The shares of Capital One Financial Corporation (NYSE:COF) has been pegged with a rating of Outperform by Oppenheimer in its latest research note that was published on July 9th, 2018. Oppenheimer wasn’t the only research firm that published a report of Capital One Financial Corporation, with other equities research analysts also giving their opinion on the stock. Credit Suisse advised investors in its research note published on July 2nd, 2018, to Outperform the COF stock. The stock had earned Overweight rating from Piper Jaffray when it published its report on June 14th, 2018. The stock was given Buy rating by Citigroup in its report released on April 5th, 2018, the day when the price target on the stock was placed at $115. Nomura was of a view that COF is Neutral in its latest report on February 21st, 2018. Deutsche Bank thinks that COF is worth Hold rating. This was contained in the firm’s report on January 3rd, 2018 in which the stock’s price target was also moved to $110.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $113.59. The price of the stock the last time has dropped by -0.06% from its Week high price while it is dropped higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 38.13.
The shares of the company dipped by -6.17% during the trading session on Tuesday, reaching a low of $84.31 while ending the day at $84.89. During the trading session, a total of 3.57 million shares were traded which represents a -31.31% decline from the average session volume which is 2.72M shares. COF had ended its last session trading at 90.47. Capital One Financial Corporation currently has a market cap of $40.56B, while its P/E ratio stands at 7.63, while its P/E earnings growth sits at 1.52, with a beta of 1.25. Capital One Financial Corporation debt-to-equity ratio currently stands at 0.99, while its quick ratio hovers at . COF 52-week low price stands at $84.94 while its 52-week high price is $106.50.
The company in its last quarterly report recorded $2.99 earnings per share which is above the $2.88 predicted by most analysts. The Capital One Financial Corporation generated $6,962.00 million in revenue during the last quarter, which is slightly higher than the $6,895.70 million predicted by analysts. In the second quarter last year, the firm recorded $3.16 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -5.69%. Capital One Financial Corporation has the potential to record 11.13 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on November 26th, 2018 where it informed investors and clients that Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is now rated as Buy. Credit Suisse also rated CTSH as Upgrade on July 2nd, 2018, with its price target of $9 suggesting that CTSH could surge by 15.7% from its current share price. Even though the stock has been trading at $71.93/share, analysts expect it to surge higher by -2.66% to reach $83.06/share. It started the day trading at $71.99 and traded between $69.735 and $70.02 throughout the trading session.
A look at its technical shows that CTSH’s 50-day SMA is 71.70 while its 200-day SMA stands at 77.32. The stock has a high of $85.10 for the year while the low is $65.14. The company’s P/E ratio currently sits at 20.06, while the P/B ratio is 3.69. The company’s average trading volume currently stands at 3.59M shares, which means that the short-interest ratio is just 1.74 days. Over the past seven days, the company moved, with its shift of 0.17%. Looking further, the stock has dropped -7.00% over the past 90 days while it lost -10.39% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more CTSH shares, increasing its portfolio by +0.57% during the last quarter. This move now sees The Vanguard Group Inc purchasing 241,826 shares in the last quarter, thus it now holds 42,666,444 shares of CTSH, with a total valuation of $2,945,264,629. BlackRock Fund Advisors meanwhile sold more CTSH shares in the recently filed quarter, changing its stake to $1,764,722,543 worth of shares. Massachusetts Financial Services followed the path by decreasing its CTSH portfolio by -0.98% in the quarter. This means that Massachusetts Financial Services sold -239,262 shares in the last quarter and now controls 24,077,663 shares of the CTSH stock, with the valuation hitting $1,662,081,077.
Similarly, Edgewood Management LLC increased its Cognizant Technology Solutions Corporation shares by +1.39% during the recently filed quarter. After buying 252,411 shares in the last quarter, the firm now controls 18,390,315 shares of Cognizant Technology Solutions Corporation which are valued at $1,269,483,444. In the same vein, Walter Scott Partners Ltd decreased its Cognizant Technology Solutions Corporation shares by during the most recent reported quarter. The firm sold -74,800 shares during the quarter which decreased its stakes to 12,429,176 shares and is now valued at $857,986,019. Following these latest developments, around 0.20% of Cognizant Technology Solutions Corporation stocks are owned by institutional investors and hedge funds.