Financial Comparison of NEC and Cognizant Technology Solutions
What happened
A comparison of NEC and Cognizant Technology Solutions was published, examining several financial metrics for both technology companies. The report noted that Cognizant Technology Solutions has lower revenue but higher earnings than NEC. Furthermore, Cognizant Technology Solutions trades at a lower price-to-earnings ratio than NEC.
From tickerreport.com
Why it matters
The comparison highlights differences in risk and valuation between the two firms. NEC has a beta of -0.47, indicating its stock price is less volatile than the S&P 500, while Cognizant Technology Solutions has a beta of 0.83. Cognizant Technology Solutions also sees strong institutional ownership, with 92.4% of its shares held by institutional investors.
From tickerreport.com
Who's involved
- NECJapanese technology corporation whose financial metrics were compared
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The entities involved
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NEC
Japanese technology corporation