Analyst Ratings for Cognizant Technology Solutions Corp. (CTSH)

Updated: 2017-07-28

An average rating of Overweight has been given to Cognizant Technology Solutions Corp. (NASDAQ:CTSH) by analysts covering the stock. CTSH had previously received a consensus rating of Overweight a month ago.

Of the 35 analysts covering the stock, 16 gave it a buy rating, 4 gave an overweight rating, 13 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Today, there are 4 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CTSH by the analysts covering the stock. The most optimistic price target was 81, implying potential capital gains of 16.18 percent. The most pessimistic analyst gave a price target of 42, implying potential capital losses of -39.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.56 percent. The average change in earnings estimates over the last 90 days is 1.17 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

CTSH has an estimated earnings growth rate of 19.71 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CTSH is 1.29.

In the trailing 52-weeks, CTSH hit 70.49 at the highest peak, while it's lowest trading point was 45.44. Currently the stock is 53.43 percent higher than its low, and below the high by 1.09 percent. CTSH has a P/E ratio of 25.45. Investors typically compare the P/E ratio to a company's peers in the industry. The CTSH value stock report compares CTSH to some of its peers using value stock charts. The market cap of CTSH is $41.26 billion. CTSH's next earnings release will be on 0000-00-00, which is days away.