growing global company providing consulting, digital, technology and business process services, Cognizant is one of the largest technology employers in America. 4,282,381 shares of the stock traded hands, compared to its average volume of 3,659,374. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. It has underperformed by 11.20% the S&P500.

Kenmare Capital Partners Llc increased its stake in Career Education Corp (CECO) by 33.55% based on its latest 2017Q3 regulatory filing with the SEC. The hedge fund run by Jeffrey Smith held 1.15M shares of the edp services company at the end of 2017Q3, valued at $83.42M, down from 1.43 million at the end of the previous reported quarter. (NYSE:KND) also in unadorned vista to attract passive and active investors, shares in most recent trading session shows upbeat performance moved up 1.66% after traded at $9.20. About 908,817 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 7, 2017 and is uptrending. It has outperformed by 50.67% the S&P500.

Wealthfront Inc, which manages about $1.70 billion and $7.62B US Long portfolio, upped its stake in Bb&T Corp Com (NYSE:BBT) by 6,746 shares to 27,640 shares, valued at $1.30 million in 2017Q3, according to the filing. It also increased its holding in Range Resources (NYSE:RRC) by 68,845 shares in the quarter, for a total of 198,535 shares, and has risen its stake in Ishares S&P Smallcap 600 Index (IJR). $4.00M worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Hood Amy.

Investors sentiment increased to 1.27 in 2017 Q3. Its down 0.02, from 0.97 in 2017Q2. Canada Pension Plan Investment Board has invested 0.11% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Strategic Fincl Inc stated it has 0.79% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Hsbc Public Ltd Llc stated it has 0.13% of its portfolio in NextEra Energy, Inc. Moreover, Destination Wealth Mngmt has 0.04% invested in Microsoft Corporation (NASDAQ:MSFT). Mirae Asset Global Investments Limited accumulated 73,610 shares. Advisor Prns Limited Liability Company holds 11,097 shares. They expect $0.88 EPS, up 15.79% or $0.12 from last year's $0.76 per share. Cook And Bynum Cap Ltd Llc has invested 10.02% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Oak Associates Limited Oh invested in 16,492 shares or 0.09% of the stock. Hermes Invest Management holds 0.89% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 792,779 shares. Washington Trust Commercial Bank accumulated 2,659 shares. New York-based Benchmark Advsrs has invested 0.43% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). 287,516 are owned by Logan Cap Mgmt. Wells Fargo & Mn reported 4.76M shares stake.

Among 14 analysts covering Ball Corporation (NYSE:BLL), 10 have Buy rating, 1 Sell and 3 Hold. Therefore 80% are positive. Brown-Forman had 37 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Friday, June 23 by RBC Capital Markets. Wunderlich has "Hold" rating and $60 target. Shine Investment Advisory Services Inc. now owns 1,512 shares of the information technology service provider's stock valued at $107,000 after acquiring an additional 788 shares in the last quarter. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. RBC Capital Markets has "Buy" rating and $89.0 target. Guggenheim maintained it with "Buy" rating and $177.0 target in Tuesday, January 2 report. The firm has "Equal-Weight" rating by Morgan Stanley given on Tuesday, January 31. As per Thursday, November 2, the company rating was maintained by BMO Capital Markets.

Since August 10, 2017, it had 0 insider buys, and 38 selling transactions for $57.98 million activity.

Cognizant Technology Solutions once again saw growth in digital-related revenue during the fourth quarter (ended December 31) as the company continued its shift to digital services and solutions, according to CEO Francisco D'Souza. The insider RAMAKRISHNAN CHANDRASEKARAN sold 25,000 shares worth $1.83 million. Another trade for 42,500 shares valued at $3.23M was sold by Mehta Rajeev. 1,954 shares valued at $139,248 were sold by Kandiah Gajakarnan Vibushanan on Friday, September 8. Lennox James Patrick sold $123,456 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Thursday, September 7. Pictet Cie (Europe) Sa has invested 1.33% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Pathstone Family Office LLC increased its holdings in shares of Cognizant Technology Solutions by 1,208.8% during the second quarter. Its up 0.27, from 0.76 in 2017Q2. 0 funds opened positions while 0 raised stakes. The total dollar value of all 603.51 million outstanding shares is 44.6 billion.

Cognizant Technology Solutions Corporation (CTSH) now has a Return on Assets (ROA) value of 13.7 Percent. M&T National Bank Corporation holds 0.06% or 144,154 shares in its portfolio. 569,421 are owned by National Pension Ser. Keybank Association Oh accumulated 0.03% or 69,323 shares. Amica Pension Fund Board Of Trustees reported 0.6% stake. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has "Buy" rating given on Thursday, September 10 by Suntrust Robinson. Next Fincl Gru has 0.08% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 4,081 shares. Credit Suisse Ag reported 1.11 million shares. Services Automobile Association reported 76,731 shares. Koshinski Asset Mgmt reported 3,914 shares. Its up 0.74% from 854,500 shares previously. Manufacturers Life Ins Co The invested in 0.57% or 6.15M shares.