Media headlines about Conduent (NYSE:CNDT) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Conduent earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.1162566564162 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
CNDT has been the subject of several recent research reports. BidaskClub raised Conduent from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 9th. Zacks Investment Research upgraded Conduent from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Monday, January 1st. BMO Capital Markets reduced their price target on Conduent from $18.00 to $17.00 and set a “market perform” rating for the company in a report on Thursday, November 9th. Cowen restated a “hold” rating on shares of Conduent in a report on Friday, October 6th. Finally, SunTrust Banks restated a “buy” rating and set a $20.00 price target on shares of Conduent in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $19.00.
Conduent (NYSE CNDT) traded up $0.28 during midday trading on Friday, reaching $16.71. The company had a trading volume of 1,904,000 shares, compared to its average volume of 2,280,650. The company has a market cap of $3,520.00 and a P/E ratio of -3.46. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.74 and a quick ratio of 1.74. Conduent has a 52 week low of $13.10 and a 52 week high of $18.15.
Conduent (NYSE:CNDT) last announced its earnings results on Wednesday, November 8th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.01. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Conduent had a negative return on equity of 2.06% and a negative net margin of 1.15%. The business’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same period last year, the firm posted $0.24 earnings per share. equities research analysts anticipate that Conduent will post 0.81 EPS for the current year.
Conduent Company Profile
Conduent Incorporated is a provider of business process services, including transaction-intensive processing, analytics and automation services. The Company’s segments include Commercial Industries, Healthcare and Public Sector. The Commercial Industries segment provides business process services and customized solutions to clients in a range of industries (other than healthcare).
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