Company profile

Ticker
CTSH
Exchange
CEO
Brian J. Humphries
Employees
Location
Fiscal year end
SEC CIK
IRS number
133728359

CTSH stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

14 Feb 20
26 Feb 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 4.28B 4.25B 4.14B 4.11B
Net income 395M 497M 509M 441M
Diluted EPS 0.72 0.9 0.9 0.77
Net profit margin 9.22% 11.70% 12.29% 10.73%
Operating income 626M 669M 619M 539M
Net change in cash 302M 683M 710M -211M
Cash on hand 2.65B 2.34B 1.66B 950M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 16.78B 16.13B 14.81B 13.49B
Net income 1.84B 2.1B 1.5B 1.55B
Diluted EPS 3.29 3.6 2.53 2.55
Net profit margin 10.98% 13.03% 10.16% 11.51%
Operating income 2.45B 2.8B 2.48B 2.29B
Net change in cash 1.48B -764M -109M -91M
Cash on hand 2.65B 1.16B 1.93B 2.03B

Financial data from company earnings reports

13F holders
Current Prev Q Change
Total holders 882 891 -1.0%
Opened positions 91 88 +3.4%
Closed positions 100 112 -10.7%
Increased positions 285 295 -3.4%
Reduced positions 387 377 +2.7%
13F shares
Current Prev Q Change
Total value 515.72B 349.23B +47.7%
Total shares 679.38M 496M +37.0%
Total puts 1.63M 2.25M -27.6%
Total calls 2.22M 1.99M +11.4%
Total put/call ratio 0.7 1.1 -35.0%
Largest owners
Shares Value Change
Wealth Quarterback 192.45M $192.45B NEW
BLK BlackRock 50.88M $3.16B +1.3%
Vanguard 42.82M $2.66B +0.1%
STT State Street 23.19M $1.44B +2.2%
BK Bank Of New York Mellon 19.71M $1.22B +14.1%
Massachusetts Financial Services 19.42M $1.2B -7.2%
Dodge & Cox 17.11M $1.06B -0.5%
Generation Investment Management 14.95M $927.13M +14.5%
BEN Franklin Resources 14.52M $899.93M -3.4%
FMR 12.38M $767.54M -6.6%
Largest transactions
Shares Bought/sold Change
Wealth Quarterback 192.45M +192.45M NEW
JPM JPMorgan Chase & Co. 914.96K -3.65M -80.0%
IVZ Invesco 10.55M -3.17M -23.1%
Artisan Partners Limited Partnership 9.82M +2.89M +41.8%
BK Bank Of New York Mellon 19.71M +2.44M +14.1%
Matthews International Capital Management 2.04M -2.13M -51.2%
Alyeska Investment 2.13M +2.05M +2430.7%
Generation Investment Management 14.95M +1.89M +14.5%
Ensign Peak Advisors 1.83M +1.83M NEW
Renaissance Technologies 1.69M +1.67M +10577.7%

Financial report summary

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Risks
  • Our results of operations could be adversely affected by economic and political conditions globally and in particular in the markets in which our clients and operations are concentrated.
  • We face challenges related to growing our business organically as well as inorganically through acquisitions, and we may not be able to achieve our targeted growth rates.
  • Our failure to meet specified service levels or milestones required by certain of our client contracts may result in our client contracts being less profitable, potential liability for penalties or damages or reputational harm.
  • We face intense and evolving competition and significant technological advances that our service offerings must keep pace with in the rapidly changing markets we compete in.
  • We face legal, reputational and financial risks if we fail to protect client and/or Cognizant data from security breaches or cyberattacks.
  • We are subject to numerous and evolving legal and regulatory requirements and client expectations in the many jurisdictions in which we operate, and violations of, unfavorable changes in or an inability to meet such requirements or expectations could harm our business.
  • Changes in tax laws or in their interpretation or enforcement, failure by us to adapt our corporate structure and intercompany arrangements to achieve global tax efficiencies or adverse outcomes of tax audits, investigations or proceedings could have a material adverse effect on our effective tax rate, results of operations and financial condition.
  • Our earnings may be adversely affected if we change our intent not to repatriate Indian accumulated undistributed earnings.
Management Discussion
  • During the year ended December 31, 2019, revenues increased by $658 million as compared to the year ended December 31, 2018, representing growth of 4.1%, or 5.2% on a constant currency basis1. Revenues from clients added during 2019, including those related to acquisitions, were $234 million.
  • Financial Services: Revenues in our Financial Services segment increased in our Europe region primarily due to Samlink revenues, while decreasing in our North America and Rest of World regions as certain banking clients continue to transition the support of some of their legacy systems and operations in-house or to captives.
  • Healthcare: Revenues from our Healthcare segment increased in our Europe and Rest of World regions, primarily due to revenues from our life sciences clients, including revenues from our acquisition of Zenith. Revenues in our North America region were negatively impacted by mergers within the healthcare industry, the establishment of an offshore captive by a large client, the Customer Dispute and a ramp down of a client relationship in which we were a subcontractor to a third party for the purpose of delivering healthcare-related systems implementation services to local government, partially offset by growth among our life sciences clients in this region. Revenue growth among our life sciences clients was driven by demand for our digital operations services and solutions.
Content analysis ?
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Negative
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Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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