News articles about Conduent (NYSE:CNDT) have trended somewhat positive on Thursday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Conduent earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.60892036108 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- First Week of August 17th Options Trading For Conduent (CNDT) (nasdaq.com)
- Conduent Inc (CNDT) Expected to Post Quarterly Sales of $1.37 Billion (americanbankingnews.com)
- Zacks: Brokerages Anticipate Conduent Inc (CNDT) Will Post Earnings of $0.24 Per Share (americanbankingnews.com)
- Conduent names Lokesh Prasad as Asia Pacific CEO (business-standard.com)
- Alinda Capital Partners’ Acquisition of Conduent’s Commercial Vehicle Operations Business (globallegalchronicle.com)
A number of research firms have weighed in on CNDT. Zacks Investment Research upgraded shares of Conduent from a “sell” rating to a “hold” rating in a research report on Thursday, June 14th. BMO Capital Markets reiterated a “hold” rating on shares of Conduent in a research report on Wednesday, June 13th. Morgan Stanley upped their price target on shares of Conduent from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 12th. Susquehanna Bancshares began coverage on shares of Conduent in a research report on Wednesday, March 7th. They set a “positive” rating and a $23.00 target price for the company. Finally, Needham & Company LLC upgraded shares of Conduent from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Tuesday, March 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $21.71.
Conduent (NYSE:CNDT) last issued its earnings results on Wednesday, May 9th. The company reported $0.22 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.22. Conduent had a net margin of 2.33% and a return on equity of 5.79%. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the business earned $0.16 earnings per share. Conduent’s revenue for the quarter was down 8.6% on a year-over-year basis. research analysts anticipate that Conduent will post 1.02 earnings per share for the current year.
Conduent Company Profile
Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States and internationally. It operates in two segments, Commercial Industries and Public Sector. The Commercial Industries segment offers business process services and customized solutions to clients in various industries.
Receive News & Ratings for Conduent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conduent and related companies with MarketBeat.com's FREE daily email newsletter.