EPS for Cognizant Technology Solutions Corporation (CTSH) Expected At $1.03

July 11, 2018 - By Catherine Diaz

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) LogoInvestors sentiment decreased to 0.97 in Q1 2018. Its down 0.22, from 1.19 in 2017Q4. It dived, as 44 investors sold Cognizant Technology Solutions Corporation shares while 338 reduced holdings. 100 funds opened positions while 269 raised stakes. 491.22 million shares or 0.15% less from 491.94 million shares in 2017Q4 were reported.
Lombard Odier Asset Mgmt (Switzerland) stated it has 0.09% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Bailard Incorporated holds 0.21% or 39,915 shares in its portfolio. Boston Family Office Limited Liability owns 3,498 shares. Bluemountain Capital Limited Liability, a New York-based fund reported 148 shares. 60,219 were reported by Advantus Cap Management. Winslow Evans & Crocker reported 26,562 shares. The New Hampshire-based Wendell David Assoc has invested 0.53% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Nordea holds 7.96 million shares or 1.53% of its portfolio. Matthews Intll Cap Mgmt Ltd Co reported 3.03 million shares stake. Clark Capital Mngmt Group Inc stated it has 0.82% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Parsec reported 12,778 shares. Louisiana State Employees Retirement invested in 35,900 shares or 0.13% of the stock. Beese Fulmer Invest stated it has 79,745 shares. Ls Inv Lc stated it has 27,599 shares. Royal Commercial Bank Of Canada reported 1.01 million shares.

Since January 16, 2018, it had 1 insider purchase, and 51 insider sales for $34.48 million activity. fox John nelson JR sold $467,313 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Tuesday, March 13. 25,000 shares were sold by RAMAKRISHNAN CHANDRASEKARAN, worth $1.89M on Tuesday, January 16. The insider GOMATAM SUMITHRA sold $199,500. Another trade for 4,614 shares valued at $375,571 was made by Lennox James Patrick on Thursday, March 1. $798,094 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by Kandiah Gajakarnan Vibushanan. KRISHNASWAMY VENKAT sold $316,000 worth of stock or 4,000 shares.

Analysts expect Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report $1.03 EPS on August, 2.They anticipate $0.16 EPS change or 18.39 % from last quarter’s $0.87 EPS. CTSH’s profit would be $603.47 million giving it 19.80 P/E if the $1.03 EPS is correct. After having $0.99 EPS previously, Cognizant Technology Solutions Corporation’s analysts see 4.04 % EPS growth. The stock decreased 0.20% or $0.16 during the last trading session, reaching $81.59. About 2.53M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since July 12, 2017 and is uptrending. It has outperformed by 0.74% the S&P500.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Ratings Coverage

Among 16 analysts covering Cognizant (NASDAQ:CTSH), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Cognizant had 18 analyst reports since January 12, 2018 according to SRatingsIntel. The stock has “Hold” rating by Susquehanna on Wednesday, February 7. Credit Suisse maintained it with “Outperform” rating and $100 target in Friday, February 9 report. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, February 7. Morgan Stanley maintained the shares of CTSH in report on Tuesday, May 8 with “Equal-Weight” rating. The rating was maintained by Barclays Capital on Thursday, February 8 with “Overweight”. Credit Suisse maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Tuesday, May 8. Credit Suisse has “Buy” rating and $9500 target. BMO Capital Markets maintained it with “Outperform” rating and $86 target in Thursday, February 8 report. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by SunTrust on Wednesday, February 7. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Neutral” rating by Nomura on Thursday, February 8. The company was maintained on Wednesday, February 7 by RBC Capital Markets.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide. The company has market cap of $47.80 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. It has a 32.89 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.

Another recent and important Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news was published by Investorplace.com which published an article titled: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” on June 15, 2018.

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

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