How to Buy Cognizant Technology Solutions Stock
Cognizant Technology Solutions Corp
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.
Cognizant Technology Solutions stock last closed at $68.22, down 3.45% from the previous day, and has decreased 20.73% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.13 percentage points. Cognizant Technology Solutions stock is currently +32.9% from its 52-week low of $51.33, and -27.01% from its 52-week high of $93.47.
As of Feb 3, 2023, there are 513.92M shares of CTSH outstanding. The market cap of CTSH is $35.06B. In the last 24 hours, 7.37M CTSH shares were traded.
How to Buy Cognizant Technology Solutions Stock
Not sure how to invest in Cognizant Technology Solutions stock? Here's how.
- Choose where to buy Cognizant Technology Solutions stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Cognizant Technology Solutions stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Research Cognizant Technology Solutions stock: The Cognizant Technology Solutions ticker symbol is CTSH. Is Cognizant Technology Solutions stock a good investment? Should you buy shares of CTSH? How do CTSH's underlying business fundamentals look? Do top analysts think Cognizant Technology Solutions is a good buy? Why has CTSH's stock price moved recently? (Hint: Our stock market research tools can help you understand if CTSH is a good stock to buy).
- Place your CTSH purchase: Decide if you will purchase CTSH shares at the current market price or use a limit order to purchase CTSH stock at a particular price.
- Watch your investment in CTSH: Create a watchlist to watch your investment in Cognizant Technology Solutions stock.
Step 1: Choose where to buy Cognizant Technology Solutions stock
You need an online brokerage account to access the NASDAQ market and buy CTSH shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can buy CTSH today.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal data to start a new trading account.
- Submit your details by clicking the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring funds into your new investment account.
Step 4: Research Cognizant Technology Solutions stock
After you have identified the best place to buy Cognizant Technology Solutions stock, it's very important to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Overview of key CTSH info
Fundamentals of Cognizant Technology Solutions
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis.
You can view all of the due diligence checks on CTSH's stock page.
Is CTSH stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CTSH's true value.
Using relative valuations measures:
- CTSH may be undervalued based on its P/E ratio of 15.16x, relative to Information Technology Services industry P/E ratio of 35.36x
- CTSH could be undervalued based on its P/B ratio of 2.93x, relative to Information Technology Services industry P/B ratio of 3.77x
- CTSH may be overvalued based on its PEG ratio of 1.65x
You can access additional valuation research on CTSH's stock here.
CTSH Financial Health Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the CTSH balance sheet.
- There are more short-term assets than short-term liabilities on the CTSH balance sheet.
- CTSH's operating cash flow of $2.69B allows it to safely service it's debt of $1.52B.
- CTSH profit margin has gone up from 10.5% to 12.1% in the past year.
- CTSH earnings of $3.06B is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- CTSH has a relatively high debt to equity ratio of 0.45.
- Total CTSH debt is higher than 5 years ago, relative to shareholder equity.
Is Cognizant Technology Solutions stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 15 Equities analysts who give ratings on CTSH, the consensus analyst rating on CTSH is a Hold
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent CTSH Analyst Upgrades/Downgrades
Ramsey El-Assal, a bottom 1% analyst from Barclays maintains CTSH with a strong sell rating and raises their CTSH price target from $45.00 to $53.00, on Feb 6, 2023.
James Friedman, a bottom 6% analyst from Susquehanna maintains CTSH with a strong buy rating and lowers their CTSH price target from $93.00 to $91.00, on Feb 3, 2023.
James Faucette, a top 12% analyst from Morgan Stanley maintains CTSH with a hold rating and lowers their CTSH price target from $65.00 to $60.00, on Feb 3, 2023.
David Koning, a top 10% analyst from Baird downgrades CTSH to a hold rating and raises their CTSH price target from $66.00 to $68.00, on Feb 3, 2023.
Keith Bachman, a top 11% analyst from BMO Capital maintains CTSH with a hold rating and raises their CTSH price target from $65.00 to $71.00, on Jan 13, 2023.
You can dig deeper into what analysts are forecasting on the Cognizant Technology Solutions stock forecast page.
CTSH Technicals
Is CTSH Growing Revenue?
Last year, CTSH earnings were $2.35B. In the past 5 year, CTSH's earnings have increased by 6.79% per year. This was slower than the Information Technology Services industry average of 6.88%.
Last year, CTSH revenue was $19.37B. During the past five year, CTSH's revenue has gone up by 6.04% per year. This was slower than the Information Technology Services industry average of 10.86%.
Find out more about CTSH's earnings and revenue performance here.
What are CTSH insiders up to?
In the last year, executives and large shareholders at CTSH have sold more shares than they have bought.
Robert C. Walker, EVP Pres Global Growth Mkts of CTSH, was the latest CTSH insider to sell. They sold $51,010.44 worth of CTSH shares on Feb 1, 2023.
Get more info about who owns CTSH shares here.
Can I rely on CTSH as an income stream?
Cognizant Technology Solutions pays a dividend of 1.58%, compared to the Information Technology Services industry's average dividend yield of 1.85%. If you owned $1,000 of CTSH stock, you would have received $15.83 in the past 12 months.
Cognizant Technology Solutions dividend payments have consistently grown over the past 6 years and have remained stable.
Dig into more info about Cognizant Technology Solutions dividend yield and history here.
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Step 5: Place your CTSH purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and eToro will execute your order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Watch your investment in CTSH
Now that you own some CTSH shares, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get notified of important updates regarding your CTSH stock.
CTSH Feed
How to Buy Stock in Cognizant Technology Solutions
To summarize, here are the 6 steps for buying Cognizant Technology Solutions stock:
- Choose where to buy Cognizant Technology Solutions stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Cognizant Technology Solutions stock
- Place your CTSH purchase
- Watch your investment in CTSH
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Cognizant Technology Solutions, add CTSH to your watchlist below.
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