For its second fiscal quarter (ending June 30), Cognizant Technology Solutions C (NASDAQ: CTSH) has reported E.P.S. of $1.14 compared to $0.92 a year ago. For the latest four quarters through June 30, E.P.S. were $4.40 versus $4.29 for the same period a year ago.
Recent Price Action
On 7/31/24, Cognizant Technology Solutions C (NASDAQ: CTSH) stock declined slightly by -0.2%, closing at $75.68. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 2.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CTSH is expected to continue to be a major Value Builder.
Cognizant Technology Solutions C has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Cognizant Technology Solutions C has a neutral Appreciation Score of 45 and a slightly negative Power Rating of 38, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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