Cognizant Technology Solutions Corporation (NASDAQ:CTSH) recent drop took place on significantly more volume which surged nearly 3912538 contracts on 10-Mar-19 versus its daily average of 3458260. The first sale was made at $71.61 but later the stock became weaker, and closed with a fall of -1.63%. It was last traded at $71.15 apiece.

Cognizant Technology Solutions Corporation (CTSH): Outperform Candidate With 16.8% Upside Potential

Cognizant Technology Solutions Corporation is maintained at an average outperform rating by 33 stock analysts, and there are at least 0.95% of shares outstanding that are currently legally short sold. The shares went down by -4.5% in value last month. Year-to-date it jumped 12.08%. Analysts are turning out to be more optimistic than before, with 24 of analysts who cover Cognizant Technology Solutions Corporation (NASDAQ:CTSH) advice adding it to buy candidate list. Wall Street experts also assign a $83.1 price target on Cognizant Technology Solutions Corporation, pointing towards a 16.8% rally from current levels. The stock is trading for about -16.39% less than its 52-week high.

Cognizant Technology Solutions Corporation Reports 0.88% Sales Growth

Cognizant Technology Solutions Corporation (CTSH) remained successful in beating the consensus-estimated $1.06 as it actually earned $1.13 per share in its last reported financial results. Revenue, on the other hand, scored 0.88% growth from the previous quarter, coming up with $4.11 billion.

CTSH Retreats -1.36% In A Week

This company shares (CTSH) so far managed to recover 19.64% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 1.65% while widening the period to a month, volatility was 1.61%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.7% and sits 3.53% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned -1.36% losses and is down by -3.07% compared with its 200-day moving average of $70.91. Also, Cognizant Technology Solutions Corporation (CTSH) needs to overturn a -14.53% decrease it experienced over the past twelve months.

Carnival Corporation (NYSE:CCL) Consensus Call At 2

As regular trading ended, Carnival Corporation (CCL) stock brought in a -$0.41 drop to $54.97. The day started at a price of $55 but then traded as high as $55.07 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2. Carnival Corporation is given 10 buy-equivalent recommendations, 0 sells and 7 holds. The company shares sank -20.46% from their peak of $69.11 and now has a $38.03 billion market value of equity.

Carnival Corporation Could Grow 20.74% More

CCL’s mean recommendation on Reuter’s scale improved from 1.8 thirty days ago to 1.86 now, which indicates a buy consensus from the analyst community. They see Carnival Corporation (CCL) price hitting a mean target of $66.37 a share, meaning the stock still has potential that could lift the price another 20.74% . Also, the recent close suggests the stock is underpriced by 41.9% compared to the most bullish target.

Carnival Corporation (CCL) Returns 11.5% This Year

The company had seen its current volume reaching at 3444977 shares in the last trade. That compares with the recent volume average of 3538960. At the close of regular trading, its last week’s stock price volatility was 1.51% which for the month reaches 1.56%. Carnival Corporation dipped to as low as $54.53 throughout the day and has returned 11.5% in this year. At one point in the past year, the shares traded as low as $45.64 but has recovered 20.44% since then. [T4]