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.
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.
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.
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.
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.
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.
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.
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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.
Skip ChartThis 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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