Press coverage about Conduent (NYSE:CNDT) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Conduent earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.4721600022644 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- VR Group Selects Conduent Fare Collection System for Finland’s Railway Network (finance.yahoo.com)
- Active Stock Evaluation – Conduent Incorporated (NYSE: CNDT) – Alpha Beta Stock (alphabetastock.com)
- Loan Processing Made Easy: Conduent Introduces Simplified Consumer Finance Platform (finance.yahoo.com)
- Investor’s Alert on Worth Watching Stocks: Oasis Petroleum Inc., (NYSE: OAS), Conduent Incorporated, (NYSE: CNDT); – TNN (tradingnewsnow.com)
Several equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Conduent from a “buy” rating to a “hold” rating in a research note on Friday, December 29th. Susquehanna Bancshares began coverage on shares of Conduent in a research note on Wednesday, March 7th. They issued a “positive” rating and a $23.00 price target for the company. Needham & Company LLC raised shares of Conduent from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Tuesday, March 6th. BMO Capital Markets reissued a “market perform” rating and issued a $19.00 price target (up from $17.00) on shares of Conduent in a research note on Thursday, February 22nd. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $20.00 price target (up from $17.50) on shares of Conduent in a research note on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $21.50.
Conduent (NYSE:CNDT) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.05. Conduent had a net margin of 3.01% and a return on equity of 5.53%. The firm had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. sell-side analysts forecast that Conduent will post 1.09 EPS for the current year.
ILLEGAL ACTIVITY WARNING: This article was first published by BBNS and is the sole property of of BBNS. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://baseballnewssource.com/2018/03/14/conduent-cndt-earns-daily-media-impact-score-of-0-13/1927618.html.
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).
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.