24 analysts out of 33 Wall Street brokerage firms rate Cognizant Technology Solutions Corporation (NASDAQ:CTSH) as a Buy, while 1 see it as a Sell. The rest 8 describe it as a Hold. CTSH stock traded higher to an intra-day high of $71.47. At one point in session, its potential discontinued and the price was down to lows at $70.85. Analysts have set CTSH’s consensus price at $83.1, effectively giving it a 17.16% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $99 (up 39.57% from current price levels). CTSH has a 19.1% ROE, higher than the 12.75% average for the industry. The average ROE for the sector is 13.93%.
It is expected that in Mar 2019 quarter CTSH will have an EPS of $1.05, suggesting a 6.06% growth. For Jun 2019 is projected at $1.12. It means that there could be a 1.82% growth in the quarter. Yearly earnings are expected to rise by 10.95% to about $4.46. As for the coming year, growth will be about 12.33%, lifting earnings to $5.01. RSI after the last trading period was 49.64. CTSH recorded a change of -1.94% over the past week and returned 5.46% over the last three months while the CTSH stock’s monthly performance revealed a shift in price of -3.43%. The year to date (YTD) performance stands at 11.74%, and the bi-yearly performance specified an activity trend of -7.41% while the shares have moved -15.35% for the past 12 months.
Cognizant Technology Solutions Corporation (CTSH) currently trades at $70.93, which is lower by -0.39% its previous price. It has a total of 584.64 million outstanding shares, with an ATR of around 1.24. The company’s stock volume dropped to 2.58 million, worse than 3.78 million that represents its 50-day average. A 5-day decrease of about -1.94% in its price means CTSH is now 11.74% higher on year-to-date. The shares have surrendered $43389.07 since its $85.10 52-week high price recorded on 15th of March 2018. Overall, it has seen a growth rate of -15.35 over the last 12 months. The current price per share is $11.46 above the 52 week low of $59.47 set on 26th of December 2018.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH)’s EPS was $1.13 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $1.03. That means that its growth in general now stands at 10%. Therefore, a prediction of $1.06 given by the analysts brought a positive surprise of 7%. CTSH Dec 19 quarter revenue was $4.13 billion, compared to $3.83 billion recorded in same quarter last year, giving it a 8% growth rate. The company’s $0.3 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
Summit Midstream Partners, LP (NYSE:SMLP) shares depreciated -2.59% over the last trading period, taking overall 5-day performance up to -6.41%. SMLP’s price now at $9.78 is weaker than the 50-day average of $12.19. Getting the trading period increased to 200 days, the stock price was seen at $14.51 on average. The general public currently hold control of a total of 40.52 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 74.81 million. The company’s management holds a total of 0.3%, while institutional investors hold about 42.8% of the remaining shares. SMLP share price finished last trade -14.06% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -32.74%, while closing the session with -19.78% distance from 50 day simple moving average.
Summit Midstream Partners, LP (SMLP) shares were last observed trading -44.83% down the peak of $17.73. Last month’s price growth of -23.89% puts SMLP performance for the year now at -2.69%. Consequently, the shares price is trending higher by -0.51%, a 52-week worst price. However, it is losing value with -40.18% in the last 6 months.
SMLP’s beta is 1.77; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $0.05 per share from its yearly profit to its outstanding shares. Its last reported revenue is $133.67 million, which was 6% versus $126.2 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.39 compared to $-0.32 in the year-ago quarter and had represented -222% year-over-year earnings per share growth. SMLP’s ROA is 0.1%, lower than the 2.14% 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 8.05%.
Estimated quarterly earnings for Summit Midstream Partners, LP (NYSE:SMLP) are around $0.22 per share in three months through March with $0.23 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 83.33% and 53.33%, respectively. Analysts estimate full-year growth to be 1500%, the target being $0.96 a share. The upcoming year will see an increase in growth by percentage to -18.75%, more likely to see it hit the $0.78 per share. The firm’s current profit margin over the past 12 months is 0.8%. SMLP ranks lower in comparison to an average of 7.61% for industry peers; while the average for the sector is 76.73%.