Conduent Stock Price, News & Analysis (NYSE:CNDT)

$6.82
-0.24 (-3.40 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$6.74
Now: $6.82
$7.10
50-Day Range
$6.06
MA: $6.99
$9.13
52-Week Range
$5.26
Now: $6.82
$22.87
Volume1.90 million shs
Average Volume2.85 million shs
Market Capitalization$1.44 billion
P/E Ratio6.50
Dividend YieldN/A
Beta1.84
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. Read More…

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$3.2947 per share
Book Value$15.25 per share

Profitability

Net Income$-416,000,000.00

Miscellaneous

Employees82,000
Market Cap$1.44 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 Thursday, August, 8th. The company reported $0.13 EPS for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.04. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.10 billion. Conduent had a positive return on equity of 6.35% and a negative net margin of 35.30%. Conduent's quarterly revenue was down 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 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, November 6th 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 Thursday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.408-4.4544 billion, compared to the consensus revenue estimate of $4.47 billion.

What price target have analysts set for CNDT?

8 brokerages have issued 12-month target prices for Conduent's stock. Their forecasts range from $7.50 to $18.00. On average, they anticipate Conduent's share price to reach $12.6429 in the next twelve months. This suggests a possible upside of 85.4% from the stock's current price. View Analyst Price Targets for Conduent.

What is the consensus analysts' recommendation for Conduent?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Conduent.

Has Conduent been receiving favorable news coverage?

Press coverage about CNDT stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Conduent earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Conduent.

Are investors shorting Conduent?

Conduent saw a increase in short interest in August. As of August 31st, there was short interest totalling 9,308,100 shares, an increase of 25.1% from the July 31st total of 7,440,200 shares. Based on an average daily trading volume, of 2,980,000 shares, the short-interest ratio is presently 3.1 days. Currently, 4.6% of the company's shares are short sold. View Conduent's Current Options Chain.

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 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 a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.98%), BlackRock Inc. (5.97%), Iridian Asset Management LLC CT (4.68%), Wedge Capital Management L L P NC (3.34%), Paradice Investment Management LLC (2.12%) and AQR Capital Management LLC (1.82%). Company insiders that own Conduent stock include A Scott Letier, Carl C Icahn and David Amoriell. 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 Price T Rowe Associates Inc. MD, AQR Capital Management LLC, Eaton Vance Management, Wells Fargo & Company MN, Bank of America Corp DE, Ancora Advisors LLC, Iridian Asset Management LLC CT and BNP Paribas Arbitrage SA. 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 Wedge Capital Management L L P NC, Paradice Investment Management LLC, BlackRock Inc., Nuveen Asset Management LLC, Investment Counselors of Maryland LLC, Victory Capital Management Inc., Royal Bank of Canada and Comerica Bank. Company insiders that have bought Conduent stock in the last two years include A Scott Letier and Carl C Icahn. 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, Robinhood, Fidelity and Charles Schwab.

What is Conduent's stock price today?

One share of CNDT stock can currently be purchased for approximately $6.82.

How big of a company is Conduent?

Conduent has a market capitalization of $1.44 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.View Additional Information About Conduent.

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:  267 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  626
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 9/20/2019 by MarketBeat.com Staff

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