Convergys Corp Company Profile (NYSE:CVG)

About Convergys Corp (NYSE:CVG)

Convergys Corp logoConvergys Corporation is engaged in customer experience outsourcing. The Company's geographical segments include North America and Rest of World. The Company offers services across industries, including communications and media, technology, financial services, retail, government and healthcare. The Company helps businesses to create customer experiences across multiple interaction channels, such as voice, chat, e-mail and interactive voice response. The Company provides solutions across the customer lifecycle, including sales, customer service, technical support, customer retention and collections. Its omni-channel contact center technology solutions include multichannel interaction solutions, cross-channel integration framework and robotic process automation. It offers analytics and consulting, and software solutions, including integrated customer experience analytics, post-contact surveys, relational loyalty research, and customer segmentation and profiling.

Industry, Sector and Symbol:
  • Sector:
  • Industry: Business Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Symbol: NYSE:CVG
  • CUSIP: 21248510
  • Web:
  • Market Cap: $2.26 billion
  • Outstanding Shares: 94,126,000
Average Prices:
  • 50 Day Moving Avg: $22.88
  • 200 Day Moving Avg: $23.71
  • 52 Week Range: $20.15 - $30.92
  • Trailing P/E Ratio: 17.86
  • Foreward P/E Ratio: 12.33
  • P/E Growth: 1.30
Sales & Book Value:
  • Annual Revenue: $2.92 billion
  • Price / Sales: 0.77
  • Book Value: $14.19 per share
  • Price / Book: 1.69
  • Annual Dividend: $0.36
  • Dividend Yield: 1.7%
  • EBIDTA: $366.9 million
  • Net Margins: 5.78%
  • Return on Equity: 14.87%
  • Return on Assets: 8.25%
  • Debt-to-Equity Ratio: 0.27%
  • Current Ratio: 2.24%
  • Quick Ratio: 2.24%
  • Average Volume: 884,697 shs.
  • Beta: 0.93
  • Short Ratio: 4.67

Frequently Asked Questions for Convergys Corp (NYSE:CVG)

What is Convergys Corp's stock symbol?

Convergys Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVG."

How often does Convergys Corp pay dividends? What is the dividend yield for Convergys Corp?

Convergys Corp declared a quarterly dividend on Monday, May 8th. Investors of record on Friday, June 23rd will be given a dividend of $0.10 per share on Friday, July 7th. This represents a $0.40 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Wednesday, June 21st. This is a positive change from Convergys Corp's previous quarterly dividend of $0.09. View Convergys Corp's Dividend History.

How were Convergys Corp's earnings last quarter?

Convergys Corp (NYSE:CVG) issued its quarterly earnings data on Monday, May, 8th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.07. The company had revenue of $727.60 million for the quarter, compared to the consensus estimate of $719.96 million. Convergys Corp had a net margin of 5.78% and a return on equity of 14.87%. Convergys Corp's revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 EPS. View Convergys Corp's Earnings History.

Where is Convergys Corp's stock going? Where will Convergys Corp's stock price be in 2017?

3 brokers have issued twelve-month price targets for Convergys Corp's shares. Their forecasts range from $30.00 to $30.00. On average, they expect Convergys Corp's share price to reach $30.00 in the next twelve months. View Analyst Ratings for Convergys Corp.

Who are some of Convergys Corp's key competitors?

Who are Convergys Corp's key executives?

Convergys Corp's management team includes the folowing people:

  • Andrea J. Ayers, President, Chief Executive Officer, Director
  • Andre S. Valentine, Chief Financial Officer
  • Marjorie Marge Connelly, Chief Operating Officer
  • Jarrod B. Pontius, Chief Administrative Officer, General Counsel
  • Jeffrey H. Fox, Non-Executive Chairman of the Board
  • Ronald L. Nelson, Lead Independent Director
  • Cheryl K. Beebe, Independent Director
  • Richard R. Devenuti, Independent Director
  • Joseph E. Gibbs, Independent Director

Who owns Convergys Corp stock?

Convergys Corp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.29%), Dimensional Fund Advisors LP (8.56%), Vanguard Group Inc. (7.79%), Fort Washington Investment Advisors Inc. OH (6.05%), LSV Asset Management (4.73%) and State Street Corp (3.38%). Company insiders that own Convergys Corp stock include Andre S Valentine, Andrea J Ayers, Jarrod B Pontius, Jeffrey H Fox, Joseph E Gibbs, Richard F Wallman and Taylor C Greenwald. View Institutional Ownership Trends for Convergys Corp.

Who sold Convergys Corp stock? Who is selling Convergys Corp stock?

Convergys Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, James Investment Research Inc., Russell Investments Group Ltd., American Century Companies Inc., Boston Advisors LLC, Cipher Capital LP and Chicago Equity Partners LLC. Company insiders that have sold Convergys Corp stock in the last year include Andre S Valentine, Andrea J Ayers, Jarrod B Pontius, Jeffrey H Fox and Joseph E Gibbs. View Insider Buying and Selling for Convergys Corp.

Who bought Convergys Corp stock? Who is buying Convergys Corp stock?

Convergys Corp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Montreal Can, Denver Investment Advisors LLC, AQR Capital Management LLC, Bank of Nova Scotia, Vanguard Group Inc., Canada Pension Plan Investment Board and Bank of New York Mellon Corp. View Insider Buying and Selling for Convergys Corp.

How do I buy Convergys Corp stock?

Shares of Convergys Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Convergys Corp's stock price today?

One share of Convergys Corp stock can currently be purchased for approximately $24.04.

MarketBeat Community Rating for Convergys Corp (NYSE CVG)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  66 (Vote Outperform)
Underperform Votes:  126 (Vote Underperform)
Total Votes:  192
MarketBeat's community ratings are surveys of what our community members think about Convergys Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Convergys Corp (NYSE:CVG) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $30.00 (24.79% upside)

Analysts' Ratings History for Convergys Corp (NYSE:CVG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/27/2017SidotiReiterated RatingBuyLowView Rating Details
2/15/2017SunTrust Banks, Inc.DowngradeBuy -> HoldN/AView Rating Details
8/10/2016Citigroup IncBoost Price TargetNeutral$28.00 -> $30.00N/AView Rating Details
5/16/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
2/25/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/30/2015 forward)


Earnings History for Convergys Corp (NYSE:CVG)
Earnings by Quarter for Convergys Corp (NYSE:CVG)
Earnings History by Quarter for Convergys Corp (NYSE CVG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017$0.45$0.52$719.96 million$727.60 millionViewListenView Earnings Details
2/22/2017Q416$0.48$0.47$767.69 million$757.90 millionViewN/AView Earnings Details
11/8/2016Q316$0.46$0.46$760.53 million$741.00 millionViewListenView Earnings Details
8/8/2016Q216$0.37$0.41$695.78 million$692.30 millionViewN/AView Earnings Details
5/9/2016Q1$0.45$0.50$730.63 million$722.20 millionViewN/AView Earnings Details
2/23/2016Q415$0.47$0.53$754.02 million$751.80 millionViewListenView Earnings Details
11/4/2015Q315$0.43$0.45$760.16 million$741.60 millionViewListenView Earnings Details
8/4/2015Q215$0.37$0.33$728.88 million$717.00 millionViewN/AView Earnings Details
5/5/2015Q115$0.39$0.47$737.20 million$740.50 millionViewN/AView Earnings Details
2/18/2015Q414$0.44$0.52$760.50 million$764.00 millionViewN/AView Earnings Details
11/5/2014Q314$0.38$0.42$751.50 million$749.50 millionViewN/AView Earnings Details
8/11/2014Q214$0.32$0.34$732.69 million$736.00 millionViewN/AView Earnings Details
5/12/2014Q114$0.29$0.32$589.31 million$606.00 millionViewN/AView Earnings Details
2/4/2014Q413$0.28$0.26$527.33 million$527.30 millionViewN/AView Earnings Details
11/7/2013Q313$0.26$0.27$524.04 million$521.00 millionViewN/AView Earnings Details
7/30/2013Q2 2013$0.24$0.25$501.15 million$504.00 millionViewN/AView Earnings Details
4/30/2013Q1 2013$0.23$0.22$499.79 million$494.00 millionViewN/AView Earnings Details
10/30/2012Q312$0.21$0.26$500.40 million$508.00 millionViewN/AView Earnings Details
7/31/2012$0.17$0.19ViewN/AView Earnings Details
5/8/2012$0.18$0.22ViewN/AView Earnings Details
2/7/2012$0.25$0.28ViewN/AView Earnings Details
11/1/2011$0.22$0.25ViewN/AView Earnings Details
8/1/2011$0.24$0.26ViewN/AView Earnings Details
5/3/2011$0.24$0.24ViewN/AView Earnings Details
2/2/2011$0.31$0.31ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Convergys Corp (NYSE:CVG)
2017 EPS Consensus Estimate: $1.76
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.44$0.44$0.44
Q2 20171$0.36$0.36$0.36
Q3 20171$0.46$0.46$0.46
Q4 20171$0.50$0.50$0.50
(Data provided by Zacks Investment Research)


Current Dividend Information for Convergys Corp (NYSE:CVG)
Next Dividend:7/7/2017
Annual Dividend:$0.36
Dividend Yield:1.50%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:22.22% (Trailing 12 Months of Earnings)
19.46% (Based on This Year's Estimates)
18.46% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Convergys Corp (NYSE:CVG)

Dividend History by Quarter for Convergys Corp (NYSE CVG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Convergys Corp (NYSE:CVG)
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 97.42%
Insider Trades by Quarter for Convergys Corp (NYSE:CVG)
Institutional Ownership by Quarter for Convergys Corp (NYSE:CVG)
Insider Trades by Quarter for Convergys Corp (NYSE:CVG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/6/2017Andrea J AyersCEOSell30,000$21.24$637,200.00View SEC Filing  
12/5/2016Andrea J AyersCEOSell30,000$25.04$751,200.00View SEC Filing  
11/17/2016Jarrod B PontiusGeneral CounselSell1,111$24.50$27,219.50View SEC Filing  
11/15/2016Jarrod B PontiusGeneral CounselSell2,434$24.06$58,562.04View SEC Filing  
9/12/2016Andre S ValentineCFOSell9,000$29.56$266,040.00View SEC Filing  
9/7/2016Joseph E GibbsDirectorSell25,000$30.82$770,500.00View SEC Filing  
9/2/2016Jeffrey H FoxDirectorSell20,000$30.21$604,200.00View SEC Filing  
8/26/2016Jeffrey H FoxDirectorSell10,000$29.96$299,600.00View SEC Filing  
8/24/2016Jeffrey H FoxDirectorSell10,000$29.82$298,200.00View SEC Filing  
8/17/2016Jeffrey H FoxDirectorSell65,000$29.55$1,920,750.00View SEC Filing  
6/3/2016Jeffrey H FoxDirectorSell15,000$28.14$422,100.00View SEC Filing  
5/25/2016Jeffrey H FoxDirectorSell10,000$27.84$278,400.00View SEC Filing  
5/11/2016Richard F WallmanDirectorSell4,790$27.71$132,730.90View SEC Filing  
3/1/2016Jeffrey H FoxDirectorSell40,000$25.98$1,039,200.00View SEC Filing  
3/1/2016Taylor C GreenwaldCAOSell4,431$25.86$114,585.66View SEC Filing  
2/26/2016Joseph E GibbsDirectorSell4,681$25.85$121,003.85View SEC Filing  
12/2/2015Andrea J AyersCEOSell15,000$25.78$386,700.00View SEC Filing  
11/23/2015Jeffrey H. FoxDirectorSell45,218$25.36$1,146,728.48View SEC Filing  
11/19/2015Jeffrey H. FoxDirectorSell25,000$24.61$615,250.00View SEC Filing  
6/10/2015Jeffrey H FoxDirectorSell52,522$25.21$1,324,079.62View SEC Filing  
6/1/2015Jeffrey H FoxDirectorSell10,000$24.96$249,600.00View SEC Filing  
5/20/2015Taylor C GreenwaldCAOSell8,037$17.33$139,281.21View SEC Filing  
5/13/2015Andre S ValentineCFOSell9,000$24.26$218,340.00View SEC Filing  
12/4/2014Jeffrey H FoxDirectorSell45,000$20.85$938,250.00View SEC Filing  
11/10/2014Claudia L ClineEVPSell1,000$20.97$20,970.00View SEC Filing  
8/20/2014Richard F WallmanDirectorSell6,701$10.33$69,221.33View SEC Filing  
8/19/2014Michael L WoodenSVPSell3,000$18.55$55,650.00View SEC Filing  
5/28/2014Jeffrey H FoxDirectorSell50,000$22.16$1,108,000.00View SEC Filing  
5/19/2014Jeffrey FoxDirectorSell11,850$22.03$261,055.50View SEC Filing  
5/15/2014Taylor GreenwaldCAOSell4,205$21.61$90,870.05View SEC Filing  
5/14/2014Joseph GibbsDirectorSell6,548$22.60$147,984.80View SEC Filing  
9/10/2013Andre S ValentineCFOSell10,000$18.49$184,900.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Convergys Corp (NYSE:CVG)
Latest Headlines for Convergys Corp (NYSE:CVG)
DateHeadline logoConvergys Corp (CVG) Raised to B- at TheStreet - May 25 at 3:02 PM logo$687.04 Million in Sales Expected for Convergys Corp (CVG) This Quarter - May 14 at 9:44 AM logoEdited Transcript of CVG earnings conference call or presentation 9-May-17 1:00pm GMT - May 13 at 4:35 PM logoZacks: Analysts Expect Convergys Corp (CVG) to Post $0.39 EPS - May 12 at 12:30 PM logoConvergys Corp Expected to Earn Q2 2017 Earnings of $0.36 Per Share (CVG) - May 12 at 10:22 AM logoConvergys Corp Forecasted to Post Q3 2017 Earnings of $0.46 Per Share (CVG) - May 11 at 10:06 AM logoConvergys Corp (CVG) Cut to "Sell" at Zacks Investment Research - May 10 at 8:56 PM logoConvergys Corp. Q1 Profit Rises 1% - May 9 at 4:34 PM logoConvergys (CVG) Q1 2017 Results - Earnings Call Transcript - May 9 at 4:34 PM logoConvergys tops Street 1Q forecasts - May 9 at 6:01 AM logoConvergys Corp (CVG) Releases Earnings Results, Beats Estimates By $0.07 EPS - May 8 at 11:53 PM logoConvergys Corp (CVG) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS - May 8 at 10:00 PM logoConvergys Corp (CVG) Announces Dividend Increase - $0.10 Per Share - May 8 at 6:43 PM logoConvergys Reports First Quarter Results - May 8 at 4:26 PM logoConvergys Corp (CVG) Receives $30.00 Average PT from Analysts - May 5 at 11:20 PM logoBusiness Services Q1 Earnings Due on May 8: FDC, CVG, SYKE - May 5 at 4:49 PM logoSomewhat Positive Media Coverage Extremely Likely to Impact Convergys Corp (CVG) Share Price - May 3 at 1:24 PM logoConvergys Corp (CVG) Receives Average Recommendation of "Hold" from Brokerages - May 2 at 6:18 PM logoConvergys Corp (CVG) Receives News Sentiment Rating of -0.36 - April 30 at 7:44 AM logoDirectView Completes Acquisition of Two Privately Held Texas-Based Security and Surveillance Companies … - April 27 at 10:08 PM logoSomewhat Negative Media Coverage Somewhat Likely to Impact Convergys Corp (CVG) Stock Price - April 27 at 5:52 PM logoConvergys opening Pennsylvania tech center with 250 jobs - April 26 at 9:22 AM logoConvergys Corp (CVG) Upgraded to "Hold" by Zacks Investment Research - April 25 at 7:56 PM logoConvergys Schedules Release of First Quarter 2017 Financial Results and Webcast of Investor Conference Call - April 25 at 11:57 AM logoSomewhat Positive Media Coverage Somewhat Unlikely to Affect Convergys Corp (CVG) Stock Price - April 24 at 8:32 PM logoConvergys Corp. – Value Analysis (NYSE:CVG) : April 24, 2017 - April 24 at 4:28 PM logoConvergys Corp (CVG) Expected to Announce Quarterly Sales of $720.53 Million - April 23 at 8:25 AM logo Analysts Anticipate Convergys Corp (CVG) Will Announce Earnings of $0.46 Per Share - April 21 at 7:30 PM logoConvergys Corp (CVG) Earns Coverage Optimism Score of 0.31 - April 21 at 1:20 PM logoConvergys Corp. breached its 50 day moving average in a Bullish Manner : CVG-US : April 21, 2017 - April 21 at 12:27 PM logoConvergys Corp (CVG) Receives Daily News Sentiment Rating of 0.10 - April 18 at 6:28 PM logoSomewhat Negative Press Coverage Extremely Likely to Effect Convergys Corp (CVG) Stock Price - April 15 at 10:29 AM logoConvergys Corp (CVG) Receives Average Rating of "Hold" from Analysts - April 5 at 6:55 PM logoConvergys Corp (CVG) Downgraded by TheStreet - April 5 at 4:10 PM logoConvergys Corp (CVG) Lowered to "Sell" at Zacks Investment Research - March 31 at 5:40 PM logoConvergys Recognized as a Vision Leader in the Gartner Magic Quadrant for Customer Management Contact Center BPO - March 30 at 5:02 PM logoConvergys Corp (CVG) Coverage Initiated at Sidoti - March 27 at 4:34 PM logoHow These Business Services Stocks are Faring? -- Fiserv, Vantiv, FleetCor, and Convergys - March 22 at 4:42 PM logoConvergys: Can This Renowned Outsourcer Start Growing Again? - Seeking Alpha - March 9 at 3:27 AM logoInsider Selling: Convergys Corp (CVG) CEO Sells 30,000 Shares of Stock - March 8 at 10:04 PM logoCONVERGYS CORP Financials - February 28 at 4:50 PM logoEdited Transcript of CVG earnings conference call or presentation 23-Feb-17 2:00pm GMT - February 23 at 9:38 PM logoConvergys (CVG) Q4 2016 Results - Earnings Call Transcript - Seeking Alpha - February 23 at 4:36 PM logoOversold Conditions For Convergys - Nasdaq - February 23 at 4:36 PM logoConvergys Corp (CVG) Gains as Investors Await Earnings - February 22 at 9:53 PM logoConvergys Corp. Reveals 13% Decline In Q4 Bottom Line - February 22 at 9:53 PM logoConvergys Reports Fourth Quarter and Full Year 2016 Results - February 22 at 9:53 PM logo4:19 pm Convergys misses by $0.01, misses on revs; guides FY17 - February 22 at 9:53 PM logoCONVERGYS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits - February 22 at 9:53 PM logoConvergys downgraded by SunTrust - February 16 at 1:37 PM



Convergys Corp (CVG) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by Staff