Conduent Stock Today
| CNDT Stock | USD 3.07 0.04 1.32% |
Performance0 of 100
| Odds Of DistressLess than 39
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Conduent is selling for under 3.07 as of the 25th of April 2024; that is 1.32 percent up since the beginning of the trading day. The stock's last reported lowest price was 3.03. Conduent has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Conduent are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 3rd of January 2017 | Category Technology | Classification Information Technology |
Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States, Europe, and internationally. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey. The company has 208.64 M outstanding shares of which 1.44 M shares are currently shorted by private and institutional investors with about 1.31 trading days to cover. More on Conduent
Moving together with Conduent Stock
| 0.88 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
| 0.82 | DMRC | Digimarc Earnings Call This Week | PairCorr |
Moving against Conduent Stock
| 0.76 | FIS | Fidelity National | PairCorr |
| 0.65 | DTST | Data Storage Corp | PairCorr |
| 0.57 | FI | Fiserv Inc Symbol Change | PairCorr |
Conduent Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Conduent's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Conduent or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Ashok Vemuri | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Data Processing & Outsourced Services, Information Technology Services, Information Technology, NASDAQ Composite, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Conduent report their recommendations after researching Conduent's financial statements, talking to executives and customers, or listening in on Conduent's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Conduent. The Conduent consensus assessment is calculated by taking the average forecast from all of the analysts covering Conduent. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Conduent's liquidity, profitability, solvency, and operating efficiency, Conduent is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Conduent is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Conduent's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Conduent's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Conduent's financial leverage. It provides some insight into what part of Conduent's total assets is financed by creditors.
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Conduent (CNDT) is traded on NASDAQ Exchange in USA. It is located in 100 Campus Drive, Florham Park, NJ, United States, 07932 and employs 59,000 people. Conduent is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 631.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Conduent's market, we take the total number of its shares issued and multiply it by Conduent's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Conduent conducts business under IT Services sector and is part of Information Technology industry. The entity has 208.64 M outstanding shares of which 1.44 M shares are currently shorted by private and institutional investors with about 1.31 trading days to cover.
Conduent currently holds about 519 M in cash with 89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.4.
Check Conduent Probability Of Bankruptcy
Ownership AllocationConduent retains a total of 208.64 Million outstanding shares. The majority of Conduent outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Conduent to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Conduent. Please pay attention to any change in the institutional holdings of Conduent as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Conduent Ownership Details
Conduent Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Conduent jumping above the current price in 90 days from now is over 95.39%. The Conduent probability density function shows the probability of Conduent stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.0284 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Conduent will likely underperform. Additionally, conduent has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Conduent to move above the current price in 90 days from now is over 95.39 (This Conduent probability density function shows the probability of Conduent Stock to fall within a particular range of prices over 90 days) .
Conduent Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Conduent that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Conduent's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Conduent's value.| Instituion | Recorded On | Shares | |
| Segall Bryant & Hamill | 2023-12-31 | 2.4 M | |
| Royce & Associates, Lp | 2023-12-31 | 2.1 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.7 M | |
| Northern Trust Corp | 2023-12-31 | 1.6 M | |
| Amh Equity Ltd | 2023-12-31 | 1.6 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.5 M | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 1.4 M | |
| Ameriprise Financial Inc | 2023-12-31 | 1.2 M | |
| Allianz Asset Management Ag | 2023-12-31 | 1.1 M | |
| Icahn Carl C | 2023-12-31 | 38.1 M | |
| Vanguard Group Inc | 2023-12-31 | 17.4 M |
Conduent Historical Income Statement
Conduent Income Statement is one of the three primary financial statements used for reporting Conduent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Conduent revenue and expense. Conduent Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Conduent's Discontinued Operations is comparatively stable compared to the past year. Non Recurring is likely to gain to about 493.6 M in 2024, whereas EBIT is likely to drop slightly above 83.8 M in 2024. View More FundamentalsConduent Stock Against Markets
Picking the right benchmark for Conduent stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Conduent stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Conduent is critical whether you are bullish or bearish towards Conduent at a given time. Please also check how Conduent's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Conduent without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Conduent Corporate Directors
Conduent corporate directors refer to members of a Conduent board of directors. The board of directors generally takes responsibility for the Conduent's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Conduent's board members must vote for the resolution. The Conduent board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Nevin | Director | Profile | |
| Vincent Intrieri | Director | Profile | |
| Jesse Lynn | Director | Profile | |
| Joie Gregor | Independent Director | Profile |
How to buy Conduent Stock?
Before investing in Conduent, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Conduent. To buy Conduent stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Conduent. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Conduent stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Conduent stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Conduent stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Conduent, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.
Already Invested in Conduent?
The danger of trading Conduent is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Conduent is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Conduent. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Conduent is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Conduent is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Conduent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Conduent Stock. Highlighted below are key reports to facilitate an investment decision about Conduent Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conduent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.Note that the Conduent information on this page should be used as a complementary analysis to other Conduent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Conduent Stock analysis
When running Conduent's price analysis, check to measure Conduent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.
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Is Conduent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conduent. If investors know Conduent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conduent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.5 | Earnings Share (1.41) | Revenue Per Share 17.17 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0167 |
The market value of Conduent is measured differently than its book value, which is the value of Conduent that is recorded on the company's balance sheet. Investors also form their own opinion of Conduent's value that differs from its market value or its book value, called intrinsic value, which is Conduent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Conduent's market value can be influenced by many factors that don't directly affect Conduent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Conduent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Conduent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conduent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.