Back to top
more

Cognizant Technology Solutions (CTSH)

(Delayed Data from NSDQ)

$66.94 USD

66.94
2,818,907

+0.18 (0.27%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $66.94 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 252)

Industry: Business - Software Services

Better trading starts here.

Balance Sheet

Research for CTSH

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Cognizant Technology Solutions Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,635 2,501 2,719 2,724 3,424
Receivables 3,849 3,796 3,557 3,087 3,256
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 1,022 969 1,066 1,040 931
Total Current Assets 7,506 7,266 7,342 6,851 7,611
Net Property & Equipment 1,048 1,101 1,171 1,251 1,309
Investments & Advances 435 427 463 440 17
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 993 642 404 445 585
Intangibles 7,234 6,878 6,838 6,077 5,020
Deposits & Other Assets 656 662 701 846 736
Total Assets 18,483 17,852 17,852 16,923 16,204
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 33 8 38 38 38
Accounts Payable 337 360 361 389 239
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 2,425 2,407 2,532 2,519 2,191
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 385 398 403 383 313
Total Current Liabilities 3,333 3,347 3,529 3,540 2,983
Mortgages 0 0 0 0 0
Deferred Taxes/Income 268 199 258 242 58
Convertible Debt 0 0 0 0 0
Long-Term Debt 606 638 626 663 700
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 526 645 665 796 696
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,256 5,543 5,861 6,087 5,182
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 5 5 5 5 5
Capital Surplus 15 15 27 32 33
Retained Earnings 13,301 12,588 11,922 10,689 11,022
Other Equity -94 -299 37 110 -38
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 13,227 12,309 11,991 10,836 11,022
Total Liabilities & Shareholder's Equity 18,483 17,852 17,852 16,923 16,204
Total Common Equity 13,227 12,309 11,991 10,836 11,022
Shares Outstanding 498.00 509.30 525.00 530.00 548.00
Book Value Per Share 26.56 24.17 22.84 20.45 20.11

Fiscal Year End for Cognizant Technology Solutions Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,635 2,368 2,095 2,481
Receivables NA 3,849 3,807 3,755 3,718
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 1,022 952 1,101 1,029
Total Current Assets NA 7,506 7,127 6,951 7,228
Net Property & Equipment NA 1,048 1,048 1,087 1,102
Investments & Advances NA 435 432 425 424
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 993 935 762 666
Intangibles NA 7,234 7,187 7,293 7,302
Deposits & Other Assets NA 656 632 661 583
Total Assets NA 18,483 18,079 17,967 18,147
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 33 33 24 16
Accounts Payable NA 337 325 318 332
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 2,425 2,367 2,163 2,331
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 385 302 380 469
Total Current Liabilities NA 3,333 3,191 3,056 3,321
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 268 254 250 247
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 606 614 622 630
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 504 472 600
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,256 5,197 5,064 5,486
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 5 5 5 5
Capital Surplus NA 15 16 17 22
Retained Earnings NA 13,301 13,146 13,022 12,856
Other Equity NA -94 -285 -141 -222
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 13,227 12,882 12,903 12,661
Total Liabilities & Shareholder's Equity NA 18,483 18,079 17,967 18,147
Total Common Equity 0 13,227 12,882 12,903 12,661
Shares Outstanding 497.80 498.00 501.40 505.00 507.40
Book Value Per Share 0.00 26.56 25.69 25.55 24.95