Marijuana stocks surged as a Democratic Senate adds to cannabis legalization momentum. In addition, the $31.54 average price target indicates ~9% upside potential. frontdoor, inc. (NASDAQ:FTDR) is the most popular stock in this table. Workout equipment manufacturer Nautilus is far and away the smallest company among the best stocks to buy for 2021, with a market cap of around $530 million. At $1.80 annualized, the payment yields 7.9%. These expenditures will fund ‘green’ energy projects. Use the Zacks Rank and Style Scores to find out is CNDT is right for your portfolio. Conduent stock brief. This keeps the net earnings and revenues down, at least for the near-term, and leads to a discount share price – TBPH has slipped 32% over the past 52 weeks. Is Conduent Incorporated Popular Amongst … Conduent Inc. is an American business process services company headquartered in Florham Park, New Jersey. NiSource provides power and gas to over 4 million customers in Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. In line with these comments, Louthan rates T an Outperform (i.e. You can move the assets in the Roth IRA out of the Roth IRA and then put those assets into the trust but trusts can only own Roth IRAs as Inherited Roth IRAs. “Theravance’s respiratory medicines are its key near-term valuation drivers… We still forecast ~$2.4B in WW Triple sales at peak (2027E). Nevertheless, we were still able to identify in advance a select group of hedge fund holdings that outperformed the market by 40 percentage points since May 2014 through May 30, 2019 (see the details here). Is CNDT A Good Stock To Buy Now? As with many things, timing is everything when it comes to trading and investing in the markets. © 2021, Nasdaq, Inc. All Rights Reserved. The consensus among Wall Street research analysts is that investors should "hold" Conduent stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. CNDT stock forecast Our latest prediction for Conduent, Inc.'s stock price was made on the Aug. 12, 2019 when the stock price was at 6.71$.. This indicates a potential opportunity to buy low. Tenneco Inc stock is down -58.69% over the last 12 months, and the average rating from Wall Street analysts is a Buy.InvestorsObserver’s proprietary scoring system, gives TEN stock a score of 26 out of a possible 100.. That score is mainly influenced by a fundamental score of 4. Top 100 – Best Indian Stocks for Long Term Investment 2021. Some left-for-dead penny stocks are now billion-dollar companies, thanks to the rally in the S&P 500 and other indexes. Individuals in need get their benefits quickly and accurately with EBT cards powered by EPPIC. Buy), and his $32 price target implies room for 10% growth from current levels. Recently in News on November 24, 2020, Conduent to Deliver Highly Modernized Core Claims Administration Services to Vaya Health. Christina Applegate reveals what really happened during the filming of the show. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. Conduent has a market capitalization of US$864m, so we would expect some institutional investors to have noticed the stock. That’s what the pros on Wall Street are here for. Taking a look at our data on the ownership groups (below), it’s seems that institutions own shares in the company. A high insider ownership often makes company leadership more mindful of shareholder interests. The majority of NiSource’s customers, about 88%, are in the gas sector; the company’s electric operations serve customers in Indiana only. At 8.6% interest on its savings accounts, crypto fintech platform BlockFi is offering an interesting option for savers disappointed with low rates. Its acquisition of TimeWarner (now WarnerMedia), in a process running between 2016 and 2018, has given the company a large stake in the mobile content streaming business. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term. Skip to main content . This annualizes to 84 cents, and gives a yield of 3.8%. On the other hand Sanderson Farms, Inc. (NASDAQ:SAFM) is the least popular one with only 21 bullish hedge fund positions. Conduent Incorporated (NASDAQ:CNDT) price on Thursday, Dec 24, dropped -3.19% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.85. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting signed into law in the near term. It’s current pipeline includes drug candidates for the treatment of inflammatory lung and intestinal conditions, as well as neurogenicorthostatic hypotension. In the medium term (3months), CNDT's stock price should outperform the market by 3.69%. So before you buy or sell Conduent Incorporated (NASDAQ:CNDT), ... months Conduent insiders were buying shares, but not selling. Like many biopharmas, Theravance has high overhead and its approved drugs are at the start of their profitable lives. Over the last 12 months, CNDT's Forward P/E has been as high as 16.45 and as low as 2.91, with a median of 7.33. Get the hottest stocks to trade every day before the market opens 100% free. These are just a handful of the figures considered in Conduent's great Value grade. Conduent shares have a market-typical stock price level. “…product/service inflation is only really a possibility AFTER re-openings, so the market feels a bit bullet proof in the very near term, and thus the continued rally, with Dems winning the GA races just adding fuel to the stimulus fire,” McCourt noted. AT&T has kept its dividend strong for the past 12 years. Conduent Inc CNDT Vitals. However, you should keep in mind that they bought when the share price was meaningfully below today's levels. These stocks are Clearway Energy, Inc. (NYSE:CWEN), Sanderson Farms, Inc. (NASDAQ:SAFM), Owens-Illinois Inc (NYSE:OI), and frontdoor, inc. (NASDAQ:FTDR). Theravance owns royalty rights on Trelegy, with income estimated at 5.5% to 8.5% of total sales. Should I buy Conduent Inc. (CNDT)? The company saw revenues in the third quarter come in at $902 million, down from $962 in the prior quarter and $931 in the year-ago quarter. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. The stock, focused in the technology sector, is presently trading at $9.60 after climbing 5.96% so far today. Tax season started Jan. 27 last year. Use the Zacks Rank and Style Scores to find out is CNDT is right for your portfolio. Conduent Earnings: CNDT Stock Skyrockets 83% on Q2 Results. But these 7 names look attractive. Renaissance Technologies, D E Shaw, and Rubric Capital Management were also very fond of the stock, giving the stock large weights in their portfolios. The subscriber growth was driven by the new 5G network rollout – and by premium content services. Is Conduent under- or over-valued? Let's now take a look at hedge fund activity in other stocks similar to Conduent Incorporated (NYSE:CNDT). Disclaimer: The opinions expressed in this article are solely those of the featured analysts. 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). 12/15 22:43. Yes! One analyst, however, thinks this lower stock price gives investors an attractive entry point today. Another risk McCourt sees, beyond those two, would be a sharp rise in inflation. Conduent is still a bargain right now. … Conduent Inc. (CNDT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2019. (To watch Porges’ track record, click here) Overall, there are 5 reviews on file, and all are to Buy, making the Strong Buy consensus unanimous. Theravance already has YUPELRI on the market as a COPD treatment. Good news, investors! The content is intended to be used for informational purposes only. (See AT&T stock analysis on TipRanks) To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Theravance Biopharma (TBPH) We will start with Theravance, a biopharmaceutical company that focuses on developing organ-specific medications. Finally, investors should note that CNDT has a P/CF ratio of 2.69. We see EPD as arguably best positioned to withstand the volatile landscape… With EPD's footprint, demand gains, project growth, and contracted ramps should more than offset supply headwinds and lower y/y marketing results…" It’s not often that the analysts all agree on a stock, so when it does happen, take note. Hedge funds' reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn't keep up with the unhedged returns of the market indices. There are currently 2 hold ratings and 1 buy rating for the stock. - Try Now Risk-Free - Money-back guarantee! Overall, Wall Street sees a clear path forward for NiSource – a fact clear from the unanimous Strong Buy consensus rating, based on 3 recent Buy-side reviews. A wealth of resources for individual investors is available at www.zacks.com. This is typical of utility companies in North America. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Conduent Inc real time quote is equal to 4.870 USD at 2021-01-11, but your current investment may be devalued in the future. But management is horrible once you are out of training. The company was hurt by low prices and low demand in 1H20, but partially recovered in the second half. Whether markets move up or down, every investor loves a bargain. To this end, Porges rates TBPH an Outperform (i.e. Add this to the strength of its earnings outlook, and we can clearly see that CNDT is an impressive value stock right now. The plan raises taxes on corporations and the rich, bolsters Social Security, uses tax credits over deductions, and helps student debt and healthcare. Buy or Hold candidate since 2020-11-05 Gain 17.96% PDF The Conduent Inc stock price gained 0.31% on the last trading day (Tuesday, 12th Jan 2021), rising from $4.85 to $4.86. Today, you can download 7 Best Stocks for the Next 30 Days. None have rated the stock as Underweight. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Conduent Incorporated [CNDT] has traded in a range of $1.54 to $9.36 in the last 1 year. Our calculations showed that top 20 most popular stocks among hedge funds returned 1.9% in Q2 through May 30th and outperformed the S&P 500 ETF (SPY) by more than 3 percentage points. This group of stocks' market values are closest to CNDT's market value. The Dow Jones slid lower amid fears Joe Biden's massive stimulus plan could lead to higher interest rates or tax hikes. EPD’s Strong Buy consensus rating is based on a unanimous 9 Buys. "NiSource could also become a buyout target, as larger utilitiesand private equity firms have purchased smaller utilities because oftheir stable earnings growth and above-average dividend yields." If you are looking for stocks with good return, Conduent Inc stock can be a bad, high-risk 1-year investment option. The market has been down on Conduent Inc (CNDT) stock recently. On August 09, 2019, JP Morgan Upgrade an Overweight rating. 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. Will the real retirement crisis please stand up. As of 2020, it has 68,000 employees working across 40 countries. While they are good value, they are riskily financed, and show below average growth. The most recent analyst activity for Conduent Incorporated [NASDAQ:CNDT] stock was on February 21, 2020, when it was Reiterated with a Buy rating from Needham, which also lowered its 12-month price target on the stock from $9 to $5.50. The Louisiana State Employees’ Retirement System initiated a large position in electric-vehicle giant Tesla, and added to stakes in Apple, Microsoft, and General Electric in the fourth quarter. Conduent insiders own about US$42m worth of shares. Investing isn’t unpredictable, however that is a long way from saying that it is simple. JP Morgan have made an estimate for Conduent Incorporated shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 14, 2020. Contact U.S. News Best Stocks. Argus analyst Gary Hovis rates NI a Buy along with a $32 price target. Current Price: 4.870 USD . Actually their moves are potentially one of the factors that contributed to this volatility. Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. History. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. These are the gold stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. CNDT's P/CF has been as high as 2.96 and as low as 0.67, with a median of 1.77, all within the past year. The content is intended to be used for informational purposes only. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. NI is currently trading at $21.67, a striking distance from its 52-week low. Conduent Mobility Apps. Is Tesla (TSLA) Stock A Buy Right Now At Its New All-Time High? Of course, value investors will be most interested in the system's "Value" category. (See NI stock analysis on TipRanks) To find good ideas for beaten-down stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. That figure was $580 million in CNDT's case. As of this writing, the stock is at $1.92, down -2.04%. “Our research indicates that a value premium does exist and that the recent outperformance of growth stocks can be partially explained by downward-trending long-term inflation levels and the lack of material acceleration in earnings growth over the last decade,” the firm says. On positive notes, free cash flow rose yoy from $11.4 billion to $12.1 billion, and the company reported a net gain of 5.5 million new subscribers. Financial preparation for retirement varies so widely that this average creates more confusion than insight. To my mind it is good that insiders have invested their own money in the company. The retirement crisis is both not as bad as it’s made out to seem—and also worse. Is Conduent (CNDT) a Great Value Stock Right Now? The $1.9-trillion Joe Biden plan to speed recovery won't include tax hikes. For comparison, the average dividend among tech sector peer companies is only 0.9%. Most financial markets will be closed for the celebration of the civil rights leader's life, the first one since protests over the killing of George Floyd touched off massive protests across the nation. 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. Is CNDT A Good Stock To Buy Now? Do Not Sell My Personal Information (CA Residents Only). Each of these drugs leverages novel delivery of unique compounds against proven mechanisms-of-action and could offer superior safety and/or treatment effect, from their wider therapeutic windows,” Porges noted. On May 09, 2019, Needham Reiterated a Buy rating and decreased its price target from $25 to … Still, they help show that the stock is likely being undervalued at the moment. Here are trading hours, Bank of America's 8 Best Stocks to Buy in Q1, 44 Celebrities You Didn't Know Were Related, Dow Slides As Biden Stimulus Plan Raises These Fears; GM Reverses As IPO Stock Passes Buy, IRS says this tax season will be ‘one of the nation’s most important.’ Make note of these key dates, 2 “Strong Buy” Stocks Trading at Steep Discounts, Movie Characters Who Need A Better Wardrobe, Value stocks are about to come out of their coma, says index fund powerhouse Vanguard, Rally Quickly Turns 7 Penny Stocks Into Billion-Dollar Companies, 27 Forbidden Places We Can Never Set Foot In, Virgin Galactic, Space Stocks Soar As Tesla Bull Eyes New ETF, The good news and ominous warnings in JPMorgan’s earnings call, Biden Pitches Stimulus Checks Now, Tax Hikes Soon To Beat Virus, Inequality; Dow Jones Falls, The Scene That Took 'Married With Children Off Air. 13, 2019 at 6:40 p.m. When it comes to tech companies, there are quite a few aspects that have the potential to lead to movement in the market. 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Heavily shorted, and is down by -0.82 % for this period it is good that insiders invested!