Sidoti Csr Analysts Reduce Earnings Estimates for Conduent

Conduent Incorporated (NASDAQ:CNDTFree Report) – Analysts at Sidoti Csr cut their Q1 2025 earnings estimates for Conduent in a research report issued to clients and investors on Thursday, February 13th. Sidoti Csr analyst M. Riddick now expects that the company will earn ($0.19) per share for the quarter, down from their previous estimate of ($0.08). The consensus estimate for Conduent’s current full-year earnings is ($0.45) per share. Sidoti Csr also issued estimates for Conduent’s Q2 2025 earnings at ($0.14) EPS, Q3 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.34) EPS, Q1 2026 earnings at ($0.12) EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at $0.01 EPS and FY2026 earnings at ($0.04) EPS.

Conduent (NASDAQ:CNDTGet Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.04). Conduent had a net margin of 12.65% and a negative return on equity of 7.94%.

Conduent Stock Down 0.7 %

Shares of Conduent stock opened at $4.20 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.75 and a current ratio of 1.75. Conduent has a 52-week low of $2.96 and a 52-week high of $4.90. The stock has a market capitalization of $671.54 million, a price-to-earnings ratio of 1.85 and a beta of 1.41. The company’s 50 day moving average price is $4.10 and its 200-day moving average price is $3.88.

Hedge Funds Weigh In On Conduent

Several large investors have recently modified their holdings of the stock. Creative Planning grew its stake in shares of Conduent by 74.2% during the 3rd quarter. Creative Planning now owns 60,843 shares of the company’s stock valued at $245,000 after purchasing an additional 25,912 shares during the period. Assenagon Asset Management S.A. boosted its stake in Conduent by 9.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 684,246 shares of the company’s stock worth $2,758,000 after purchasing an additional 57,183 shares during the period. US Bancorp DE boosted its stake in Conduent by 1,484.1% in the 3rd quarter. US Bancorp DE now owns 30,352 shares of the company’s stock worth $122,000 after purchasing an additional 28,436 shares during the period. Empowered Funds LLC raised its holdings in shares of Conduent by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 797,654 shares of the company’s stock worth $3,215,000 after acquiring an additional 40,602 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new stake in shares of Conduent during the 3rd quarter worth approximately $146,000. Hedge funds and other institutional investors own 77.28% of the company’s stock.

Conduent Company Profile

(Get Free Report)

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation. The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions.

Further Reading

Earnings History and Estimates for Conduent (NASDAQ:CNDT)

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