CTSH - Cognizant Technology Solutions Corporation
| Previous Close | 81.57 |
| Open | 82.17 |
| Bid | 78.98 x 100 |
| Ask | 81.94 x 100 |
| Day's Range | 80.36 - 82.32 |
| 52 Week Range | 58.97 - 85.10 |
| Volume | 2,586,351 |
| Avg. Volume | 3,626,220 |
| Market Cap | 47.341B |
| Beta | 0.81 |
| PE Ratio (TTM) | 31.94 |
| EPS (TTM) | 2.53 |
| Earnings Date | May 7, 2018 |
| Forward Dividend & Yield | 0.80 (0.99%) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 89.58 |
- PR Newswire•6 days ago
Cognizant Completes Acquisition Of Bolder Healthcare Solutions
Cognizant Adds Specialized Revenue Cycle Management Services that Enable Hospitals, Physician Practices and Specialty Providers to Improve Efficiency, Profitability and Patient Experiences TEANECK, N.J. ...
- PR Newswire•9 days ago
Leading Indian Life Insurers Partner with Cognizant to Develop Industry-Wide Blockchain Solution for Secure Data-Sharing and Improved Customer Experience
MUMBAI, India, April 16, 2018 /PRNewswire/ -- Cognizant (CTSH) and a consortium of leading Indian life insurers — comprising SBI Life Insurance, Max Life Insurance, Canara HSBC OBC Life Insurance, Edelweiss Tokio Life, IDBI Federal Life Insurance, Birla Sun Life Insurance, HDFC Life, Kotak Life, Tata AIA Life, PNB MetLife, IndiaFirst Life Insurance, ICICI Prudential Life Insurance, Bharti AXA, Aegon Life, and SUD (Star Union Dai-ichi) Life Insurance — today announced that they have developed a blockchain solution to facilitate cross-company data-sharing. This will enable the insurers to reduce the risk of data breaches, fraud and money-laundering, while delivering superior experience to customers through improved process efficiency, better record-keeping, and accelerated turnaround time.
- PR Newswire•14 days ago
Cognizant Schedules First Quarter 2018 Earnings Release and Conference Call
TEANECK, N.J. , April 11, 2018 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the first quarter ...
Markit•15 days agoSee what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CTSH. Over the last one-month, outflows of investor capital in ETFs holding CTSH totaled $14.09 billion.
- Reuters•22 days ago
Indian court orders tax dept to lift freeze on Cognizant's funds
The tax department had frozen the company's bank accounts last month for allegedly evading a dividend distribution tax of more than 25 billion rupees ($385 million) following a share buyback, according to reports in the Indian media. The court asked the company to deposit 15 percent of the disputed tax, amounting to 4.9 billion rupees ($75 million) as security deposit till it decides on the case. The company said the court further granted its request to address the tax department's collection actions and scheduled a hearing later in April 2018.
Reuters•22 days agoIndian court orders tax dept to lift freeze on Cognizant's funds
The tax department had frozen the company's bank accounts last month for allegedly evading a dividend distribution tax of more than 25 billion rupees ($385 million) following a share buyback, according to reports in the Indian media. The court asked the company to deposit 15 percent of the disputed tax, amounting to 4.9 billion rupees ($75 million) as security deposit till it decides on the case. The company said the court further granted its request to address the tax department's collection actions and scheduled a hearing later in April 2018.
- PR Newswire•22 days ago
Cognizant Defends Tax Position At Chennai High Court Hearing; High Court Lifts Attachment Of Cognizant Accounts
TEANECK, N.J., April 3, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced that the Madras High Court in Chennai, India, granted Cognizant's application for a stay of the actions of the Indian Income Tax Department (ITD) and a lifting of the department's attachment of Cognizant's bank accounts. As part of the stay order, Cognizant will deposit $75 million (INR 4.9 billion), representing 15% of the disputed tax, to be kept in a suspense account by the ITD, with the remainder marked under lien. The Court further granted the request of Cognizant to address the ITD's collection actions and scheduled a hearing later in April 2018. The underlying dispute involves the Indian Income Tax Department's recent assertion that it is owned additional taxes in connection with a 2016 $2.8 billion share buyback transaction undertaken by Cognizant's principal operating subsidiary in India. In that transaction, undertaken pursuant to a plan approved by the Madras High Court, Cognizant paid approximately $135 million (INR 9 billion) in Indian income taxes, which it believes are all applicable taxes owed according to Indian law.
- Market Realist•22 days ago
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- PR Newswire•27 days ago
Cognizant Named a Leader in Gartner Magic Quadrant for CRM and Customer Experience Implementation Services, Worldwide
Report Recognizes Cognizant for its Ability to Execute and Completeness of Vision TEANECK, N.J. , March 29, 2018 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced it has been named a Leader in ...
- Reuters•28 days ago
Income Tax department freezes certain Cognizant bank accounts: report
A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016-17 financial year, the Hindu newspaper reported, citing officials from the tax department. The company's accounts were frozen a week back and it had approached the High Court against the tax department, according to the report.
Reuters•28 days agoIndia tax department freezes certain Cognizant bank accounts: report
A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016-17 financial year, the Hindu newspaper reported, citing officials from the tax department. The company's accounts were frozen a week back and it had approached the High Court against the tax department, according to the report.
Markit•29 days agoSee what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CTSH. Over the last one-month, outflows of investor capital in ETFs holding CTSH totaled $2.23 billion.
- PR Newswire•29 days ago
Cognizant Named Adobe's 2017 Delivery Quality Partner of the Year
LAS VEGAS, March 27, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it has been named "2017 Delivery Quality Partner of the Year" by Adobe, the global leader in digital marketing solutions. Cognizant was recognized by Adobe for its commitment to exceptional customer service on joint deployments of large digital transformation projects for clients across industries.
Reuters•last monthAccenture trims profit margin forecast as spending grows; stock dives
Accenture now expects fiscal 2018 operating margin — profit as a proportion of revenue — of 14.8 percent, a level consistent with results in fiscal 2017, but lower than the 10- to 30-basis-point expansion originally expected by the company. Dublin-based Accenture flagged lower profits from services for healthcare and public service clients as well as higher spending as reasons for the revised forecast. The company also said it expects operating margin to expand in the second half of the year.
- PR Newswire•last month
Cognizant And General Assembly To Launch No-Cost Digital Engineering Education Program
TEANECK, N.J. and NEW YORK, March 22, 2018 /PRNewswire/ -- Technology and business services company Cognizant (CTSH) and digital training and talent acquisition company General Assembly today announced a new digital engineering education program as part of Cognizant's global effort to address a growing digital skills gap and projected worldwide shortage of qualified technology workers. The web and software education program, open for anyone to apply and provided at no cost to participants, launches this month at multiple General Assembly campuses in the United States. This is the latest education initiative Cognizant has created to help meet increasing demand for technology professionals in the global digital economy. Cognizant is one of the world's largest technology employers with approximately 260,000 employees globally at year-end 2017. The company hired over 6,000 workers in the U.S. alone last year, and plans to add at least 25,000 more individuals across the country over the next five years. The company also recently announced it is contributing $100 million to a new non-profit foundation focused on U.S. STEM (science, technology, engineering and math) education.
- Zacks•last month
Zacks.com featured highlights include: Platform Specialty, Xylem, Cognizant Technology, Huntington Ingalls and Applied Materials
Zacks.com featured highlights include: Platform Specialty, Xylem, Cognizant Technology, Huntington Ingalls and Applied Materials
Markit•last monthSee what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
Cognizant Technology Solutions Corp NASDAQ/NGS:CTSH
- Business Wire•last month
Glancy Prongay & Murray LLP Commences Investigation on Behalf of Cognizant Technology Solutions Corporation Investors (CTSH)
Glancy Prongay & Murray LLP announces an investigation on behalf of Cognizant Technology Solutions Corporation investors concerning the Company and its directors’ and officers’ possible violations of state laws.
- PR Newswire•last month
Cognizant Launches $300 Million Accelerated Share Repurchase
TEANECK, N.J., March 14, 2018 /PRNewswire/ -- Cognizant Technology Solutions Corporation (CTSH), today announced that it has entered into an accelerated share repurchase ("ASR") agreement with Societe Generale to repurchase an aggregate of $300 million of Cognizant's Class A common stock. This ASR agreement is a continuation of its previously announced $3.4 billion capital return plan. The final number of shares to be repurchased will be based on the volume-weighted average stock price of Cognizant's Class A common stock less a discount and subject to potential adjustments pursuant to the terms of the ASR agreement.
Markit•last monthSee what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
Cognizant Technology Solutions Corp NASDAQ/NGS:CTSH
- Zacks•last month
The Zacks Analyst Blog Highlights: Applied Materials, Micron Technology, Seagate Technology, Intel and Cognizant Technology Solutions
The Zacks Analyst Blog Highlights: Applied Materials, Micron Technology, Seagate Technology, Intel and Cognizant Technology Solutions
Markit•last monthSee what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
Cognizant Technology Solutions Corp NASDAQ/NGS:CTSH
- PR Newswire•last month
Cognizant to Acquire Bolder Healthcare Solutions to Expand Revenue Cycle Management Services for Providers
TEANECK, N.J., March 12, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it has agreed to acquire Bolder Healthcare Solutions, a privately-held provider of revenue cycle management (RCM) solutions to hospitals, physician practices and other specialist healthcare organizations in the United States. The transaction is expected to close in the second quarter of 2018, subject to satisfaction of the closing conditions, including regulatory reviews. RCM software and processes integrate and automate healthcare administrative and medical data to ensure benefit eligibility and accurate billing and collections, greatly reducing the time between delivery of service to payment received. Louisville, Kentucky-based Bolder Healthcare Solutions is one of the fastest growing RCM companies, serving many of the largest U.S. health systems.
- Zacks•2 months ago
Why Is Cognizant (CTSH) Up 8.8% Since Its Last Earnings Report?
Cognizant (CTSH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks•2 months ago
6 Large-Cap Technology Stocks for Momentum Investors
We pick six technology stocks with market capital of more than $15 billion that are ideal for momentum investors.
