About Conduent (NYSE:CNDT)
Conduent Incorporated is a provider of business process services, including transaction-intensive processing, analytics and automation services. The Company's segments include Commercial Industries, Healthcare and Public Sector. The Commercial Industries segment provides business process services and customized solutions to clients in a range of industries (other than healthcare). The Healthcare segment provides industry-centric business process services to clients across the healthcare industry, including providers, payers, employers, pharmaceutical and life science companies and government agencies. The Public Sector segment provides government-centric business process services and subject matter experts to the United States federal, state and local and foreign governments. The Government Health Enterprise (HE) Medicaid Platform for all current state clients and Student Loan businesses are included in Other.
Industry, Sector and Symbol
Industry Technology Consulting & Outsourcing Services
SymbolNYSE:CNDTPrevious Symbol: NASDAQ:CNDT
Trailing P/E Ratio18.55
Forward P/E Ratio19.02
Sales & Book Value
Annual Sales$6.41 billion
Price / Sales0.51
Price / CashN/A
Book Value$15.74 per share
Price / Book0.98
Return on Equity5.45%
Return on Assets2.35%
Frequently Asked Questions for Conduent (NYSE:CNDT)
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) released its quarterly earnings results on Wednesday, November, 8th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.01. The business earned $1.48 billion during the quarter, compared to analysts' expectations of $1.50 billion. Conduent had a positive return on equity of 5.45% and a negative net margin of 16.18%. The firm's revenue for the quarter was down 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 earnings per share. View Conduent's Earnings History.
When will Conduent make its next earnings announcement?
Where is Conduent's stock going? Where will Conduent's stock price be in 2017?
8 equities research analysts have issued 12 month price targets for Conduent's shares. Their predictions range from $15.00 to $25.00. On average, they anticipate Conduent's stock price to reach $18.50 in the next twelve months. View Analyst Ratings for Conduent.
Who are some of Conduent's key competitors?
Some companies that are related to Conduent include Microsemi Corporation (MSCC), Momo (MOMO), Guidewire Software (GWRE), Prysmian S.p.A. (PRY), GrubHub (GRUB), Zebra Technologies Corporation (ZBRA), King Digital Entertainment PLC (KING), Tableau Software (DATA), Youku Tudou (YOKU), Sabre Corporation (SABR), TPG Telecom Ltd (TPM), Brocade Communications Systems (BRCD), Sea Limited (SE), Aspen Technology (AZPN), Blackbaud (BLKB), Fair Isaac (FICO), Teradata Corporation (TDC) and Qudian Inc. Sponsored ADR (QD).
Who are Conduent's key executives?
Conduent's management team includes the folowing people:
- William G. Parrett, Independent Chairman of the Board (Age 72)
- Ashok Vemuri, Chief Executive Officer, Director (Age 48)
- Brian J. Webb-Walsh, Chief Financial Officer, Executive Vice President (Age 41)
- Kevin Warren, President, Commercial Business Group
- Robert Zapfel, President, Xerox Services
- David Amoriell, Executive Vice President & President, Public Sector (Age 60)
- Jeffrey Friedel, Executive Vice President & Chief People Officer (Age 52)
- Allan Cohen, Chief Accounting Officer, Vice President (Age 47)
- Jay Chu, Vice President - Finance (Age 58)
- James Michael Peffer, Vice President, General Counsel, Secretary (Age 56)
Who owns Conduent stock?
Conduent's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (4.23%), Dimensional Fund Advisors LP (1.92%), Point72 Asset Management L.P. (0.95%), Rubric Capital Management LP (0.87%), Neuberger Berman Group LLC (0.85%) and Wells Fargo & Company MN (0.67%). View Institutional Ownership Trends for Conduent.
Who sold Conduent stock? Who is selling Conduent stock?
Conduent's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Allianz Asset Management GmbH, Wells Fargo & Company MN, Sessa Capital IM L.P., Ameriprise Financial Inc., California State Teachers Retirement System, Frontier Capital Management Co. LLC and Stifel Financial Corp. View Insider Buying and Selling for Conduent.
Who bought Conduent stock? Who is buying Conduent stock?
Conduent's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Rubric Capital Management LP, P Schoenfeld Asset Management LP, Corbyn Investment Management Inc. MD, Highbridge Capital Management LLC, Point72 Asset Management L.P., Cipher Capital LP and Kirr Marbach & Co. LLC IN. View Insider Buying and Selling for Conduent.
How do I buy Conduent stock?
Shares of Conduent 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 Conduent stock can currently be purchased for approximately $15.41.
How big of a company is Conduent?
Conduent has a market capitalization of $3.24 billion and generates $6.41 billion in revenue each year. The company earns $-983,000,000.00 in net income (profit) each year or ($4.83) on an earnings per share basis. Conduent employs 96,000 workers across the globe.
How can I contact Conduent?
Conduent's mailing address is 100 Campus Dr, FLORHAM PARK, NJ 07932-1020, United States. The company can be reached via phone at +1-203-8492339.
MarketBeat Community Rating for Conduent (CNDT)MarketBeat's community ratings are surveys of what our community members think about Conduent and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Conduent (NYSE:CNDT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 5 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.38)|
|Consensus Price Target: ||$18.50 (20.05% upside)|
Consensus Price Target History for Conduent (NYSE:CNDT)
Analysts' Ratings History for Conduent (NYSE:CNDT)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/10/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$20.00||N/A|
|11/9/2017||BMO Capital Markets||Lower Price Target||Market Perform||$18.00 -> $17.00||N/A|
|11/7/2017||Cross Research||Upgrade||Hold -> Buy||N/A|
|10/6/2017||Cowen Inc||Reiterated Rating||Hold||N/A|
|9/13/2017||Needham & Company LLC||Initiated Coverage||Hold -> Hold||Low|
|6/9/2017||Citigroup Inc.||Reiterated Rating||Buy -> Buy||$17.00 -> $25.00||Low|
|1/12/2017||Morgan Stanley||Initiated Coverage||Equal -> Equal Weight||$16.00||N/A|
|1/3/2017||J P Morgan Chase & Co||Initiated Coverage||Neutral||$15.00||N/A|
Earnings History and Estimates Chart for Conduent (NYSE:CNDT)
Earnings History by Quarter for Conduent (NYSE CNDT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/28/2018|| || || || || || || || |
|11/8/2017||Q3 2017||$0.21||$0.22||$1.50 billion||$1.48 billion||View||N/A|
|8/9/2017||Q2 2017||$0.16||$0.16||$1.50 billion||$1.50 billion||View||Listen|
|5/10/2017||Q1 2017||$0.16||$0.16||$1.56 billion||$1.55 billion||View||N/A|
|2/22/2017||Q416||$0.22||$0.29||$1.64 billion||$1.51 billion||View||Listen|
Earnings Estimates for Conduent (NYSE:CNDT)
Current Year EPS Consensus Estimate: $0.81 EPS
Next Year EPS Consensus Estimate: $1.01 EPS
Dividend History for Conduent (NYSE:CNDT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Conduent (NYSE CNDT)
Insider Ownership Percentage: 0.04%
Institutional Ownership Percentage: 84.08%
Insider Trades by Quarter for Conduent (NYSE CNDT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/16/2017||David Amoriell||EVP||Sell||106,500||$17.01||$1,811,565.00|| |
|5/19/2017||David Amoriell||EVP||Sell||3,889||$16.66||$64,790.74|| |
Latest Headlines for Conduent (NYSE CNDT)
Financials are not available for this stock.
Conduent (NYSE CNDT) Chart for Thursday, November, 23, 2017