Economy

Cognizant Technology Solutions Corporation (CTSH) Receives Buy Rating from Robert W. Baird

Deluxe Corporation (NYSE:DLX) has risen 8.85% since October 20, 2016 and is uptrending. It has underperformed by 25.83% the S&P500.

Telemus Capital Llc increased Comcast Corp New (CMCSA) stake by 63.33% reported in 2017Q2 SEC filing. 1,890 Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares with value of $122,850 were sold by Middleton Sean. Also, COO Srinivasan Veeraraghavachary sold 2,500 shares of the business's stock in a transaction that occurred on Friday, August 4th. Comcast Corp New now has $175.43 billion valuation. The stock rose 0.04% or $0.03 reaching $74.3 per share. About 41,215 shares traded.

As regular trading ended, Cognizant Technology Solutions Corporation (CTSH) stock brought in a $0.33 rise to $74.27. It has underperformed by 11.20% the S&P500. Therefore 81% are positive. Cognizant Tech had 19 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Raymond James on Monday, November 14 to "Outperform". They now have a Dollars 80 price target on the stock. At the moment, the 14-day ATR for Dollar General Corporation (NYSE:DG) is noted at 1.28. Finally, Bank of America Corporation restated a buy rating and set a $86.00 price target on shares of Cognizant Technology Solutions Corporation in a research note on Tuesday, September 12th. The stock experienced a fall in short interest of -7.93% between September 15, 2017 and September 29, 2017. The stock of Comcast Corporation (NASDAQ:CMCSA) has "Outperform" rating given on Monday, October 24 by Macquarie Research. The rating was maintained by Jefferies on Wednesday, October 11 with "Buy". An example is a stock in a big technology company. Stifel Nicolaus upgraded USA Truck, Inc. Robert W. Baird restated a buy rating and set a $80.00 price target on shares of Cognizant Technology Solutions Corporation in a research note on Sunday, September 10th. Four analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company's stock. The firm has "Hold" rating by Stifel Nicolaus given on Wednesday, March 23. The company has market cap of $44.18 billion.

According to Zacks, "Cognizant's strong growth can be attributed to its significant exposure to the fast-growing verticals like Financial Services and Healthcare". The Trucking segment consists of truckload and dedicated freight services.

Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 3.40 as current ratio and on the opponent side the debt to equity ratio was 0.09 and long-term debt to equity ratio also remained 0.07. Its down 0.15, from 0.91 in 2017Q1. State Treasurer State Of Michigan invested in 0.1% or 193,554 shares. 38 funds opened positions while 104 raised stakes. A rating of 3 would indicate a Hold recommendation. American National Bank and Trust Company is the only banking subsidiary of the Company. Connor Clark Lunn Inv holds 0.01% or 14,000 shares in its portfolio. (NASDAQ:USAK). Manufacturers Life Insur The stated it has 356 shares. Canada Pension Plan Inv Board owns 622,035 shares or 0.09% of their United States portfolio. Woodstock has 31,385 shares for 0.43% of their portfolio. Callahan Advisors Ltd Liability Corporation reported 15,264 shares. Punch & Assoc Invest Mgmt holds 0.97% of its portfolio in Deluxe Corporation (NYSE:DLX) for 149,716 shares.

Since May 10, 2017, it had 7 insider buys, and 0 selling transactions for $282,665 activity. Pnc Fincl Serv Inc reported 208,113 shares.

Investors sentiment increased to 1.15 in Q2 2017. Its down 0.15, from 0.91 in 2017Q1. BlackRock Inc. boosted its holdings in shares of Cognizant Technology Solutions Corporation by 3,470.1% in the 1st quarter. 46 funds opened positions while 91 raised stakes. The company had a trading volume of 1,376,087 shares. Chesley Taft And Assocs Limited Company owns 97,307 shares. Moreover, Temasek (Private) Limited has 0% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 10,900 shares. Amalgamated Financial Bank holds 554,528 shares.

Telemus Capital Llc decreased Lannet Inc (NYSE:LCI) stake by 90,800 shares to 6.02M valued at $122.80M in 2017Q2. This technical setup was reported by Barchart.com. Riverpark Advsr Limited Liability Company accumulated 328,000 shares. Needham maintained Cognizant Technology Solutions Corp (NASDAQ:CTSH) on Tuesday, February 9 with "Buy" rating. On average, analysts forecast that Cognizant Technology Solutions Corporation will post $3.70 earnings per share for the current fiscal year. Cognizant Technology Solutions Corporation had a return on equity of 18.72% and a net margin of 13.36%. Assetmark Incorporated, a California-based fund reported 714 shares. Cognizant Technology Solutions Corporation's quarterly revenue was up 8.9% compared to the same quarter previous year.

Since April 28, 2017, it had 0 insider buys, and 20 insider sales for $8.33 million activity. KRISHNASWAMY VENKAT had sold 4,205 shares worth $280,693. $674,365 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by Kandiah Gajakarnan Vibushanan on Tuesday, June 6.

08/04/2017 - Cognizant Technology Solutions Corporation was upgraded to "buy" by analysts at Loop Capital. Burney Co. now owns 36,159 shares of the information technology service provider's stock worth $2,152,000 after purchasing an additional 12,278 shares in the last quarter. Also, insider Debashis Chatterjee sold 2,190 shares of the firm's stock in a transaction on Tuesday, October 10th.

After a recent check, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares have been seen trading 1.65% away from the 20-day moving average. During the same period in the previous year, the business earned $0.87 earnings per share. CTSH's profit would be $502.09 million giving it 21.92 P/E if the $0.85 EPS is correct.

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