Cognizant Technology Solutions (NASDAQ:CTSH) Updates FY 2025 Earnings Guidance

Cognizant Technology Solutions (NASDAQ:CTSH) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.900-5.060 for the period, compared to the consensus earnings per share estimate of 4.960. The company issued revenue guidance of $20.3 billion-$20.8 billion, compared to the consensus revenue estimate of $20.9 billion. Cognizant Technology Solutions also updated its Q1 2025 guidance to EPS.

Analysts Set New Price Targets

A number of brokerages have weighed in on CTSH. TD Cowen lifted their price target on shares of Cognizant Technology Solutions from $75.00 to $76.00 and gave the company a “hold” rating in a research report on Thursday, October 31st. Robert W. Baird increased their price target on shares of Cognizant Technology Solutions from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Barclays raised shares of Cognizant Technology Solutions from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $80.00 to $95.00 in a research report on Tuesday, December 17th. UBS Group boosted their price target on Cognizant Technology Solutions from $83.00 to $86.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Cognizant Technology Solutions from $70.00 to $80.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Seventeen equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Cognizant Technology Solutions has an average rating of “Hold” and a consensus target price of $81.39.

Cognizant Technology Solutions Stock Up 0.1 %

Shares of CTSH traded up $0.06 during mid-day trading on Wednesday, hitting $83.60. 4,779,941 shares of the company’s stock were exchanged, compared to its average volume of 2,822,692. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.23 and a current ratio of 2.23. The company has a market cap of $41.45 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 2.21 and a beta of 1.07. The stock’s 50-day moving average is $79.25 and its 200-day moving average is $77.41. Cognizant Technology Solutions has a fifty-two week low of $63.79 and a fifty-two week high of $83.97.

Cognizant Technology Solutions (NASDAQ:CTSH) last released its quarterly earnings results on Wednesday, February 5th. The information technology service provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Cognizant Technology Solutions had a return on equity of 17.08% and a net margin of 11.60%. On average, sell-side analysts anticipate that Cognizant Technology Solutions will post 4.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Cognizant Technology Solutions news, CAO John Sunshin Kim sold 5,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $80.11, for a total value of $400,550.00. Following the transaction, the chief accounting officer now owns 39,022 shares in the company, valued at $3,126,052.42. The trade was a 11.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.26% of the stock is currently owned by company insiders.

About Cognizant Technology Solutions

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.