Cognizant Technology Solutions Corporation (CTSH) Analysts See $1.05 EPS

October 14, 2018 - By Louis Casey

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) LogoInvestors sentiment increased to 1.12 in Q2 2018. Its up 0.15, from 0.97 in 2018Q1. It improved, as 70 investors sold Cognizant Technology Solutions Corporation shares while 277 reduced holdings. 74 funds opened positions while 313 raised stakes. 484.73 million shares or 1.32% less from 491.22 million shares in 2018Q1 were reported.
Price T Rowe Md owns 0.01% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 1.05 million shares. Howe And Rusling invested 0.01% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Reilly Fin Advsrs Limited Liability Co has 0.18% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Golub Grp Ltd Liability Com stated it has 458,163 shares. Moreover, Edgestream L P has 0.08% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 5,043 shares. Oppenheimer And Communication accumulated 0.15% or 69,495 shares. Blackrock has 42.85M shares for 0.16% of their portfolio. Jabre Cap Prtnrs Sa owns 4,200 shares. Linscomb Williams has 5,793 shares for 0.04% of their portfolio. Tortoise Llc holds 160 shares or 0% of its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt has invested 0.26% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Rdl Fincl invested 0.2% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Advisor Partners Ltd Liability reported 13,023 shares or 0.17% of all its holdings. Aviva Plc has 0.23% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Hartford Inv Com has 74,240 shares.

Since June 4, 2018, it had 0 insider purchases, and 30 sales for $4.09 million activity. Kandiah Gajakarnan Vibushanan sold $92,244 worth of stock. Friedrich Matthew W. sold 2,874 shares worth $220,871. $57,052 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by Lennox James Patrick. Telesmanic Robert also sold $795,252 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Friday, June 15. Shares for $18,908 were sold by Middleton Sean on Tuesday, July 10. Frank Malcolm sold $64,601 worth of stock or 859 shares.

Analysts expect Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report $1.05 EPS on November, 7.They anticipate $0.12 EPS change or 12.90 % from last quarter’s $0.93 EPS. CTSH’s profit would be $609.24 million giving it 17.18 P/E if the $1.05 EPS is correct. After having $1.10 EPS previously, Cognizant Technology Solutions Corporation’s analysts see -4.55 % EPS growth. The stock increased 2.67% or $1.88 during the last trading session, reaching $72.17. About 3.83M shares traded or 21.59% up from the average. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 3.93% since October 14, 2017 and is uptrending. It has underperformed by 11.69% the S&P500.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Ratings Coverage

Among 5 analysts covering Cognizant Tech Solns (NASDAQ:CTSH), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Cognizant Tech Solns had 5 analyst reports since May 8, 2018 according to SRatingsIntel. Bank of America downgraded the stock to “Underperform” rating in Tuesday, September 4 report. JP Morgan downgraded Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Tuesday, August 14 to “Neutral” rating. On Tuesday, May 8 the stock rating was maintained by Credit Suisse with “Buy”. KeyBanc Capital Markets maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Friday, August 3 with “Overweight” rating. Morgan Stanley maintained it with “Equal-Weight” rating and $87 target in Tuesday, May 8 report.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide. The company has market cap of $41.88 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. It has a 29.21 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.

More recent Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news were published by: Seekingalpha.com which released: “Cognizant to acquire Advanced Technology Group” on September 18, 2018. Also Seekingalpha.com published the news titled: “Cognizant Technology: The AI Advantage” on September 23, 2018. Seekingalpha.com‘s news article titled: “Cognizant: Dieting Over” with publication date: September 20, 2018 was also an interesting one.

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

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