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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.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Pick your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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Step 3: Put funds into your brokerage account

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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

CTSH Price
$68.22
1w %
3.82%
1y %
-20.73%
5y %
-6.92%
P/E
15.16x
P/B
2.93x
P/S
1.82x
PEG
1.65x
Revenue
$19.37B
Earnings
$2.35B
Fore. Rev. Growth
10.07%
Fore. Earn. Growth
11.33%
Market Cap
$35.06B
Next Earnings
N/A
Next Dividend
Feb 28, 2023

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

SMA10
66.5
SMA20
64.5
SMA50
60.8
SMA100
60
SMA200
65.12
MACD
2.34
MACD Signal
2.01
MACD Histogram
0.33
RSI
60.06
Stochastic %K
78.3
Stochastic %D
87.42
StochRSI %K
57.19
StochRSI %D
75.95

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.

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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:

  1. Choose where to buy Cognizant Technology Solutions stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Research Cognizant Technology Solutions stock
  5. Place your CTSH purchase
  6. Watch your investment in CTSH

If you need a online brokerage, eToro is our favorite option.

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If you want to get the latest scoop on your new investment in Cognizant Technology Solutions, add CTSH to your watchlist below.

NASDAQ: CTSH
$68.22-2.44 (-3.45%)
Updated Feb 3, 2023
Open eToro Account
NASDAQ: CTSH
$68.22-2.44 (-3.45%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Cognizant Technology Solutions share?

As of Feb 3, 2023, it costs $68.22 to buy one share of Cognizant Technology Solutions stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.147 shares of CTSH.

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Is now a good time to buy Cognizant Technology Solutions stock?

According to 15 Wall Street analysts who monitor Cognizant Technology Solutions, their consensus recommendation is to hold Cognizant Technology Solutions stock.

What is the best way to buy Cognizant Technology Solutions stock?

One way to place an order for Cognizant Technology Solutions stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.