Conduent (CNDT)
(Delayed Data from NSDQ)
$3.87 USD
+0.19 (5.16%)
Updated May 3, 2024 04:00 PM ET
After-Market: $3.86 -0.01 (-0.26%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth C Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
CNDT 3.87 +0.19(5.16%)
Will CNDT be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for CNDT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CNDT
HealthEquity (HQY) to Add Conduent's HSA Accounts in 2024
Conduent (CNDT) Misses Q2 Earnings and Revenue Estimates
CNDT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Barrett (BBSI) Moves 6.2% Higher: Will This Strength Last?
Conduent (CNDT) Surpasses Q1 Earnings Estimates
Other News for CNDT
Conduent Announces Agreement to Sell its Casualty Claims Solutions Business to MedRisk
Conduent to sell casualty claims solutions unit for $240M
Conduent to sell Casualty Claims Solutions business to MedRisk for $240M
Noble Financial Keeps Their Buy Rating on Conduent (CNDT)
Conduent Inc (CNDT) Q1 2024 Earnings Call Transcript Highlights: Strategic Divestitures and ...