Conduent (NASDAQ:CNDT) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Conduent (NASDAQ:CNDT) from a sell rating to a hold rating in a research note published on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Conduent in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Conduent Price Performance

CNDT stock opened at $1.59 on Friday. The stock has a 50-day moving average price of $1.76 and a two-hundred day moving average price of $2.21. Conduent has a 1 year low of $1.18 and a 1 year high of $3.94. The stock has a market cap of $243.10 million, a PE ratio of -1.42 and a beta of 1.31. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.97.

Conduent (NASDAQ:CNDT) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The firm had revenue of $770.00 million for the quarter, compared to analyst estimates of $790.50 million. Conduent had a negative return on equity of 7.82% and a negative net margin of 5.59%.During the same period in the prior year, the company earned ($0.15) earnings per share. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. Equities analysts forecast that Conduent will post -0.34 EPS for the current fiscal year.

Insider Buying and Selling at Conduent

In related news, Director Hernandez Margarita Palau acquired 50,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was bought at an average price of $1.45 per share, with a total value of $72,500.00. Following the acquisition, the director owned 50,000 shares in the company, valued at $72,500. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Fucci bought 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of $1.44 per share, with a total value of $86,400.00. Following the completion of the purchase, the director directly owned 166,102 shares of the company’s stock, valued at $239,186.88. This represents a 56.55% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 220,000 shares of company stock worth $317,300 over the last ninety days. 2.98% of the stock is currently owned by corporate insiders.

Institutional Trading of Conduent

A number of large investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its holdings in shares of Conduent by 323.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,757,577 shares of the company’s stock valued at $7,280,000 after purchasing an additional 2,106,956 shares during the period. Prudential Financial Inc. raised its stake in Conduent by 7.1% in the second quarter. Prudential Financial Inc. now owns 2,576,089 shares of the company’s stock valued at $6,801,000 after buying an additional 171,846 shares during the period. Neuberger Berman Group LLC raised its stake in Conduent by 3.0% in the second quarter. Neuberger Berman Group LLC now owns 15,239,805 shares of the company’s stock valued at $40,233,000 after buying an additional 445,372 shares during the period. Oppenheimer Asset Management Inc. acquired a new stake in shares of Conduent in the second quarter valued at approximately $100,000. Finally, XTX Topco Ltd boosted its stake in shares of Conduent by 83.8% during the 2nd quarter. XTX Topco Ltd now owns 316,255 shares of the company’s stock worth $835,000 after acquiring an additional 144,181 shares during the period. Institutional investors and hedge funds own 77.28% of the company’s stock.

Key Stories Impacting Conduent

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: CEO Harshavardhan V. Agadi purchased 110,000 shares at about $1.44 on Feb. 18 — a meaningful insider vote of confidence that signals management expects upside from current levels. CEO Form 4
• Positive Sentiment: Director Michael Fucci bought 60,000 shares at roughly $1.44, increasing his stake significantly — another management insider buy that likely lifted sentiment. Director Form 4
• Positive Sentiment: Director Hernandez Margarita Palau acquired 50,000 shares at about $1.45, further reinforcing the cluster of insider purchases that traders view as bullish. InsiderTrades Article
• Positive Sentiment: Several institutional investors increased or established stakes in recent quarters (Millennium, Miller Value Partners, Moore Capital among others), indicating growing institutional interest that can support the stock. MarketBeat Institutional Note
• Positive Sentiment: Wall Street Zen upgraded CNDT from “sell” to “hold,” a modest analyst improvement that can encourage short-term buyers. Upgrade Article
• Neutral Sentiment: Reported short-interest data for February shows an anomalous zero figure and a 0.0 days-to-cover metric — likely a data glitch and not meaningful for positioning.
• Neutral Sentiment: Analyst coverage is mixed (one Strong Buy, one Sell, Weiss Ratings reiterating Sell) with a MarketBeat consensus of “Moderate Buy,” so professional views remain split. Analyst Summary
• Negative Sentiment: Conduent reported a quarterly EPS miss on Feb. 12 (EPS -$0.09 vs. consensus -$0.06) and revenue short of estimates ($770M vs $790.5M), with negative margins and ROE — fundamentals that continue to pressure valuation and underline execution risk. Earnings Detail

About Conduent

Conduent Incorporated is a global provider of diversified business process services with a focus on delivering digital platforms and automation solutions. The company serves clients across a variety of industries including healthcare, transportation, public sector, financial services and human resources. By combining technology-enabled services with data analytics and artificial intelligence, Conduent helps organizations streamline operations, enhance customer experiences and improve overall efficiency.

Key offerings from Conduent encompass customer engagement and transaction processing, digital payment solutions, eligibility and enrollment services for health and welfare programs, and workforce management tools.