NASDAQ:CNDT

Conduent (CNDT) Stock Price, News & Analysis

$3.68
+0.19 (+5.44%)
(As of 05/2/2024 ET)
Today's Range
$3.43
$3.71
50-Day Range
$2.99
$3.56
52-Week Range
$2.40
$3.81
Volume
1.42 million shs
Average Volume
1.02 million shs
Market Capitalization
$767.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Conduent MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
144.6% Upside
$9.00 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Conduent in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From $1.06 to ($0.02) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Business Services Sector

218th out of 315 stocks

Business Services, Not Elsewhere Classified Industry

71st out of 92 stocks

CNDT stock logo

About Conduent Stock (NASDAQ:CNDT)

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation. The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions. The Government segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, program administration, transaction processing, and payment services; and digital payments, child support payments, government healthcare, and eligibility and enrollment solutions. The Transportation segment offers systems, support, and revenue-generating solutions to government transportation agency clients; and public safety, mobility, and digital payment solutions. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions; transit solutions; citation and permit administration, parking enforcement, and curbside demand management solutions; and computer-aided dispatch/automatic vehicle location solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.

CNDT Stock Price History

CNDT Stock News Headlines

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Conduent (CNDT) Set to Announce Quarterly Earnings on Wednesday
Conduent (NASDAQ: CNDT)
20 Most Congested States in the US
CNDT Mar 2024 5.000 put
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
5/02/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:CNDT
Fax
N/A
Employees
59,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+144.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-296,000,000.00
Pretax Margin
-8.92%

Debt

Sales & Book Value

Annual Sales
$3.72 billion
Cash Flow
$2.99 per share
Book Value
$2.91 per share

Miscellaneous

Free Float
204,804,000
Market Cap
$767.80 million
Optionable
Optionable
Beta
1.60
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Key Executives

  • Mr. Clifford A. SkeltonMr. Clifford A. Skelton (Age 68)
    President, CEO & Director
    Comp: $1.47M
  • Mr. Stephen Henry Wood (Age 57)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $749.91k
  • Mr. Mark Prout (Age 60)
    Executive VP, Chief Technology & Information Officer
    Comp: $634.36k
  • Mr. Michael E. Krawitz (Age 54)
    Executive VP, General Counsel & Secretary
    Comp: $704.44k
  • Mr. Randall King (Age 58)
    Executive Vice President of Commercial Solutions
    Comp: $591.33k
  • Mr. Mark McGinn B.A.
    M.B.A., Chief Administrative Officer
  • Giles Goodburn
    VP of Corporate FP&A and Investor Relations
  • Ms. Tracy Yelencsics
    Chief Communications Officer & Office of CEO
  • Mr. Chris Kujawa
    Chief Human Resources Officer
  • Mr. Louis Edward Keyes (Age 56)
    Executive VP & Chief Revenue Officer
    Comp: $639.05k

CNDT Stock Analysis - Frequently Asked Questions

Should I buy or sell Conduent stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CNDT shares.
View CNDT analyst ratings
or view top-rated stocks.

What is Conduent's stock price target for 2024?

1 equities research analysts have issued 1 year price objectives for Conduent's stock. Their CNDT share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 144.6% from the stock's current price.
View analysts price targets for CNDT
or view top-rated stocks among Wall Street analysts.

How have CNDT shares performed in 2024?

Conduent's stock was trading at $3.65 at the beginning of the year. Since then, CNDT shares have increased by 0.8% and is now trading at $3.68.
View the best growth stocks for 2024 here
.

Are investors shorting Conduent?

Conduent saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,740,000 shares, an increase of 20.8% from the March 31st total of 1,440,000 shares. Based on an average trading volume of 995,700 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.9% of the company's stock are sold short.
View Conduent's Short Interest
.

When is Conduent's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CNDT earnings forecast
.

How were Conduent's earnings last quarter?

Conduent Incorporated (NASDAQ:CNDT) issued its quarterly earnings data on Wednesday, February, 14th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. The company had revenue of $953 million for the quarter, compared to the consensus estimate of $930 million. Conduent's revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.01 EPS.

What ETF holds Conduent's stock?

LeaderShares Activist Leaders ETF holds 945,712 shares of CNDT stock, representing 3.66% of its portfolio.

What guidance has Conduent issued on next quarter's earnings?

Conduent issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.6 billion.

What other stocks do shareholders of Conduent own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conduent investors own include AcelRx Pharmaceuticals (ACRX), Aptinyx (APTX), Axcella Health (AXLA), Aytu BioPharma (AYTU), Calithera Biosciences (CALA), Cidara Therapeutics (CDTX), Catalyst Pharmaceuticals (CPRX), DURECT (DRRX), Geron (GERN) and

Who are Conduent's major shareholders?

Conduent's stock is owned by many different retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.37%), BNP Paribas Financial Markets (0.07%), Counterpoint Mutual Funds LLC (0.04%), Mirae Asset Global Investments Co. Ltd. (0.03%), Diversified Trust Co (0.02%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Clifford Skelton, Louis Edward Keyes, Mark Simon Brewer, Michael E Krawitz and Stephen Henry Wood.
View institutional ownership trends
.

How do I buy shares of Conduent?

Shares of CNDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CNDT) was last updated on 5/2/2024 by MarketBeat.com Staff

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