With gains of 11.7%, Conduent was one of the winners on Wall Street today. Its shares are now trading at $3.44 and have logged a -1.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:
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Conduent has moved -7.0% over the last year, and the S&P 500 logged a change of 16.0%
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CNDT has an average analyst rating of buy and is -25.86% away from its mean target price of $4.64 per share
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Its trailing earnings per share (EPS) is $-1.55
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Conduent has a trailing 12 month Price to Earnings (P/E) ratio of -2.2 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $0.13 and its forward P/E ratio is 26.5
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The company has a Price to Book (P/B) ratio of 0.81 in contrast to the S&P 500's average ratio of 2.95
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Conduent is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12
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The company has a free cash flow of $125.62 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States, Europe, and internationally. It operates through three segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in various industries; and end-user customer experience management, transaction processing services, healthcare and human resource, and learning services. The Government Services segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, program administration, transaction processing, and payment services; medical management and fiscal agent care management services; and government healthcare, payment solutions, child support, and federal services. The Transportation segment offers systems and support comprising mission-critical mobility and payment solutions to government clients. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions; transit solutions; citation and permit administration, parking enforcement, and curbside demand management solutions; and computer-aided dispatch/automatic vehicle location solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.