Cognizant Technology Solutions (NASDAQ:CTSH) Updates FY 2025 Earnings Guidance

Cognizant Technology Solutions (NASDAQ:CTSH) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.900-5.060 for the period, compared to the consensus earnings per share estimate of 4.960. The company issued revenue guidance of $20.3 billion-$20.8 billion, compared to the consensus revenue estimate of $20.9 billion. Cognizant Technology Solutions also updated its Q1 2025 guidance to EPS.

Cognizant Technology Solutions Trading Up 0.1 %

Shares of CTSH stock traded up $0.06 during trading hours on Wednesday, reaching $83.60. The company had a trading volume of 4,779,941 shares, compared to its average volume of 2,822,692. The company has a 50 day moving average of $79.25 and a 200 day moving average of $77.41. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.23 and a quick ratio of 2.23. The firm has a market cap of $41.45 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 2.21 and a beta of 1.07. Cognizant Technology Solutions has a 1-year low of $63.79 and a 1-year high of $83.97.

Cognizant Technology Solutions (NASDAQ:CTSH) last posted its quarterly earnings data on Wednesday, February 5th. The information technology service provider reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Cognizant Technology Solutions had a net margin of 11.60% and a return on equity of 17.08%. On average, equities research analysts anticipate that Cognizant Technology Solutions will post 4.66 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on CTSH. Needham & Company LLC reaffirmed a “hold” rating on shares of Cognizant Technology Solutions in a research note on Thursday, October 31st. Morgan Stanley raised their price target on Cognizant Technology Solutions from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Mizuho lifted their price objective on Cognizant Technology Solutions from $83.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. UBS Group lifted their price target on Cognizant Technology Solutions from $83.00 to $86.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Robert W. Baird increased their price objective on shares of Cognizant Technology Solutions from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Seventeen investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $81.39.

Insider Activity at Cognizant Technology Solutions

In other news, CAO John Sunshin Kim sold 5,000 shares of Cognizant Technology Solutions stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $80.11, for a total transaction of $400,550.00. Following the transaction, the chief accounting officer now owns 39,022 shares in the company, valued at approximately $3,126,052.42. The trade was a 11.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.26% of the company’s stock.

Cognizant Technology Solutions Company Profile

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.