Cognizant Technology Solutions (CTSH)
Information Technology2 articles
Price chart
Why is CTSH moving today?
+0.4%CTSH is +0.4% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 2 days ago
Cognizant Technology Solutions (CTSH) overview
Cognizant is a large IT-services and consulting company.
CTSH is a member of the S&P 500. It sits in the Information Technology sector. That sector covers hardware, software and semiconductor companies driving the digital economy.
Cognizant Technology Solutions trades on the NasdaqGS under the ticker symbol CTSH. The most recent market data puts the share price at about $66.03. That is up 0.40% on the session. At that price the company is worth roughly $29.74B.
Over the past 52 weeks, CTSH has traded between $37.08 and $87.03. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 14.2. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. CTSH also pays a dividend. It yields around 2.00% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 2 days ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch CTSH
CTSH is one of the larger names in the Information Technology sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each CTSH story as it breaks, and tags it bullish, bearish or neutral.
What moves CTSH
- Earnings. CTSH reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from CTSH.
- Sector news. Information Technology stocks often move together, so a rival's news can move CTSH too.
Market Mood
Latest CTSH news
Cognizant Technology Solutions Stock Surges Today
Cognizant Technology Solutions (CTSH) is experiencing a stock surge, reflecting positive market movements. The stock price's increase can be attributed to recent developments or performance indicators that are favorable for investors. While the article does not specify the exact percentage increase or reasons behind the surge, Cognizant's positive performance could influence investor decisions. Investors may want to watch for upcoming reports or announcements that could provide more context for this movement.
Read More: Cognizant Technology Solutions Stock Surges Today
Cognizant (CTSH) Plans 12,000-15,000 Job Cuts Amid AI Focus
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) plans to eliminate 12,000-15,000 jobs worldwide, representing around 4-5% of its total workforce, while promising to create thousands of new AI-focused positions. The company's restructuring centers on AI-powered service delivery, mainly affecting its workforce in India. Cognizant aims to hire 1,500 U.S. graduates and expand its AI workforce to 15,000 individuals. The situation reflects tensions between its claims of AI job creation and significant job reductions, which could impact investor confidence regarding its workforce transition strategy.
Read More: Cognizant (CTSH) Plans 12,000-15,000 Job Cuts Amid AI FocusMore Information Technology stocks
Frequently asked questions
Is Cognizant Technology Solutions in the S&P 500?
Yes. Cognizant Technology Solutions trades as CTSH and is a member of the S&P 500. The index lists it in the Information Technology sector.
What sector is CTSH in?
CTSH sits in the Information Technology sector of the S&P 500.
Where can I find the latest CTSH news?
Right here. This page collects recent CTSH news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Cognizant Technology Solutions's stock price?
CTSH last traded at about $66.03. Prices move all through the session, so this is the latest quote rather than a live one.
What is Cognizant Technology Solutions's market cap?
CTSH is worth roughly $29.74B. Market cap is the share price times the number of shares outstanding.
What is CTSH's P/E ratio?
CTSH trades at a trailing P/E ratio of about 14.2. The ratio compares the share price with earnings per share over the past year.
New to investing?
- Cognizant Technology Solutions pays a dividend: the four dates that decide who gets it →
- How to read Cognizant Technology Solutions's P/E ratio →
- How to read Cognizant Technology Solutions's earnings report →
- What the Information Technology sector is, and what moves it →
- Read the latest market analysis →