Top MarketRank™ StocksTop MarketRank™NASDAQ:CNXC Concentrix (CNXC) Stock Price, News & Analysis $67.43 +0.64 (+0.96%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$67.22▼$68.2050-Day Range$58.02▼$72.2652-Week Range$53.89▼$106.10Volume211,200 shsAverage Volume502,808 shsMarket Capitalization$4.41 billionP/E Ratio15.61Dividend Yield1.79%Price Target$84.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Concentrix alerts: Email Address Concentrix MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside25.8% Upside$84.80 Price TargetShort InterestBearish6.22% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.16Upright™ Environmental ScoreNews Sentiment0.91Based on 7 Articles This WeekInsider TradingSelling Shares$71,800 Sold Last QuarterProj. Earnings Growth13.15%From $10.80 to $12.22 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.4.93 out of 5 starsBusiness Services Sector10th out of 317 stocksBusiness Services, Not Elsewhere Classified Industry5th out of 93 stocks 3.2 Analyst's Opinion Consensus RatingConcentrix has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 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 Shorted6.22% of the float of Concentrix has been sold short.Short Interest Ratio / Days to CoverConcentrix has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Concentrix has recently increased by 1.75%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldConcentrix pays a meaningful dividend of 1.84%, 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 28.01%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Concentrix will have a dividend payout ratio of 9.90% 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 3.8 News and Social Media Coverage News SentimentConcentrix has a news sentiment score of 0.91. 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 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Concentrix this week, compared to 3 articles on an average week.Search Interest7 people have searched for CNXC on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat Follows5 people have added Concentrix to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Concentrix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $71,800.00 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Concentrix are expected to grow by 13.15% in the coming year, from $10.80 to $12.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Concentrix is 15.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Concentrix is 15.61, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.53.Price to Earnings Growth RatioConcentrix has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioConcentrix has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Concentrix's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 4, 2024 | insidertrades.comCormac J. Twomey Sells 400 Shares of Concentrix Co. (NASDAQ:CNXC) StockJuly 26 at 4:45 PM | morningstar.comConcentrix Corp Ordinary SharesJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 1:21 AM | americanbankingnews.comConcentrix Co. (NASDAQ:CNXC) Receives $84.80 Consensus Price Target from BrokeragesJuly 24 at 9:48 AM | americanbankingnews.comConcentrix Co. (CNXC) To Go Ex-Dividend on July 26thJuly 8, 2024 | globenewswire.comConcentrix Sets Bold Goals to Support People and Planet in New Sustainability ReportJune 26, 2024 | globenewswire.comConcentrix Reports Second Quarter 2024 ResultsJune 6, 2024 | investorplace.comThe 3 Most Undervalued Tech Stocks to Buy in June 2024July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 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 ConcentrixSee 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 Ex-Dividend for 5/7 Dividend4/25/2024Dividend Payable5/07/2024Last Earnings6/26/2024Today7/26/2024Ex-Dividend for 8/6 Dividend7/26/2024Dividend Payable8/06/2024Next Earnings (Estimated)9/25/2024Fiscal 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$84.80 High Stock Price Target$125.00 Low Stock Price Target$60.00 Potential Upside/Downside+25.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.32 Trailing P/E Ratio15.67 Forward P/E Ratio6.27 P/E Growth0.68Net Income$313.84 million Net Margins3.08% Pretax Margin3.98% Return on Equity17.00% Return on Assets5.72% Debt Debt-to-Equity Ratio1.21 Current Ratio1.54 Quick Ratio1.56 Sales & Book Value Annual Sales$8.65 billion Price / Sales0.51 Cash Flow$15.35 per share Price / Cash Flow4.41 Book Value$62.51 per share Price / Book1.08Miscellaneous Outstanding Shares65,329,000Free Float63,369,000Market Cap$4.42 billion OptionableOptionable Beta0.60 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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:RBAAkamai TechnologiesNASDAQ:AKAMGrabNASDAQ:GRABZillow GroupNASDAQ:ZZillow GroupNASDAQ:ZGView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 67,818 shares on 7/26/2024Ownership: 0.816%Allspring Global Investments Holdings LLCSold 74,396 shares on 7/26/2024Ownership: 0.329%State of Michigan Retirement SystemSold 300 shares on 7/26/2024Ownership: 0.017%Louisiana State Employees Retirement SystemSold 200 shares on 7/24/2024Ownership: 0.020%SummerHaven Investment Management LLCBought 248 shares on 7/24/2024Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions CNXC Stock Analysis - Frequently Asked Questions How have CNXC shares performed this year? Concentrix's stock was trading at $98.21 on January 1st, 2024. Since then, CNXC shares have decreased by 31.3% and is now trading at $67.43. View the best growth stocks for 2024 here. How were Concentrix's earnings last quarter? Concentrix Co. (NASDAQ:CNXC) released its quarterly earnings results on Wednesday, June, 26th. The company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.06. The business's revenue was up 47.4% on a year-over-year basis. When did Concentrix IPO? Concentrix (CNXC) raised $75 million in an IPO on Wednesday, July 1st 2015. The company issued 5,000,000 shares at $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 acted 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? Top institutional investors of Concentrix include Bank of New York Mellon Corp (0.82%), Allspring Global Investments Holdings LLC (0.33%), Retirement Systems of Alabama (0.09%) and Raymond James & Associates (0.05%). Insiders that own company stock include Star Developments Ltd Silver, Matthew Miau, Christopher A Caldwell, Andre S Valentine, Cormac J Twomey, Dennis Polk, Jane Fogarty, Ann F Vezina, Kathryn Hayley and Richard Rosso. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredFormer Hedge Fund Manager Issues Crash PredictionOur No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilso...Stansberry Research | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock (June 12) This $2 trillion D.C. shock i...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Concentrix Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Concentrix With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
