Concentrix (CNXC) Competitors

$55.30
+0.63 (+1.15%)
(As of 05/1/2024 ET)

CNXC vs. CBZ, ENV, DLO, NVEI, WU, PAY, FLYW, EXLS, FA, and MMS

Should you be buying Concentrix stock or one of its competitors? The main competitors of Concentrix include CBIZ (CBZ), Envestnet (ENV), DLocal (DLO), Nuvei (NVEI), Western Union (WU), Paymentus (PAY), Flywire (FLYW), ExlService (EXLS), First Advantage (FA), and Maximus (MMS). These companies are all part of the "business services, not elsewhere classified" industry.

Concentrix vs.

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

87.4% of CBIZ shares are owned by institutional investors. Comparatively, 90.3% of Concentrix shares are owned by institutional investors. 5.3% of CBIZ shares are owned by company insiders. Comparatively, 3.0% of Concentrix shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

CBIZ currently has a consensus price target of $63.00, suggesting a potential downside of 11.74%. Concentrix has a consensus price target of $74.75, suggesting a potential upside of 35.17%. Given CBIZ's stronger consensus rating and higher possible upside, analysts plainly believe Concentrix is more favorable than CBIZ.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CBIZ
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Concentrix
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CBIZ$1.59B2.25$120.97M$2.4728.90
Concentrix$7.88B0.46$313.84M$4.8511.40

CBIZ received 336 more outperform votes than Concentrix when rated by MarketBeat users. Likewise, 62.37% of users gave CBIZ an outperform vote while only 48.57% of users gave Concentrix an outperform vote.

CompanyUnderperformOutperform
CBIZOutperform Votes
353
62.37%
Underperform Votes
213
37.63%
ConcentrixOutperform Votes
17
48.57%
Underperform Votes
18
51.43%

In the previous week, CBIZ had 16 more articles in the media than Concentrix. MarketBeat recorded 23 mentions for CBIZ and 7 mentions for Concentrix. CBIZ's average media sentiment score of 0.34 beat Concentrix's score of 0.25 indicating that Concentrix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CBIZ
3 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Concentrix
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

CBIZ has a net margin of 7.65% compared to CBIZ's net margin of 3.53%. CBIZ's return on equity of 17.70% beat Concentrix's return on equity.

Company Net Margins Return on Equity Return on Assets
CBIZ7.65% 15.43% 5.96%
Concentrix 3.53%17.70%6.23%

CBIZ has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500. Comparatively, Concentrix has a beta of 0.48, indicating that its share price is 52% less volatile than the S&P 500.

Summary

Concentrix beats CBIZ 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$3.65B$17.26B$6.33B$7.43B
Dividend Yield2.20%3.01%2.85%3.95%
P/E Ratio11.4018.9034.3217.77
Price / Sales0.463.14979.8186.76
Price / Cash3.8223.1227.2835.52
Price / Book0.894.744.314.27
Net Income$313.84M$477.09M$115.17M$214.19M
7 Day Performance-2.52%-1.98%-0.32%0.55%
1 Month Performance-12.75%-6.97%-5.12%-4.94%
1 Year Performance-41.75%6.17%6.00%6.45%

Concentrix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CBZ
CBIZ
3.4994 of 5 stars
$71.22
-1.0%
$63.00
-11.5%
+35.2%$3.57B$1.59B28.836,700Earnings Report
Short Interest ↓
Analyst Revision
ENV
Envestnet
2.1554 of 5 stars
$62.10
-1.1%
$63.67
+2.5%
-2.0%$3.40B$1.25B-14.213,100Upcoming Earnings
DLO
DLocal
4.3598 of 5 stars
$14.21
-2.3%
$18.38
+29.3%
+1.5%$4.21B$650.35M29.00901Short Interest ↑
NVEI
Nuvei
1.2888 of 5 stars
$32.14
-0.5%
$31.94
-0.6%
-20.9%$4.49B$1.19B-535.582,202Upcoming Earnings
WU
Western Union
4.1877 of 5 stars
$13.45
-0.4%
$13.45
+23.1%$4.55B$4.36B7.969,000Earnings Report
Analyst Revision
PAY
Paymentus
1.0341 of 5 stars
$20.40
-0.9%
$17.81
-12.7%
+147.9%$2.53B$614.49M113.331,273Upcoming Earnings
FLYW
Flywire
3.6508 of 5 stars
$20.50
-0.8%
$34.27
+67.2%
-29.7%$2.52B$403.09M-227.751,200Upcoming Earnings
News Coverage
EXLS
ExlService
4.6019 of 5 stars
$29.00
-1.6%
$36.14
+24.6%
-18.7%$4.81B$1.63B26.5154,000Upcoming Earnings
Analyst Report
Short Interest ↓
News Coverage
FA
First Advantage
1.742 of 5 stars
$16.30
-1.7%
$18.00
+10.4%
+26.7%$2.37B$763.76M65.205,000
MMS
Maximus
4.2116 of 5 stars
$80.27
-0.9%
$102.00
+27.1%
-4.0%$4.90B$4.90B26.5839,600Upcoming Earnings

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This page (NASDAQ:CNXC) was last updated on 5/1/2024 by MarketBeat.com Staff

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