Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corp (CTSH - Free Report) is a leading provider of information technology, consulting and business process outsourcing services. The company was spun off from Dun & Bradstreet in 1996 and went public in Jun 1998.
Cognizant primarily serves four domains: Financial Services, Healthcare, Manufacturing, Retail and Logistics and Other (includes Communications, Information, Media & Entertainment and High Technology).
Zacks Rank: Currently, Cognizant has a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
However, that could change following Cognizant’s fourth-quarter 2017 earnings report which has just released.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Cognizant reported non GAAP earnings of $1.03 per share, which beat the Zacks Consensus Estimate by six cents.
Revenues: Revenues of $3.83 billion was in line with the Zacks Consensus Estimate and grew 10.6% year over year. The growth was driven by robust performance across all the four domains.
Key Stats: Cognizant’s non GAAP operating margin in the quarter was 19.7%, which expanded 100 basis points (bps).
Stock Price: Following the earnings release, share price increased 1.11% in the pre-market trading session.
Check back later for our full write up on this CTSH earnings report later!
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corp (CTSH - Free Report) is a leading provider of information technology, consulting and business process outsourcing services. The company was spun off from Dun & Bradstreet in 1996 and went public in Jun 1998.
Cognizant primarily serves four domains: Financial Services, Healthcare, Manufacturing, Retail and Logistics and Other (includes Communications, Information, Media & Entertainment and High Technology).
Zacks Rank: Currently, Cognizant has a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
However, that could change following Cognizant’s fourth-quarter 2017 earnings report which has just released.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Cognizant reported non GAAP earnings of $1.03 per share, which beat the Zacks Consensus Estimate by six cents.
Revenues: Revenues of $3.83 billion was in line with the Zacks Consensus Estimate and grew 10.6% year over year. The growth was driven by robust performance across all the four domains.
Key Stats: Cognizant’s non GAAP operating margin in the quarter was 19.7%, which expanded 100 basis points (bps).
Stock Price: Following the earnings release, share price increased 1.11% in the pre-market trading session.
Check back later for our full write up on this CTSH earnings report later!
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2018 today >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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