Cognizant Technology Solutions Corporation (NASDAQ:CTSH)’s EPS was $1.19 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.98. That means that its growth in general now stands at 21%. Therefore, a prediction of $1.13 given by the analysts brought a positive surprise of 5%. CTSH Sep 19 quarter revenue was $4.08 billion, compared to $3.77 billion recorded in same quarter last year, giving it a 8% growth rate. The company’s $0.31 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
Cognizant Technology Solutions Corporation (CTSH) currently trades at $64.63, which is lower by -0.45% its previous price. It has a total of 578.05 million outstanding shares, with an ATR of around 1.62. The company’s stock volume rose to 4.41 million, better than 3.94 million that represents its 50-day average. A 5-day increase of about 1.62% in its price means CTSH is now 1.81% higher on year-to-date. The shares have surrendered $43395.37 since its $85.10 52-week high price recorded on 15th of March 2018. Overall, it has seen a growth rate of -12.67 over the last 12 months. The current price per share is $5.16 above the 52 week low of $59.47 set on 26th of December 2018.
21 analysts out of 32 Wall Street brokerage firms rate CTSH stock as a Buy, while 1 see it as a Sell. The rest 10 describe it as a Hold. The stock traded higher to an intra-day high of $65.02. At one point in session, its potential discontinued and the price was down to lows at $64.34. Analysts have set CTSH’s consensus price at $81.97, effectively giving it a 26.83% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $100 (up 54.73% from current price levels). CTSH has a 13.3% ROE, lower than the 15.96% average for the industry. The average ROE for the sector is 17.89%.
It is expected that Dec 2018 quarter will have an EPS of $1, while that of Mar 2019 is projected at $1.08. It means that there could be a 4.17% and 9.09% growth in the two quarters respectively. Yearly earnings are expected to rise by 18.7% to about $4.19. As for the coming year, growth will be about 8.59%, lifting earnings to $4.55. RSI after the last trading period was 48.81. CTSH recorded a change of 1.62% over the past week and returned -8.05% over the last three months while the CTSH stock’s monthly performance revealed a shift in price of -5%. The year to date (YTD) performance stands at 1.81%, and the bi-yearly performance specified an activity trend of -20.9% while the shares have moved -12.67% for the past 12 months.
The Home Depot, Inc. (NYSE:HD) shares depreciated -0.33% over the last trading period, taking overall 5-day performance up to 1%. CTSH’s price now at $178.81 is greater than the 50-day average of $174.75. Getting the trading period increased to 200 days, the stock price was seen at $188.5 on average. The general public currently hold control of a total of 1.13 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 1.14 billion. The company’s management holds a total of 0.11%, while institutional investors hold about 72.2% of the remaining shares. CTSH share price finished last trade 4.48% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -5.13%, while closing the session with 2.36% distance from 50 day simple moving average.
The Home Depot, Inc. (HD) shares were last observed trading -17% down since September 12, 2018 when the peak of $215.43 was hit. Last month’s price growth of 2.64% puts HD performance for the year now at 4.07%. Consequently, the shares price is trending higher by 13.11%, a 52-week worst price since Dec. 24, 2018. However, it is losing value with -10.01% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $175.98 and $177.4. The immediate resistance area is now $179.73 Williams’s%R (14) for HD moved to 10.61 while the stochastic%K points at 90.61.
HD’s beta is 1.14; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $9.41 per share from its yearly profit to its outstanding shares. Its last reported revenue is $26.3 billion, which was 5% versus $25.03 billion in the corresponding quarter last year. The EPS for Oct 19 quarter came in at $2.51 compared to $1.87 in the year-ago quarter and had represented 34% year-over-year earnings per share growth. HD’s ROA is 23.1%, higher than the 20.32% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 6.47%.
Estimated quarterly earnings for The Home Depot, Inc. (NYSE:HD) are around $2.17 per share in three months through January with $2.2 also the estimate for April quarter of the fiscal year. It means the growth is estimated at 28.4% and 5.77%, respectively. Analysts estimate full-year growth to be 31.5%, the target being $9.81 a share. The upcoming year will see an increase in growth by percentage to 4.18%, more likely to see it hit the $10.22 per share. The firm’s current profit margin over the past 12 months is 10%. HD ranks lower in comparison to an average of 13.27% for industry peers; while the average for the sector is 13.48%.