Conduent Incorporated (CNDT)

NASDAQ: CNDT · IEX Real-Time Price · USD
3.380
+0.110 (3.36%)
At close: Jul 2, 2024, 4:00 PM
3.400
+0.020 (0.59%)
After-hours: Jul 2, 2024, 6:56 PM EDT
3.36%
Market Cap 691.49M
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 733,624
Open 3.290
Previous Close 3.270
Day's Range 3.260 - 3.380
52-Week Range 2.400 - 4.080
Beta 1.53
Analysts Buy
Price Target 9.00 (+166.27%)
Earnings Date Jul 31, 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]

Sector Technology
CEO Clifford A. Skelton
Employees 57,000
Stock Exchange NASDAQ
Ticker Symbol CNDT
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for CNDT stock is "Buy" and the 12-month stock price forecast is $9.0.

Price Target
$9.0
(166.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Conduent Transportation Launches EMV Contactless Open Payment System on Venice Public Transportation Network

MILAN & 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 announce...

15 hours ago - Business Wire

Conduent Recognized as a Leader in 2024 NelsonHall CX Services Transformation Report

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated named a market leader in 2024 NelsonHall Evaluation and Assessment Tool (NEAT) for CX Services Transformation.

12 days ago - Business Wire

Conduent to Participate in Singular Research Summer Solstice Conference

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated announced it will participate in the Singular Research Summer Solstice Conference.

14 days ago - Business Wire

Conduent Repurchases Shares From Carl Icahn and Affiliates

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT) (the “Company” or “Conduent”), a global technology-led business solutions and services company, today announced that it entere...

22 days ago - Business Wire

Colorado Awards Business Intelligence and Data Management Services Contract to Conduent

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced the company has been selected by the Colorad...

26 days ago - Business Wire

Conduent Publishes 2023 Corporate Social Responsibility Report

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Publishes 2023 Corporate Social Responsibility Report Progress made through Conduent's people, technology and solutions.

27 days ago - Business Wire

Conduent Recognized as a Leader in 2024 NelsonHall Report on Multi-Process HR Transformation Services

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Recognized as a Leader in 2024 NelsonHall Report on Multi-Process HR Transformation Services.

4 weeks ago - Business Wire

Conduent Named to Newsweek's Top 100 Global Most Loved Workplaces for 2024

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Named to Newsweek's Top 100 Global Most Loved Workplaces for 2024.

4 weeks ago - Business Wire

SEPTA Launches 3D Fare Gates Pilot Program with Conduent Transportation to Detect and Deter Fare Evasion

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 a pilo...

6 weeks ago - Business Wire

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.

Other symbols: HQY
7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

Other symbols: MSFT
2 months ago - PYMNTS

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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.

4 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire