Cognizant Technology Solutions Stock Revenue
| CTSH Stock | USD 67.77 0.43 0.63% |
Cognizant Technology Solutions fundamentals help investors to digest information that contributes to Cognizant Technology's financial success or failures. It also enables traders to predict the movement of Cognizant Stock. The fundamental analysis module provides a way to measure Cognizant Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cognizant Technology stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 19.4 B | 20.3 B |
Cognizant | Revenue |
Cognizant Technology Solutions Company Revenue Analysis
Cognizant Technology's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Cognizant Technology Revenue | 19.35 B |
Most of Cognizant Technology's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cognizant Technology Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Cognizant
Projected quarterly revenue analysis of Cognizant Technology provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Cognizant Technology match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Cognizant Technology's stock price.
Cognizant Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Cognizant Technology is extremely important. It helps to project a fair market value of Cognizant Stock properly, considering its historical fundamentals such as Revenue. Since Cognizant Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cognizant Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cognizant Technology's interrelated accounts and indicators.
| 0.86 | 0.83 | 0.88 | 0.82 | 0.12 | ||
| 0.86 | 1.0 | 0.9 | 0.99 | 0.15 | ||
| 0.83 | 1.0 | 0.88 | 1.0 | 0.15 | ||
| 0.88 | 0.9 | 0.88 | 0.86 | 0.02 | ||
| 0.82 | 0.99 | 1.0 | 0.86 | 0.15 | ||
| 0.12 | 0.15 | 0.15 | 0.02 | 0.15 |
Click cells to compare fundamentals
Cognizant Revenue Historical Pattern
Today, most investors in Cognizant Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cognizant Technology's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cognizant Technology revenue as a starting point in their analysis.
Cognizant Technology Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Cognizant Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Cognizant Technology Solutions reported 19.35 B of revenue. This is 374.84% higher than that of the IT Services sector and 127.82% higher than that of the Information Technology industry. The revenue for all United States stocks is 105.12% lower than that of the firm.
Cognizant Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cognizant Technology's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cognizant Technology could also be used in its relative valuation, which is a method of valuing Cognizant Technology by comparing valuation metrics of similar companies.Cognizant Technology is currently under evaluation in revenue category among related companies.
Cognizant Technology ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cognizant Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cognizant Technology's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Cognizant Technology Institutional Holders
Institutional Holdings refers to the ownership stake in Cognizant Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cognizant Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cognizant Technology's value.| Shares | Boston Partners Global Investors, Inc | 2023-12-31 | 7.7 M | Amundi | 2023-12-31 | 6.9 M | Goldman Sachs Group Inc | 2023-12-31 | 6.6 M | Wellington Management Company Llp | 2023-12-31 | 6.5 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 5.9 M | Capital Research Global Investors | 2023-12-31 | 5.7 M | Northern Trust Corp | 2023-12-31 | 5.7 M | First Trust Advisors L.p. | 2023-12-31 | 5.5 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 5.4 M | Blackrock Inc | 2023-12-31 | 55.7 M | Vanguard Group Inc | 2023-12-31 | 51.1 M |
Cognizant Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 32.28 B | ||||
| Shares Outstanding | 497.84 M | ||||
| Shares Owned By Insiders | 0.16 % | ||||
| Shares Owned By Institutions | 97.96 % | ||||
| Number Of Shares Shorted | 13.32 M | ||||
| Price To Earning | 13.57 X | ||||
| Price To Book | 2.61 X | ||||
| Price To Sales | 1.78 X | ||||
| Revenue | 19.35 B | ||||
| Gross Profit | 7.04 B | ||||
| EBITDA | 3.46 B | ||||
| Net Income | 2.13 B | ||||
| Cash And Equivalents | 2.73 B | ||||
| Cash Per Share | 5.31 X | ||||
| Total Debt | 1.31 B | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 2.27 X | ||||
| Book Value Per Share | 26.56 X | ||||
| Cash Flow From Operations | 2.33 B | ||||
| Short Ratio | 2.34 X | ||||
| Earnings Per Share | 4.21 X | ||||
| Price To Earnings To Growth | 1.20 X | ||||
| Target Price | 77.91 | ||||
| Number Of Employees | 347.7 K | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 33.95 B | ||||
| Total Asset | 18.48 B | ||||
| Retained Earnings | 13.3 B | ||||
| Working Capital | 4.17 B | ||||
| Current Asset | 7.91 B | ||||
| Current Liabilities | 2.71 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.20 % | ||||
| Net Asset | 18.48 B | ||||
| Last Dividend Paid | 1.17 |
About Cognizant Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cognizant Technology Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cognizant Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cognizant Technology Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cognizant Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognizant Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognizant Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Cognizant Stock
| 0.88 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
Moving against Cognizant Stock
| 0.64 | FIS | Fidelity National Financial Report 25th of April 2024 | PairCorr |
| 0.43 | DTST | Data Storage Corp | PairCorr |
| 0.41 | FI | Fiserv Inc Symbol Change | PairCorr |
The ability to find closely correlated positions to Cognizant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognizant Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognizant Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognizant Technology Solutions to buy it.
The correlation of Cognizant Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognizant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognizant Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cognizant Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cognizant Technology Piotroski F Score and Cognizant Technology Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Cognizant Stock analysis
When running Cognizant Technology's price analysis, check to measure Cognizant Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognizant Technology is operating at the current time. Most of Cognizant Technology's value examination focuses on studying past and present price action to predict the probability of Cognizant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognizant Technology's price. Additionally, you may evaluate how the addition of Cognizant Technology to your portfolios can decrease your overall portfolio volatility.
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Is Cognizant Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.107 | Dividend Share 1.17 | Earnings Share 4.21 | Revenue Per Share 38.323 | Quarterly Revenue Growth (0.02) |
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.