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NASDAQ:CNXC

Concentrix (CNXC) Stock Price, News & Analysis

Concentrix logo
$50.37 -0.73 (-1.43%)
Closing price 04:00 PM Eastern
Extended Trading
$50.35 -0.02 (-0.04%)
As of 07:45 PM Eastern
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About Concentrix Stock (NASDAQ:CNXC)

Key Stats

Today's Range
$50.01
$51.02
50-Day Range
$42.45
$65.04
52-Week Range
$36.28
$77.00
Volume
335,256 shs
Average Volume
700,577 shs
Market Capitalization
$3.22 billion
P/E Ratio
13.58
Dividend Yield
2.64%
Price Target
$65.75
Consensus Rating
Buy

Company Overview

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.

Concentrix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

CNXC MarketRank™: 

Concentrix scored higher than 98% of companies evaluated by MarketBeat, and ranked 7th out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Concentrix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Concentrix has only been the subject of 2 research reports in the past 90 days.

  • Read more about Concentrix's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Concentrix is 13.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.95.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Concentrix is 13.58, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 31.22.

  • Price to Earnings Growth Ratio

    Concentrix has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Concentrix has a P/B Ratio of 0.81. 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.
  • Percentage of Shares Shorted

    15.07% of the float of Concentrix has been sold short.
  • Short Interest Ratio / Days to Cover

    Concentrix has a short interest ratio ("days to cover") of 7.2.
  • Change versus previous month

    Short interest in Concentrix has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Concentrix pays a meaningful dividend of 2.63%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Concentrix does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Concentrix is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Concentrix's dividend.
  • Percentage of Shares Shorted

    15.07% of the float of Concentrix has been sold short.
  • Short Interest Ratio / Days to Cover

    Concentrix has a short interest ratio ("days to cover") of 7.2.
  • Change versus previous month

    Short interest in Concentrix has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Concentrix has a news sentiment score of 1.20. 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 0.76 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Concentrix this week, compared to 5 articles on an average week.
  • Search Interest

    Only 3 people have searched for CNXC on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Concentrix insiders have sold 3,120.93% more of their company's stock than they have bought. Specifically, they have bought $46,000.00 in company stock and sold $1,481,628.00 in company stock.

  • Percentage Held by Insiders

    Only 3.20% of the stock of Concentrix is held by insiders.

  • Percentage Held by Institutions

    90.34% 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.
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CNXC Stock News Headlines

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Concentrix Corp. CNXC (U.S.: Nasdaq)
See More Headlines

CNXC Stock Analysis - Frequently Asked Questions

Concentrix's stock was trading at $43.27 at the start of the year. Since then, CNXC stock has increased by 16.4% and is now trading at $50.37.
View the best growth stocks for 2025 here
.

Concentrix Co. (NASDAQ:CNXC) posted its quarterly earnings data on Wednesday, March, 26th. The company reported $2.79 EPS for the quarter, beating the consensus estimate of $2.58 by $0.21. The business's revenue for the quarter was down 1.3% on a year-over-year basis.
Read the conference call transcript
.

Concentrix (CNXC) raised $75 million in an initial public offering (IPO) 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.

Concentrix's top institutional shareholders include Pzena Investment Management LLC (3.58%), Copeland Capital Management LLC (2.15%), Bank of New York Mellon Corp (0.48%) and Envestnet Asset Management Inc. (0.26%). Insiders that own company stock include Star Developments Ltd Silver, Matthew Miau, Olivier Duha, Christopher A Caldwell, Andre S Valentine, Cormac J Twomey, Dennis Polk, Jane Fogarty, Ann F Vezina and Kathryn Hayley.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Concentrix investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), ServiceNow (NOW), Arista Networks (ANET) and Advanced Micro Devices (AMD).

Company Calendar

Record date for 2/11 Dividend
1/31/2025
Ex-Dividend for 2/11 Dividend
1/31/2025
Dividend Payable
2/11/2025
Last Earnings
3/26/2025
Record date for 5/6 Dividend
4/25/2025
Ex-Dividend for 5/6 Dividend
4/25/2025
Today
5/05/2025
Dividend Payable
5/06/2025
Next Earnings (Estimated)
6/25/2025
Fiscal Year End
11/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:CNXC
Previous Symbol
NASDAQ:CNXC
Fax
N/A
Employees
315,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$65.75
High Stock Price Target
$80.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+29.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Trailing P/E Ratio
13.75
Forward P/E Ratio
5.03
P/E Growth
0.63
Net Income
$251.22 million
Pretax Margin
3.11%

Debt

Sales & Book Value

Annual Sales
$9.59 billion
Cash Flow
$24.43 per share
Price / Cash Flow
2.08
Book Value
$62.32 per share
Price / Book
0.82

Miscellaneous

Free Float
62,279,000
Market Cap
$3.25 billion
Optionable
Optionable
Beta
0.52
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This page (NASDAQ:CNXC) was last updated on 5/5/2025 by MarketBeat.com Staff
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