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A Look at Cognizant’s Historical Stock Returns

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Cognizant stock has risen 15% this year

Cognizant Technology Solutions (CTSH) stock has returned 35% in the last 12 months, 2% in the last month, and was flat in the last five days. Cognizant stock fell 7% in 2016 and then rose 28% in 2017. Since the start of 2018, its stock has increased almost 15%. Peers Accenture (ACN), Teradata (TDC), and IBM (IBM) have returned 33%, 42%, and -4%, respectively, in 2017. The S&P 500 (SPY) and the PowerShares QQQ ETF (QQQ) have generated returns of -1% and 4%, respectively, in 2018.

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Analyst recommendations and price targets

Of the 33 analysts tracking Cognizant, 24 have recommended a “buy,” nine have recommended a “hold,” and none have recommended a “sell.” Analysts’ 12-month average price target for Cognizant is $91, and their median estimate is $90. Cognizant is trading at a discount of 10.3% to analysts’ median estimate.

Moving averages

On April 27, Cognizant closed the trading day at $81.62. Based on that price, the stock is trading:

  • 4.7% above its 100-day moving average of $77.99
  • 0.2% below its 50-day moving average of $81.78
  • 1.4% above its 20-day moving average of $80.52

Cognizant is trading 36% above its 52-week low of $60.16 and 4.1% below its 52-week high of $81.62.

Relative strength index

Cognizant’s 14-day MACD (moving average convergence divergence) is -0.02. A stock’s MACD marks the difference between its short-term and long-term moving averages. Cognizant’s negative MACD score indicates a downward trading trend.

Cognizant has a 14-day RSI (relative strength index) score of 52, which shows that the stock is trading between the oversold and overbought territory. An RSI score above 70 indicates a stock has been overbought, while an RSI score below 30 suggests a stock has been oversold.

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