Here's What You May Have Missed About Conduent(CNDT)

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:

  • Conduent has moved -7.0% over the last year, and the S&P 500 logged a change of 16.0%

  • CNDT has an average analyst rating of buy and is -25.86% away from its mean target price of $4.64 per share

  • Its trailing earnings per share (EPS) is $-1.55

  • Conduent has a trailing 12 month Price to Earnings (P/E) ratio of -2.2 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $0.13 and its forward P/E ratio is 26.5

  • 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

  • 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

  • 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

  • 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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