What is Sidoti Csr's Estimate for Conduent FY2025 Earnings?

Conduent Incorporated (NASDAQ:CNDT - Free Report) - Stock analysts at Sidoti Csr upped their FY2025 earnings estimates for Conduent in a research report issued on Thursday, May 8th. Sidoti Csr analyst M. Riddick now forecasts that the company will post earnings of ($0.29) per share for the year, up from their prior forecast of ($0.34). The consensus estimate for Conduent's current full-year earnings is ($0.34) per share. Sidoti Csr also issued estimates for Conduent's Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.14 EPS and FY2026 earnings at $0.00 EPS.

Conduent (NASDAQ:CNDT - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.13) 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%. Conduent's quarterly revenue was down 18.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS.

Conduent Trading Down 0.2%

Shares of NASDAQ:CNDT traded down $0.01 during mid-day trading on Monday, reaching $2.23. 195,100 shares of the company were exchanged, compared to its average volume of 1,142,933. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.68 and a quick ratio of 1.75. The firm has a market cap of $360.07 million, a price-to-earnings ratio of 1.03 and a beta of 1.52. The firm's 50-day simple moving average is $2.43 and its 200 day simple moving average is $3.43. Conduent has a 1 year low of $1.90 and a 1 year high of $4.90.

Insider Buying and Selling at Conduent

In other news, EVP Giles Andrew Goodburn acquired 13,798 shares of Conduent stock in a transaction dated Monday, May 12th. The shares were acquired at an average cost of $2.32 per share, for a total transaction of $32,011.36. Following the acquisition, the executive vice president now owns 331,168 shares of the company's stock, valued at $768,309.76. This trade represents a 4.35% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.98% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Conduent

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Conduent by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 8,627,507 shares of the company's stock worth $23,294,000 after acquiring an additional 60,398 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in shares of Conduent by 2.5% in the fourth quarter. William Blair Investment Management LLC now owns 6,345,652 shares of the company's stock valued at $25,636,000 after acquiring an additional 154,953 shares in the last quarter. Blue Owl Capital Holdings LP boosted its holdings in shares of Conduent by 67.3% in the fourth quarter. Blue Owl Capital Holdings LP now owns 5,625,459 shares of the company's stock valued at $22,727,000 after acquiring an additional 2,262,437 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Conduent by 526.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,216,978 shares of the company's stock worth $12,997,000 after buying an additional 2,703,849 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in Conduent by 32.1% during the first quarter. American Century Companies Inc. now owns 3,110,253 shares of the company's stock worth $8,398,000 after buying an additional 755,953 shares in the last quarter. 77.28% of the stock is currently owned by institutional investors and hedge funds.

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.