NASDAQ:CNDT

Conduent (CNDT) Stock Price, News & Analysis

$3.03
-0.02 (-0.66%)
(As of 04/23/2024 ET)
Today's Range
$3.03
$3.11
50-Day Range
$3.02
$3.70
52-Week Range
$2.40
$3.81
Volume
736,232 shs
Average Volume
670,985 shs
Market Capitalization
$632.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Conduent MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
197.0% Upside
$9.00 Price Target
Short Interest
Healthy
0.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.09mentions of Conduent in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From $1.06 to ($0.02) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.37 out of 5 stars

Business Services Sector

222nd out of 306 stocks

Business Services, Not Elsewhere Classified Industry

72nd out of 87 stocks

CNDT stock logo

About Conduent Stock (NASDAQ:CNDT)

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation. The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions. The Government segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, program administration, transaction processing, and payment services; and digital payments, child support payments, government healthcare, and eligibility and enrollment solutions. The Transportation segment offers systems, support, and revenue-generating solutions to government transportation agency clients; and public safety, mobility, and digital payment solutions. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions; transit solutions; citation and permit administration, parking enforcement, and curbside demand management solutions; and computer-aided dispatch/automatic vehicle location solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.

CNDT Stock Price History

CNDT Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Conduent (NASDAQ: CNDT)
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
20 Most Congested States in the US
CNDT Mar 2024 5.000 put
Tracking Carl Icahn's 13F Report - Q4 2023 Update
Conduent Full Year 2023 Earnings: EPS Beats Expectations
Conduent: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:CNDT
Fax
N/A
Employees
59,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+197.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-296,000,000.00
Pretax Margin
-8.92%

Debt

Sales & Book Value

Annual Sales
$3.72 billion
Cash Flow
$2.55 per share
Book Value
$2.91 per share

Miscellaneous

Free Float
204,804,000
Market Cap
$632.18 million
Optionable
Optionable
Beta
1.59
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Key Executives

  • Mr. Clifford A. SkeltonMr. Clifford A. Skelton (Age 68)
    President, CEO & Director
    Comp: $1.47M
  • Mr. Stephen Henry Wood (Age 57)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $749.91k
  • Mr. Mark Prout (Age 60)
    Executive VP, Chief Technology & Information Officer
    Comp: $634.36k
  • Mr. Michael E. Krawitz (Age 54)
    Executive VP, General Counsel & Secretary
    Comp: $704.44k
  • Mr. Randall King (Age 58)
    Executive Vice President of Commercial Solutions
    Comp: $591.33k
  • Mr. Mark McGinn B.A.
    M.B.A., Chief Administrative Officer
  • Giles Goodburn
    VP of Corporate FP&A and Investor Relations
  • Ms. Tracy Yelencsics
    Chief Communications Officer & Office of CEO
  • Mr. Chris Kujawa
    Chief Human Resources Officer
  • Mr. Louis Edward Keyes (Age 56)
    Executive VP & Chief Revenue Officer
    Comp: $639.05k

CNDT Stock Analysis - Frequently Asked Questions

Should I buy or sell Conduent stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNDT shares.
View CNDT analyst ratings
or view top-rated stocks.

What is Conduent's stock price target for 2024?

1 analysts have issued 12-month price objectives for Conduent's shares. Their CNDT share price targets range from $9.00 to $9.00. On average, they expect the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 197.0% from the stock's current price.
View analysts price targets for CNDT
or view top-rated stocks among Wall Street analysts.

How have CNDT shares performed in 2024?

Conduent's stock was trading at $3.65 at the start of the year. Since then, CNDT shares have decreased by 17.0% and is now trading at $3.03.
View the best growth stocks for 2024 here
.

Are investors shorting Conduent?

Conduent saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 1,440,000 shares, a decline of 21.7% from the March 15th total of 1,840,000 shares. Based on an average daily trading volume, of 1,020,000 shares, the short-interest ratio is currently 1.4 days. Approximately 0.8% of the company's stock are sold short.
View Conduent's Short Interest
.

When is Conduent's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CNDT earnings forecast
.

How can I listen to Conduent's earnings call?

Conduent will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-660-6853 with passcode "13745034".

How were Conduent's earnings last quarter?

Conduent Incorporated (NASDAQ:CNDT) announced its earnings results on Wednesday, February, 14th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01. The company earned $953 million during the quarter, compared to analyst estimates of $930 million. The firm's revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the business earned $0.01 earnings per share.

What ETF holds Conduent's stock?

LeaderShares Activist Leaders ETF holds 945,712 shares of CNDT stock, representing 3.59% of its portfolio.

What guidance has Conduent issued on next quarter's earnings?

Conduent issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion.

What other stocks do shareholders of Conduent own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conduent investors own include AcelRx Pharmaceuticals (ACRX), Aptinyx (APTX), Axcella Health (AXLA), Aytu BioPharma (AYTU), Calithera Biosciences (CALA), Cidara Therapeutics (CDTX), Catalyst Pharmaceuticals (CPRX), DURECT (DRRX), Geron (GERN) and

Who are Conduent's major shareholders?

Conduent's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.37%), Counterpoint Mutual Funds LLC (0.04%) and Diversified Trust Co (0.02%). Insiders that own company stock include Clifford Skelton, Louis Edward Keyes, Mark Simon Brewer, Michael E Krawitz and Stephen Henry Wood.
View institutional ownership trends
.

How do I buy shares of Conduent?

Shares of CNDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CNDT) was last updated on 4/24/2024 by MarketBeat.com Staff

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