Report
Andrew Lange
EUR 100.00 For Business Accounts Only

We Think Cognizant Can Outperform the Overall Global IT Services Industry

While Cognizant’s fourth-quarter results were mostly in line with our expectations, the quarterly update was anything but boring. Most notably, the firm announced that CEO Francisco D’Souza and President Rajeev Mehta would step down from their respective roles. D’Souza, who co-founded Cognizant and has been CEO for 12 years, will remain on the board as vice chairman, while Mehta will pursue other options outside of the company. Vodafone Business CEO Brian Humphries will replace D’Souza effective...
Underlying
Cognizant Technology Solutions Corporation Class A

Cognizant Technology Solutions is a services company, transforming customers' business, operating and technology models for the digital era. The company's services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services and business process services. Additionally, the company develops, licenses, implements and supports proprietary and third-party software products and platforms. The company has organized its services and solutions into four practice areas: Digital Business, Digital Operations, Digital Systems and Technology and Consulting.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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