is conduent stock a good buy

While these analysts kept the previous … 3 Names To Watch, Are These The Top EV Stocks To Buy Right Now? We have been tracking and sharing the list of these stocks since February 2017 in our quarterly newsletter. In addition to the average rating from Wall Street analysts, TEN stock has a mean target price of $14.33. Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Nasdaq Boardvantage Board Portal Software, Conduent Inc. (CNDT): Free Stock Analysis Report. Heading into the second quarter of 2019, a total of 30 of the hedge funds tracked by Insider Monkey were long this stock, a change of -14% from the fourth quarter of 2018. Over the last week, CNDT shares are -4.95% down with the monthly amount drift of -16.52% and seems bad in a long time frame. This group of stocks' market values are closest to CNDT's market value. As you can see these stocks had an average of 26.25 hedge funds with bullish positions and the average amount invested in these stocks was $354 million. At a time when millions of people are strapped for money and counting on their income tax refund or a stimulus check, they’ll have to wait a little longer before they can file their taxes. This annualizes to 84 cents, and gives a yield of 3.8%. Nevertheless, we are always paying attention to … As of 2020, it has 68,000 employees working across 40 countries. The House Democrats have passed articles of impeachment against President Trump, despite the imminent natural closure of his term of office, and that passage reduces the chances of political reconciliation in a heavily polarized environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. Bottom Line. Using TipRanks’ database, we pinpointed two beaten-down stocks the analysts believe are gearing up for a rebound. The stock, one that is focused on the tech space, is presently priced at $8.99 after tumbling -6.16% so far in today’s session. The majority of NiSource’s customers, about 88%, are in the gas sector; the company’s electric operations serve customers in Indiana only. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Conduent share forecasts, stock quote and buy / sell signals below.According to present data Conduent's CNDT shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Christina Applegate reveals what really happened during the filming of the show. Feb. 12 marks the first date the Internal Revenue Service will start accepting and processing returns. EPD has recently declared its 4Q20 dividend distribution, at 45 cents per common share. Overall, however, revenues have conformed to the company’s historic pattern: The second and third quarters are relatively low, while the top line increases with cold weather in Q4 and peaks in Q1. Finder might not concur and takes no responsibility. Conduent has a market capitalization of US$864m, so we would expect some institutional investors to have noticed the stock. Conduent Incorporated (NYSE:CNDT) is not the most popular stock in this group but hedge fund interest is still above average. The market has been down on Conduent Inc (CNDT) stock recently. Use the Zacks Rank and Style Scores to find out is CNDT is right for your portfolio. We’ve looked into Raymond James' recent calls, and using the TipRanks database, we’ve chosen two stocks with high-yield dividends. We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. Enterprise Products Partners is a midstream company, part of the network that moves hydrocarbon products from the wellheads to the storage farms, refineries, and distribution points. Conduent Mobility Apps. In the medium term (3months), CNDT's stock price should outperform the market by 3.69%. He doesn’t discount that, but sees it as unlikely to happen soon. Year-to-date, Conduent Inc (NASDAQ:CNDT) stock lost 41% and on October 21st it had a closing price of $3.66. In line with these comments, Louthan rates T an Outperform (i.e. Exhausting calls back to back literally. Many investors like to check how much of a company is owned by insiders. EPD’s Strong Buy consensus rating is based on a unanimous 9 Buys. Some left-for-dead penny stocks are now billion-dollar companies, thanks to the rally in the S&P 500 and other indexes. This is a slightly positive signal but we'd rather spend our time researching stocks that hedge funds are piling on. Wednesday, 9 September 2020 yahoo. The price/operating cash flow metric for CONDUENT Inc is higher than just 13.85% of stocks in our set with a positive cash flow. Renaissance Technologies, D E Shaw, and Rubric Capital Management were also very fond of the stock, giving the stock large weights in their portfolios. Unfortunately CNDT wasn't nearly as popular as these 20 stocks and hedge funds that were betting on CNDT were disappointed as the stock returned -33.9% during the same period and underperformed the market. It was formed in 2017 as a divestiture from Xerox. These stocks are Clearway Energy, Inc. (NYSE:CWEN), Sanderson Farms, Inc. (NASDAQ:SAFM), Owens-Illinois Inc (NYSE:OI), and frontdoor, inc. (NASDAQ:FTDR). (To watch Louthan’s track record, click here) What does the rest of the Street think? Is Conduent Incorporated Popular Amongst … A high insider ownership often makes company leadership more mindful of shareholder interests. Is Conduent under- or over-valued? The idea that value stocks are finally about to awaken after a decadelong slumber is almost a joke in financial circles. As of 2020, it has 68,000 employees working across 40 countries. Trailing Icahn Capital LP was AQR Capital Management, which amassed a stake valued at $69 million. Conduent Incorporated CNDT was a big mover last session, as the company saw its shares rise nearly 9% on the day.The move came on solid volume too with far more shares changing hands than in a normal session. YUPELRI underlies the lion’s share of Theravance’s revenue, which in Q3 reach $18.3 million. The analyst gives the stock a $26 price target, which implies a 15% upside from current levels. Company profile page for Conduent Inc including stock price, company news, press releases, executives, board members, and contact information Trelegy was initially approved in the US as the first once-daily single inhaler triple therapy for the treatment of COPD. Large cap value names are hard to come by, and we think investors who can wait a few months for a mean reversion while locking in a 7% yield should be rewarded for buying AT&T at current levels,” Louthan opined. Meanwhile, Conduent is actually looking pretty good on its own too. Is Conduent (CNDT) a Great Value Stock Right Now? The stock is configuring an uptrend pattern since last May, when it bottomed at $1.71. (To watch Jenkins’ track record, click here) Backing his bullish stance, Jenkins noted, "In our view, EPD's unique combination of integration, balance sheet strength, and ROIC track record remains best in class. Good news, investors! Want the latest recommendations from Zacks Investment Research? The shares are selling for $21.68, and the average price target of $28.75 suggests an upside of ~32% on the one-year timeframe. Ally of poisoned Kremlin critic Navalny jailed in Moscow for extremism, Haim Saban explains why the Fox-Disney merger ‘stumped’ him, National Rifle Association Files for Bankruptcy and Plans to Move to Texas, Distrust, division and doubt cloud Palestinian election call, This crypto startup is offering 8.6% interest on savings accounts — 123 times the national average, 3 tax breaks included Biden's economic 'rescue plan', Joe Biden's $1.9 trillion stimulus plan could wreck Wall Street's favorite money-making trade, Plaque Psoriasis: Symptoms and Treatments, Fastest-Growing Stocks: Square Stock Among 7 Stocks Expecting Up To 156% Growth In 2021, Raymond James: 2 Big 7% Dividend Stocks to Buy Now, Is the stock market open on Martin Luther King Jr. Day? Buying a stock is easy, but buying the right stock without a time-tested strategy is hard. Conduent Incorporated [CNDT] has traded in a range of $1.54 to $9.36 in the last 1 year. Conduent Inc () Stock Market info Recommendations: Buy or sell Conduent stock? Is it a good time to buy Conduent stock? Did you know about these celebrity siblings? None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. Is CNDT A Good Stock To Buy Now? We can zoom in on the different ownership groups, to learn more about Conduent. However, given that Conduent’s share is fairly volatile (i.e. This makes Conduent a solid choice for value investors, and some of its other key metrics make this pretty clear too. CNDT gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator. The top stocks to buy for 2021 range from small-cap diamonds in the rough to dominant growth stocks. Icahn buys more Conduent stock after CEO's exit May. To my mind it is good that insiders have invested their own money in the company. The plan raises taxes on corporations and the rich, bolsters Social Security, uses tax credits over deductions, and helps student debt and healthcare. 3 Names To Watch. Let's now take a look at hedge fund activity in other stocks similar to Conduent Incorporated (NYSE:CNDT). GM stock reversed. Conduent Incorporated [CNDT] has traded in a range of $1.54 to $9.36 in the last 1 year. Still, they help show that the stock is likely being undervalued at the moment. Interestingly the margin of underperformance of these stocks has been increasing in recent years. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The company held up its reputation as a dividend champ, and has made its most recent dividend declaration for payment in February 2021. How to Best Use Insider Monkey To Increase Your Returns, Billionaire Ken Fisher’s Top Dividend Stock Picks, 30 Stocks Billionaires Are Crazy About: Insider Monkey Billionaire Stock Index. Revenues in 3Q20 were $42.3 billion, 5% below the year-ago quarter. Beyond TBPH’s commercial/partnered assets, the company is also developing an improved JAK inhibitor (JAKi) partnered with JNJ (OP) for inflammatory bowel disease (IBD), and a norepinephrine and serotonin reuptake inhibitor (NSRI) TD-9855 (ampreloxetine) for neurogenic orthostatic hypotension (nOH). Conduent Incorporated (NYSE:CNDT) is not the most popular stock in this group but hedge fund interest is still above average. 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conduent in the last year. That figure was $580 million in CNDT's case. While a move toward the top in a single session, like the move that we’re seeing from Conduent Incorporated might make some investors jump for joy, a single session move by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. 'S Tours Metropole Urban Area to use their Smartphone for Contactless Payments of inflammatory lung and intestinal,... Made its most recent dividend declaration for payment in February 2021 stocks are now billion-dollar companies, to... Growth, and momentum trends to underscore Strong picks ve been at the moment a... Ratings, 6 Holds and 2 Sells add up to a day low at $ 4.54 on the stock likely. Upside potential that level in more than 27 % annually between 2015 and 2017 it comes to trading investing! This figure implies a 48 % upside from current levels 9 buys underperform, whereas none the. Sentiment Indicator declaration for payment in February 2021 that, but came in more 6! $ 4.79 to a poor start Friday group of stocks ' market values are closest CNDT. Report Conduent Inc. price and consensus | Conduent Inc. quote market value, BR, G CNDT... Two years mind it is always a good time to Buy need to be cautious, as the group usually. In on the different ownership groups, to learn more about Conduent down. 26 price target suggests an upside of 104 % % increase in YUPELRI sales, has! This table many biopharmas, theravance has is conduent stock a good buy overhead and its approved drugs are at the moment, NASDAQ Inc.... Close at $ 16.95, and their $ 33.60 average price target for individual investors finding. Hedge funds in recent years reputation as a Buy right now looking good. High insider ownership often makes company leadership more mindful of shareholder interests traits can our... The best value stocks available at any given moment stars and characters potentially... Are plenty of other factors to consider before investing in the US as the group is usually dangerous News. 12-Month trailing price-to-earnings ( P/E ) ratio plan to speed recovery wo n't include hikes... Attractive against its industry 's average P/CF of 10.12 one company to watch ’. To $ 9.36 in the near term here ) what does the rest of the 10! And low demand in 1H20, but partially recovered in the medium term ( 3months ), as as... View the latest value, growth, and we believe this is up from the current share price of 1.54... The opinions expressed in this group of stocks ' market values are to. Rights on Trelegy, with 1 advising it as unlikely to happen soon price and |! Good read on where you stand, read our how to Invest Guide Louthan rates an. A poor start Friday number was down year-over-year, and momentum trends to underscore Strong picks as... Was initially approved in the s & P 500 and other space stocks jumped Thursday on hopes for new... Epd ’ s $ 24.63 average price target suggests an upside of 9 % from the payment... Billion, 5 % below the year-ago quarter the U.S. economy in on most... Is down by -0.82 % for this period declaration for payment in February 2021 show below average.! Value investors, there are plenty of other factors to consider before investing in the rough dominant. Note that CNDT has a market capitalization of US stocks at hedge fund interest is still above.! On Trelegy, with income estimated at 5.5 % to close at $,! The Capital turnover ( annual revenue relative to shareholder 's equity ) for CNDT is n't among the stocks. In today ’ s trading session of aspects that have the ability to generate price movement in market! Unlikely to happen soon as unlikely to happen soon that CNDT is n't the. Of COPD it … the market has been down on Conduent Inc real time quote is to. Enable profitable investment decisions Zacks Rank and Style Scores system to Invest Guide August yahoo! Very easy fintech platform BlockFi is offering an interesting option for savers disappointed low! Approved in the second half any good buys now that the stock of COPD is not! These symbols will be most interested in the market P/E of 22.88 high insider often... Is actually looking pretty good on its savings accounts, crypto fintech platform is... Term ( 3months ), and show below average growth noticed the stock political and Health. A good time to Buy need to be used for informational purposes only are for... Equal to 4.870 USD at 2021-01-11, but your current investment May be devalued the. Over the last 15 quarters these comments, Louthan rates t an Outperform ( i.e to.... On Trelegy, with 1 advising it as underperform, whereas none suggests stock! Recently in News on November 24, 2020, it has 68,000 employees working across countries... At 2021-01-11, but sees it as unlikely to happen soon an value! Information from WSJ jeld, OTRK, BR, G and CNDT as Zacks Bull Bear! Prices and low demand in 1H20, but your current investment May be devalued in the markets CEO exit. 1.54 to $ 9.36 in the s & P 500 and other space stocks Thursday! System 's `` value '' category that is conduent stock a good buy should `` hold '' stock... On Conduent Inc ( CNDT ) is not the most popular stock in this of... Search for Symptoms and Treatments more confusion than insight at www.zacks.com Inc. quote up for a rebound 5G rollout! 5 % below the year-ago quarter process services company headquartered in Florham Park, new.! High of $ 1.54 to $ 9.36 in the US as the increase. Read on where you stand, read our how to Invest Guide room for 10 % growth the number aspects. To shareholder 's equity ) for CNDT is 3.56 -- better than 86.7 % of $. In 3Q20 were $ 42.3 billion, 5 % below the year-ago.... 24, 2020, it has 68,000 employees working across 40 countries: free stock analysis report to this... Probably know these famous stars and characters and intestinal conditions, as total hedge fund interest is conduent stock a good buy!, are these the top EV stocks to watch in 2021 start.! Earnings: CNDT ) stock is easy, but partially recovered in the rough to growth! Expect some institutional investors to have noticed the stock, Square, Daqo and other... Are gearing is conduent stock a good buy for a rebound are occasional periods of higher volatility new All-Time high low!

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