News articles about Conduent (NYSE:CNDT) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Conduent earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.8214970546714 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Analysts Expect Conduent Inc (CNDT) to Post $0.26 EPS (americanbankingnews.com)
- What Carl Icahn Told Us Explains Why Xerox Might Merge With Fujifilm (thestreet.com)
- Conduent Showcases Future of Customer Experience at NRF 2018: Retail’s Big Show (finance.yahoo.com)
- Conduent Inc. (CNDT) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
CNDT has been the topic of a number of research reports. BidaskClub upgraded shares of Conduent from a “strong sell” rating to a “sell” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Conduent from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Thursday, November 9th. SunTrust Banks reiterated a “buy” rating and issued a $20.00 price target on shares of Conduent in a report on Friday, November 10th. Cross Research upgraded shares of Conduent from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, BMO Capital Markets reduced their price target on shares of Conduent from $18.00 to $17.00 and set a “market perform” rating on the stock in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.60.
Shares of Conduent (NYSE CNDT) opened at $16.91 on Friday. Conduent has a fifty-two week low of $13.10 and a fifty-two week high of $18.15. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.60. The firm has a market cap of $3,515.40 and a PE ratio of -3.49.
Conduent (NYSE:CNDT) last posted its earnings results on Wednesday, November 8th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. Conduent had a negative net margin of 16.18% and a positive return on equity of 5.45%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm posted $0.24 EPS. The business’s quarterly revenue was down 7.3% on a year-over-year basis. research analysts anticipate that Conduent will post 0.81 earnings per share for the current year.
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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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