Allergan, Cognizant Technology Solutions, DryShips News Today

Prodded by an activist shareholder Cognizant is shaking up its board and boosting its buybacks and dividends

Intel Corporation (INTC) have shown a high EPS growth of -2.40% in the last 5 years and has earnings decline of -9.30% yoy. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 12.70%, and looking further price to next year's EPS is 8.65%.

The company is expected to report earnings of -0.51 per share for the current quarter, according to consensus agreement of 5 analysts.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is worth US$32.61 Billion and has recently risen 1.95% to US$53.79. Cognizant Technology Solutions Corporation has a 12 month low of $45.44 and a 12 month high of $63.23.

With the plan to share the dividends and buybacks, the company has thought of a course of two years that will be sufficient to return an amount of 3.4 billion dollars to all the shareholders.

For the current quarter, the highest estimate analysts provided is 3.53 Billion and the lowest is 3.44 Billion. GAAP net income was $416 million, or $0.68 per diluted share, compared to $424 million, or $0.69 per diluted share, in the fourth quarter of 2015.

The Average Volume of the company is 7.61 Million, while the Relative Volume of the company is 1.19. Revenue for the fourth quarter of 2016 rose 7.1% to $3.46 billion compared to $3.23 billion in the corresponding quarter past year.

Currently, the analyst consensus on Cognizant is Moderate Buy and the average price target is $66.20, representing a 17.3% upside.

At the movement Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is under coverage by number of analysts. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nineteen have given a buy rating to the company's stock. The Stock now has a Weekly Volatility of 2.80% and Monthly Volatility of 2.08%.

The company's quick ratio for most recent quarter is 3.60.

"As we enter 2017, the time is right for us to accelerate the shift to digital services and solutions to meet the growing demands from our clients to transform their business models in the face of the rapid business and technology shifts disrupting their industries", Francisco D'Souza, chief executive officer, Cognizant said. "Janice's expertise with global mobile product and technology companies, and Carol's three decades of experience developing world-class enterprise services and teams, will be invaluable as we focus on unlocking long-term growth in our business and increasing shareholder value".

If we look at stock performance in last active day trading, we see that stock has moved up 4.95% to end the day at $56.45. The stock went up 3.28% at some stage in past quarter. Similarly, the positive performance for the quarter recorded as 34.62% and for the year was 99.16%, while the YTD performance remained at 13.44%.

While looking at the Stock's Performance, Cognizant Technology Solutions Corporation now shows a Weekly Performance of 7.63%, where Monthly Performance is -0.23%, Quarterly performance is 3.11%, 6 Months performance is -2.12% and yearly performance percentage is 7.87%.

Cognizant expects adjusted profit for the first quarter to be at least 83 cents per share, below estimates of 86 cents. The company's price sits 1.18% above from its 50-day moving average of $55.84 and -0.12% below from the stock's 200-day moving average of $55.02. Virtus Investment Advisers Inc. bought a new position in shares of Cognizant Technology Solutions Corporation during the third quarter valued at $132,000. Wedge Capital Management L L P NC increased its stake in Cognizant Technology Solutions Corporation by 9.3% in the second quarter. The company now has a Return on Equity of 16.00% and Return on Investment of 15.20%.



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