Sidoti Csr Issues Pessimistic Forecast for Conduent Earnings

Conduent Incorporated (NASDAQ:CNDT - Free Report) - Equities research analysts at Sidoti Csr cut their Q1 2026 EPS estimates for shares of Conduent in a research report issued to clients and investors on Monday, May 5th. Sidoti Csr analyst M. Riddick now forecasts that the company will post earnings per share of ($0.12) for the quarter, down from their prior estimate of ($0.11). The consensus estimate for Conduent's current full-year earnings is ($0.34) per share. Sidoti Csr also issued estimates for Conduent's Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.13 EPS and FY2026 earnings at ($0.04) EPS.

Conduent (NASDAQ:CNDT - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.06. The company had revenue of $751.00 million during the quarter, compared to the consensus estimate of $776.00 million. Conduent had a net margin of 12.69% and a negative return on equity of 11.39%. The firm's quarterly revenue was down 18.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 earnings per share.

Conduent Stock Performance

Conduent stock traded up $0.05 during midday trading on Thursday, hitting $2.25. 1,266,352 shares of the company were exchanged, compared to its average volume of 1,147,430. The business has a fifty day simple moving average of $2.51 and a two-hundred day simple moving average of $3.46. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.75 and a current ratio of 1.68. The firm has a market capitalization of $363.31 million, a PE ratio of 1.04 and a beta of 1.52. Conduent has a fifty-two week low of $1.90 and a fifty-two week high of $4.90.

Institutional Investors Weigh In On Conduent

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Conduent by 526.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,216,978 shares of the company's stock valued at $12,997,000 after buying an additional 2,703,849 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Conduent during the 4th quarter valued at about $797,000. American Century Companies Inc. increased its stake in shares of Conduent by 156.8% in the 4th quarter. American Century Companies Inc. now owns 2,354,300 shares of the company's stock valued at $9,511,000 after purchasing an additional 1,437,479 shares in the last quarter. Barclays PLC boosted its position in Conduent by 233.0% during the third quarter. Barclays PLC now owns 271,923 shares of the company's stock worth $1,096,000 after purchasing an additional 190,269 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Conduent by 10.0% in the fourth quarter. Renaissance Technologies LLC now owns 2,510,399 shares of the company's stock valued at $10,142,000 after purchasing an additional 227,899 shares during the period. Institutional investors and hedge funds own 77.28% of the company's stock.

Conduent Company Profile

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.