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NYSE:CNDTConduent Stock Price, Forecast & News

$2.39
-0.14 (-5.53 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$2.36
Now: $2.39
$2.63
50-Day Range
$1.74
MA: $2.21
$2.77
52-Week Range
$1.54
Now: $2.39
$9.93
Volume2.72 million shs
Average Volume2.15 million shs
Market Capitalization$499.67 million
P/E Ratio2.28
Dividend YieldN/A
Beta1.87
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.24 out of 5 stars


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$1.21 per share
Book Value$15.25 per share

Profitability

Net Income$-416,000,000.00

Miscellaneous

Employees82,000
Market Cap$499.67 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Conduent (NYSE:CNDT) Frequently Asked Questions

How has Conduent's stock been impacted by COVID-19 (Coronavirus)?

Conduent's stock was trading at $2.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNDT shares have increased by 2.6% and is now trading at $2.39. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Conduent?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Conduent.

When is Conduent's next earnings date?

Conduent is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Conduent.

How were Conduent's earnings last quarter?

Conduent Inc (NYSE:CNDT) announced its quarterly earnings results on Thursday, May, 7th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.07 by $0.02. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1 billion. Conduent had a positive return on equity of 6.33% and a negative net margin of 32.11%. The company's quarterly revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.14 EPS. View Conduent's earnings history.

What price target have analysts set for CNDT?

4 Wall Street analysts have issued 1 year price objectives for Conduent's shares. Their forecasts range from $3.00 to $8.00. On average, they anticipate Conduent's stock price to reach $6.50 in the next year. This suggests a possible upside of 172.0% from the stock's current price. View analysts' price targets for Conduent.

Has Conduent been receiving favorable news coverage?

Media stories about CNDT stock have trended somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Conduent earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutConduent.

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), Wolverine World Wide (WWW), Wendys (WEN), Walgreens Boots Alliance (WBA), Carnival (CCL), General Electric (GE), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), AON (AON) and Marriott International (MAR).

Who are Conduent's key executives?

Conduent's management team includes the following 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)

What is Conduent's stock symbol?

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

Who are Conduent's major shareholders?

Conduent's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.03%), Iridian Asset Management LLC CT (3.61%), Paradice Investment Management LLC (3.31%), Paradice Investment Management LLC (3.31%), Wedge Capital Management L L P NC (3.04%) and State Street Corp (1.92%). Company insiders that own Conduent stock include A Scott Letier, Carl C Icahn, Clifford Skelton, David Amoriell and Michael E Krawitz. 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 Morgan Stanley, New York State Common Retirement Fund, Wells Fargo & Company MN, Iridian Asset Management LLC CT, Wedge Capital Management L L P NC, Bogle Investment Management L P DE, Corbyn Investment Management Inc. MD, and AQR Capital Management LLC. View insider buying and selling activity for Conduent.

Which institutional investors are buying Conduent stock?

CNDT stock was bought by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Paradice Investment Management LLC, Federated Hermes Inc., Deutsche Bank AG, Two Sigma Advisers LP, BNP Paribas Arbitrage SA, Geode Capital Management LLC, and Aperio Group LLC. Company insiders that have bought Conduent stock in the last two years include A Scott Letier, Carl C Icahn, Clifford Skelton, and Michael E Krawitz. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Conduent's stock price today?

One share of CNDT stock can currently be purchased for approximately $2.39.

How big of a company is Conduent?

Conduent has a market capitalization of $499.67 million 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 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.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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