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 Wall Street research analysts have issued 1 year target prices for Conduent's stock. Their CNDT share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 188.5% 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 beginning of the year. Since then, CNDT shares have decreased by 14.5% and is now trading at $3.12. View the best growth stocks for 2024 here .

Are investors shorting Conduent?

Conduent saw a decline in short interest during 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 trading volume of 1,020,000 shares, the short-interest ratio is currently 1.4 days. Currently, 0.8% of the shares of the company 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 were Conduent's earnings last quarter?

Conduent Incorporated (NASDAQ:CNDT) announced its quarterly 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 business had revenue of $953 million for the quarter, compared to analyst estimates of $930 million. The firm's revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $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 updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share 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 many different institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.04%). 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 .

NASDAQ:CNDT

Conduent (CNDT) Stock Price, News & Analysis

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Free CNDT Stock Alerts

$3.14

-0.03 (-0.95%)

(As of 12:50 PM ET)

Compare

Today's Range: $3.10
▼
$3.17
50-Day Range: $3.17
▼
$3.70
52-Week Range: $2.40
▼
$3.81

Volume: 253,737 shs
Average Volume: 991,353 shs
Market Capitalization: $655.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.00

Get Conduent alerts:

Conduent MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 188.5% Upside
$9.00 Price Target
Short Interest: Healthy
0.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.72
Based on 4 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.

2.39 out of 5 stars

Business Services Sector

194th out of 315 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 89 stocks

3.5

Analyst's Opinion

Consensus Rating
Conduent has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Conduent has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.75% of the float of Conduent has been sold short.
Short Interest Ratio / Days to Cover
Conduent has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Conduent has recently decreased by 21.74%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Conduent does not currently pay a dividend.
Dividend Growth
Conduent does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CNDT.

2.1

News and Social Media Coverage

News Sentiment
Conduent has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Conduent this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Conduent insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.84% of the stock of Conduent is held by insiders.
Percentage Held by Institutions
77.28% of the stock of Conduent is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Conduent are expected to decrease in the coming year, from $1.06 to ($0.02) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Conduent is -2.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Conduent is -2.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Conduent has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CNDT Stock News Headlines

April 11, 2024 | businesswire.com

Conduent Implements Technologies to Help South Carolina EBT Cardholders Protect SNAP and Other Benefits from Fraud

April 9, 2024 | fool.com

Conduent (NASDAQ: CNDT)

April 16, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

April 2, 2024 | businesswire.com

Conduent Transportation Renews Contract with NJ TRANSIT to Maintain and Drive Continued Upgrades of Fare Collection System

March 21, 2024 | finance.yahoo.com

With 78% institutional ownership, Conduent Incorporated (NASDAQ:CNDT) is a favorite amongst the big guns

March 15, 2024 | finance.yahoo.com

20 Most Congested States in the US

March 14, 2024 | finance.yahoo.com

CNDT Mar 2024 5.000 put

March 14, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: KLA (KLAC), Conduent (CNDT) and Comtech Telecommunications (CMTL)

April 16, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

March 4, 2024 | seekingalpha.com

Tracking Carl Icahn's 13F Report - Q4 2023 Update

February 16, 2024 | finance.yahoo.com

Conduent Full Year 2023 Earnings: EPS Beats Expectations

February 15, 2024 | finance.yahoo.com

Conduent Incorporated (NASDAQ:CNDT) Q4 2023 Earnings Call Transcript

February 14, 2024 | finanznachrichten.de

Conduent Inc.: Conduent Reports Fourth Quarter and Full Year 2023 Financial Results

February 14, 2024 | markets.businessinsider.com

Business Services Provider Conduent's Mixed Bag Q4, Hit By Headwinds In Its Commercial Sales Efforts

February 14, 2024 | finanznachrichten.de

Conduent Business Services, LLC: Conduent Reports Fourth Quarter and Full Year 2023 Financial Results

February 14, 2024 | fool.com

Conduent (CNDT) Q4 2023 Earnings Call Transcript

February 14, 2024 | seekingalpha.com

Conduent Incorporated 2023 Q4 - Results - Earnings Call Presentation

February 14, 2024 | finance.yahoo.com

Conduent Inc (CNDT) Reports Mixed Financial Outcomes Amid Strategic Shifts

February 14, 2024 | chron.com

Conduent: Q4 Earnings Snapshot

February 14, 2024 | finance.yahoo.com

Conduent Recognized as a 2024 Leader in HR Benefits Administration by NelsonHall

February 14, 2024 | finance.yahoo.com

Conduent Reports Fourth Quarter and Full Year 2023 Financial Results

February 14, 2024 | globenewswire.com

Conduent Reports Fourth Quarter and Full Year 2023 Financial Results

February 14, 2024 | globenewswire.com

Conduent Recognized as a 2024 Leader in HR Benefits Administration by NelsonHall

February 13, 2024 | markets.businessinsider.com

Conduent is about to announce its earnings — here's what Wall Street expects

February 5, 2024 | finance.yahoo.com

Conduent to Report Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 14, 2024

February 1, 2024 | msn.com

Conduent laying off 93 workers in Endicott after losing state contract

January 30, 2024 | msn.com

35 Most Congested Cities in the World

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:CNDT
CUSIP: N/A
CIK: 1677703
Web: www.conduent.com
Phone: (844) 663-2638
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: +186.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.40)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 2.96
P/E Growth: N/A
Net Income: $-296,000,000.00
Net Margins: -7.95%
Pretax Margin: -8.92%
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 1.97
Current Ratio: 1.91
Quick Ratio: 1.91

Sales & Book Value

Annual Sales: $3.72 billion
Price / Sales: 0.18
Cash Flow: $2.51 per share
Price / Cash Flow: 1.25
Book Value: $2.91 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 208,640,000
Free Float: 204,804,000
Market Cap: $655.13 million
Optionable: Optionable
Beta: 1.59

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Key Executives

Mr. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 Wall Street research analysts have issued 1 year target prices for Conduent's stock. Their CNDT share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 188.5% 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 beginning of the year. Since then, CNDT shares have decreased by 14.5% and is now trading at $3.12.
View the best growth stocks for 2024 here.
Are investors shorting Conduent?: Conduent saw a decline in short interest during 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 trading volume of 1,020,000 shares, the short-interest ratio is currently 1.4 days. Currently, 0.8% of the shares of the company 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 were Conduent's earnings last quarter?: Conduent Incorporated (NASDAQ:CNDT) announced its quarterly 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 business had revenue of $953 million for the quarter, compared to analyst estimates of $930 million. The firm's revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $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 updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share 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 many different institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.04%). 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 4/16/2024 by MarketBeat.com Staff

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Conduent (CNDT) Stock Price, News & Analysis

Conduent MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Conduent Stock (NASDAQ:CNDT)

CNDT Stock Price History

CNDT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CNDT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™