Cognizant announces acquisition of Linium

  • Cognizant announced its plans to acquire Linium, a cloud transformation consultancy group specializing in the ServiceNow platform and solutions for smart digital enterprise workflows

  • Completing this transaction will further accelerate Cognizant 's cloud strategy, marking the company's seventh cloud-related acquisition since January 2020

  • Including Linium, Cognizant has announced approximately $1.4 billion in acquisitions over the past 12 months in these areas

  • Linium's specialized ServiceNow focus broadens Cognizant 's enterprise service management capabilities. It helps Fortune 100 clients and others leverage cloud technology to improve operational efficiency and user experience

  • The acquisition is expected to close in the first quarter of 2021

    Cognizant fundamentals

    Over the current book year the company from Teaneck could achieve a revenue around 16,71 billion USD (consensus estimates). This is slightly lower than 2019's revenue of 16,78 billion USD.

    Historical revenues and results Cognizant plus estimates 2020

    fundamantele data Cognizant

    The analysts expect for 2020 a net profit of 1,91 billion USD. The majority of the analysts expects for this year a profit per share of 3,62 USD. The price/earnings-ratio is then 22.

    For this year most of the analysts expect a dividend of 87 cents per share. Thus the dividend yield equals 1,09 percent. The average dividend yield of the hardware & equipment companies is a low 0,42 percent.

    Cognizant 's market capitalization is around 45,95 billion USD. The Cognizant stock was the past 12 months quite volatile. Since last January the stock is even 32 percent higher. This year the stock price moved between 40 and 83 dollar.

    Historical stock prices Cognizant

    fundamental data cognizant

    Click here for dividend Cognizant. At 20.28 the stock trades 0,25 percent lower at 79,64 USD. Nieuwsdienst: +31 084-0032-842

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