Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Cognizant Technology 'A'       

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Cognizant Technology Solutions Corp : Cognizant Executive : Expect North America To Lead Sales Growth In 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/09/2012 | 06:08am CET

Cognizant Technology Solutions Corp. (CTSH) expects sales growth in 2012 to be driven largely by North America, its largest revenue generating market, which is gradually stabilizing after the economic uncertainty that weighed on businesses last year.

Gordon Coburn, the newly appointed president at Cognizant, said late Wednesday he expects clients in North America to spend more on projects which are discretionary in nature this year, compared with its second-largest market--Europe--which remains volatile.

Coburn's comments come after the Nasdaq-listed company earlier Wednesday reported a 16% growth in earnings for the fourth quarter ended Dec. 31 and forecast a rise of at least 23% in sales for this year to $7.53 billion.

The New Jersey-based company, which employs three-fourths of its staff in India, has been posting industry-leading growth over the past few years.

Cognizant's sales increase outlook is much stronger than the local software export industry's 11%-14% revenue growth forecast for the next fiscal year beginning April 1. However, the U.S. company's outlook pales against the 33% sales growth it posted in 2011 even amid a tough business climate.

-By Dhanya Ann Thoppil, Dow Jones Newswires; +91-9886929464; dhanya.thoppil@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on COGNIZANT TECHNOLOGY 'A'
02/16 COGNIZANT TECHNOLOGY : To accelerate pace of buys
02/14 COGNIZANT : Named a Leader in Gartner Magic Quadrant for Managed Workplace Servi..
02/13 COGNIZANT TECHNOLOGY : Renews big office lease at pune it park
02/10 COGNIZANT : to Present at the Goldman Sachs Technology and Internet Conference
02/09 COGNIZANT TECHNOLOGY SOLUTIONS CORP : Blog Coverage Cognizant Strikes Deal with ..
02/09 COGNIZANT TECHNOLOGY : To return $3.4 billion to shareholders
02/09 COGNIZANT TECHNOLOGY : Improper payments of $6 million made in india, says compa..
02/09 COGNIZANT TECHNOLOGY : Q4 profit down 2% at $416 million
02/08DJCOGNIZANT TECHNOLOGY : Shakes Up Board Under Activist Pressure--2nd Update
02/08 COGNIZANT TECHNOLOGY : CTSH) Hikes on Strong Earnings
More news
Sector news : IT Services & Consulting - NEC
02/16 European shares retreat after seven sessions of gains, Cobham plunges
02/16DJVisa Wants Your Car to Pay for Gas at the Pump
02/14DJINTERNATIONAL BUSINESS MACHINES : IBM Chief Defends Trump Administration Advisor..
02/09 Sapient-related charge tips Publicis into loss before CEO switch
02/09 GODADDY : LPC - European lenders eye €12 billion of buyout financings
More sector news : IT Services & Consulting - NEC
News from SeekingAlpha
2015 Infosys up 10.8% on results/guidance; CTSH, WIT also higher
2015 Should Insider Selling At Accenture Worry You?
2015 Cognizant -3.4%; client announces merger, not expected to implement deal
2015 THE BEST WAY TO JUDGE PAST PERFORMAN : Part 2
2015 'Ye Of Little Faith' What Has It Cost You? Part 1
Advertisement
Financials ($)
Sales 2017 14 721 M
EBIT 2017 2 772 M
Net income 2017 1 949 M
Finance 2017 3 642 M
Yield 2017 0,62%
P/E ratio 2017 17,96
P/E ratio 2018 15,15
EV / Sales 2017 2,14x
EV / Sales 2018 1,86x
Capitalization 35 165 M
More Financials
Chart COGNIZANT TECHNOLOGY 'A'
Duration : Period :
Cognizant Technology 'A' Technical Analysis Chart | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 64,6 $
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Francisco D'Souza Chief Executive Officer & Director
Rajeev Mehta President
John E. Klein Chairman
Srinivasan Veeraraghavachary Chief Operating Officer
Karen McLoughlin Chief Financial Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
COGNIZANT TECHNOLOGY '..19.41%35 165
ACCENTURE PLC3.50%78 791
TATA CONSULTANCY SERVI..2.05%70 751
NETEASE INC (ADR)38.04%39 416
VMWARE, INC.15.86%37 543
COGNIZANT TECHNOLOGY S..3.44%35 165
More Results