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Conduent Inc Stock Research

CNDT

3.20USD-0.05(-1.54%)Market Closed

Market Summary

USD3.20-0.05
Market Closed
-1.54%

CNDT Alerts

CNDT Stock Price

CNDT RSI Chart

CNDT Valuation

Market Cap

698.7M

Price/Earnings (Trailing)

-3.84

Price/Sales (Trailing)

0.18

EV/EBITDA

0.62

Price/Free Cashflow

13.44

CNDT Price/Sales (Trailing)

CNDT Profitability

EBT Margin

-3.29%

Return on Equity

-19.85%

Return on Assets

-5.1%

Free Cashflow Yield

7.44%

CNDT Fundamentals

CNDT Revenue

Revenue (TTM)

3.9B

Revenue Y/Y

-5.92%

Revenue Q/Q

0.92%

CNDT Earnings

Earnings (TTM)

-182.0M

Earnings Y/Y

-732.5%

Earnings Q/Q

-2.3K%

Price Action

52 Week Range

3.135.89
(Low)(High)

Last 7 days

-4.8%

Last 30 days

-21.9%

Last 90 days

-22.5%

Trailing 12 Months

-34.7%

CNDT Financial Health

Current Ratio

1.76

Debt/Equity

1.13

Debt/Cashflow

0.1

CNDT Investor Care

Shares Dilution (1Y)

1.38%

Diluted EPS (TTM)

-0.89

Peers (Alternatives to Conduent)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
339.3B
22.2B
-0.94% 0.95%
34.17
15.26
17.76% 14.31%
171.4B
62.4B
0.88% -15.46%
24.31
2.75
16.08% 13.77%
30.1B
14.5B
-25.85% -48.21%
-1.8
2.07
4.69% -4109.59%
25.9B
9.0B
-13.61% -26.91%
232.26
2.89
5.30% -88.45%
11.9B
3.6B
-1.04% -35.21%
22.73
3.29
4.49% -19.64%
MID-CAP
7.3B
2.4B
-10.83% -5.34%
43.59
3.1
27.02% 23.58%
5.1B
1.4B
-9.92% 11.51%
35.62
3.61
25.82% 24.58%
4.6B
4.7B
-9.59% 2.96%
23.95
0.96
6.04% -32.08%
4.1B
4.5B
-19.26% -40.61%
4.45
0.91
-11.74% 13.01%
SMALL-CAP
1.0B
1.3B
-2.77% -0.75%
29.72
0.78
2.06% 190.24%
698.7M
3.9B
-21.95% -34.69%
-3.84
0.18
-6.81% -550.00%
611.3M
182.5M
-8.73% 20.64%
17.51
3.35
18.38% 22.02%
539.3M
330.0M
-3.93% -10.67%
-30.16
1.63
30.19% -260.46%

Financials for Conduent

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.6%3,8583,9203,9814,0794,140
  S&GA Expenses-10.9%440494508520544
  R&D Expenses16.7%7.006.006.005.004.00
EBITDA-63.7%187515531573-
EBITDA Margin-63.1%0.05*0.13*0.13*0.14*-
Earnings Before Taxes-169.0%-127184180194-25.00
EBT Margin-170.1%-0.03*0.05*0.05*0.05*-
Interest Expenses10.5%84.0076.0066.0061.0055.00
Net Income-264.0%-182111107119-28.00
Net Income Margin-266.6%-0.05*0.03*0.03*0.03*-
Free Cahsflow-40.9%52.0088.0043.00156-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-8.9%3,5713,9213,9003,9794,036
  Current Assets-1.0%1,6251,6411,5971,6431,680
    Cash Equivalents0.9%582577519588415
  Net PPE-0.4%262263272281-
  Goodwill-25.7%9551,2861,3101,3351,339
Liabilities-2.4%2,5122,5732,5332,5752,762
  Current Liabilities-1.1%9239338959261,025
    LT Debt, Current6.1%35.0033.0030.0030.0030.00
Shareholder's Equity-24.0%9171,2061,2251,2621,132
  Retained Earnings-15.2%-2,543-2,207-2,220-2,217-2,351
  Additional Paid-In Capital0%3,9243,9243,9183,9123,910
Shares Outstanding1.2%218216216216215
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-19.1%144178135256243
  Share Based Compensation-4.5%21.0022.0021.0020.0021.00
Cashflow From Investing1.2%173171169160-142
Cashflow From Financing13.8%-131-152-166-217-132

Risks for CNDT

What is the probability of a big loss on CNDT?

86.9%


Probability that Conduent stock will be more than 20% underwater in next one year

79.6%


Probability that Conduent stock will be more than 30% underwater in next one year.

70.4%


Probability that Conduent stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CNDT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Conduent was unfortunately bought at previous high price.

Drawdowns

Returns for CNDT

Cumulative Returns on CNDT

-30.0%


5-Year Cumulative Returns

18.6%


3-Year Cumulative Returns

What are the long-term rolling returns for CNDT?

FIve years rolling returns for Conduent.

Annualized Returns

Which funds bought or sold CNDT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-90.36
-8,001,350
1,059,650
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-62.5
-
-
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
1,106
1,106
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
46,551
269,551
-%
2023-02-24
SRS Capital Advisors, Inc.
new
-
122
122
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
unchanged
-
263
1,263
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-29,000
-
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
8.00
8.00
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
unchanged
-
166
166
-%
2023-02-15
B. Riley Asset Management, LLC
new
-
1,030,720
1,030,720
0.46%

1–10 of 42

Latest Funds Activity

Are funds buying CNDT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CNDT
No. of Funds

Conduent News

Defense World

Conduent (NASDAQ:CNDT) Reaches New 12-Month Low at $3.18.

Defense World,
20 hours ago

InvestorPlace

Marketscreener.com

StreetInsider.com

Marketscreener.com

InvestorsObserver

The Motley Fool

Schedule 13G FIlings of Conduent

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.72%
18,823,097
SC 13G/A
Jan 30, 2023
blackrock inc.
7.8%
16,917,368
SC 13G/A
Feb 11, 2022
neuberger berman group llc
6.28%
13,361,651
SC 13G
Feb 09, 2022
vanguard group inc
7.63%
16,235,669
SC 13G/A
Feb 03, 2022
blackrock inc.
7.5%
15,866,595
SC 13G/A
Feb 16, 2021
deason darwin
5.8%
12,320,307
SC 13D/A
Feb 10, 2021
vanguard group inc
7.26%
15,194,959
SC 13G/A
Jan 29, 2021
blackrock inc.
5.9%
12,272,689
SC 13G/A
Aug 18, 2020
icahn carl c
-
0
SC 13D/A
Feb 12, 2020
vanguard group inc
7.46%
15,774,277
SC 13G/A

CNDT Fair Value

Conduent fair value in different scenarios

The table shows the Fair Value estimates for Conduent for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

1.30

-59.38%

1.77

-44.69%

2.64

-17.50%

4.28

33.75%

5.83

82.19%
Current Inflation

1.28

-60.00%

1.73

-45.94%

2.55

-20.31%

4.06

26.87%

5.49

71.56%
Very High Inflation

1.26

-60.62%

1.68

-47.50%

2.44

-23.75%

3.79

18.44%

5.07

58.44%

Historical Conduent Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Conduent

View All Filings
Date Filed Form Type Document
Feb 22, 2023
10-K
Annual Report
Feb 14, 2023
8-K
Current Report
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Jan 30, 2023
SC 13G/A
Major Ownership Report
Jan 20, 2023
4/A
Insider Trading
Jan 20, 2023
4/A
Insider Trading
Jan 20, 2023
4/A
Insider Trading
Jan 20, 2023
4/A
Insider Trading
Jan 18, 2023
4
Insider Trading

Latest Insider Trading transactions for CNDT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-15
LYNN JESSE
acquired
190,004
4.65
40,861
-
2023-01-15
GARY HUNTER CLARK
acquired
190,004
4.65
40,861
-
2023-01-15
Palau Hernandez Margarita
acquired
246,004
4.65
52,904
-
2023-01-15
Miller Steven D
acquired
190,004
4.65
40,861
-
2023-01-15
Letier A. Scott
acquired
303,501
4.65
65,269
-
2023-01-15
Montelongo Michael
acquired
190,004
4.65
40,861
-
2023-01-15
HIGGINS VICTOR KATHY J
acquired
190,004
4.65
40,861
-
2022-12-31
Skelton Clifford
sold (taxes)
-774,733
4.05
-191,292
president and ceo
2022-12-31
KRAWITZ MICHAEL E
sold (taxes)
-93,340
4.05
-23,047
evp, gc & secretary
2022-12-31
Keyes Louis Edward
sold (taxes)
-102,611
4.05
-25,336
evp, transportation solutions

1–10 of 50

Clifford A. Skelton
60000
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.

CNDT Income Statement

2022-12-31
Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenues$ 3,858$ 4,140$ 4,163
Operating Costs and Expenses   
Cost of services (excluding depreciation and amortization)3,0183,1383,209
Selling, general and administrative (excluding depreciation and amortization)440544468
Research and development (excluding depreciation and amortization)741
Depreciation and amortization230352459
Restructuring and related costs394567
Interest expense845560
Loss on extinguishment of debt0150
Goodwill impairment35800
(Gain) loss on divestitures and transaction costs, net(158)317
Litigation settlements (recoveries), net(32)320
Other (income) expenses, net(1)61
Total Operating Costs and Expenses3,9854,1654,302
Income (Loss) Before Income Taxes(127)(25)(139)
Income tax expense (benefit)553(21)
Net Income (Loss)$ (182)$ (28)$ (118)
Basic (in dollars per share)$ (0.89)$ (0.18)$ (0.61)
Diluted (in dollars per share)$ (0.89)$ (0.18)$ (0.61)

CNDT Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 582$ 415
Accounts receivable, net630699
Assets held for sale0184
Contract assets171154
Other current assets242228
Total current assets1,6251,680
Land, buildings and equipment, net266281
Operating lease right-of-use assets197231
Intangible assets, net3952
Goodwill9551,339
Other long-term assets489453
Total Assets3,5714,036
Liabilities and Equity  
Current portion of long-term debt3530
Accounts payable228198
Accrued compensation and benefits costs197243
Unearned income8182
Liabilities held for sale029
Other current liabilities382443
Total current liabilities9231,025
Long-term debt1,2771,383
Deferred taxes8375
Operating lease liabilities160184
Other long-term liabilities6995
Total Liabilities2,5122,762
Contingencies (See Note 16)
Series A convertible preferred stock142142
Common stock22
Additional paid-in capital3,9243,910
Retained earnings (deficit)(2,543)(2,351)
Accumulated other comprehensive loss(466)(429)
Total Equity9171,132
Total Liabilities and Equity$ 3,571$ 4,036
Shares of common stock issued and outstanding (in shares)218,348215,381
Shares of Series A convertible preferred stock and outstanding (in shares)120120