Cognizant Historical Income Statement

CTSH Stock  USD 67.54  0.39  0.57%   
Historical analysis of Cognizant Technology income statement accounts such as Interest Expense of 43 M, Selling General Administrative of 3.5 B or Total Revenue of 20.3 B can show how well Cognizant Technology Solutions performed in making a profits. Evaluating Cognizant Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cognizant Technology's future profits or losses.
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Cognizant Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cognizant Technology is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About Cognizant Income Statement Analysis

Cognizant Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cognizant Technology shareholders. The income statement also shows Cognizant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cognizant Technology Income Statement Chart

Cognizant Technology Solutions Income Statement is one of the three primary financial statements used for reporting Cognizant's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cognizant Technology revenue and expense. Cognizant Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Cognizant Technology's Other Operating Expenses is increasing as compared to previous years. The Cognizant Technology's current Operating Income is estimated to increase to about 3.1 B, while Depreciation And Amortization is projected to decrease to under 260.9 M.

Total Revenue

Total revenue comprises all receipts Cognizant Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cognizant Technology Solutions minus its cost of goods sold. It is profit before Cognizant Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cognizant Technology. It is also known as Cognizant Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Cognizant Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cognizant Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
As of now, Cognizant Technology's Other Operating Expenses is increasing as compared to previous years. The Cognizant Technology's current Operating Income is estimated to increase to about 3.1 B, while Depreciation And Amortization is projected to decrease to under 260.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.9B7.0B6.2B3.2B
Total Revenue18.5B19.4B19.4B20.3B

Cognizant Technology income statement Correlations

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Click cells to compare fundamentals

Cognizant Technology Account Relationship Matchups

Cognizant Technology income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization905M889M604M629M519M260.9M
Interest Expense27M26M24M9M41M43.1M
Selling General Administrative3.0B3.1B3.5B3.4B3.3B3.5B
Total Revenue16.8B16.7B18.5B19.4B19.4B20.3B
Gross Profit6.1B6.0B6.9B7.0B6.2B3.2B
Other Operating Expenses14.1B14.3B15.7B16.5B16.4B17.2B
Operating Income2.5B2.1B2.8B3.0B2.9B3.1B
Ebit2.5B2.1B2.8B3.0B2.9B3.1B
Ebitda3.4B3.0B3.4B3.6B3.5B3.6B
Cost Of Revenue10.6B10.7B11.6B12.4B13.2B13.8B
Total Operating Expenses3.5B3.7B4.1B4.0B3.2B1.8B
Income Before Tax2.5B2.1B2.8B3.0B2.8B2.9B
Total Other Income Expense Net90M(18M)1M48M(157M)(149.2M)
Net Income1.8B1.4B2.1B2.3B2.1B2.2B
Income Tax Expense643M704M693M730M668M369.8M
Net Income Applicable To Common Shares1.8B1.4B2.1B2.3B2.6B2.8B
Net Income From Continuing Ops1.9B1.4B2.1B2.3B2.1B1.6B
Non Operating Income Net Other58M6M13M71M81.7M50.7M
Tax Provision643M704M693M730M666M589.5M
Interest Income177M176M119M30M59M84.6M
Reconciled Depreciation526M559M574M569M560M586.0M

Cognizant Technology Investors Sentiment

The influence of Cognizant Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cognizant. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cognizant Technology's public news can be used to forecast risks associated with an investment in Cognizant. The trend in average sentiment can be used to explain how an investor holding Cognizant can time the market purely based on public headlines and social activities around Cognizant Technology Solutions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cognizant Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cognizant Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cognizant Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cognizant Technology.

Cognizant Technology Implied Volatility

    
  140.29  
Cognizant Technology's implied volatility exposes the market's sentiment of Cognizant Technology Solutions stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cognizant Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cognizant Technology stock will not fluctuate a lot when Cognizant Technology's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cognizant Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cognizant Technology's short interest history, or implied volatility extrapolated from Cognizant Technology options trading.

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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.