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Concentrix (CNXC) Competitors

$62.32
+0.55 (+0.89%)
(As of 05/28/2024 ET)

CNXC vs. GRAB, AKAM, RBA, Z, ZG, CART, WEX, ETSY, HQY, and FOUR

Should you be buying Concentrix stock or one of its competitors? The main competitors of Concentrix include Grab (GRAB), Akamai Technologies (AKAM), RB Global (RBA), Zillow Group (Z), Zillow Group (ZG), Maplebear (CART), WEX (WEX), Etsy (ETSY), HealthEquity (HQY), and Shift4 Payments (FOUR). These companies are all part of the "business services, not elsewhere classified" industry.

Concentrix vs.

Grab (NASDAQ:GRAB) and Concentrix (NASDAQ:CNXC) are both business services companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, risk, analyst recommendations, profitability, community ranking, valuation and earnings.

Concentrix has higher revenue and earnings than Grab. Grab is trading at a lower price-to-earnings ratio than Concentrix, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Grab$2.36B6.07-$434M-$0.07-52.14
Concentrix$7.11B0.58$313.84M$4.8512.85

In the previous week, Grab had 43 more articles in the media than Concentrix. MarketBeat recorded 46 mentions for Grab and 3 mentions for Concentrix. Grab's average media sentiment score of 1.37 beat Concentrix's score of 0.28 indicating that Concentrix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Grab
11 Very Positive mention(s)
6 Positive mention(s)
20 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral
Concentrix
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Grab received 7 more outperform votes than Concentrix when rated by MarketBeat users. However, 48.57% of users gave Concentrix an outperform vote while only 42.86% of users gave Grab an outperform vote.

CompanyUnderperformOutperform
GrabOutperform Votes
24
42.86%
Underperform Votes
32
57.14%
ConcentrixOutperform Votes
17
48.57%
Underperform Votes
18
51.43%

Concentrix has a net margin of 3.53% compared to Concentrix's net margin of -11.86%. Grab's return on equity of 17.70% beat Concentrix's return on equity.

Company Net Margins Return on Equity Return on Assets
Grab-11.86% -4.62% -3.48%
Concentrix 3.53%17.70%6.23%

Grab has a beta of 0.81, meaning that its share price is 19% less volatile than the S&P 500. Comparatively, Concentrix has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500.

Grab currently has a consensus price target of $5.07, suggesting a potential upside of 38.94%. Concentrix has a consensus price target of $74.75, suggesting a potential upside of 19.95%. Given Concentrix's stronger consensus rating and higher probable upside, equities research analysts plainly believe Grab is more favorable than Concentrix.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Grab
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
Concentrix
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

55.5% of Grab shares are held by institutional investors. Comparatively, 90.3% of Concentrix shares are held by institutional investors. 3.6% of Grab shares are held by company insiders. Comparatively, 3.0% of Concentrix shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Concentrix beats Grab on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CNXC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CNXC vs. The Competition

MetricConcentrixBusiness services IndustryBusiness SectorNASDAQ Exchange
Market Cap$4.11B$17.86B$6.57B$8.09B
Dividend Yield1.96%3.57%3.01%3.96%
P/E Ratio12.8538.9521.3918.44
Price / Sales0.583.20856.2272.31
Price / Cash4.2122.4125.0128.77
Price / Book1.004.354.584.39
Net Income$313.84M$502.26M$117.64M$213.55M
7 Day Performance-1.86%-1.20%-0.27%-0.54%
1 Month Performance11.03%1.16%1.45%2.77%
1 Year Performance-30.27%9.37%6.77%7.62%

Concentrix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRAB
Grab
2.103 of 5 stars
$3.65
-0.3%
$5.07
+38.9%
+20.1%$14.32B$2.36B-52.1410,604Short Interest ↑
AKAM
Akamai Technologies
4.389 of 5 stars
$92.59
-1.6%
$114.00
+23.1%
+2.2%$14.10B$3.81B23.0310,250Short Interest ↑
RBA
RB Global
3.3183 of 5 stars
$75.56
-0.8%
$82.33
+9.0%
+41.6%$13.82B$3.68B45.529,600Analyst Forecast
Insider Selling
Z
Zillow Group
2.5821 of 5 stars
$39.76
+0.2%
$56.20
+41.3%
-11.5%$9.39B$1.95B-57.626,263
ZG
Zillow Group
4.5768 of 5 stars
$39.16
+0.1%
$57.40
+46.6%
-11.2%$9.25B$1.95B-56.756,263Short Interest ↓
Positive News
CART
Maplebear
4.2407 of 5 stars
$32.22
-0.5%
$41.05
+27.4%
N/A$8.53B$3.04B0.003,380
WEX
WEX
4.8123 of 5 stars
$184.72
-1.6%
$240.00
+29.9%
+9.1%$7.74B$2.59B30.045,500Positive News
ETSY
Etsy
4.8293 of 5 stars
$61.07
+0.7%
$79.96
+30.9%
-28.6%$7.14B$2.75B27.892,420
HQY
HealthEquity
3.8748 of 5 stars
$79.19
-0.1%
$96.17
+21.4%
+43.7%$6.89B$999.59M123.733,150Upcoming Earnings
Positive News
FOUR
Shift4 Payments
4.427 of 5 stars
$67.02
-1.9%
$83.33
+24.3%
+3.6%$5.87B$2.56B44.983,030Gap Up

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This page (NASDAQ:CNXC) was last updated on 5/29/2024 by MarketBeat.com Staff

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