Conduent Incorporated (CNDT)
| Market Cap | 810.15M |
| Revenue (ttm) | 3.72B |
| Net Income (ttm) | -191.00M |
| Shares Out | 204.58M |
| EPS (ttm) | -0.91 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 743,303 |
| Open | 3.940 |
| Previous Close | 3.870 |
| Day's Range | 3.920 - 4.030 |
| 52-Week Range | 2.400 - 4.080 |
| Beta | 1.60 |
| Analysts | Buy |
| Price Target | 9.00 (+127.27%) |
| Earnings Date | May 1, 2024 |
About 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 governme... [Read more]
Financial Performance
In 2023, Conduent's revenue was $3.72 billion, a decrease of -3.53% compared to the previous year's $3.86 billion. Losses were -$296.00 million, 62.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CNDT stock is "Buy" and the 12-month stock price forecast is $9.0.
News
Conduent Completes Transfer of BenefitWallet HSA Portfolio to HealthEquity
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent announced it has completed the third and final transfer of its BenefitWallet Health Savings Accounts (HSA) portfolio to HealthEquity, Inc.
Conduent to Attend Upcoming Needham and TD Cowen Investor Conferences
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, today announced its participation in two major technology and med...
MedRisk Agrees to Purchase Casualty Claims Solutions Business from Conduent
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- #acquisition--MedRisk has agreed to acquire the Casualty Claims Solutions business, including the portfolio of Strataware products, from Conduent.
Conduent Announces Agreement to Sell its Casualty Claims Solutions Business to MedRisk
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Announces Agreement to Sell its Casualty Claims Solutions Business to MedRisk; Transaction expected to close the third quarter of 2024.
Conduent Reports First Quarter 2024 Financial Results
Key Q1 2024 Highlights Revenue: $921M Pre-tax Income: $127M Adj. EBITDA Margin(1): 7.5% New business signings ACV(2): $99M Net ARR Activity Metric(2) (TTM): $17M FLORHAM PARK, N.J.
Constellation Software's Modaxo Completes Acquisition of Curbside Management and Public Safety Businesses from Conduent
TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its People Transportation Division operating as Modaxo, has completed the acquis...
Conduent Completes Sale of its Curbside Management and Public Safety Businesses to Modaxo
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced it has successfully completed the sale of it...
Conduent Forms Generative AI Partnership With Microsoft
Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. The partnership, announced in a Monday (April 29) press release, will begin by ex...
Conduent Collaborates with Microsoft on Generative AI to Drive Innovation in Business Process Solutions
FLORHAM PARK, N.J.--(BUSINESS WIRE)-- #AzureAIDocumentIntelligence--Conduent Collaborates with Microsoft on Generative AI to Drive Innovation in Business Process Solutions.
Conduent Implements I-64 Hampton Roads Express Lanes Tolling System for the Virginia Department of Transportation
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced the im...
Conduent to Report First-Quarter 2024 Financial Results on May 1, 2024
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT) plans to report its first-quarter 2024 financial results on Wednesday, May 1, 2024 before market open.
Conduent Implements Technologies to Help South Carolina EBT Cardholders Protect SNAP and Other Benefits from Fraud
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, has implemented technologies for the South Carolina Departme...
Conduent Transportation Renews Contract with NJ TRANSIT to Maintain and Drive Continued Upgrades of Fare Collection System
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced it rec...
Conduent Reports Fourth Quarter and Full Year 2023 Financial Results
Key Q4 and Full Year 2023 Highlights Revenue and Adj. Revenue(1): Q4 $953M / FY $3,722M Pre-tax Income (Loss): Q4 $(4)M / FY $(332)M Adj.
Conduent Recognized as a 2024 Leader in HR Benefits Administration by NelsonHall
NelsonHall says Conduent provides integrated health, financial wellness and total rewards solutions focused on increasing employee engagement
Conduent to Report Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 14, 2024
FLORHAM PARK, N.J., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, plans to report its fourth-quarter and full...
Oklahoma Turnpike Authority Selects Conduent Transportation to Support PlatePay Cashless Tolling Operations
Conduent chosen to provide technologies and services to retrieve motor vehicle registration ownership data, building on current OTA relationship reviewing license plate images
Conduent Recognized as ‘GovTech 100' Company for Third Consecutive Year
List recognizes Conduent for improving how businesses and governments interact with citizens, patients, customers and employees List recognizes Conduent for improving how businesses and governments in...
Conduent Announces Agreement to Sell its Curbside Management and Public Safety Businesses to Modaxo
FLORHAM PARK, N.J., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced a definitive agreement to s...
Constellation Software's Modaxo Enters into Agreement to Acquire Curbside Management and Public Safety Businesses from Conduent
TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its People Transportation Division operating as Modaxo, has signed an agreement...
Conduent Transportation Develops New Software Platform to Transform Ticket Vending Machines First Used by Trenord in Italy
Platform expands ticket vending machine capabilities, improves the customer experience and enables new business models Italy's Trenord is the first to use Conduent's new software platform, which is no...
Delaware Selects Conduent to Implement Advanced Platform for Infectious Disease Tracking
Delaware Division of Public Health chooses Conduent's Maven to securely monitor, track and report on infectious diseases and other public health threats
Conduent to Present at the Sidoti Small Cap Virtual Conference on Dec. 6
FLORHAM PARK, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that Conduent Chief Financi...
Conduent Transportation Implements New Contactless Payment System in Marseille, France
GUILHERAND-GRANGES, France and FLORHAM PARK, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Inc...
Conduent to Present at the 15th Annual Southwest IDEAS Investor Conference on Nov. 16 in Dallas, TX
FLORHAM PARK, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that Conduent Vice Presiden...