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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Cognizant Technology Solutions Corporation    CTSH

COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION

(CTSH)
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Cognizant Technology : to Buy Tin Roof Software

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08/25/2020 | 08:39am EDT

By Colin Kellaher

 

Cognizant Technology Solutions Corp. on Tuesday said it agreed to buy Tin Roof Software, a privately held custom software and digital product development services company, for an undisclosed amount.

The Teaneck, N.J., professional-services company said Atlanta-based Tin Roof specializes in digital products that allow companies to improve customer experiences and increase revenue.

Cognizant said the acquisition, which it expects to complete by the end of the year, will expand its software product engineering footprint in the U.S.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 


Stocks mentioned in the article
ChangeLast1st jan.
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION 0.36% 73.23 Delayed Quote.17.53%
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All news about COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
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Financials (USD)
Sales 2020 16 549 M - -
Net income 2020 1 645 M - -
Net cash 2020 2 594 M - -
P/E ratio 2020 23,9x
Yield 2020 1,22%
Capitalization 39 524 M 39 524 M -
EV / Sales 2020 2,23x
EV / Sales 2021 2,08x
Nbr of Employees 281 200
Free-Float 99,8%
Chart COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
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Technical analysis trends COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Average target price 72,23 $
Last Close Price 72,89 $
Spread / Highest target 19,4%
Spread / Average Target -0,90%
Spread / Lowest Target -31,4%
EPS Revisions
Managers
NameTitle
Brian J. Humphries Chief Executive Officer & Director
Michael Patsalos-Fox Chairman
Srinivasan Veeraraghavachary Chief Operating Officer
Jan Siegmund Chief Financial Officer
Gregory Lawrence Hyttenrauch President-Cognizant Digital Systems & Technology
Sector and Competitors