Analysts See $1.03 EPS for Cognizant Technology Solutions Corporation (CTSH)

July 11, 2018 - By Ash Ash

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) LogoInvestors sentiment decreased to 0.97 in Q1 2018. Its down 0.22, from 1.19 in 2017Q4. It dropped, as 44 investors sold Cognizant Technology Solutions Corporation shares while 338 reduced holdings. 100 funds opened positions while 269 raised stakes. 491.22 million shares or 0.15% less from 491.94 million shares in 2017Q4 were reported.
Gemmer Asset Mgmt Lc reported 349 shares or 0.01% of all its holdings. Plante Moran Ltd Limited Liability Company reported 0.08% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Timber Hill Ltd Liability Corporation holds 0.2% or 16,379 shares in its portfolio. Tci Wealth Advsrs has invested 0.04% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). 63,961 were reported by Cohen Lawrence B. Sensato Ltd Llc accumulated 130,300 shares. Wilbanks Smith & Thomas Asset Ltd Limited Liability Company holds 0.04% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 6,029 shares. Ent Service Corporation has 5,988 shares for 0.25% of their portfolio. Hemenway Trust Limited Liability Corporation has invested 0.05% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Utah Retirement has invested 0.19% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Univest Of Pennsylvania holds 64,996 shares. Commerzbank Aktiengesellschaft Fi holds 0.04% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 40,329 shares. Cornerstone Advsr holds 8,000 shares or 0.08% of its portfolio. Moreover, Schroder Mgmt Gp has 0.53% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Regentatlantic Cap Llc stated it has 0.1% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH).

Since January 16, 2018, it had 1 insider buy, and 51 insider sales for $34.48 million activity. Shares for $220,871 were sold by Friedrich Matthew W. on Tuesday, June 5. 1,726 shares valued at $136,354 were sold by CHATTERJEE DEBASHIS on Wednesday, February 7. $126,366 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Mackay Leo S. Jr. on Friday, June 15. $199,500 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by GOMATAM SUMITHRA on Wednesday, January 17. $128,538 worth of stock was sold by Kandiah Gajakarnan Vibushanan on Monday, March 12. 20,000 shares were sold by Breakiron-Evans Maureen, worth $1.66M on Tuesday, March 6.

Analysts expect Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report $1.03 EPS on August, 2.They anticipate $0.16 EPS change or 18.39 % from last quarter’s $0.87 EPS. CTSH’s profit would be $603.47 million giving it 19.80 P/E if the $1.03 EPS is correct. After having $0.99 EPS previously, Cognizant Technology Solutions Corporation’s analysts see 4.04 % EPS growth. The stock decreased 0.20% or $0.16 during the last trading session, reaching $81.59. About 2.53 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since July 12, 2017 and is uptrending. It has outperformed by 0.74% the S&P500.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Ratings Coverage

Among 16 analysts covering Cognizant (NASDAQ:CTSH), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Cognizant had 18 analyst reports since January 12, 2018 according to SRatingsIntel. RBC Capital Markets maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Wednesday, February 7. RBC Capital Markets has “Buy” rating and $94.0 target. BMO Capital Markets maintained the stock with “Outperform” rating in Thursday, February 8 report. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, May 8. Cowen & Co maintained it with “Buy” rating and $90.0 target in Thursday, February 8 report. The rating was maintained by Credit Suisse with “Buy” on Tuesday, May 8. The firm earned “Outperform” rating on Friday, February 9 by Credit Suisse. The stock has “Buy” rating by Citigroup on Thursday, January 18. The firm has “Neutral” rating given on Thursday, February 8 by Nomura. KeyBanc Capital Markets maintained the shares of CTSH in report on Wednesday, February 7 with “Buy” rating. The rating was maintained by Barclays Capital with “Overweight” on Thursday, February 8.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide. The company has market cap of $47.80 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. It has a 32.89 P/E ratio. The Company’s consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services.

Another recent and important Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news was published by Investorplace.com which published an article titled: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” on June 15, 2018.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Institutional Positions Chart

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