Conduent Incorporated (CNDT)

NASDAQ: CNDT · Real-Time Price · USD
3.700
-0.090 (-2.37%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-2.37%
Market Cap 600.87M
Revenue (ttm) 3.63B
Net Income (ttm) 22.00M
Shares Out 162.40M
EPS (ttm) 0.11
PE Ratio 35.01
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,682,276
Open 3.760
Previous Close 3.790
Day's Range 3.690 - 3.830
52-Week Range 2.400 - 4.215
Beta 1.47
Analysts Buy
Price Target 9.00 (+143.24%)
Earnings Date Oct 30, 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
Founded 2016
Employees 59,000
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 -$306.00 million, 59.4% 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
(143.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Conduent Named a Leader in NelsonHall Healthcare Payer Operational Transformation Assessment

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent achieves across-the-board Leader ranking in NelsonHall Health Payer Operations Transformation evaluation.

5 weeks ago - Business Wire

Conduent to Modernize Government Benefits Disbursement System for American Samoa Recipients

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, has been selected by the American Samoa Department of Human ...

6 weeks ago - Business Wire

MedRisk Completes Acquisition of Casualty Claims Solutions Business from Conduent

KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- MedRisk, a leader in managed physical rehabilitation in workers' compensation, has completed the acquisition of the Casualty Claims Solutions b...

6 weeks ago - GlobeNewsWire

Conduent Completes Sale of Its Casualty Claims Solutions Business to MedRisk

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that it has completed the sale of its Casual...

6 weeks ago - Business Wire

Conduent, Inc. (CNDT) Q2 2024 Earnings Call Transcript

Conduent, Inc. (NASDAQ:CNDT) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Giles Goodburn - VP & IR Steve Wood - CFO Clifford Skelton – President & CEO Conference Ca...

2 months ago - Seeking Alpha

Conduent Reports Second Quarter 2024 Financial Results

Key Q2 2024 Highlights Revenue: $828M Adj. Revenue(1): $811M Pre-tax Income: $300M Adj.

2 months ago - GlobeNewsWire

Conduent Named “Best Place to Work for Disability Inclusion” for Third Consecutive Year

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent earned top scores in Disability Equality Index in U.S., Philippines and India.

3 months ago - Business Wire

Conduent to Report Second-Quarter 2024 Financial Results on August 7, 2024

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent to Report Second-Quarter 2024 Financial Results on August 7, 2024.

3 months ago - Business Wire

Conduent Transportation Modernizes Ohio Turnpike's Tolling Lanes to Improve Motorist Experience

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 co...

3 months ago - Business Wire

Conduent Transportation Selected to Transform Public Transport Network in Saint-Étienne Métropole, France

GUILHERAND-GRANGES, France & FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: ...

3 months ago - Business Wire

Wisconsin Department of Children and Families Selects Conduent to Modernize the State's Child Support System

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced its selection by the Wisconsin Department of...

3 months ago - Business Wire

Montana Renews Pharmacy Benefit Management Contract with Conduent

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced a three-year Pharmacy Benefit Management (PB...

3 months ago - Business Wire

Conduent Selling Subsidiaries To Enable Profitable Growth

Conduent is undergoing a transition to improve profitability and growth, through divestitures and debt reduction. Despite revenue declines, potential profitability could lead to excellent results for ...

3 months ago - Seeking Alpha

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...

4 months 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.

4 months 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.

4 months 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...

4 months 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...

4 months 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.

4 months 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.

5 months 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.

5 months 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...

5 months 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
5 months 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...

5 months 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.

6 months ago - Business Wire