CNDT - Conduent Stock Price, News & Analysis

$15.41 0.01 (0.06 %)
(As of 11/24/2017 04:04 AM ET)
Previous Close$15.40
Today's Range$15.34 - $15.48
52-Week Range$13.10 - $18.15
Volume1.64 million shs
Average Volume2.49 million shs
Market Capitalization$3.24 billion
P/E Ratio18.57
Dividend YieldN/A
BetaN/A

About Conduent (NYSE:CNDT)

Conduent logoConduent 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
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:CNDT
  • Previous Symbol: NASDAQ:CNDT
  • CUSIPN/A

    Debt

    Debt-to-Equity Ratio0.60%
    Current Ratio1.74%
    Quick Ratio1.74%

    Price-To-Earnings

    Trailing P/E Ratio18.57
    Forward P/E Ratio19.02
    P/E GrowthN/A

    Sales & Book Value

    Annual Sales$6.41 billion
    Price / Sales0.51
    Cash FlowN/A
    Price / CashN/A
    Book Value$15.74 per share
    Price / Book0.98

    Dividend

    Annual DividendN/A
    Dividend YieldN/A

    Profitability

    Trailing EPS($4.85)
    Net Income$-983,000,000.00
    Net Margins-16.18%
    Return on Equity5.45%
    Return on Assets2.35%

    Miscellaneous

    Employees96,000
    Outstanding Shares210,380,000

    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) issued its earnings results on Wednesday, November, 8th. The company reported $0.22 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.01. The firm earned $1.48 billion during the quarter, compared to analyst estimates of $1.50 billion. Conduent had a negative net margin of 16.18% and a positive return on equity of 5.45%. Conduent's revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 earnings per share. View Conduent's Earnings History.

    When will Conduent make its next earnings announcement?

    Conduent is scheduled to release their next quarterly earnings announcement on Wednesday, February, 28th 2018. View Earnings Estimates for Conduent.

    Where is Conduent's stock going? Where will Conduent's stock price be in 2017?

    8 brokers have issued 12 month price targets for Conduent's shares. Their forecasts range from $15.00 to $25.00. On average, they expect Conduent's share price to reach $18.50 in the next twelve months. View Analyst Ratings for Conduent.

    Who are some of Conduent's key competitors?

    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 shareholders 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 bought 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 ($4.85) 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 DRIVE, FLORHAM PARK NJ, 07932. The company can be reached via phone at 844-663-2638.


    MarketBeat Community Rating for Conduent (CNDT)

    Community Ranking:  2.1 out of 5 (star star)
    Outperform Votes:  71 (Vote Outperform)
    Underperform Votes:  96 (Vote Underperform)
    Total Votes:  167
    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.

    Analyst Ratings

    Analysts' Consensus Rating for Conduent (NYSE:CNDT)

      (How are Consensus Ratings Calculated?)
    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)

    Price Target History for Conduent (NYSE:CNDT)

    Analysts' Ratings History for Conduent (NYSE:CNDT)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    11/10/2017SunTrust Banks, Inc.Reiterated RatingBuy$20.00N/AView Rating Details
    11/9/2017BMO Capital MarketsLower Price TargetMarket Perform$18.00 -> $17.00N/AView Rating Details
    11/7/2017Cross ResearchUpgradeHold -> BuyN/AView Rating Details
    10/6/2017Cowen IncReiterated RatingHoldN/AView Rating Details
    9/13/2017Needham & Company LLCInitiated CoverageHold -> HoldLowView Rating Details
    6/9/2017Citigroup Inc.Reiterated RatingBuy -> Buy$17.00 -> $25.00LowView Rating Details
    1/12/2017Morgan StanleyInitiated CoverageEqual -> Equal Weight$16.00N/AView Rating Details
    1/3/2017J P Morgan Chase & CoInitiated CoverageNeutral$15.00N/AView Rating Details
    (Data available from 11/24/2015 forward)

    Earnings

    Earnings History and Estimates Chart for Conduent (NYSE:CNDT)

    Earnings by Quarter for Conduent (NYSE:CNDT)

    Earnings History by Quarter for Conduent (NYSE CNDT)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    2/28/2018        
    11/8/2017Q3 2017$0.21$0.22$1.50 billion$1.48 billionViewN/AView Earnings Details
    8/9/2017Q2 2017$0.16$0.16$1.50 billion$1.50 billionViewListenView Earnings Details
    5/10/2017Q1 2017$0.16$0.16$1.56 billion$1.55 billionViewN/AView Earnings Details
    2/22/2017Q416$0.22$0.29$1.64 billion$1.51 billionViewListenView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for Conduent (NYSE:CNDT)
    Current Year EPS Consensus Estimate: $0.81 EPS
    Next Year EPS Consensus Estimate: $1.01 EPS

    Dividends

    Dividend History for Conduent (NYSE:CNDT)
    No dividend announcements for this company have been tracked by MarketBeat.com

    Insider Trades

    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)
    Insider Trades by Quarter for Conduent (NYSE:CNDT)

    Insider Trades by Quarter for Conduent (NYSE CNDT)

    Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
    8/16/2017David AmoriellEVPSell106,500$17.01$1,811,565.00View SEC Filing  
    5/19/2017David AmoriellEVPSell3,889$16.66$64,790.74View SEC Filing  
    (Data available from 1/1/2013 forward)

    Headlines

    Latest Headlines for Conduent (NYSE CNDT)

    Source:

    Social Media

    Financials

    Financials are not available for this stock.

    Chart

    Conduent (NYSE CNDT) Chart for Friday, November, 24, 2017
    Loading chart…

    This page was last updated on 11/24/2017 by MarketBeat.com Staff

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