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 BUSINESS SERVICES
Trailing P/E Ratio23.2563811753802
Forward P/E Ratio17.50
Sales & Book Value
Annual Sales$6.02 billion
Price / Sales0.67
Cash Flow$3.24 per share
Price / Cash5.89
Book Value$16.77 per share
Price / Book1.14
Net Income$181 million
Return on Equity5.53%
Return on Assets2.44%
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) announced its quarterly earnings data on Wednesday, February, 21st. The company reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.05. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.48 billion. Conduent had a net margin of 3.01% and a return on equity of 5.53%. The firm's revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 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 2018?
8 equities research analysts have issued 1-year price targets for Conduent's stock. Their predictions range from $18.00 to $25.00. On average, they anticipate Conduent's share price to reach $21.71 in the next year. 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. 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)
- 2. 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. " (2/23/2018)
Who are some of Conduent's key competitors?
Some companies that are related to Conduent include Edenred (EDNMY), FactSet Research Systems (FDS), ManpowerGroup (MAN), Xerox (XRX), Robert Half International (RHI), Rentokil Initial (RTOKY), Black Knight (BKI), WEX (WEX), Oc Oerlikon (OERLF), Genpact (G), Booz Allen Hamilton (BAH), Stericycle (SRCL), Ingenico Group (INGIY), Ritchie Bros. Auctioneers (RBA), HAVAS (HAVSF), Dun & Bradstreet (DNB), Maximus (MMS) and On Assignment (ASGN).
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)
Has Conduent been receiving favorable news coverage?
News stories about CNDT stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Conduent earned a daily sentiment score of 0.16 on Accern's scale. They also gave news articles about the company an impact score of 45.95 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Conduent's major shareholders?
Conduent's stock is owned by a number of of retail and institutional investors. Top institutional investors include
(11.07%), Frontier Capital Management Co. LLC (4.40%), BlackRock Inc. (3.76%), Governors Lane LP (2.99%) and Investec Asset Management LTD (1.49%). 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 Pennant Capital Management LLC, Millennium Management LLC, Teachers Advisors LLC, Bank of New York Mellon Corp, Jefferies Group LLC, TIAA CREF Investment Management LLC, First Quadrant L P CA and Sessa Capital IM L.P.. View Insider Buying and Selling for Conduent.
Which institutional investors are buying Conduent stock?
CNDT stock was acquired by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Two Sigma Advisers LP, Governors Lane LP, Altrinsic Global Advisors LLC, St. James Investment Company LLC, Rice Hall James & Associates LLC, Wells Fargo & Company MN and AXA. 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 $19.07.
How big of a company is Conduent?
Conduent has a market capitalization of $4.08 billion and generates $6.02 billion in revenue each year. The company earns $181 million in net income (profit) each year or $0.82 on an earnings per share basis. Conduent employs 90,000 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)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.
Conduent (NYSE:CNDT) Analysts' Consensus Rating (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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Hold||Hold||Hold|
|Consensus Rating Score: ||2.63||2.43||2.38||2.25|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$21.71||$20.40||$18.50||$17.83|
|Price Target Upside: ||13.87% upside||11.54% upside||17.01% upside||10.49% upside|
Conduent (NYSE:CNDT) Consensus Price Target History
Conduent (NYSE:CNDT) Analyst Ratings History
(Data available from 3/24/2016 forward)
Conduent (NYSE:CNDT) Earnings History and Estimates Chart
Conduent (NYSE CNDT) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/9/2018|| || || || || || || || |
|2/21/2018||Q4 2017||$0.26||$0.31||$1.48 billion||$1.49 billion||View||N/A|
|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|
Conduent (NYSE:CNDT) Earnings Estimates
2018 EPS Consensus Estimate: $0.90
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Conduent (NYSE:CNDT)
No dividend announcements for this company have been tracked by MarketBeat.com
Conduent (NYSE CNDT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.04%
Institutional Ownership Percentage: 93.14%
Conduent (NYSE CNDT) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/16/2017||David Amoriell||EVP||Sell||106,500||$17.01||$1,811,565.00||120,630|| |
|5/19/2017||David Amoriell||EVP||Sell||3,889||$16.66||$64,790.74||120,630|| |
Conduent (NYSE CNDT) News Headlines
|Conduent (CNDT) Upgraded to "Buy" by Needham & Company LLC|
www.americanbankingnews.com - March 24 at 11:25 AM
|$1.46 Billion in Sales Expected for Conduent Inc (CNDT) This Quarter|
www.americanbankingnews.com - March 24 at 9:12 AM
|Conduent Inc (CNDT) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - March 24 at 3:48 AM
|Conduent (CNDT) and Its Competitors Financial Contrast|
www.americanbankingnews.com - March 23 at 7:08 PM
|$0.23 Earnings Per Share Expected for Conduent Inc (CNDT) This Quarter|
www.americanbankingnews.com - March 22 at 1:18 AM
|Edited Transcript of CNDT.N earnings conference call or presentation 8-Nov-17 3:00pm GMT|
finance.yahoo.com - March 21 at 10:13 AM
|Edited Transcript of CNDT.N earnings conference call or presentation 21-Feb-18 3:00pm GMT|
finance.yahoo.com - March 20 at 4:35 PM
|VR Group Selects Conduent Fare Collection System for Finland's Railway Network|
finance.yahoo.com - March 14 at 10:05 AM
|Loan Processing Made Easy: Conduent Introduces Simplified Consumer Finance Platform|
finance.yahoo.com - March 12 at 11:29 AM
|Conduent (CNDT) Coverage Initiated by Analysts at Susquehanna Bancshares|
www.americanbankingnews.com - March 7 at 3:38 PM
|Needham: Conduent Could Net $175-450M With Business Divestitures - Benzinga|
www.benzinga.com - March 7 at 9:19 AM
|The Zacks Analyst Blog Highlights: Hewlett Packard, Broadridge Financial, Conduent, Salesforce.com and Fortinet|
finance.yahoo.com - March 7 at 9:19 AM
|See what the IHS Markit Score report has to say about Conduent Inc.|
finance.yahoo.com - March 5 at 9:20 AM
|Schwab Charles Investment Management Inc. Grows Stake in Conduent Inc (CNDT)|
www.americanbankingnews.com - March 5 at 5:58 AM
|Conduent Inc (CNDT) Shares Bought by Wells Fargo & Company MN|
www.americanbankingnews.com - March 4 at 9:16 AM
|Is It Time To Buy Conduent Incorporated (NYSE:CNDT) Based Off Its PE Ratio?|
finance.yahoo.com - March 3 at 9:07 AM
|Conduent Inc (CNDT) Shares Sold by Water Island Capital LLC|
www.americanbankingnews.com - March 2 at 9:50 PM
|Swiss National Bank Buys 6,700 Shares of Conduent Inc (CNDT)|
www.americanbankingnews.com - March 2 at 7:32 PM
|Investec Asset Management LTD Buys New Holdings in Conduent Inc (CNDT)|
www.americanbankingnews.com - March 2 at 4:18 PM
|Conduent Inc (CNDT) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - March 1 at 5:02 PM
|Altrinsic Global Advisors LLC Acquires 1,007,775 Shares of Conduent Inc (CNDT)|
www.americanbankingnews.com - March 1 at 4:20 AM
|Cowen Reaffirms Hold Rating for Conduent (CNDT)|
www.americanbankingnews.com - February 27 at 9:34 PM
|Conduent Inc (CNDT) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - February 27 at 3:58 AM
|State of Wisconsin Investment Board Acquires 391,001 Shares of Conduent Inc (CNDT)|
www.americanbankingnews.com - February 26 at 11:46 AM
|Adirondack Research & Management Inc. Has $3.85 Million Position in Conduent Inc (CNDT)|
www.americanbankingnews.com - February 26 at 5:10 AM
|Research Analysts Issue Forecasts for Conduent Inc's Q1 2018 Earnings (CNDT)|
www.americanbankingnews.com - February 26 at 3:00 AM
|Conduent's (CNDT) Buy Rating Reiterated at SunTrust Banks|
www.americanbankingnews.com - February 24 at 4:22 PM
|Conduent (CNDT) Upgraded to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - February 23 at 8:34 PM
|Conduent Target of Unusually High Options Trading (CNDT)|
www.americanbankingnews.com - February 23 at 9:06 AM
|Morgan Stanley Raises Conduent (CNDT) Price Target to $20.00|
www.americanbankingnews.com - February 22 at 9:10 PM
|Conduent (CNDT) Given New $19.00 Price Target at BMO Capital Markets|
www.americanbankingnews.com - February 22 at 3:20 PM
|Conduent (CNDT) Jumps: Stock Rises 11.7%|
www.zacks.com - February 22 at 9:04 AM
|Why Conduent Inc. Stock Popped Today|
finance.yahoo.com - February 21 at 4:52 PM
|Conduent (CNDT) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS|
www.americanbankingnews.com - February 21 at 9:44 AM
|Conduent Reports Fourth Quarter and FY 2017 Results; In-line Revenue and Strong Performance on Adjusted EBITDA and Free Cash Flow; FY 2018 Guidance Reaffirms Long-Term Goals|
finance.yahoo.com - February 21 at 9:12 AM
|$1.49 Billion in Sales Expected for Conduent Inc (CNDT) This Quarter|
www.americanbankingnews.com - February 18 at 6:02 AM
|Conduent Inc (CNDT) Expected to Post Earnings of $0.26 Per Share|
www.americanbankingnews.com - February 16 at 3:06 AM
|One Factor Investors Need To Know Before Investing In Conduent Incorporated (NYSE:CNDT)|
finance.yahoo.com - February 14 at 9:20 AM
|Conduent (CNDT) Set to Announce Earnings on Wednesday|
www.americanbankingnews.com - February 14 at 4:32 AM
|2 months after 200-job Triangle expansion announcement, Conduent to lay off 267|
finance.yahoo.com - February 13 at 4:16 PM
|Conduent (CNDT) Upgraded to Buy by Zacks Investment Research|
www.americanbankingnews.com - February 8 at 7:12 PM
|Jonathan Boyar Joins Grant's Interest Rate Observer for Podcast Interview|
finance.yahoo.com - February 7 at 9:24 AM
|Conduent (CNDT) Downgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - February 6 at 8:24 PM
|Conduent to Report Fourth-Quarter 2017 Financial Results on February 21, 2018|
finance.yahoo.com - February 5 at 9:19 AM
|Conduent Inc (CNDT) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - February 2 at 3:28 AM
|Conduent (CNDT) Lifted to Buy at Zacks Investment Research|
www.americanbankingnews.com - January 23 at 9:32 PM
|Conduent Report: Nearly Two-Thirds of Communications and Media Customers Loyal but Can Brands Keep Them?|
finance.yahoo.com - January 22 at 6:02 PM
| Analysts Expect Conduent Inc (CNDT) to Post $0.26 EPS|
www.americanbankingnews.com - January 13 at 7:52 AM
|What Carl Icahn Told Us Explains Why Xerox Might Merge With Fujifilm|
www.thestreet.com - January 11 at 9:32 AM
|Conduent Showcases Future of Customer Experience at NRF 2018: Retail's Big Show|
finance.yahoo.com - January 11 at 9:32 AM
Conduent (NYSE:CNDT) SEC Filings
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Conduent (NYSE:CNDT) Income Statement, Balance Sheet and Cash Flow Statement
Conduent (NYSE CNDT) Stock Chart for Saturday, March, 24, 2018