Cognizant Technology Solutions Corporation (CTSH) has had a mixed performance lately, with several insider trading activities reported. Mackay Leo S. Jr. sold 3,300 CTSH shares, and Abdalla Zein, the Director of CTSH, sold 4,368 shares. CTSH’s profitability levels are decent, with positive margins and good capital return values. The company’s capital structure generated 12.57 points at debt to equity in total. However, opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold.” CTSH’s stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
Analyzing Cognizant Technology Solutions Corporation (CTSH) Stock Performance
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is a leading American multinational IT company that offers digital, technology, consulting, and operations services to various industries worldwide. Here is an analysis of CTSH’s recent stock performance.
CTSH’s Market Performance
CTSH’s stock price has risen by 1.25% compared to its previous closing price of 57.44. However, the company’s stock price has declined by 0.41% over the last five trading sessions. In the past week, the stock has fallen by 0.41%, with a monthly drop of 9.75% and a quarterly rise of 5.67%. The volatility ratio for the week is 2.14%, while the volatility levels for the last 30 days are 2.09% for Cognizant Technology Solutions Corporation. The simple moving average for the last 20 days is -4.15% for CTSH stock, with a simple moving average of -7.67% for the last 200 days.
Analysts’ Opinion of CTSH
Robert W. Baird has listed CTSH as “Neutral” and predicts a target price of $68 for the upcoming period, according to a research report published on February 03, 2023. On the other hand, MoffettNathanson expects CTSH to reach a price target of $60, and they have provided an “Underperform” rating for CTSH stocks, according to a report published on January 24th, 2023. In another report published on January 19th of the current year, MoffettNathanson gave a rating of “Underperform” to CTSH, setting the target price at $60.
CTSH Trading at -8.36% from the 50-Day Moving Average
CTSH is trading at -8.36% from the 50-day moving average, with volatility remaining at 2.09%. However, over the last 30 days, the volatility rate increased by 2.14%, as shares sank -9.53% for the moving average over the last 20 days. Over the last 50 days, the stock is trading -4.98% lower at present.
Insider Trading
There is no information provided in the original text regarding insider trading.
Insider Trading and Stock Fundamentals for Cognizant Technology Solutions Corporation (CTSH)
Reports indicate that there were several insider trading activities at CTSH, with Mackay Leo S. Jr. selling 3,300 shares at the price of $52.79 back on Nov 07. After this sale, Mackay Leo S. Jr. now owns 28,310 shares of Cognizant Technology Solutions Corporation, valued at $174,218 using the latest closing price. Abdalla Zein, the Director of CTSH, sold 4,368 shares at $65.44 during a trade that took place back on Sep 09, which means that Abdalla Zein is holding 13,556 shares at $285,846 based on the most recent closing price.
Stock Fundamentals for CTSH
CTSH’s current profitability levels for the company are:
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Present operating margin: +15.35
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Gross margin: +33.07
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Net margin: +11.79
The total capital return value is set at 21.69, while invested capital returns managed to touch 16.92. Equity return is now at value 19.00, with 13.10 for asset returns. Based on CTSH, the company’s capital structure generated 12.57 points at debt to equity in total, while total debt to capital is 11.16. Total debt to assets is 8.67, with long-term debt to equity ratio resting at 11.05. Finally, the long-term debt to capital ratio is 9.82.
When we switch over and look at the enterprise to sales, we see a ratio of 1.46, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 4.86, and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.17.
Conclusion
In conclusion, Cognizant Technology Solutions Corporation (CTSH) has had a mixed performance lately, with insider trading activities reported. CTSH’s profitability levels are decent, with positive margins and good capital return values. However, opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold.” It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
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