Cognizant Technology Solutions is a services company, engineering business for the digital era. Co.'s services include digital services and solutions, consulting, application services, systems integration, infrastructure services and business process services. Additionally, Co. develops, licenses, implements and supports proprietary and third-party software products and platforms. Co.'s services and solutions are organized into two practice areas: Digital Business and Technology, which helps clients build enterprises; and Digital Business Operations, which helps clients rethink their operating models by assessing their existing processes and recommending automation. We show 48 historical shares outstanding datapoints in our CTSH shares outstanding history coverage, used to compute CTSH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTSH market cap history over the course of time is important for investors
interested in comparing CTSH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CTSH versus a peer is one thing; comparing
CTSH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CTSH can fluctuate over the course of history.
With this page we aim to empower investors researching CTSH by allowing them to research the CTSH market cap history. |
Video: The Importance of Market Cap
