Cognizant Pretax Profit Margin from 2010 to 2024

CTSH Stock  USD 73.44  0.18  0.24%   
Cognizant Technology's Pretax Profit Margin is decreasing with slightly volatile movements from year to year. Pretax Profit Margin is estimated to finish at 0.20 this year. For the period between 2010 and 2024, Cognizant Technology, Pretax Profit Margin quarterly trend regression had mean deviation of  0.02 and range of 0.0741. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.14400868
Current Value
0.2
Quarterly Volatility
0.02086433
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cognizant Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cognizant main balance sheet or income statement drivers, such as Depreciation And Amortization of 260.9 M, Interest Expense of 43 M or Selling General Administrative of 3.5 B, as well as many exotic indicators such as Short Term Coverage Ratios of 13.15, Price Earnings Ratio of 33.68 or Price To Sales Ratio of 1.87. Cognizant financial statements analysis is a perfect complement when working with Cognizant Technology Valuation or Volatility modules.
  
This module can also supplement Cognizant Technology's financial leverage analysis and stock options assessment as well as various Cognizant Technology Technical models . Check out the analysis of Cognizant Technology Correlation against competitors.

Latest Cognizant Technology's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Cognizant Technology Solutions over the last few years. It is Cognizant Technology's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cognizant Technology's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Cognizant Pretax Profit Margin Regression Statistics

Arithmetic Mean0.17
Geometric Mean0.17
Coefficient Of Variation12.26
Mean Deviation0.02
Median0.17
Standard Deviation0.02
Sample Variance0.0004
Range0.0741
R-Value(0.44)
Mean Square Error0.0004
R-Squared0.20
Significance0.1
Slope(0)
Total Sum of Squares0.01

Cognizant Pretax Profit Margin History

2024 0.2
2023 0.14
2020 0.13
2019 0.15
2017 0.18
2015 0.17

About Cognizant Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cognizant Technology income statement, its balance sheet, and the statement of cash flows. Cognizant Technology investors use historical funamental indicators, such as Cognizant Technology's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Cognizant Technology investors may use each financial statement separately, they are all related. The changes in Cognizant Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cognizant Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cognizant Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cognizant Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Pretax Profit Margin 0.14  0.20 

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

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Moving against Cognizant Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:

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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.