Media headlines about Conduent (NYSE:CNDT) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing 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 gave 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 stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
Several analysts recently weighed in on the stock. SunTrust Banks restated a “buy” rating and set a $20.00 price target on shares of Conduent in a research report on Friday, November 10th. Zacks Investment Research downgraded shares of Conduent from a “buy” rating to a “hold” rating in a report on Friday, December 29th. BMO Capital Markets dropped their target price 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. BidaskClub upgraded shares of Conduent from a “strong sell” rating to a “sell” rating in a report on Thursday, November 9th. Finally, Cross Research upgraded shares of Conduent from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. Conduent currently has a consensus rating of “Hold” and an average price target of $19.80.
Shares of Conduent (NYSE CNDT) traded down $0.26 on Monday, reaching $16.00. 1,782,395 shares of the company were exchanged, compared to its average volume of 2,287,479. Conduent has a 52-week low of $14.11 and a 52-week high of $18.15. The stock has a market capitalization of $3,420.74 and a P/E ratio of -3.30. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.74 and a quick ratio of 1.74.
Conduent (NYSE:CNDT) last posted its earnings results on Wednesday, November 8th. The company reported $0.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.01. The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.50 billion. Conduent had a negative net margin of 16.18% and a positive return on equity of 5.45%. The company’s revenue for the quarter was down 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share. equities analysts predict 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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