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How Much Is Cognizant Stock Expected to Rise in 12 Months?

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Cognizant’s stock returns

US-based (SPY) Cognizant Solutions (CTSH) stock has generated returns of 29% in the trailing-12-month period, 10% in the trailing-one-month period, and 0.5% in the trailing-five-day period.

CTSH’s stock price fell 7% in 2016, and it rose 28% in 2017. Its stock has risen 10.0% since the start of 2018. Its peers Accenture (ACN), IBM (IBM), and Teradata (TDC) have generated returns of 40%, -6%, and 42%, respectively, in the trailing-12-month period. On January 29, 2018, CTSH closed at $78.15, 52% higher than its 52-week low of $51.52 and close to its 52-week high of $78.95.

Analysts’ recommendations

Of the 32 analysts tracking Cognizant, 24 have given the stock “buy” recommendations, eight have given it “hold” recommendations, and none have given it “sell” recommendations.

Analysts’ price target for Cognizant stock is $83.72 with a median target estimate of $85. CTSH is trading at a discount of 9% to the median analyst estimate.

Moving averages

Cognizant closed the trading day on January 29, 2018, at $78.15. Based on that price, the stock is trading as follows:

  • 6.6% above its 100-day moving average of $73.31
  • 6.7% above its 50-day moving average of $73.24
  • 4% above its 20-day moving average of $75.13

RSI and MACD

CTSH’s 14-day MACD (moving average convergence divergence) is ~1.29. A stock’s MACD is the difference between its short-term and long-term moving averages. Because Cognizant’s MACD is positive, it indicates an upward trading pattern.

CTSH also has a 14-day RSI (relative strength index) score of 88, which shows that the stock is trading well into oversold territory. If an RSI is above 70, it indicates that a stock has been overbought. An RSI figure below 30 suggests that a stock has been oversold.

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