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Concentrix (CNXC) Competitors

$64.87
+0.45 (+0.70%)
(As of 02:26 PM ET)

CNXC vs. RBA, AKAM, Z, ZG, GRAB, CART, WEX, FOUR, HQY, and ETSY

Should you be buying Concentrix stock or one of its competitors? The main competitors of Concentrix include RB Global (RBA), Akamai Technologies (AKAM), Zillow Group (Z), Zillow Group (ZG), Grab (GRAB), Maplebear (CART), WEX (WEX), Shift4 Payments (FOUR), HealthEquity (HQY), and Etsy (ETSY). These companies are all part of the "business services, not elsewhere classified" industry.

Concentrix vs.

Concentrix (NASDAQ:CNXC) and RB Global (NYSE:RBA) are both business services companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends, community ranking, media sentiment and institutional ownership.

Concentrix pays an annual dividend of $1.21 per share and has a dividend yield of 1.9%. RB Global pays an annual dividend of $1.16 per share and has a dividend yield of 1.4%. Concentrix pays out 28.0% of its earnings in the form of a dividend. RB Global pays out 69.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. RB Global has raised its dividend for 20 consecutive years. Concentrix is clearly the better dividend stock, given its higher yield and lower payout ratio.

Concentrix has a beta of 0.61, meaning that its share price is 39% less volatile than the S&P 500. Comparatively, RB Global has a beta of 0.93, meaning that its share price is 7% less volatile than the S&P 500.

Concentrix presently has a consensus price target of $94.75, indicating a potential upside of 48.91%. RB Global has a consensus price target of $92.19, indicating a potential upside of 9.49%. Given Concentrix's higher possible upside, analysts clearly believe Concentrix is more favorable than RB Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Concentrix
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
RB Global
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

90.3% of Concentrix shares are owned by institutional investors. Comparatively, 95.4% of RB Global shares are owned by institutional investors. 3.0% of Concentrix shares are owned by company insiders. Comparatively, 4.3% of RB Global shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

RB Global has a net margin of 8.67% compared to Concentrix's net margin of 3.08%. Concentrix's return on equity of 17.00% beat RB Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Concentrix3.08% 17.00% 5.72%
RB Global 8.67%7.27%3.04%

RB Global received 392 more outperform votes than Concentrix when rated by MarketBeat users. However, 50.00% of users gave Concentrix an outperform vote while only 49.46% of users gave RB Global an outperform vote.

CompanyUnderperformOutperform
ConcentrixOutperform Votes
19
50.00%
Underperform Votes
19
50.00%
RB GlobalOutperform Votes
411
49.46%
Underperform Votes
420
50.54%

In the previous week, RB Global had 4 more articles in the media than Concentrix. MarketBeat recorded 8 mentions for RB Global and 4 mentions for Concentrix. RB Global's average media sentiment score of 1.63 beat Concentrix's score of 1.38 indicating that RB Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Concentrix
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
RB Global
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Concentrix$7.11B0.59$313.84M$4.3215.02
RB Global$3.68B4.19$206.50M$1.6650.83

Summary

RB Global beats Concentrix on 12 of the 21 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$4.21B$19.09B$6.88B$8.27B
Dividend Yield1.82%2.37%3.12%4.08%
P/E Ratio15.0242.8741.7818.53
Price / Sales0.595.74404.6973.20
Price / Cash4.5226.9223.1331.90
Price / Book1.045.424.374.54
Net Income$313.84M$528.55M$124.00M$224.04M
7 Day Performance-5.29%1.39%7.03%5.40%
1 Month Performance-2.27%3.06%6.05%8.65%
1 Year Performance-12.12%14.94%9.30%12.14%

Concentrix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RBA
RB Global
4.3945 of 5 stars
4.39 / 5 stars
$84.36
-0.9%
$92.19
+9.3%
+29.4%$15.43B$3.68B50.829,600Positive News
AKAM
Akamai Technologies
4.1407 of 5 stars
4.14 / 5 stars
$97.87
-1.4%
$116.47
+19.0%
-6.3%$14.91B$3.93B24.3510,250Short Interest ↑
News Coverage
Z
Zillow Group
2.2183 of 5 stars
2.22 / 5 stars
$62.81
+0.4%
$63.20
+0.6%
+32.4%$14.83B$2.07B-91.035,720Analyst Upgrade
Insider Selling
Options Volume
ZG
Zillow Group
3.4437 of 5 stars
3.44 / 5 stars
$60.88
+0.4%
$59.82
-1.7%
+32.1%$14.09B$1.95B-88.236,263Analyst Upgrade
Insider Selling
GRAB
Grab
2.4836 of 5 stars
2.48 / 5 stars
$3.57
+2.0%
$4.71
+32.1%
+0.6%$14.01B$2.58B-50.999,490Options Volume
CART
Maplebear
3.7839 of 5 stars
3.78 / 5 stars
$37.87
+1.6%
$42.81
+13.0%
N/A$10.02B$3.21B0.003,380Positive News
WEX
WEX
4.026 of 5 stars
4.03 / 5 stars
$202.80
+1.7%
$239.58
+18.1%
+0.8%$8.50B$2.64B32.985,500Insider Selling
Short Interest ↑
FOUR
Shift4 Payments
3.8317 of 5 stars
3.83 / 5 stars
$83.97
+0.7%
$86.05
+2.5%
+43.0%$7.35B$2.92B56.363,030Insider Selling
HQY
HealthEquity
4.7261 of 5 stars
4.73 / 5 stars
$78.80
+0.7%
$103.83
+31.8%
+14.2%$6.88B$999.59M85.653,150Positive News
ETSY
Etsy
4.6395 of 5 stars
4.64 / 5 stars
$54.09
+0.4%
$70.61
+30.5%
-16.7%$6.32B$2.77B24.702,420Short Interest ↑
Gap Up

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This page (NASDAQ:CNXC) was last updated on 9/18/2024 by MarketBeat.com Staff
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