Conduent Incorporated Stock Fair Value Calculation – Insiders Show Confidence in Conduent with Stock Purchases
November 5, 2023
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Conduent Incorporated ($NASDAQ:CNDT) is a business process services company providing solutions to organizations around the world. Through its subsidiaries, it offers digital process automation, analytics, and other related services for its customers. Recently, insiders of Conduent have shown confidence in the company by purchasing multiple shares of the stock. This continued purchasing of stock by insiders represents their confidence in the future of the company.
This increase in stock price may be attributed to the company’s focus on digital transformation and automation solutions which are needed in the current environment. The continuous buying of Conduent stock by insiders and the increase in its stock price shows that the company is moving in the right direction and is sure to have a successful future.
Market Price
Insiders at CONDUENT INCORPORATED recently showed confidence in the company with stock purchases. On Tuesday, CONDUENT INCORPORATED stock opened at $3.2 and closed at $3.2, down by 0.3% from previous closing price of 3.2. The stock purchase by key insiders in the company was seen as a sign of their strong faith in the future prospects of CONDUENT INCORPORATED. This could be an indication of the company’s long-term success and investors should pay attention to the stock’s performance in the coming days. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Conduent Incorporated. More…
| Total Revenues | Net Income | Net Margin |
| 3.75k | -645 | 0.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Conduent Incorporated. More…
| Operations | Investing | Financing |
| 18 | -107 | -47 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Conduent Incorporated. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.15k | 2.53k | 2.88 |
Key Ratios Snapshot
Some of the financial key ratios for Conduent Incorporated are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.7% | 76.8% | -15.6% |
| FCF Margin | ROE | ROA |
| -2.4% | -47.4% | -11.6% |
Analysis – Conduent Incorporated Stock Fair Value Calculation
At GoodWhale, we have conducted an analysis of CONDUENT INCORPORATED‘s wellbeing and have concluded that the fair value of their share is around $2.8. This was calculated by our proprietary Valuation Line. Currently, CONDUENT INCORPORATED stock is being traded at $3.2, and we consider this price to be fairly overvalued by 13.5%. It is important to note that these calculations are based on our own analysis and should be used as a guideline rather than taken as a definitive indication of the exact price of the share. More…
Peers
Conduent Inc., a leading provider of business process services, competes with Beijing Jingyeda Technology Co Ltd, Ronglian Group Ltd, and Minds + Machines Group Ltd. in the market for business process services. Conduent Inc. has a strong market position and a well-established brand. Its competitors are smaller and less well-known.
– Beijing Jingyeda Technology Co Ltd ($SZSE:003005)
Beijing Jingyeda Technology Co Ltd is a technology company that focuses on providing information technology services. Its market cap as of 2022 was 7.65B, and its ROE was 2.33%. The company has been growing steadily over the past few years, and its products and services are in high demand. Jingyeda Technology is a publicly traded company on the Shenzhen Stock Exchange.
– Ronglian Group Ltd ($SZSE:002642)
Ronglian Group Ltd is a Chinese conglomerate with a market cap of 6.12 billion as of 2022. The company has a return on equity of 2.83%. Ronglian Group Ltd is engaged in a wide range of businesses, including real estate, healthcare, education, and retail. The company has a strong presence in China and is expanding its operations internationally.
– Minds + Machines Group Ltd ($OTCPK:TLVLF)
Minds + Machines Group Ltd is a top-level domain name registry. The company has a market capitalization of 10.63M as of 2022 and a return on equity of 3.18%. The company offers a variety of services including domain name registration, hosting, and email.
Summary
Conduent Incorporated is an international business process services company based in the United States. Recently, multiple insiders have purchased stock in Conduent, indicating a positive outlook in the company’s future. Analysts suggest that this rise is due to a combination of factors, such as the company’s cost-cutting initiatives, increasing demand for its services, and the increased integration of digital technologies.
Investors are advised to assess the company’s financial information and risk profile before making any investments. Furthermore, it is important to remain aware of any potential risks associated with investing in Conduent and to research the company’s competitive position in its industry.
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