NASDAQ:CNXC Concentrix (CNXC) Stock Price, News & Analysis → Top Stock Unveiled! (From Darwin) (Ad) Free CNXC Stock Alerts $58.22 -0.53 (-0.90%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$55.69▼$58.3150-Day Range$54.67▼$66.0752-Week Range$53.89▼$106.10Volume445,529 shsAverage Volume373,069 shsMarket Capitalization$3.84 billionP/E Ratio12.00Dividend Yield2.08%Price Target$74.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Concentrix alerts: Email Address Concentrix MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside28.4% Upside$74.75 Price TargetShort InterestBearish6.18% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.16Upright™ Environmental ScoreNews Sentiment1.22Based on 6 Articles This WeekInsider TradingAcquiring Shares$98,546 Bought Last QuarterProj. Earnings Growth11.60%From $11.03 to $12.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.95 out of 5 starsBusiness Services Sector6th out of 307 stocksBusiness Services, Not Elsewhere Classified Industry5th out of 93 stocks 3.1 Analyst's Opinion Consensus RatingConcentrix has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageConcentrix has only been the subject of 3 research reports in the past 90 days.Read more about Concentrix's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.18% of the float of Concentrix has been sold short.Short Interest Ratio / Days to CoverConcentrix has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Concentrix has recently increased by 14.06%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldConcentrix pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConcentrix does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Concentrix is 24.95%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Concentrix will have a dividend payout ratio of 9.83% next year. This indicates that Concentrix will be able to sustain or increase its dividend.Read more about Concentrix's dividend. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConcentrix has received a 52.11% net impact score from Upright. Concentrix seems to create the most significant positive value in categories "Jobs", "Taxes", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "User experience consulting for the consumer electronics industry", "Customer analytics services for the consumer electronics industry", "User experience consulting for the communication industry", and "Customer analytics services for the communication industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Concentrix is -1.16. Previous Next 2.9 News and Social Media Coverage News SentimentConcentrix has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Concentrix this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for CNXC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Concentrix to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Concentrix insiders have bought 111.85% more of their company's stock than they have sold. Specifically, they have bought $98,546.00 in company stock and sold $46,516.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of Concentrix is held by insiders.Percentage Held by Institutions90.34% of the stock of Concentrix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Concentrix's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Concentrix are expected to grow by 11.60% in the coming year, from $11.03 to $12.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Concentrix is 12.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Concentrix is 12.00, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 30.99.Price to Earnings Growth RatioConcentrix has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioConcentrix has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Concentrix's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders ExposedHas Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.Register For The Webinar To Discover About Concentrix Stock (NASDAQ:CNXC)Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California.Read More CNXC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNXC Stock News HeadlinesJune 2, 2024 | insidertrades.comConcentrix Co. (NASDAQ:CNXC) EVP Sells $24,512.00 in StockJune 6, 2024 | investorplace.comThe 3 Most Undervalued Tech Stocks to Buy in June 2024June 4, 2024 | seekingalpha.comConcentrix: Worth A LookJune 4, 2024 | globenewswire.comConcentrix Debuts on the Fortune 500® ListMay 30, 2024 | investorplace.comHow Bold Are You? 7 High-Growth Stocks to Buy for Daring Investors.May 21, 2024 | globenewswire.comConcentrix to Present at Upcoming Investor ConferencesMay 3, 2024 | investorplace.comCheap Tricks: 7 Beaten-Down Tech Stocks to Buy Before the ComebackApril 27, 2024 | stockhouse.comConcentrix Named a Leader and Star Performer in Everest Group's Trust and Safety Services PEAK Matrix® Assessment 2024April 26, 2024 | nasdaq.comWednesday 4/24 Insider Buying Report: CNXC, CETApril 24, 2024 | uk.investing.comConcentrix unveils rebrand to bolster tech servicesApril 22, 2024 | globenewswire.comConcentrix + Webhelp Rebrands as ConcentrixApril 14, 2024 | uk.finance.yahoo.com10 Buy-Rated Stocks with Latest Insider PurchasesApril 13, 2024 | benzinga.comHow Is The Market Feeling About Concentrix?April 7, 2024 | investing.comConcentrix EVP legal buys $24.4k in company stockMarch 29, 2024 | seekingalpha.comConcentrix Corporation (CNXC) Q1 2024 Earnings Call TranscriptMarch 27, 2024 | finanznachrichten.deConcentrix Corporation: Concentrix Reports First Quarter 2024 ResultsMarch 27, 2024 | markets.businessinsider.comConcentrix Positioned for Growth: Strong Q1 Performance and WebHelp Acquisition Synergies Drive Buy RatingMarch 27, 2024 | msn.comConcentrix rises even as BofA downgrades amid worries over revenue, marginsMarch 27, 2024 | msn.comConcentrix Corporation (NASDAQ:CNXC) Q1 2024 Earnings Call TranscriptMarch 27, 2024 | cnbc.comStocks making the biggest moves after hours: GameStop, Concentrix and moreMarch 27, 2024 | msn.comConcentrix Non-GAAP EPS of $2.57 misses by $0.01, revenue of $2.4B beats by $20MMarch 27, 2024 | finance.yahoo.comConcentrix Corp (CNXC) Aligns with EPS Projections and Reports Substantial Revenue Growth in Q1 2024March 26, 2024 | globenewswire.comConcentrix Reports First Quarter 2024 ResultsMarch 22, 2024 | msn.comConcentrix files to sell 13.17M shares of common stock for holdersMarch 20, 2024 | finance.yahoo.comCNXC Apr 2024 50.000 callSee More Headlines Receive CNXC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Concentrix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/26/2024Ex-Dividend for 5/7 Dividend4/25/2024Dividend Payable5/07/2024Today6/15/2024Next Earnings (Confirmed)6/26/2024Fiscal Year End11/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:CNXC CUSIPN/A CIK1803599 Webwww.concentrix.com Phone800-747-0583FaxN/AEmployees440,000Year FoundedN/APrice Target and Rating Average Stock Price Target$74.75 High Stock Price Target$85.00 Low Stock Price Target$60.00 Potential Upside/Downside+28.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.85 Trailing P/E Ratio12.00 Forward P/E Ratio5.28 P/E Growth0.69Net Income$313.84 million Net Margins3.53% Pretax Margin4.60% Return on Equity17.70% Return on Assets6.23% Debt Debt-to-Equity Ratio1.23 Current Ratio1.56 Quick Ratio1.56 Sales & Book Value Annual Sales$7.11 billion Price / Sales0.54 Cash Flow$14.56 per share Price / Cash Flow4.00 Book Value$62.21 per share Price / Book0.94Miscellaneous Outstanding Shares65,990,000Free Float64,012,000Market Cap$3.84 billion OptionableOptionable Beta0.60 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Christopher A. Caldwell (Age 51)President, CEO & Director Comp: $3.5MMr. Andre S. Valentine (Age 61)Chief Financial Officer Comp: $1.46MMs. Jane C. Fogarty (Age 57)Executive VP of Legal & Corporate Secretary Comp: $912.91kMr. Cormac J. Twomey (Age 54)Executive Vice President of Global Operations & Delivery Comp: $1.22MMs. Winnie SunSenior Vice President of Operations & DeliveryMr. Craig GibsonEVP of Global Sales & Account ManagementMr. David E. SteinVice President of Investor RelationsMs. Debbie GonzalezSenior Vice President of Global Marketing & CommunicationsMr. Jason MarasiganSenior Vice President of Corporate DevelopmentMs. Diane HansonSenior Vice President of People SolutionsMore ExecutivesKey CompetitorsRB GlobalNYSE:RBAGrabNASDAQ:GRABAkamai TechnologiesNASDAQ:AKAMZillow GroupNASDAQ:ZZillow GroupNASDAQ:ZGView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleSold 49,302 shares on 6/4/2024Ownership: 0.001%Cormac J TwomeySold 400 sharesTotal: $24,512.00 ($61.28/share)Boston PartnersBought 14,289 shares on 5/28/2024Ownership: 0.554%Comerica BankSold 512 shares on 5/17/2024Ownership: 0.033%Walleye Trading LLCSold 300 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CNXC Stock Analysis - Frequently Asked Questions Should I buy or sell Concentrix stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Concentrix in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CNXC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNXC, but not buy additional shares or sell existing shares. View CNXC analyst ratings or view top-rated stocks. What is Concentrix's stock price target for 2024? 4 analysts have issued 12-month target prices for Concentrix's shares. Their CNXC share price targets range from $60.00 to $85.00. On average, they predict the company's stock price to reach $74.75 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View analysts price targets for CNXC or view top-rated stocks among Wall Street analysts. How have CNXC shares performed in 2024? Concentrix's stock was trading at $98.21 at the beginning of the year. Since then, CNXC shares have decreased by 40.7% and is now trading at $58.22. View the best growth stocks for 2024 here. Are investors shorting Concentrix? Concentrix saw a increase in short interest in May. As of May 31st, there was short interest totaling 2,920,000 shares, an increase of 14.1% from the May 15th total of 2,560,000 shares. Based on an average daily trading volume, of 527,300 shares, the short-interest ratio is currently 5.5 days. Currently, 6.2% of the shares of the stock are short sold. View Concentrix's Short Interest. When is Concentrix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024. View our CNXC earnings forecast. How can I listen to Concentrix's earnings call? Concentrix will be holding an earnings conference call on Wednesday, June 26th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Concentrix's earnings last quarter? Concentrix Co. (NASDAQ:CNXC) issued its earnings results on Tuesday, March, 26th. The company reported $2.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.36 by $0.03. The company had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.38 billion. Concentrix had a trailing twelve-month return on equity of 17.70% and a net margin of 3.53%. How often does Concentrix pay dividends? What is the dividend yield for Concentrix? Concentrix announced a quarterly dividend on Tuesday, March 26th. Investors of record on Friday, April 26th will be given a dividend of $0.303 per share on Tuesday, May 7th. This represents a $1.21 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date is Thursday, April 25th. This is a positive change from the stock's previous quarterly dividend of $0.30. Read our dividend analysis for CNXC. Is Concentrix a good dividend stock? Concentrix (NASDAQ:CNXC) pays an annual dividend of $1.21 per share and currently has a dividend yield of 2.06%. The dividend payout ratio is 24.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNXC will have a dividend payout ratio of 9.83% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNXC. What ETFs hold Concentrix's stock? ETFs with the largest weight of Concentrix (NASDAQ:CNXC) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), Amplify Cash Flow Dividend Leaders ETF (COWS), First Trust Technology AlphaDEX Fund (FXL) and Mid Cap US Equity Select ETF (RNMC).First Trust Mid Cap Value AlphaDEX Fund (FNK) and What guidance has Concentrix issued on next quarter's earnings? Concentrix updated its FY 2024 earnings guidance on Tuesday, March, 26th. The company provided EPS guidance of 11.690-12.500 for the period, compared to the consensus earnings per share estimate of 11.960. The company issued revenue guidance of $9.5 billion-$9.7 billion, compared to the consensus revenue estimate of $9.6 billion. When did Concentrix IPO? Concentrix (CNXC) raised $75 million in an initial public offering on Wednesday, July 1st 2015. The company issued 5,000,000 shares at a price of $15.00 per share. BofA Merrill Lynch, Wells Fargo Securities, Citigroup, Jefferies, Scotia Howard Weil, Credit Suisse, J.P. Morgan, Evercore ISI, BB&T Capital Markets, Goldman, Sachs, The Huntington Investment Company, Stifel and Nomura served as the underwriters for the IPO and Clarksons Platou Securities, Cowen and Company and Tuohy Brothers were co-managers. Who are Concentrix's major shareholders? Concentrix's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.06%), Impactive Capital LP (5.83%), Capital International Investors (3.83%), Pzena Investment Management LLC (1.54%), Boston Partners (0.55%) and Principal Financial Group Inc. (0.52%). Insiders that own company stock include Andre S Valentine, Ann F Vezina, Christopher A Caldwell, Cormac J Twomey, Dennis Polk, Jane Fogarty, Kathryn Hayley, Matthew J Cox, Matthew Miau, Richard Rosso and Star Developments Ltd Silver. View institutional ownership trends. How do I buy shares of Concentrix? Shares of CNXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CNXC) was last updated on 6/15/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???Do you want to see who I believe will be the next president of the U.S.A? 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