Forget What Wall Street Says: Cognizant Technology Solutions Corporation (CTSH), Darden Restaurants, Inc. (DRI)

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) recent drop took place on significantly less volume which dipped to nearly 3.26 million contracts on 04-Dec-18 versus its daily average of 3.59 million. The first sale was made at $71.9 but later the stock became weaker, and closed with a fall of -2.66%. It was last traded at $70.02 apiece.

Cognizant Technology Solutions Corporation (CTSH): Outperform Candidate With 18.62% Upside Potential

Cognizant Technology Solutions Corporation is maintained at an average outperform rating by 32 stock analysts, and there are at least 1.09% of shares outstanding that are currently legally short sold. The shares went up by 0.75% in value last month. Year-to-date it plunged -1.41%. Analysts are turning out to be more optimistic than before, with 21 of analysts who cover Cognizant Technology Solutions Corporation (NASDAQ:CTSH) advice adding it to buy candidate list. Wall Street experts also assign a $83.06 price target on Cognizant Technology Solutions Corporation, pointing towards a 18.62% rally from current levels. The stock is trading for about -17.72% less than its 52-week high.

Cognizant Technology Solutions Corporation Reports 1.94% Sales Growth

Cognizant Technology Solutions Corporation (CTSH) remained successful in beating the consensus-estimated $1.13 as it actually earned $1.19 per share in its last reported financial results. Revenue, on the other hand, scored 1.94% growth from the previous quarter, coming up with $4.08 billion.

CTSH Adds 0.17% In A Week

This company shares (CTSH) so far managed to recover 7.49% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 1.95% while shortening the period to a week, volatility was 2.07%. The share price has already crossed its 20 days moving average, floating at a distance of 0.45% and sits -2.53% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned 0.17% gains and is down by -9.51% compared with its 200-day moving average of $75.78. Also, Cognizant Technology Solutions Corporation (CTSH) needs to overturn a -0.43% decrease it experienced over the past twelve months.

Darden Restaurants, Inc. (NYSE:DRI) Consensus Call At 2.2

As regular trading ended, Darden Restaurants, Inc. (DRI) stock brought in a -$2.3 drop to $107.75. The day started at a price of $109.61 but then traded as high as $111 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 2.2. Darden Restaurants, Inc. is given 8 buy-equivalent recommendations, 0 sells and 10 holds. The company shares sank -13.1% from their peak of $124 and now has a $13.46 billion market value of equity.

Darden Restaurants, Inc. Could Grow 15.03% More

DRI’s mean recommendation on Reuter’s scale presents no change from 2.16 thirty days ago to 2.16 now, which indicates a hold consensus from the analyst community. They see Darden Restaurants, Inc. (DRI) price hitting a mean target of $123.95 a share, meaning the stock still has potential that could lift the price another 15.03% . Also, the recent close suggests the stock is underpriced by 28.07% compared to the most bullish target.

Darden Restaurants, Inc. (DRI) Returns 12.22% This Year

The company had seen its current volume reaching at 1.55 million shares in the last trade. That compares with the recent volume average of 1.51 million. At the close of regular trading, its last week’s stock price volatility was 2.49% which for the month reaches 2.89%. Darden Restaurants, Inc. dipped to as low as $107.58 throughout the day and has returned 12.22% in this year. At one point in the past year, the shares traded as low as $82.38 but has recovered 30.8% since then.