NYSE:CNDT - Conduent Stock Price, News, & Analysis

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$13.85 +0.45 (+3.36 %)
(As of 03/26/2019 11:08 AM ET)
Previous Close$13.40
Today's Range$13.60 - $13.85
52-Week Range$9.68 - $23.39
Volume17,255 shs
Average Volume2.34 million shs
Market Capitalization$2.93 billion
P/E Ratio12.76
Dividend YieldN/A
Beta1.44
Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States and Europe. It operates through three segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in various industries. This segment delivers end-to-end business-to-business and business-to-customer services, including customer care, human resource management, omni-channel communications, and finance and accounting services that enable its clients to optimize their processes. It also provides industry-specific services, such as personalized product information for the automotive industry; digitized source-to-pay solutions for clients in the manufacturing industry; customer experience and marketing services for clients in the retail industry; mortgage and consumer loan processing for clients in the financial services industry; and customized workforce learning solutions for clients in the aerospace industry. The Government Services segment provides government-centric business process services to the United States federal, state, local, and foreign governments for transportation, public assistance, program administration, transaction processing, and payment services. The Transportation segment provides support for electronic toll collection, public transit, parking, and photo enforcement service to transportation departments and agencies worldwide. It also offers payment services comprising prepaid cards, health savings accounts, and child support payments; customer care services; human resources services; finance and accounting services; legal business services; workforce learning services; and applied automation and analytics solutions. The company is headquartered in Florham Park, New Jersey.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Previous SymbolNASDAQ:CNDT
CUSIPN/A
Phone844-663-2638

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.39 billion
Cash Flow$3.3946 per share
Book Value$15.25 per share

Profitability

Net Income$-416,000,000.00

Miscellaneous

Employees82,000
Market Cap$2.93 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Conduent (NYSE:CNDT) Frequently Asked Questions

What is Conduent's stock symbol?

Conduent trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNDT."

How were Conduent's earnings last quarter?

Conduent Inc (NYSE:CNDT) posted its earnings results on Wednesday, February, 20th. The company reported $0.26 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.26. The company earned $1.28 billion during the quarter, compared to analysts' expectations of $1.26 billion. Conduent had a negative net margin of 7.71% and a positive return on equity of 6.77%. Conduent's quarterly revenue was down 14.1% on a year-over-year basis. During the same period last year, the company posted $0.31 earnings per share. View Conduent's Earnings History.

When is Conduent's next earnings date?

Conduent is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Conduent.

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

Conduent issued an update on its FY 2019 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.417-5.471 billion, compared to the consensus revenue estimate of $4.66 billion.

What price target have analysts set for CNDT?

4 analysts have issued 1-year target prices for Conduent's stock. Their forecasts range from $16.00 to $24.00. On average, they expect Conduent's stock price to reach $18.75 in the next year. This suggests a possible upside of 35.4% from the stock's current price. View Analyst Price Targets for Conduent.

What is the consensus analysts' recommendation for Conduent?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Conduent.

What are Wall Street analysts saying about Conduent stock?

Here are some recent quotes from research analysts about Conduent stock:
  • 1. According to Zacks Investment Research, "Conduent Incorporated is a business process services company. It engaged in providing business and government services to citizens, patients, customers and employees. The services rendered by the company include healthcare solutions, BPO services, learning services, digital payments, legal and compliance solutions, human resources, finance and accounting, procurement solutions and digital transformation. The company serves aerospace defence and automotive services, banking, communication and media, healthcare, industrial and energy, insurance, retail and consumer products and transportation industries. Conduent Incorporated is based in Basking Ridge, N.J. " (2/26/2019)
  • 2. BMO Capital Markets analysts commented, "Earlier today, Dine Brands Global (DIN) revealed that the “b” in the new name for IHOP (44% of DIN’s total sales)—dubbed “IHOb”—was for the launch of its new expanded burger line. We believe the viral marketing campaign for “IHOb” is designed to draw attention to IHOP’s post-morning menu, as well as boost business for the IHOP ‘n Go off-premise platform. We contend the recent pullback in DIN shares presents an opportunity for upside." (6/13/2018)

Has Conduent been receiving favorable news coverage?

Media stories about CNDT stock have trended somewhat negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Conduent earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Conduent's key competitors?

What other stocks do shareholders of Conduent own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conduent investors own include Xerox (XRX), General Electric (GE), Wolverine World Wide (WWW), Intel (INTC), Ford Motor (F), Wendys (WEN), Walgreens Boots Alliance (WBA), AT&T (T), Micron Technology (MU) and Cheesecake Factory (CAKE).

Who are Conduent's key executives?

Conduent's management team includes the folowing people:
  • Mr. Ashok Vemuri, CEO & Director (Age 51)
  • Mr. Brian J. Webb-Walsh, Exec. VP & CFO (Age 43)
  • Mr. James Michael Peffer, Exec. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. Jeffery Friedel, Exec. VP & Chief People Officer (Age 57)
  • Mr. Allan Cohen, VP & Chief Accounting Officer (Age 49)

Who are Conduent's major shareholders?

Conduent's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (9.89%), Lord Abbett & CO. LLC (4.06%), BlackRock Inc. (4.02%), Iridian Asset Management LLC CT (2.96%), Dimensional Fund Advisors LP (2.89%) and River Road Asset Management LLC (1.39%). View Institutional Ownership Trends for Conduent.

Which institutional investors are selling Conduent stock?

CNDT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Frontier Capital Management Co. LLC, First Trust Advisors LP, Ancora Advisors LLC, Lord Abbett & CO. LLC, Two Sigma Advisers LP, Iridian Asset Management LLC CT and Two Sigma Investments LP. View Insider Buying and Selling for Conduent.

Which institutional investors are buying Conduent stock?

CNDT stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Investment Counselors of Maryland LLC, River Road Asset Management LLC, Canada Pension Plan Investment Board, Dimensional Fund Advisors LP, SG Americas Securities LLC, Connor Clark & Lunn Investment Management Ltd. and Barclays PLC. View Insider Buying and Selling for Conduent.

How do I buy shares of Conduent?

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

What is Conduent's stock price today?

One share of CNDT stock can currently be purchased for approximately $13.85.

How big of a company is Conduent?

Conduent has a market capitalization of $2.93 billion and generates $5.39 billion in revenue each year. The company earns $-416,000,000.00 in net income (profit) each year or $1.05 on an earnings per share basis. Conduent employs 82,000 workers across the globe.

What is Conduent's official website?

The official website for Conduent is http://www.conduent.com.

How can I contact Conduent?

Conduent's mailing address is 100 CAMPUS DRIVE, FLORHAM PARK NJ, 07932. The company can be reached via phone at 844-663-2638.


MarketBeat Community Rating for Conduent (NYSE CNDT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  531
MarketBeat's community ratings are surveys of what our community members think about Conduent and other stocks. Vote "Outperform" if you believe CNDT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNDT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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