|Bid||71.51 x 1400|
|Ask||73.69 x 800|
|Day's Range||73.49 - 74.53|
|52 Week Range||69.69 - 85.10|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||29.82|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||0.80 (1.11%)|
|1y Target Est||89.21|
TEANECK, N.J., Oct. 16, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it is ranked second among HFS Research's Top 10 Cognitive Assistant Service Providers in a new report. HFS is a leading independent global analyst firm for the business and IT services industry. For the inaugural rankings, HFS analyzed capabilities of 19 service providers in the emerging market for "cognitive assistants," automated solutions that replace or augment human customer-facing transactions.
CHENNAI, India, Oct. 11, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced the implementation of a supply chain transformation program for Amway India, one of the country's largest direct selling FMCG (fast-moving consumer goods) companies. Cognizant successfully completed the technology consolidation and modernization of 28 of Amway's warehouses in India, in eight months. The new processes, systems and automation have enabled significant productivity increases, enhanced visibility to inventory and optimized warehouse operations.
TEANECK, N.J. , Oct. 10, 2018 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quarter ...
TEANECK, N.J., Oct. 8, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it has been named "2018 Systems Integrator of the Year for Application Scale" by Pivotal Software, Inc. (PVTL), a leading cloud-native platform provider for building enterprise software. The award, presented at Pivotal's SpringOne Platform conference, recognizes Cognizant for its at-scale enterprise application transformation expertise, and investment in training digital engineers on Pivotal Cloud Foundry® for developing software used by clients in industries such as banking, insurance, healthcare and telecommunications. "I am delighted to announce that Cognizant has received the Systems Integrator Partner of the Year for Application Scale award," said Nick Cayou, Vice President of Global Ecosystem, Pivotal Software.
Nine Bay Area startups raised nearly $400 million in funding at week's end, while another life science company filed for an IPO and three local investor-backed businesses were sold. Here are the details.
Tower Arch in 2016 acquired Softvision through its portfolio company, Software Paradigms International Group.
TEANECK, N.J., Oct. 4, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it has entered into a definitive agreement to acquire Softvision, LLC, a privately-held digital engineering and consulting company focused on agile development of innovative software solutions and platforms. The transaction is expected to close in the fourth quarter of 2018 subject to the satisfaction of the closing conditions, including regulatory review. Terms are not being disclosed. Softvision is a leader in developing custom digital products using unique collaborative engineering methods. The combination of capabilities from Softvision and Cognizant creates one of the top digital engineering companies in the world and a leader in software product development, helping clients innovate at speed and execute at scale.
NEW YORK, Oct. 04, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
General Electric (NYSE:GE) has jettisoned CEO John Flannery and GE stock holders are rejoicing. The press release announcing the change barely mentioned Flannery, and the shares reacted with a 15% gain in the pre-market, opening for trade Oct. 1 at $13. The new CEO is former lead director Larry Culp, who had settled into a sinecure lecturing at Harvard Business School on corporate strategy. Culp was replaced as GE’s lead director by former American Airlines (NYSE:AAL) CEO Thomas Horton.
Information technology provider Cognizant Technology Solutions Corp is in talks to buy application developer Softvision for about $550 million to boost Cognizant's digital business, people familiar with the matter said on Thursday. The negotiations come as Cognizant seeks to expand its offerings in digital and cloud services to take on outsourcing services rivals Accenture and IBM more effectively. The sources cautioned that the talks may not result in a deal and asked not to be identified because the matter is confidential.
TEANECK, N.J., Sept. 24, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced that its Board of Directors has elected Board member Michael Patsalos-Fox as its new Chairman. He succeeds John E. Klein, who has served as Chairman for nearly 15 years, and will remain a Board member. Patsalos-Fox, 65, was elected to the Cognizant Board in July 2012 and serves on the Finance, Management Development and Compensation, and Nominating, Governance and Public Affairs committees. Until October 2013, he was a Senior Partner at global management consulting firm McKinsey & Company, where he worked for 32 years.
As of September 17, analysts from various brokerage firms that track Accenture (ACN) stock have provided ratings. Accenture’s new digital cloud and security business concept, which is made up of Accenture Interactive, Accenture Applied Intelligence, Accenture Industry X.O, and Accenture Mobility, continues to generate strong business momentum. The average target price for Accenture provided by 28 analysts was $171.08 as of September 17.
TEANECK, N.J., Sept. 18, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced the acquisition of Advanced Technology Group (ATG), a privately-held provider of customer and revenue management consulting and implementation services focused on the Salesforce Platform. The transaction is expected to close in the fourth quarter of 2018 subject to customary reviews. Kansas-based ATG is a leader in helping companies effectively plan, implement, and optimize automated cloud-based Quote-to-Cash (Q2C) business processes and technologies. Founded in 2000, ATG has delivery centers in Kansas, Missouri, Ohio and Montana, with the largest team of specialized Configure, Price, Quote (CPQ), Contract Lifecycle Management (CLM), and Billing practitioners for multiple technology platforms anywhere. ATG's clients include major financial services, healthcare, communications and technology organizations ranging from well-funded startups to fast growing mid-market and large global enterprises.
New Finance and Accounting Outsourcing Provider Lens™ Report recognizes Cognizant as a leader across all five buyer archetypes TEANECK, N.J. , Sept. 13, 2018 /PRNewswire/ -- Cognizant has been named one ...
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TEANECK, N.J. and IRVING, Texas, Aug. 29, 2018 /PRNewswire/ -- Cognizant (CTSH) today opened its newest U.S. regional technology and service delivery center in Irving, Texas. The opening follows a November 2017 announcement by Texas Governor Greg Abbott on the company's plan to invest more than $8 million to expand in Irving and create 1,100 new jobs by 2023. The official opening of the Dallas-area Cognizant facility, located at 5001 Statesman Drive in Irving, included a ribbon-cutting ceremony and other presentations attended by state and local officials, Cognizant clients, and other special guests.
TEANECK, N.J. , Aug. 29, 2018 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the following ...
TEANECK, N.J. , Aug. 27, 2018 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will host its Investor Day on Friday, November ...
TEANECK, N.J., Aug. 23, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it has agreed to acquire SaaSfocus, a privately-held consulting firm specializing in digital transformation, leveraging the Salesforce Platform. SaaSfocus is one of the largest independent Salesforce Platinum consulting partners in the Asia-Pacific (APAC) region with operations across Australia and India. The acquisition will expand Cognizant's end-to-end digital transformation services and Salesforce cloud capabilities in these growing markets.