P/E Ratio Insights for Cognizant Tech Solns
Portfolio Pulse from Benzinga Insights
Cognizant Tech Solns Inc. (NASDAQ:CTSH) shares are trading at $76.89, with a recent 0.40% drop. The stock has decreased by 1.13% over the past month but increased by 13.47% over the past year. The company's P/E ratio is lower than the IT Services industry average, suggesting potential undervaluation or low future growth expectations.
September 27, 2024 | 8:16 pm
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Cognizant Tech Solns Inc. (NASDAQ:CTSH) is trading at $76.89, down 0.40%. The stock's P/E ratio is lower than the industry average, which could indicate undervaluation or low growth expectations.
The article discusses CTSH's current stock price and P/E ratio compared to the industry average. The lower P/E ratio suggests potential undervaluation or low growth expectations, but the article does not provide a definitive direction for short-term price movement.
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