Cognizant Technology Stock Forecast - Day Typical Price

CTSH Stock  USD 80.63  1.09  1.37%   
Cognizant Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Cognizant Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Cognizant Technology's Receivables Turnover is increasing as compared to previous years. The Cognizant Technology's current Asset Turnover is estimated to increase to 1.17, while Inventory Turnover is projected to decrease to 16.18. . The Cognizant Technology's current Common Stock Shares Outstanding is estimated to increase to about 608.7 M. The Cognizant Technology's current Net Income Applicable To Common Shares is estimated to increase to about 2.8 B.
On November 21, 2024 Cognizant Technology Solutions had Day Typical Price of 78.43. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check Cognizant Technology VolatilityBacktest Cognizant TechnologyTrend Details  

Cognizant Technology Trading Date Momentum

On November 22 2024 Cognizant Technology Solutions was traded for  79.54  at the closing time. The top price for the day was 80.03  and the lowest listed price was  78.76 . The trading volume for the day was 2.7 M. The trading history from November 22, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.86% . The overall trading delta against the current closing price is 1.83% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Cognizant Technology to competition

Other Forecasting Options for Cognizant Technology

For every potential investor in Cognizant, whether a beginner or expert, Cognizant Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cognizant Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cognizant. Basic forecasting techniques help filter out the noise by identifying Cognizant Technology's price trends.

Cognizant Technology Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cognizant Technology stock to make a market-neutral strategy. Peer analysis of Cognizant Technology could also be used in its relative valuation, which is a method of valuing Cognizant Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Cognizant Technology Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cognizant Technology's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cognizant Technology's current price.

Cognizant Technology Market Strength Events

Market strength indicators help investors to evaluate how Cognizant Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognizant Technology shares will generate the highest return on investment. By undertsting and applying Cognizant Technology stock market strength indicators, traders can identify Cognizant Technology Solutions entry and exit signals to maximize returns.

Cognizant Technology Risk Indicators

The analysis of Cognizant Technology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cognizant Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cognizant stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:
Check out Historical Fundamental Analysis of Cognizant Technology to cross-verify your projections.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.125
Dividend Share
1.2
Earnings Share
4.52
Revenue Per Share
38.96
Quarterly Revenue Growth
0.03
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.