Cognizant Technology Solutions (NASDAQ:CTSH) Upgraded by BidaskClub to Sell

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Inspection of building concept. Real estate developer. Earthquake resistant construction.

Cognizant Technology Solutions stock has undergone multiple analysts rating changes in the recent past.  Cognizant Technology Solutions Upgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Strong Sell.

Shares of Cognizant Technology Solutions traded no change $0.00 on Monday, reaching $56.49. 0 shares of the stock traded hands, compared to its average volume of 3324778. Shares of Cognizant Technology Solutions ended Monday on at $56.49. The firm’s 50 day moving average is $54.64 and its 200 day moving average is $58.59.Cognizant Technology Solutions  has a 12 month low of #N/A and a 12 month high of $71.48. While on yearly highs and lows, Cognizant Technology Solutions’s today has traded high as #N/A and has touched #N/A on the downward trend. See More Analyst Rating at: RATING

Cognizant Technology Solutions Earnings and What to expect: 

Cognizant Technology Solutions last posted its earnings data on May 7th, 2020. The information technology service provider reported $0.96 EPS for the quarter, beating the consensus estimate of $0.93 by $0.03. The company had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. Its revenue was up 2.8% compared to the same quarter last year. Cognizant Technology Solutions has generated $3.99 earnings per share over the last year and currently has a price-to-earnings ratio of 17.7. Cognizant Technology Solutions has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 29th, 2020 based off prior year’s report dates.

Earnings for Cognizant Technology Solutions are expected to grow by 14.96% in the coming year, from $3.41 to $3.92 per share. The P/E ratio of Cognizant Technology Solutions is 17.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.96. The P/E ratio of Cognizant Technology Solutions is 17.71, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 46.18. Cognizant Technology Solutions has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued. Cognizant Technology Solutions has a P/B Ratio of 2.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.31%
  • On 6/15/2020 Insider Malcolm Frank Sell 448 at average share price of $54.62 which equates to $24,469.76 in money value.
  • On 6/15/2020 General Counsel Matthew W Friedrich Sell 459 at average price of  $54.62 with total value of : Not Data Available
  • On 6/9/2020 SVP Robert Telesmanic Sell 242 at average price of  $57.36 with total value of : $13,881.12

Analyst at BidaskClub are also talking about :

  • 6/30/2020 – Winmark was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Vaxart was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – VSE was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Verisign was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Cognizant Technology Solutions (NASDAQ:CTSH) Moving Average Technical Analysis

5 day Moving Average is $55.26 And 5 day price change is $2.64 (4.90%)  with average volume for 5 day average is 3,641,220. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $55.43 and 20 day price change is $3.64 (6.89%) and average 20 day moving volume is 3,236,970. 50 day moving average is $54.64  and 50 day price change is $2.68 ( 4.98%)  and with average volume for 50 days is : 3,675,086. 200 day moving average is $58.59  and 200 day price change is -$8.35 (-12.88%)  and with average volume for 200 days is : 3,658,301.

See More Analyst Rating at: RATING