Convergys Corporation Company Profile (NYSE:CVG)

About Convergys Corporation

Convergys Corporation logoConvergys Corporation is engaged in providing customer management services. The Company's primary focus is on growth with multinational corporations and other companies in communications and media, financial services, technology, healthcare, retail and other vertical markets. Its segments include North America and Rest of World. It provides a range of contact center services delivered through phone, e-mail and chat. It provides omni-channel contact center technology solutions, including multichannel interaction solutions, cross-channel integration framework, campaign management and others. It provides analytics and consulting solutions, including customer segmentation and profiling, digital channel optimization and others. It operates in approximately 150 locations in over 30 countries. It operates over 130 contact centers in approximately 30 countries. It integrates call center data servers and databases with over two primary data centers in Orlando, Florida, and Cincinnati, Ohio.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Exchange: NYSE
  • Symbol: CVG
  • CUSIP: 21248510
Key Metrics:
  • Previous Close: $24.54
  • 50 Day Moving Average: $25.20
  • 200 Day Moving Average: $27.33
  • 52-Week Range: $95,369,000.00 - $23.87
  • Trailing P/E Ratio: 15.27
  • Foreward P/E Ratio: 12.58
  • P/E Growth: 1.32
  • Market Cap: $2.34B
  • Outstanding Shares: 95,369,000
  • Beta: 0.93
Profitability:
  • Net Margins: 5.78%
  • Return on Equity: 14.87%
  • Return on Assets: 8.25%
Debt:
  • Debt-to-Equity Ratio: 0.27%
  • Current Ratio: 2.24%
  • Quick Ratio: 2.24%
Additional Links:
Companies Related to Convergys Corporation:

Analyst Ratings

Consensus Ratings for Convergys Corporation (NYSE:CVG) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $30.00 (22.25% upside)

Analysts' Ratings History for Convergys Corporation (NYSE:CVG)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017SunTrust Banks, Inc.DowngradeBuy -> HoldView Rating Details
8/10/2016Citigroup Inc.Boost Price TargetNeutral$28.00 -> $30.00View Rating Details
6/1/2016SidotiUpgradeNeutral -> BuyView Rating Details
5/16/2016Robert W. BairdReiterated RatingHoldView Rating Details
2/25/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Convergys Corporation (NYSE:CVG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416$0.48$767.69 millionN/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
11/5/2015Q315$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$0.40$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$0.28$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)

Estimates

Earnings Estimates for Convergys Corporation (NYSE:CVG)
Current Year EPS Consensus Estimate: $1.85 EPS
Next Year EPS Consensus Estimate: $1.95 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.38$0.38$0.38
Q3 20161$0.47$0.47$0.47
Q4 20161$0.48$0.48$0.48
Q1 20171$0.44$0.44$0.44
Q2 20171$0.41$0.41$0.41
Q3 20171$0.49$0.49$0.49
Q4 20171$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Convergys Corporation (NYSE:CVG)
Annual Dividend:$0.36
Dividend Yield:1.47%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:22.22% (Based on Trailing 12 Months of Earnings)
19.46% (Based on Current Year Consensus EPS Estimate)
18.46% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Convergys Corporation (NYSE:CVG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/9/2016quarterly$0.091.39%12/21/201612/23/20161/6/2017
8/9/2016quarterly$0.091.25%9/21/20169/23/201610/7/2016
5/9/2016quarterly$0.091.29%6/22/20166/24/20167/8/2016
2/24/2016quarterly$0.081.23%3/22/20163/24/20164/8/2016
11/6/2015quarterly$0.081.23%12/22/201512/24/20151/8/2016
8/4/2015quarterly$0.081.33%9/16/20159/18/201510/2/2015
5/5/2015quarterly$0.081.37%6/16/20156/18/20157/2/2015
2/18/2015quarterly$0.071.29%3/18/20153/20/20154/3/2015
11/5/2014quarterly$0.071.37%12/23/201412/26/20141/9/2015
8/11/2014quarterly$0.071.51%9/17/20149/19/201410/3/2014
5/12/2014quarterly$0.071.24%6/17/20146/19/20147/3/2014
2/6/2014quarterly$0.061.23%3/19/20143/21/20144/4/2014
11/7/2013quarterly$0.061.24%12/24/201312/27/20131/10/2014
7/30/2013quarterly$0.061.27%9/18/20139/20/201310/4/2013
5/1/2013quarterly$0.061.42%6/19/20136/21/20137/5/2013
2/7/2013quarterly$0.061.5%3/20/20133/22/20134/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Convergys Corporation (NYSE:CVG)
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 97.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Convergys Corporation (NYSE:CVG)
DateHeadline
News IconMarket Review: Focusing on This Stock: Convergys Corporation (CVG) - Baldwin Journal (NYSE:CVG)
baldwinjournal.com - February 17 at 3:38 PM
News IconIs The Sell-Side Predicting That Convergys Corporation (NYSE:CVG) Will Move Higher? - Winfield Review (NYSE:CVG)
winfieldreview.com - February 16 at 6:38 PM
News IconBuy or Sell? Average Brokerage Ratings on Mueller Water Products, Inc. (MWA), Convergys Corporation (CVG) - StockNewsJournal (NYSE:CVG)
stocknewsjournal.com - February 16 at 6:38 PM
News IconConvergys Corp (CVG) is Downgraded by SunTrust to ” Hold” - Highland Mirror (NYSE:CVG)
www.highlandmirror.com - February 16 at 1:37 PM
finance.yahoo.com logoConvergys downgraded by SunTrust (NYSE:CVG)
finance.yahoo.com - February 16 at 1:37 PM
bizjournals.com logoConvergys: New contract could curb layoffs in Greenville (NYSE:CVG)
www.bizjournals.com - February 16 at 1:37 PM
News IconConvergys brings 400 new jobs to CINDEs Job Fair 2017 (NYSE:CVG)
www.pressreleasepoint.com - February 14 at 8:59 PM
News IconShares in Review: Convergys Corporation (NYSE:CVG) - Midway Monitor (NYSE:CVG)
midwaymonitor.com - February 14 at 3:58 PM
bizjournals.com logoCincinnati company to lay off 175 in Hazelwood - St. Louis Business Journal (NYSE:CVG)
www.bizjournals.com - February 10 at 5:00 PM
News IconWhy to Keeping Eye on Sunoco LP (SUN), Convergys Corporation (CVG)? - StockNewsJournal (NYSE:CVG)
stocknewsjournal.com - February 10 at 5:00 PM
bizjournals.com logoCincinnati company to lay off 175 in Hazelwood (NYSE:CVG)
www.bizjournals.com - February 10 at 5:00 PM
News IconMarket Update: Following the Charts for Convergys Corporation (NYSE:CVG) - Piedmont Register (NYSE:CVG)
piedmontregister.com - February 9 at 10:04 PM
businesswire.com logoConvergys Schedules Release of Fourth Quarter and Full Year 2016 Financial Results and Webcast of Investor ... - Business Wire (press release) (NYSE:CVG)
www.businesswire.com - February 9 at 10:04 PM
finance.yahoo.com logoConvergys Schedules Release of Fourth Quarter and Full Year 2016 Financial Results and Webcast of Investor Conference Call (NYSE:CVG)
finance.yahoo.com - February 9 at 5:03 PM
News IconConvergys Ranked in Top 15 Companies with Remote Jobs in 2017 (NYSE:CVG)
www.pressreleasepoint.com - February 8 at 5:01 PM
News IconKeeping an Eye on Shares of Convergys Corporation (NYSE:CVG) - The Tribune (NYSE:CVG)
lakecitytribune.com - January 31 at 10:15 PM
News IconWhat is the Street Saying About Convergys Corporation (NYSE:CVG)? - Aiken Advocate (NYSE:CVG)
aikenadvocate.com - January 31 at 10:15 PM
News IconFirms & Funds Maintain Significant Positions In Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 31 at 10:15 PM
capitalcube.com logoConvergys Corp. breached its 50 day moving average in a Bearish Manner : CVG-US : January 31, 2017 (NYSE:CVG)
www.capitalcube.com - January 31 at 5:14 PM
prnewswire.com logoHow These Business Services Stocks are Faring? -- Interpace Diagnostics, Convergys, HMS Holdings, and Priceline - PR Newswire (press release) (NYSE:CVG)
www.prnewswire.com - January 30 at 9:40 AM
News IconInvestor Scope: Taking a Closer Look at Shares of Convergys Corporation (NYSE:CVG) - The Tribune (NYSE:CVG)
lakecitytribune.com - January 29 at 9:41 PM
News IconCustomer-service firm to open in former Kroger site on Linkhorne Drive in Lynchburg (NYSE:CVG)
www.newsadvance.com - January 27 at 11:04 PM
4-traders.com logoConvergys : Lynchburg Welcomes Convergys, Leader in Global Customer Management (NYSE:CVG)
www.4-traders.com - January 27 at 6:03 PM
News IconTechnical Updates on Shares of Convergys Corporation (CVG) - Market Point (NYSE:CVG)
mtptnews.com - January 26 at 5:47 PM
News IconWhat are Research Firms Saying About Convergys Corporation (NYSE:CVG)? - Aiken Advocate (NYSE:CVG)
aikenadvocate.com - January 25 at 10:49 PM
News IconEarnings in Full Force, Analysts Take Aim at Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 25 at 10:49 PM
4-traders.com logoConvergys : PH Chairperson Marife Zamora Sworn in as 2017 M.A.P. President (NYSE:CVG)
www.4-traders.com - January 25 at 5:46 PM
News IconRSI Review on Shares of Convergys Corporation (CVG) - Sherwood Daily (NYSE:CVG)
sherwooddaily.com - January 20 at 10:48 PM
News IconWilliams %R, RSI, and ADX Update for Convergys Corporation (CVG) - Springdale Times (NYSE:CVG)
springdaletimes.com - January 18 at 3:29 AM
4-traders.com logoCONVERGYS : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K/A) (NYSE:CVG)
www.4-traders.com - January 17 at 5:27 PM
News IconWill The Needle Move For Convergys Corporation (NYSE:CVG) Shares This Earnings Season? - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 17 at 8:38 AM
biz.yahoo.com logoCONVERGYS CORP Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NYSE:CVG)
biz.yahoo.com - January 17 at 8:38 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 13 at 10:26 PM
News IconInvestor Focus: Watching Shares of Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 12 at 3:05 AM
News IconInvestor List: Watching Shares of Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 12 at 3:05 AM
capitalcube.com logoConvergys Corp. – Value Analysis (NYSE:CVG) : January 11, 2017 (NYSE:CVG)
www.capitalcube.com - January 11 at 5:03 PM
capitalcube.com logoConvergys Corp. breached its 50 day moving average in a Bearish Manner : CVG-US : January 10, 2017 (NYSE:CVG)
www.capitalcube.com - January 10 at 5:31 PM
News IconEquity in Focus: Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 9 at 9:25 PM
marketexclusive.com logoCONVERGYS CORPORATION (NYSE:CVG) Files An 8-K Entry into a Material Definitive Agreement (NYSE:CVG)
marketexclusive.com - January 8 at 4:30 PM
investornewswire.com logoConvergys Corporation (NYSE:CVG) Rating Revised To 2.33 - Investor Newswire (NYSE:CVG)
www.investornewswire.com - January 6 at 5:02 PM
News IconConvergys Corporation (NYSE:CVG) Valuation According To Analysts - UK Market News (NYSE:CVG)
www.ukmarketnews.co.uk - January 6 at 5:02 PM
News IconStock Review for Convergys Corporation (NYSE:CVG) - Wall Street Beacon (NYSE:CVG)
wsbeacon.com - January 6 at 5:02 PM
biz.yahoo.com logoCONVERGYS CORP Files SEC form 8-K, Entry into a Material Definitive Agreement (NYSE:CVG)
biz.yahoo.com - January 6 at 5:02 PM
finance.yahoo.com logoNew Strong Sell Stocks for January 5th (NYSE:CVG)
finance.yahoo.com - January 5 at 5:17 PM
publicnow.com logoSurvey of 6,400+ Consumers Reveals Tier One Calls No Longer Exist (NYSE:CVG)
www.publicnow.com - January 4 at 10:41 PM
stocksdaily.net logoYearly EPS Estimated Of Convergys Corporation (NYSE:CVG) At $1.87 - Stocks Daily (NYSE:CVG)
www.stocksdaily.net - January 2 at 4:52 PM
bizjournals.com logoEXCLUSIVE: One of Cincinnati’s largest insurance agencies moving (NYSE:CVG)
www.bizjournals.com - December 30 at 3:00 AM
stockhouse.com logoResearch Reports Coverage on Business Services Stocks -- Interpace Diagnostics, Convergys, HMS Holdings, and Acacia Research (NYSE:CVG)
www.stockhouse.com - December 27 at 12:05 PM
seekingalpha.com logoConvergys goes ex-dividend today (NYSE:CVG)
seekingalpha.com - December 21 at 8:21 AM
nasdaq.com logoConvergys Corporation (CVG) Ex-Dividend Date Scheduled for December 21, 2016 - Nasdaq (NYSE:CVG)
www.nasdaq.com - December 21 at 3:23 AM

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What is Convergys Corporation's stock symbol?

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

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

Convergys Corporation announced a quarterly dividend on Wednesday, November 9th. Stockholders of record on Friday, December 23rd will be paid a dividend of $0.09 per share on Friday, January 6th. This represents a $0.36 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Wednesday, December 21st.

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

5 brokers have issued 1 year price targets for Convergys Corporation's stock. Their predictions range from $30.00 to $30.00. On average, they expect Convergys Corporation's share price to reach $30.00 in the next year.

When will Convergys Corporation announce their earnings?

Convergys Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.

Who owns Convergys Corporation stock?

Convergys Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.49%), State Street Corp (3.22%), Allianz Asset Management AG (3.03%), AQR Capital Management LLC (2.58%), FMR LLC (0.84%) and Cardinal Capital Management LLC CT (0.71%). Company insiders that own Convergys Corporation stock include Andre S Valentine, Andrea J Ayers, Jarrod B Pontius, Jeffrey H Fox, Joseph E Gibbs, Richard F Wallman and Taylor C Greenwald.

Who sold Convergys Corporation stock? Who is selling Convergys Corporation stock?

Convergys Corporation's stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, FMR LLC, Allianz Asset Management AG, State Street Corp, Leuthold Group LLC, Clark Capital Management Group Inc., Cipher Capital LP and Cantab Capital Partners LLP. Company insiders that have sold Convergys Corporation stock in the last year include Andre S Valentine, Andrea J Ayers, Jarrod B Pontius, Jeffrey H Fox, Joseph E Gibbs, Richard F Wallman and Taylor C Greenwald.

Who bought Convergys Corporation stock? Who is buying Convergys Corporation stock?

Convergys Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., AQR Capital Management LLC, Federated Investors Inc. PA, Marshall Wace LLP, Two Sigma Investments LP, A.R.T. Advisors LLC, Comerica Bank and Credit Agricole S A.

How do I buy Convergys Corporation stock?

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

How much does a share of Convergys Corporation stock cost?

One share of Convergys Corporation stock can currently be purchased for approximately $24.54.

Convergys Corporation (NYSE:CVG) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Convergys Corporation (NYSE:CVG)

Earnings History Chart

Earnings by Quarter for Convergys Corporation (NYSE:CVG)

Dividend History Chart

Dividend Payments by Quarter for Convergys Corporation (NYSE:CVG)

Last Updated on 2/19/2017 by MarketBeat.com Staff