Cognizant Technology Solutions (NASDAQ:CTSH) Releases FY 2025 Earnings Guidance

Cognizant Technology Solutions (NASDAQ:CTSH) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.900-5.060 for the period, compared to the consensus estimate of 4.960. The company issued revenue guidance of $20.3 billion-$20.8 billion, compared to the consensus revenue estimate of $20.9 billion. Cognizant Technology Solutions also updated its Q1 2025 guidance to EPS.

Cognizant Technology Solutions Stock Performance

Shares of NASDAQ:CTSH traded up $0.06 during mid-day trading on Wednesday, reaching $83.60. 4,780,376 shares of the company traded hands, compared to its average volume of 2,857,818. The company’s 50 day moving average price is $79.25 and its 200-day moving average price is $77.41. The firm has a market cap of $41.45 billion, a PE ratio of 18.50, a PEG ratio of 2.21 and a beta of 1.07. Cognizant Technology Solutions has a 52 week low of $63.79 and a 52 week high of $83.97. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.23 and a quick ratio of 2.23.

Cognizant Technology Solutions (NASDAQ:CTSH) last released its earnings results on Wednesday, February 5th. The information technology service provider reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Cognizant Technology Solutions had a net margin of 11.60% and a return on equity of 17.08%. On average, equities analysts expect that Cognizant Technology Solutions will post 4.66 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Mizuho lifted their target price on Cognizant Technology Solutions from $83.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Cognizant Technology Solutions from $70.00 to $80.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Cognizant Technology Solutions in a research note on Thursday, October 31st. Barclays upgraded shares of Cognizant Technology Solutions from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $80.00 to $95.00 in a report on Tuesday, December 17th. Finally, Robert W. Baird raised their price objective on Cognizant Technology Solutions from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Seventeen research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $81.39.

Insider Transactions at Cognizant Technology Solutions

In related news, CAO John Sunshin Kim sold 5,000 shares of Cognizant Technology Solutions stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $80.11, for a total transaction of $400,550.00. Following the completion of the sale, the chief accounting officer now owns 39,022 shares in the company, valued at $3,126,052.42. This trade represents a 11.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

About Cognizant Technology Solutions

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.