Cognizant Expertise Options Co. (NASDAQ:CTSH) Given Consensus Score of “Purchase” by Analysts

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Shares of Cognizant Expertise Options Co. (NASDAQ:CTSH) have been assigned a consensus advice of “Purchase” from the sixteen scores companies which might be at present protecting the inventory, MarketBeat.com experiences. One equities analysis analyst has rated the inventory with a promote score, 5 have issued a maintain score and eight have issued a purchase score on the corporate. The common 1 12 months goal value amongst analysts which have up to date their protection on the inventory within the final 12 months is $91.67.

A number of analysts have issued experiences on CTSH shares. The Goldman Sachs Group initiated protection on Cognizant Expertise Options in a analysis notice on Sunday, January ninth. They issued a “purchase” score and a $104.00 value goal on the inventory. Royal Financial institution of Canada elevated their goal value on Cognizant Expertise Options from $90.00 to $91.00 and gave the inventory an “outperform” score in a analysis notice on Friday, November nineteenth. Cowen elevated their goal value on Cognizant Expertise Options from $93.00 to $98.00 in a analysis notice on Thursday. BMO Capital Markets elevated their goal value on Cognizant Expertise Options from $92.00 to $100.00 in a analysis notice on Thursday. Lastly, UBS Group upgraded Cognizant Expertise Options from a “promote” score to a “impartial” score and elevated their goal value for the inventory from $58.50 to $89.00 in a analysis notice on Thursday, January twentieth.

In different Cognizant Expertise Options information, EVP Andrew J. Stafford bought 6,422 shares of the agency’s inventory in a transaction on Thursday, December ninth. The inventory was bought at a median value of $80.87, for a complete worth of $519,347.14. The sale was disclosed in a submitting with the SEC, which is on the market at this hyperlink. Firm insiders personal 0.31% of the corporate’s inventory.

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Hedge funds and different institutional traders have lately added to or decreased their stakes within the inventory. BlackRock Inc. raised its place in Cognizant Expertise Options by 0.4% through the third quarter. BlackRock Inc. now owns 47,901,916 shares of the data expertise service supplier’s inventory price $3,554,802,000 after buying an extra 201,419 shares over the past quarter. Dodge & Cox raised its place in Cognizant Expertise Options by 39.1% through the 2nd quarter. Dodge & Cox now owns 29,359,124 shares of the data expertise service supplier’s inventory price $2,033,413,000 after buying an extra 8,252,344 shares over the past quarter. State Road Corp raised its place in shares of Cognizant Expertise Options by 1.7% within the 2nd quarter. State Road Corp now owns 22,530,198 shares of the data expertise service supplier’s inventory price $1,560,442,000 after buying an extra 386,979 shares within the final quarter. Invesco Ltd. raised its place in shares of Cognizant Expertise Options by 20.4% within the third quarter. Invesco Ltd. now owns 15,932,928 shares of the data expertise service supplier’s inventory price $1,182,382,000 after buying an extra 2,694,620 shares within the final quarter. Lastly, Pzena Funding Administration LLC raised its place in shares of Cognizant Expertise Options by 16.9% within the third quarter. Pzena Funding Administration LLC now owns 14,110,915 shares of the data expertise service supplier’s inventory price $1,047,171,000 after buying an extra 2,044,744 shares within the final quarter. 89.41% of the inventory is at present owned by institutional traders.

NASDAQ:CTSH opened at $86.82 on Monday. The corporate has a fast ratio of two.11, a present ratio of two.08 and a debt-to-equity ratio of 0.05. The inventory’s 50 day shifting common value is $84.95 and its two-hundred day shifting common value is $79.67. The agency has a market capitalization of $45.60 billion, a price-to-earnings ratio of 21.44, a P/E/G ratio of 1.74 and a beta of 1.14. Cognizant Expertise Options has a 12-month low of $66.19 and a 12-month excessive of $92.03.

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Cognizant Expertise Options (NASDAQ:CTSH) final launched its quarterly earnings knowledge on Wednesday, February 2nd. The knowledge expertise service supplier reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. The agency had income of $4.78 billion for the quarter, in comparison with analyst estimates of $4.78 billion. Cognizant Expertise Options had a return on fairness of 19.00% and a web margin of 11.55%. The enterprise’s income for the quarter was up 14.2% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the corporate earned $0.67 earnings per share. Equities analysis analysts anticipate that Cognizant Expertise Options will publish 4.57 EPS for the present 12 months.

The agency additionally lately introduced a quarterly dividend, which might be paid on Tuesday, March 1st. Shareholders of document on Friday, February 18th might be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized foundation and a dividend yield of 1.24%. The ex-dividend date is Thursday, February seventeenth. This is a rise from Cognizant Expertise Options’s earlier quarterly dividend of $0.24. Cognizant Expertise Options’s dividend payout ratio (DPR) is at present 23.70%.

About Cognizant Expertise Options

Cognizant Expertise Options Corp. engages within the provision of data expertise, consulting, and enterprise course of outsourcing providers. It operates by the next enterprise segments: Monetary Providers; Healthcare; Merchandise and Assets; and Communications, Media, and Expertise. The Monetary Providers phase consists of banking and insurance coverage providers.

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