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

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$10.90 -0.08 (-0.73 %)
(As of 12/19/2018 02:29 AM ET)
Previous Close$10.98
Today's Range$10.7850 - $11.17
52-Week Range$10.46 - $23.39
Volume3.47 million shs
Average Volume2.08 million shs
Market Capitalization$2.34 billion
P/E Ratio12.82
Dividend YieldN/A
Beta0.72
Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States and internationally. It operates in two segments, Commercial Industries and Public Sector. 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, 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 Public Sector segment provides government-centric business process services to the United States federal, state, and local, as well as foreign governments for transportation, public assistance, program administration, transaction processing, and payment services. The company also maintains Government Health Enterprise Medicaid Platform systems. In addition, it 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

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

Debt

Debt-to-Equity Ratio0.45
Current Ratio1.59
Quick Ratio1.59

Price-To-Earnings

Trailing P/E Ratio12.82
Forward P/E Ratio10.19
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.02 billion
Price / Sales0.38
Cash Flow$3.2344 per share
Price / Cash Flow3.37
Book Value$16.77 per share
Price / Book0.65

Profitability

EPS (Most Recent Fiscal Year)$0.85
Net Income$181 million
Net Margins-1.21%
Return on Equity6.88%
Return on Assets3.27%

Miscellaneous

Employees90,000
Outstanding Shares211,290,000
Market Cap$2.34 billion
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) issued its quarterly earnings data on Wednesday, November, 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.01. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.34 billion. Conduent had a positive return on equity of 6.88% and a negative net margin of 1.21%. The business's revenue for the quarter was down 11.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.22 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, February 20th 2019. View Earnings Estimates for Conduent.

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

Conduent issued an update on its FY 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.34-5.4 billion, compared to the consensus revenue estimate of $5.47 billion.

What price target have analysts set for CNDT?

7 analysts have issued 12-month price objectives for Conduent's stock. Their forecasts range from $16.00 to $25.00. On average, they anticipate Conduent's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 97.2% from the stock's current price. View Analyst Price Targets for Conduent.

What is the consensus analysts' recommendation for Conduent?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last year. There are currently 3 hold ratings and 4 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. " (11/13/2018)
  • 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)
  • 3. Cowen Inc analysts commented, "We are raising our price target to $18 from $16. Key Points 4Q:17 Recap: Care.com revenue grew 2% y/y to $44.2mm, just above our estimate of $44.1mm ($44.0mm consensus) and above the high end of the company’s guided range ($43.6mm- $44.1mm). After backing out the ~$3mm of incremental revenue that Care.com generated during an extra week in fiscal year 2016, the company’s y/y revenue growth would have been ~9% y/y. U.S. Consumer revenue increased 8% y/y due to another strong quarter of paying family growth (10% y/y in 4Q). Care.com continued to drive greater leverage in sales and marketing spend as the company continues to benefit from its multi-year product investments in mobile enrollment as well as paid channel optimization. These investments drove an 18% decrease in CAC during the year ($122 in FY:16 to $99 in FY:17) with ROI increasing to 4.6x in FY:17 (up from 3.6x the year prior)." (2/27/2018)

Has Conduent been receiving favorable news coverage?

News coverage about CNDT stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Conduent earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of Conduent's key competitors?

Who are Conduent's key executives?

Conduent's management team includes the folowing people:
  • Mr. Ashok Vemuri, CEO & Director (Age 50)
  • Mr. David A. Amoriell, Pres (Age 61)
  • Mr. Brian J. Webb-Walsh, Exec. VP & CFO (Age 42)
  • Mr. James Michael Peffer, Exec. VP, Gen. Counsel & Sec. (Age 56)
  • Mr. Jeffery Friedel, Exec. VP & Chief People Officer (Age 56)

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 (11.23%), Vanguard Group Inc (8.28%), Vanguard Group Inc. (8.28%), BlackRock Inc. (3.87%), Iridian Asset Management LLC CT (3.21%) and Dimensional Fund Advisors LP (2.58%). 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 Deutsche Bank AG, Rubric Capital Management LP, Frontier Capital Management Co. LLC, Renaissance Technologies LLC, Point72 Asset Management L.P., Loomis Sayles & Co. L P, Neuberger Berman Group LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Conduent.

Which institutional investors are buying Conduent stock?

CNDT stock was bought by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, FMR LLC, First Trust Advisors LP, Hennessy Advisors Inc., First Eagle Investment Management LLC, Copper Rock Capital Partners LLC, Man Group plc and AQR Capital Management LLC. 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 $10.90.

How big of a company is Conduent?

Conduent has a market capitalization of $2.34 billion and generates $6.02 billion in revenue each year. The company earns $181 million in net income (profit) each year or $0.85 on an earnings per share basis. Conduent employs 90,000 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:  182 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  443
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 12/19/2018 by MarketBeat.com Staff

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