Conduent Stock Market Capitalization
| CNDT Stock | USD 3.54 0.14 3.80% |
Conduent fundamentals help investors to digest information that contributes to Conduent's financial success or failures. It also enables traders to predict the movement of Conduent Stock. The fundamental analysis module provides a way to measure Conduent's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Conduent stock.
Conduent |
Conduent Company Market Capitalization Analysis
Conduent's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Conduent Market Capitalization | 759 M |
Most of Conduent's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Conduent is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of Conduent is about 759 M. This is 95.69% lower than that of the IT Services sector and 94.78% lower than that of the Information Technology industry. The market capitalization for all United States stocks is 96.01% higher than that of the company.
Conduent Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Conduent's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Conduent could also be used in its relative valuation, which is a method of valuing Conduent by comparing valuation metrics of similar companies.Conduent is currently under evaluation in market capitalization category among related companies.
Conduent Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | 0.0132 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 1.82 B | ||||
| Shares Outstanding | 204.58 M | ||||
| Shares Owned By Insiders | 6.06 % | ||||
| Shares Owned By Institutions | 79.97 % | ||||
| Number Of Shares Shorted | 1.69 M | ||||
| Price To Earning | 8.61 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 3.72 B | ||||
| Gross Profit | 840 M | ||||
| EBITDA | 369 M | ||||
| Net Income | (296 M) | ||||
| Cash And Equivalents | 519 M | ||||
| Cash Per Share | 2.40 X | ||||
| Total Debt | 1.44 B | ||||
| Debt To Equity | 1.13 % | ||||
| Current Ratio | 1.78 X | ||||
| Book Value Per Share | 3.39 X | ||||
| Cash Flow From Operations | 89 M | ||||
| Short Ratio | 2.13 X | ||||
| Earnings Per Share | (0.91) X | ||||
| Price To Earnings To Growth | 4.44 X | ||||
| Target Price | 6.26 | ||||
| Number Of Employees | 57 K | ||||
| Beta | 1.6 | ||||
| Market Capitalization | 759 M | ||||
| Total Asset | 3.16 B | ||||
| Retained Earnings | (2.85 B) | ||||
| Working Capital | 787 M | ||||
| Current Asset | 2.53 B | ||||
| Current Liabilities | 2.87 B | ||||
| Net Asset | 3.16 B |
About Conduent Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Conduent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conduent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conduent based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Conduent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Conduent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Conduent will appreciate offsetting losses from the drop in the long position's value.Moving together with Conduent Stock
| 0.72 | KD | Kyndryl Holdings | PairCorr |
Moving against Conduent Stock
| 0.7 | CDW | CDW Corp | PairCorr |
| 0.62 | IBM | International Business Financial Report 17th of July 2024 | PairCorr |
| 0.51 | III | Information Services | PairCorr |
| 0.49 | EPAM | EPAM Systems | PairCorr |
| 0.41 | DXC | DXC Technology | PairCorr |
The ability to find closely correlated positions to Conduent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conduent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Conduent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Conduent to buy it.
The correlation of Conduent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Conduent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conduent moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Conduent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Conduent Piotroski F Score and Conduent Altman Z Score analysis. For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.Note that the Conduent information on this page should be used as a complementary analysis to other Conduent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Conduent Stock analysis
When running Conduent's price analysis, check to measure Conduent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is Conduent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conduent. If investors know Conduent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conduent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Conduent is measured differently than its book value, which is the value of Conduent that is recorded on the company's balance sheet. Investors also form their own opinion of Conduent's value that differs from its market value or its book value, called intrinsic value, which is Conduent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Conduent's market value can be influenced by many factors that don't directly affect Conduent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Conduent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Conduent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conduent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.