NASDAQ:CNDT Conduent (CNDT) Stock Forecast, Price & News $3.25 +0.12 (+3.83%) (As of 06/2/2023 08:48 PM ET) Add Compare Share Share Today's Range$3.13▼$3.2550-Day Range$2.74▼$3.5752-Week Range$2.69▼$5.57Volume1.89 million shsAverage Volume1.01 million shsMarket Capitalization$709.94 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Conduent MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside38.5% Upside$4.50 Price TargetShort InterestHealthy1.69% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.09Based on 2 Articles This WeekInsider TradingAcquiring Shares$200,275 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.63 out of 5 starsBusiness Services Sector281st out of 332 stocksBusiness Services, Not Elsewhere Classified Industry79th out of 91 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $4.50, Conduent has a forecasted upside of 38.5% from its current price of $3.25.Amount of Analyst CoverageConduent has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.69% of the float of Conduent has been sold short.Short Interest Ratio / Days to CoverConduent has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Conduent has recently increased by 35.77%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldConduent does not currently pay a dividend.Dividend GrowthConduent does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNDT. Previous Next 1.1 News and Social Media Coverage News SentimentConduent has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Conduent this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 people have added Conduent to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Conduent insiders have bought more of their company's stock than they have sold. Specifically, they have bought $200,275.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.44% of the stock of Conduent is held by insiders.Percentage Held by Institutions77.79% of the stock of Conduent is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Conduent is -2.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Conduent is -2.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioConduent has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Conduent (NASDAQ:CNDT) StockConduent, Inc. engages in the provision of business process services with expertise in transaction-intensive processing, analytics, and automation. It operates through the following segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in a variety of industries. The Government Services segment is involved in government-centric business process services and subject matter experts to U.S. federal, state, and local and foreign governments. The Transportation segment includes systems and support to transportation departments and agencies globally. The company was founded in 2016 and is headquartered in Florham Park, NJ.Read More Receive CNDT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Conduent and its competitors with MarketBeat's FREE daily newsletter. Email Address CNDT Stock News HeadlinesMay 30, 2023 | finance.yahoo.comInvestors in Conduent (NASDAQ:CNDT) have unfortunately lost 84% over the last five yearsMay 25, 2023 | benzinga.comConduent to Attend TD Cowen's 51st Annual Technology, Media and Telecom ConferenceJune 5, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 24, 2023 | finance.yahoo.comConduent to Attend TD Cowen’s 51st Annual Technology, Media and Telecom ConferenceMay 24, 2023 | finance.yahoo.comConduent Broadens Healthcare Payer Portfolio with New Innovative AI-Driven Provider Data Management Solution for Health PlansMay 22, 2023 | finance.yahoo.comConduent Recognized by Forbes as one of America’s Best Employers for Diversity for Third Consecutive YearMay 20, 2023 | americanbankingnews.comConduent (NYSE:CNDT) Earns Hold Rating from Analysts at StockNews.comMay 18, 2023 | finance.yahoo.comConduent Introduces Rapid Assistance Solution to Help Agencies Expedite Disbursement of Emergency Relief FundsJune 5, 2023 | UNKNOWN (Ad)Lithium Has Boomed And This American Stock Is Ready..Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!May 18, 2023 | americanbankingnews.comConduent (NASDAQ:CNDT) Shares Gap Up to $2.91May 17, 2023 | finance.yahoo.comConduent Transportation Selected to Implement New Transit Ticketing System in Victoria, AustraliaMay 16, 2023 | markets.businessinsider.comConduent To Buy Back $75 Mln Of SharesMay 16, 2023 | msn.comConduent Adopts $75M Share Buyback ProgramMay 16, 2023 | finance.yahoo.comConduent Announces $75 Million Share Repurchase ProgramMay 11, 2023 | americanbankingnews.comConduent Incorporated (NASDAQ:CNDT) CFO Purchases $100,119.00 in StockMay 10, 2023 | msn.comConduent Earnings Perspective: Return On Capital EmployedMay 10, 2023 | finance.yahoo.comPresident of Conduent Clifford Skelton Buys 1.0% More Shares \May 8, 2023 | finance.yahoo.comConduent Recognized as a 2023 Leader in Cloud HR Transformation by NelsonHallMay 6, 2023 | finance.yahoo.comIn the wake of Conduent Incorporated's (NASDAQ:CNDT) latest US$120m market cap drop, institutional owners may be forced to take severe actionsMay 4, 2023 | finance.yahoo.comConduent to Attend the 18th Annual Needham Technology and Media ConferenceMay 3, 2023 | finance.yahoo.comConduent (CNDT) Q1 2023 Earnings Call TranscriptMay 3, 2023 | seekingalpha.comConduent Incorporated (CNDT) Q1 2023 Earnings Call TranscriptMay 3, 2023 | finance.yahoo.comConduent Reports First Quarter 2023 Financial ResultsApril 20, 2023 | finance.yahoo.comConduent Teams with Jopari Solutions on Unique Self-Service Claims Management Technology for Medical ProvidersApril 19, 2023 | finance.yahoo.comConduent Survey Findings: Combining Human and Digital HR Experiences Key to Improving Employee Satisfaction and EngagementApril 13, 2023 | finance.yahoo.comConduent Features Global Medical Information Services at DIA Medical Affairs and Scientific Communications ConferenceApril 13, 2023 | uk.finance.yahoo.comConduent Incorporated (CNDT)See More Headlines CNDT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNDT Company Calendar Last Earnings2/14/2023Today6/04/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:CNDT CUSIPN/A CIK1677703 Webwww.conduent.com Phone(844) 663-2638FaxN/AEmployees62,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.50 High Stock Price Forecast$4.50 Low Stock Price Forecast$4.50 Forecasted Upside/Downside+38.5%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($1.54) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-182,000,000.00 Net Margins-8.50% Pretax Margin-9.05% Return on Equity3.55% Return on Assets1.02% Debt Debt-to-Equity Ratio1.37 Current Ratio1.85 Quick Ratio1.85 Sales & Book Value Annual Sales$3.81 billion Price / Sales0.19 Cash Flow$3.04 per share Price / Cash Flow1.07 Book Value$4.25 per share Price / Book0.76Miscellaneous Outstanding Shares218,443,000Free Float215,297,000Market Cap$709.94 million OptionableOptionable Beta1.78 Key ExecutivesClifford A. SkeltonPresident, Chief Executive Officer & DirectorStephen WoodChief Financial Officer & Executive Vice PresidentMark ProutChief Technology & Information OfficerMichael E. KrawitzSecretary, Executive VP & General CounselPatrick RaineyChief Administrative OfficerKey CompetitorsAdvantage SolutionsNASDAQ:ADVRepayNASDAQ:RPAYPaysafeNYSE:PSFEMediaAlphaNYSE:MAXInternational Money ExpressNASDAQ:IMXIView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 19,206 shares on 5/22/2023Ownership: 0.535%JPMorgan Chase & Co.Sold 456,571 shares on 5/18/2023Ownership: 0.098%Harvest Portfolios Group Inc.Bought 73,522 shares on 5/18/2023Ownership: 0.072%New York State Common Retirement FundSold 44,900 shares on 5/18/2023Ownership: 0.032%Graham Capital Management L.P.Bought 11,457 shares on 5/16/2023Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions CNDT Stock - Frequently Asked Questions What is Conduent's stock price forecast for 2023? 0 brokers have issued 1 year price targets for Conduent's stock. Their CNDT share price forecasts range from $4.50 to $4.50. On average, they expect the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 38.5% 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 2023? Conduent's stock was trading at $4.05 on January 1st, 2023. Since then, CNDT shares have decreased by 19.8% and is now trading at $3.25. View the best growth stocks for 2023 here. Are investors shorting Conduent? Conduent saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,340,000 shares, an increase of 35.8% from the April 30th total of 2,460,000 shares. Based on an average trading volume of 1,080,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.7% of the shares of the company 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 Tuesday, August 1st 2023. View our CNDT earnings forecast. How were Conduent's earnings last quarter? Conduent Incorporated (NASDAQ:CNDT) issued its quarterly earnings results on Tuesday, February, 14th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.05. The company earned $986 million during the quarter, compared to the consensus estimate of $994 million. Conduent had a negative net margin of 8.50% and a positive trailing twelve-month return on equity of 3.55%. Conduent's quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. What ETFs hold Conduent's stock? ETFs with the largest weight of Conduent (NASDAQ:CNDT) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV).WisdomTree U.S. SmallCap Fund (EES). What guidance has Conduent issued on next quarter's earnings? Conduent issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.70 billion-$3.80 billion, compared to the consensus revenue estimate of $3.75 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 What is Conduent's stock symbol? Conduent trades on the NASDAQ under the ticker symbol "CNDT." Who are Conduent's major shareholders? Conduent's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.52%), Dimensional Fund Advisors LP (4.19%), William Blair Investment Management LLC (3.16%), State Street Corp (1.87%), Segall Bryant & Hamill LLC (1.76%) and Charles Schwab Investment Management Inc. (1.52%). Insiders that own company stock include A Scott Letier, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Conduent's stock price today? One share of CNDT stock can currently be purchased for approximately $3.25. How much money does Conduent make? Conduent (NASDAQ:CNDT) has a market capitalization of $709.94 million and generates $3.81 billion in revenue each year. The company earns $-182,000,000.00 in net income (profit) each year or ($1.54) on an earnings per share basis. How many employees does Conduent have? The company employs 62,000 workers across the globe. How can I contact Conduent? Conduent's mailing address is 100 CAMPUS DRIVE, FLORHAM PARK NJ, 07932. The official website for the company is www.conduent.com. The company can be reached via phone at (844) 663-2638 or via email at ir@conduent.com. This page (NASDAQ:CNDT) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Conduent Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. 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