CognizantCTSH
About: Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.
Employees: 336,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
10% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 11 (+1) [Q2]
2.71% more ownership
Funds ownership: 92.79% [Q1] → 95.5% (+2.71%) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 327
4% less capital invested
Capital invested by funds: $33.7B [Q1] → $32.3B (-$1.46B) [Q2]
6% less call options, than puts
Call options by funds: $285M | Put options by funds: $303M
2% less funds holding
Funds holding: 905 [Q1] → 883 (-22) [Q2]
18% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 119
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Goldman Sachs James Schneider 64% 1-year accuracy 9 / 14 met price target | 0%upside $76 | Neutral Maintained | 12 Sept 2024 |
JP Morgan Tien-Tsin Huang 63% 1-year accuracy 32 / 51 met price target | 17%upside $89 | Neutral Maintained | 6 Sept 2024 |
Goldman Sachs James Schneider 64% 1-year accuracy 9 / 14 met price target | 0%upside $76 | Neutral Maintained | 28 Aug 2024 |
RBC Capital Daniel Perlin 78% 1-year accuracy 43 / 55 met price target | 8%upside $82 | Sector Perform Maintained | 28 Aug 2024 |
Jefferies Surinder Thind 60% 1-year accuracy 6 / 10 met price target | 19%upside $90 | Buy Reinstated | 28 Aug 2024 |
Financial journalist opinion
Based on 14 articles about CTSH published over the past 30 days
