Noticeable Stock at: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

In looking at the prospects of the firm, market has a mean per-share earnings forecast for this year of $3.2.In Cognizant Technology Solutions Corporation (NASDAQ:CTSH) latest quarter ended on 30 Sep 2016, company revealed earnings of $0.86 a share. The information technology service provider reported $0.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.02. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) has “Buy” rating given on Monday, September 26 by Societe Generale. The company earned $3.45 billion during the quarter, compared to analysts’ expectations of $3.46 billion. During the same quarter past year, the firm posted $0.76 EPS. If you are viewing this piece on another site, it was illegally copied and reposted in violation of USA & worldwide copyright and trademark legislation. Albion Financial Group UT boosted its position in Cognizant Technology Solutions Corporation by 0.4% in the second quarter. CTSH was included in 37 notes of analysts from August 6, 2015.According to Zacks Investment Research, “Cognizant Technology Solutions delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business”. Cantor Fitzgerald reissued a buy rating and issued a $68.00 target price on shares of Cognizant Technology Solutions Corporation in a research note on Monday, October 3rd.Cognizant Technology Solutions Corporation (NASDAQ:CTSH) now has mean rating of 2.20 while 17 analysts have commented the shares as “BUY”, 6 recommended as “OUTPERFORM” and 9 commented as “HOLD”. Wedbush raised shares of Cognizant Technology Solutions Corporation from a neutral rating to an outperform rating and raised their target price for the company from $65.00 to $70.00 in a research note on Friday, January 6th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Cognizant Technology Solutions Corporation presently has a consensus rating of “Buy” and an average target price of $65.18.Adage Capital Partners GP L.L.C. raised its stake in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 1.9% during the third quarter, Holdings Channel reports. The stock had a trading capacity of 6.38M shares. The Low and High Price targets are $45 and $75, respectively. The stock has a 50-day moving average of $55.82 and a 200-day moving average of $55.48. Massachusetts Financial Services Co. Pinkerton Retirement Specialists LLC bought a new position in Cognizant Technology Solutions Corporation during the second quarter valued at approximately $166,000. One quarter earlier, revenue for the stock was at $3.37 billion, with earnings at $0.87/share. Virtus Investment Advisers Inc. bought a new position in Cognizant Technology Solutions Corporation during the third quarter valued at approximately $132,000. Sales during the quarter are predicted to arrive at $3.49 billion. Finally, Wedbush Securities Inc. boosted its position in Cognizant Technology Solutions Corporation by 0.4% in the second quarter.Following Earnings result, share price were UP 2 times out of last 3 Qtrs. Washington Trust Bank boosted its position in Cognizant Technology Solutions Corporation by 94.5% in the third quarter. Nordea Investment Management AB now owns 11,193,191 shares of the information technology service provider’s stock worth $534,027,000 after buying an additional 2,499,068 shares during the last quarter. The business’s revenue for the quarter was up 8.4% compared to the same quarter past year. Institutional investors own 84.01% of the company’s stock.TRADEMARK VIOLATION WARNING: “Zacks Investment Research Upgrades Cognizant Technology Solutions Corporation (CTSH) to Buy” was originally reported by Marea Informative and is the sole property of of Marea Informative.In order to reach an opinion/Recommendation the analyst research public financial statements, listen in on conference calls and talk to managers and the customers of a company, in attempt to capture the information for a research report. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.In related news, insider Gajakarnan Vibushanan Kandiah sold 20,000 shares of the company’s stock in a transaction on Monday, December 12th. The stock was sold at an average price of $54.33, for a total transaction of $201,509.97. Following the completion of the transaction, the chief financial officer now owns 40,741 shares in the company, valued at $2,369,496.56. The disclosure for this sale can be found here.To have technical views, liquidity ratio of a company calculated as 7.40 to match up with its debt to equity ratio of 0.00. The company has a market cap of $34,588 million.

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