How to Buy Conduent Stock
Conduent Inc
Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States, Europe, and internationally.
Conduent stock last closed at $3.02, up 0% from the previous day, and has decreased 10.39% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.19 percentage points. Conduent stock is currently +25.83% from its 52-week low of $2.40, and -20.73% from its 52-week high of $3.81.
As of Apr 18, 2024, there are 209.97M shares of CNDT outstanding. The market cap of CNDT is $634.12M. In the past 24 hours, 809,565 CNDT shares were traded.
How to Buy Conduent Stock
Not sure how to invest in Conduent stock? Here's how.
- Choose where to buy Conduent stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Conduent stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your details.
- Evaluate Conduent stock: The Conduent ticker symbol is CNDT. Is Conduent stock a good investment? Should you buy shares of CNDT? How do CNDT's underlying business fundamentals look? Do top analysts think Conduent is a good buy? Why has CNDT's stock price moved recently? (Hint: Our stock market analysis website can help you understand if CNDT is a good stock to buy).
- Execute your CNDT trade: Decide if you will purchase CNDT shares at the current market price or use a limit order to buy CNDT stock at a specific price.
- Get key alerts regarding your investment in CNDT: Create a watchlist to important notifications about your investment in Conduent stock.
Step 1: Choose where to buy Conduent stock
You will need a brokerage account to access the NASDAQ market and buy CNDT stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to invest in CNDT stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Conduent stock
Once you have selected the best place to buy Conduent stock, it's crucial to evaluate their stock prior to investing, so you can understand the risk and opportunity.
Conduent quick stats
CNDT Fundamentals
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on CNDT's stock page.
Is CNDT stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CNDT's intrinsic value.
Using relative valuations measures:
- CNDT may be undervalued based on its P/B ratio of 1.01x, relative to Information Technology Services industry P/B ratio of 4.52x
You can access additional valuation research on CNDT's stock here.
A look at CNDT Cashflows and Balance Sheet
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the CNDT balance sheet.
- There are more short-term assets than short-term liabilities on the CNDT balance sheet.
- CNDT has $498.00M in cash and short term investments. This is enough to cover its annual cash burn of $4.00M.
- CNDT has cash burn of 4000000. It has sufficient cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- Total CNDT debt is higher than 5 years ago, relative to shareholder equity.
- CNDT profit margin has gone down from -4.7% to -8% in the past year.
- CNDT has a relatively high debt to equity ratio of 3.8.
Do analysts think it's a good time to buy Conduent stock
Out of 1 sell side analysts who track CNDT, the consensus analyst rating on Conduent is a Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Conduent stock forecast page.
CNDT Technicals
How are CNDT Revenues/Earnings doing?
Last year, CNDT revenue was $3.72B. Over the past 5 year, CNDT's revenue has gone up by -7.15% per year. This was slower than the Information Technology Services industry average of 7.57%.
Dive into CNDT's earnings and revenue performance here.
Are CNDT insiders buying or selling the stock?
In the past year, insiders at CNDT have bought more shares than they have sold.
Louis Edward Keyes, EVP Chief Revenue Officer of CNDT, was the latest CNDT insider to buy. They bought $102,148.26 worth of CNDT stock on Apr 1, 2024.
Learn more about who owns CNDT stock here.
Can I get consistent income from CNDT stock?
No, Conduent doesn't provide an income stream by paying out dividends.
What others are saying about CNDT
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your CNDT trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Click the Open button and your broker will place your order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in CNDT
Now that you own some shares in CNDT, you'll want to stay up-to-date on your new investment.
Put CNDT on a watchlist to get notified of important updates regarding your CNDT stock.
CNDT Feed
How to Buy Stock in Conduent
To summarize, here are the 6 steps you need to take to buy Conduent stock right now:
- Choose where to buy Conduent stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Conduent stock
- Execute your CNDT trade
- Get key alerts regarding your investment in CNDT
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Conduent, click the button below.
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