Currently, Conduent Inc [CNDT] is trading at $2.66, up 5.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CNDT shares have gain 18.75% over the last week, with a monthly amount glided 34.34%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Conduent Inc [NASDAQ: CNDT] stock has seen the most recent analyst activity on March 14, 2024, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $9. Previously, Needham downgraded its rating to Hold on November 09, 2021. On April 14, 2020, downgrade downgraded it’s rating to Neutral. Needham reiterated its Buy rating and decreased its price target to $5.50 on February 21, 2020. JP Morgan upgraded its rating to a Overweight. Needham reiterated a Buy rating for this stock on May 09, 2019, and downed its price target to $14. In a note dated May 09, 2019, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $17 to $12.
This stock has fluctuated between a low of $1.90 and a high of $4.90 over the last 52 weeks. Conduent Inc [NASDAQ: CNDT] shares were valued at $2.66 at the most recent close of the market.
Analyzing the CNDT fundamentals
Trailing Twelve Months sales for Conduent Inc [NASDAQ:CNDT] were 3.19B which represents -18.46% decline. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.32 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.58 points at the first support level, and at 2.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.72, and for the 2nd resistance point, it is at 2.78.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Conduent Inc [NASDAQ:CNDT] is 1.64. Also, the Quick Ratio is 1.64, while the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 0.14, the price to book ratio is 0.54 and price to earnings (TTM) ratio is 1.95.
Transactions by insiders
Recent insider trading involved Goodburn Giles Andrew, EVP, Chief Financial Officer, that happened on May 12 ’25 when 13798.0 shares were purchased.
