In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $2.84 in the prior trading day, Conduent Inc (NASDAQ: CNDT) closed at $2.88, up 1.41%. In other words, the price has increased by $1.41 from its previous closing price. On the day, 0.7 million shares were traded. CNDT stock price reached its highest trading level at $2.885 during the session, while it also had its lowest trading level at $2.81.
Ratios:
Our goal is to gain a better understanding of CNDT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.82.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on March 14, 2024, initiated with a Outperform rating and assigned the stock a target price of $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 18 ’25 when Agadi Harshavardhan V bought 100,000 shares for $2.81 per share. The transaction valued at 281,000 led to the insider holds 100,000 shares of the business.
Goodburn Giles Andrew bought 13,798 shares of CNDT for $32,011 on May 12 ’25. The EVP, Chief Financial Officer now owns 331,168 shares after completing the transaction at $2.32 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNDT now has a Market Capitalization of 454965184 and an Enterprise Value of 1155965184. As of this moment, Conduent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 93.51, and their Forward P/E ratio for the next fiscal year is 144.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.371 whereas that against EBITDA is 128.441.
Stock Price History:
The Beta on a monthly basis for CNDT is 1.36, which has changed by -0.25581396 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, CNDT has reached a high of $4.90, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is 7.08%, while the 200-Day Moving Average is calculated to be -4.85%.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 1092830 shares per day over the last 10 days, according to various share statistics. A total of 159.16M shares are outstanding, with a floating share count of 140.62M. Insiders hold about 10.99% of the company’s shares, while institutions hold 72.34% stake in the company. Shares short for CNDT as of 1756425600 were 3082017 with a Short Ratio of 2.97, compared to 1753920000 on 3045882. Therefore, it implies a Short% of Shares Outstanding of 3082017 and a Short% of Float of 2.01.
Earnings Estimates
At present, 1.0 analysts are actively evaluating the performance of Conduent Inc (CNDT) in the stock market.The consensus estimate for the next quarter is $0.03, with high estimates of $0.03 and low estimates of $0.03.
Analysts are recommending an EPS of between -$0.29 and -$0.29 for the fiscal current year, implying an average EPS of -$0.29. EPS for the following year is $0.0, with 1.0 analysts recommending between $0.0 and $0.0.
Revenue Estimates
2 analysts predict $792M in revenue for the current quarter. It ranges from a high estimate of $794M to a low estimate of $790M. As of the current estimate, Conduent Inc’s year-ago sales were $807MFor the next quarter, 2 analysts are estimating revenue of $832M. There is a high estimate of $845M for the next quarter, whereas the lowest estimate is $819M.
A total of 2 analysts have provided revenue estimates for CNDT’s current fiscal year. The highest revenue estimate was $3.14B, while the lowest revenue estimate was $3.12B, resulting in an average revenue estimate of $3.13B. In the same quarter a year ago, actual revenue was $3.36BBased on 2 analysts’ estimates, the company’s revenue will be $3.25B in the next fiscal year. The high estimate is $3.29B and the low estimate is $3.22B.