Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Conduent Inc’s stock clocked out at $2.23, up 2.76% from its previous closing price of $2.17. In other words, the price has increased by $2.76 from its previous closing price. On the day, 1.13 million shares were traded.
Ratios:
To gain a deeper understanding of CNDT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.81.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 12 ’25 when Goodburn Giles Andrew bought 13,798 shares for $2.32 per share. The transaction valued at 32,011 led to the insider holds 331,168 shares of the business.
ICAHN CARL C sold 38,149,336 shares of CNDT for $132,378,196 on Jun 08 ’24. The 10% Owner now owns 0 shares after completing the transaction at $3.47 per share.
Valuation Measures:
As of this moment, Conduent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.63, and their Forward P/E ratio for the next fiscal year is 35.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.45.
Stock Price History:
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 -10.60%, while the 200-Day Moving Average is calculated to be -36.72%.
Shares Statistics:
A total of 161.83M shares are outstanding, with a floating share count of 144.07M. Insiders hold about 10.98% of the company’s shares, while institutions hold 72.24% stake in the company.
