Cognizant Technology Solutions Corporation (CTSH) is a prominent player in the technology and business solutions sector, with a market capitalization of over $33 billion. In this article, we will delve into the numbers and recent developments to gain a better understanding of CTSH’s financial health and its outlook in the market.
By the Numbers

Current Stock Price: $66.29
Market Capitalization: $33.23 billion
Forward Price-to-Earnings (PE) Ratio: 15.00
Dividend Yield (TTM): 1.72%
Year-over-Year Revenue Growth: 0.35%
Short Interest: 1.34%
Previous Close: $66.27

These numbers paint a picture of CTSH’s financial landscape. The current stock price reflects the market’s perception of the company’s value, and its substantial market capitalization underscores its significance in the industry.
The forward PE ratio of 15.00 suggests that the stock is reasonably valued considering its earnings potential. A dividend yield of 1.72% is appealing for income-oriented investors. While the year-over-year revenue growth is moderate at 0.35%, it signifies stability. The short interest of 1.34% indicates the level of investor interest in the stock. With a previous close of $66.27, we have a starting point to evaluate CTSH’s recent market performance.
Key News and Events

Cognizant Technology recently declared a $0.29 dividend, offering a potential income source for shareholders.

The company’s non-GAAP earnings per share of $1.16 surpassed expectations by $0.07, even though revenue of $4.9 billion missed by $10 million. This mixed performance suggests that CTSH is actively working to enhance its profitability.

In Conclusion
Cognizant Technology Solutions Corporation (CTSH) is in a phase of change and opportunity. With a new CEO, the company is committed to reducing employee turnover and achieving more predictable revenue growth. Challenges remain, but recent performance and market indicators suggest that CTSH is on the right track.
As with any investment, it’s crucial to consider your risk tolerance and long-term outlook when evaluating CTSH as a potential addition to your portfolio. The numbers show a stable foundation, and the company’s efforts to address challenges indicate a commitment to growth and success in the technology and business solutions sector.