Malibu Boats, Inc. (MBUU) Is At $32.10 Formed Wedge; Cognizant Technology Solutions (CTSH) Sentiment Is 1.03

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide. The company has market cap of $48.65 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. It has a 32.61 P/E ratio. The Company’s consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services.

Malibu Boats, Inc. (MBUU) formed wedge up with $34.67 target or 8.00% above today’s $32.10 share price. Malibu Boats, Inc. (MBUU) has $693.07 million valuation. The stock decreased 2.79% or $0.92 during the last trading session, reaching $32.1. About 160,177 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 77.33% since February 28, 2017 and is uptrending. It has outperformed by 60.63% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 41 sales for $58.66 million activity.

Cryder Capital Partners Llp holds 14.45% of its portfolio in Cognizant Technology Solutions Corporation for 487,755 shares. Tahithromos L.L.C. owns 160,000 shares or 14.03% of their US portfolio. Moreover, Provident Trust Co has 12.82% invested in the company for 3.98 million shares. The France-based Comgest Global Investors S.A.S. has invested 12.51% in the stock. Matthews International Capital Management Llc, a California-based fund reported 3.72 million shares.

The stock decreased 0.55% or $0.46 during the last trading session, reaching $82.51. About 2.91 million shares traded. Cognizant Technology Solutions Corporation (CTSH) has risen 5.50% since February 28, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on May, 4. They expect $0.99 earnings per share, up 25.32% or $0.20 from last year’s $0.79 per share. CTSH’s profit will be $583.75 million for 20.84 P/E if the $0.99 EPS becomes a reality. After $0.96 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 3.13% EPS growth.

Analysts await Malibu Boats, Inc. (NASDAQ:MBUU) to report earnings on May, 2. They expect $0.70 earnings per share, up 45.83% or $0.22 from last year’s $0.48 per share. MBUU’s profit will be $15.11M for 11.46 P/E if the $0.70 EPS becomes a reality. After $0.51 actual earnings per share reported by Malibu Boats, Inc. for the previous quarter, Wall Street now forecasts 37.25% EPS growth.

Among 8 analysts covering Malibu Boats (NASDAQ:MBUU), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Malibu Boats has $40.0 highest and $24 lowest target. $35.68’s average target is 11.15% above currents $32.1 stock price. Malibu Boats had 19 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Overweight” rating given on Tuesday, August 11 by KeyBanc Capital Markets. On Monday, February 12 the stock rating was maintained by BMO Capital Markets with “Buy”. The rating was upgraded by BMO Capital Markets to “Buy” on Monday, September 11. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Buy” rating given on Monday, October 2 by Aegis Capital. B. Riley & Co maintained Malibu Boats, Inc. (NASDAQ:MBUU) rating on Wednesday, November 8. B. Riley & Co has “Neutral” rating and $29.5 target. Wells Fargo maintained Malibu Boats, Inc. (NASDAQ:MBUU) rating on Wednesday, November 8. Wells Fargo has “Buy” rating and $36.0 target. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Neutral” rating by B. Riley & Co on Monday, February 12. The company was maintained on Thursday, August 31 by KeyBanc Capital Markets. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Buy” rating by BMO Capital Markets on Friday, October 13. On Tuesday, September 22 the stock rating was upgraded by Zacks to “Hold”.