Conduent Inc [NASDAQ: CNDT] jumped around 0.03 points on Thursday, while shares priced at $2.8 at the close of the session, up 1.08%.
Conduent Inc stock is now -14.37% down from its year-to-date (YTD) trading value. CNDT Stock saw the intraday high of $2.81 and lowest of $2.74 per share. The company’s 52-week high price is 4.90, which means current price is +47.37% above from all time high which was touched on 02/07/25.
Compared to the average trading volume of 1.51M shares, CNDT reached a trading volume of 283362 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Conduent Inc [CNDT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNDT shares is $6.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNDT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Noble Capital Markets have made an estimate for Conduent Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 14, 2024. The new note on the price target was released on November 09, 2021, representing the official price target for Conduent Inc stock. On February 21, 2020, analysts decreased their price target for CNDT shares from 9 to 5.50.
The Price to Book ratio for the last quarter was 0.57, with the Price to Cash per share for the same quarter was set at 1.81.
How has CNDT stock performed recently?
Conduent Inc [CNDT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.09. With this latest performance, CNDT shares gained by 14.29% in over the last four-week period, additionally sinking by -30.69% over the last 6 months – not to mention a drop of -30.69% in the past year of trading.
Conduent Inc [CNDT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Conduent Inc [CNDT] shares currently have an operating margin of -2.54% and a Gross Margin at 12.02%. Conduent Inc’s Net Margin is presently recorded at 8.35%.
Return on Equity for this stock inclined to 9.87%, with Return on Assets sitting at 9.87%.
Insider trade positions for Conduent Inc [CNDT]
There are presently around $75.30%, or 83.04% of CNDT stock, in the hands of institutional investors. The top three institutional holders of CNDT stocks are: VANGUARD GROUP INC with ownership of 15.83 million shares, which is approximately 8.1348%. NEUBERGER BERMAN GROUP LLC, holding 14.26 million shares of the stock with an approximate value of $$46.49 million in CNDT stocks shares; and NEUBERGER BERMAN GROUP LLC, currently with $$43.15 million in CNDT stock with ownership which is approximately 6.8039%.
