Conduent Inc (NASDAQ: CNDT) is -14.37% lower on its value in year-to-date trading and has touched a low of $1.90 and a high of $4.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNDT stock was last observed hovering at around $2.77 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $2.8, the stock is 3.97% and 16.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.28 million and changing 1.08% at the moment leaves the stock -16.42% off its SMA200. CNDT registered -30.69% loss for a year compared to 6-month loss of -30.69%. The firm has a 50-day simple moving average (SMA 50) of $2.4026 and a 200-day simple moving average (SMA200) of $3.34995.
The stock witnessed a 14.29% gain in the last 1 month and extending the period to 3 months gives it a 3.32%, and is 4.09% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.78% over the week and 4.72% over the month.
Conduent Inc (CNDT) has around 56000 employees, a market worth around $453.12M and $3.19B in sales. Current P/E ratio is 2.05 and Fwd P/E is 167.97. Profit margin for the company is 8.35%. Distance from 52-week low is 47.37% and -42.86% from its 52-week high. The company has generated returns on investments over the last 12 months (15.64%).
The EPS is expected to grow by 25.49% this year
287.0 institutions hold shares in Conduent Inc (CNDT), with institutional investors hold 83.04% of the company’s shares. The shares outstanding are 161.83M, and float is at 143.84M with Short Float at 1.98%. Institutions hold 75.30% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.83 million shares valued at $51.59 million. The investor’s holdings represent 8.1348 of the CNDT Shares outstanding. As of 2024-06-30, the second largest holder is NEUBERGER BERMAN GROUP LLC with 14.26 million shares valued at $46.49 million to account for 7.3309 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.24 million shares representing 6.8039 and valued at over $43.15 million, while DIMENSIONAL FUND ADVISORS LP holds 4.5752 of the shares totaling 8.9 million with a market value of $29.02 million.
Conduent Inc (CNDT) Insider Activity
The most recent transaction is an insider purchase by Agadi Harshavardhan V, the company’s Director. SEC filings show that Agadi Harshavardhan V bought 100,000 shares of the company’s common stock on Jun 18 ’25 at a price of $2.81 per share for a total of $0.28 million. Following the purchase, the insider now owns 100000.0 shares.
Conduent Inc disclosed in a document filed with the SEC on May 12 ’25 that Goodburn Giles Andrew (EVP, Chief Financial Officer) bought a total of 13,798 shares of the company’s common stock. The trade occurred on May 12 ’25 and was made at $2.32 per share for $32011.0. Following the transaction, the insider now directly holds 0.33 million shares of the CNDT stock.
