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. The company provides services including artificial intelligence (AI) and other technology services and solutions, consulting, application development, systems integration, digital engineering, quality engineering and assurance, application maintenance, infrastructure, security, cloud, internet of things, enterprise platform services, and business process services and automation. It also offers AI-led automation, which includes advisory, and process and IT automation solutions designed to simplify and accelerate automation adoption; business process outsourcing services, which help deliver business outcomes including revenue growth, increased customer and employee satisfaction, and cost savings; and Cognizant Moment, a digital experience service that uses AI to reimagine customer experiences and engineer strategies aimed at driving growth. In addition, the company develops, licenses, implements, and supports proprietary and third-party software products and platforms; and develops industry-specific products and services. It offers solution to healthcare providers and payers, life sciences companies, banking, capital markets, payments and insurance companies, manufacturers, automakers, retailers, consumer goods, travel and hospitality, communications, media and entertainment, education, information services, and technology companies, as well as businesses providing logistics, energy, and utility services. The company was incorporated in 1988 and is headquartered in Teaneck, New Jersey.
Strategic Expansion | Cognizant's acquisition of Belcan marks a significant shift, adding defense sector resilience and diversifying its client base beyond healthcare and financial services |
Financial Resilience | Explore Cognizant's solid financial performance, with a $39.1B market cap, $19.74B in revenue, and a 34.3% gross profit margin, signaling strong market position |
Market Dynamics | Delve into Cognizant's strategic positioning in the IT services industry, with 10 large deals signed and an 11% YoY growth in bookings indicating robust demand |
Future Outlook | Analyst targets range from $80 to $103, reflecting varied perspectives on Cognizant's growth potential and the impact of its conservative guidance strategy |
Metrics to compare | CTSH | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCTSHPeersSector | |
---|---|---|---|---|
P/E Ratio | 16.5x | 22.9x | 11.3x | |
PEG Ratio | 1.18 | 0.32 | 0.01 | |
Price/Book | 2.6x | 2.7x | 2.4x | |
Price / LTM Sales | 1.9x | 1.7x | 2.0x | |
Upside (Analyst Target) | 7.4% | 44.1% | 28.2% | |
Fair Value Upside | Unlock | 19.3% | 8.5% | Unlock |