Convergys Corporation Company Profile (NYSE:CVG)

About Convergys Corporation (NYSE:CVG)

Convergys Corporation 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: Business Services
  • Industry: Technology Consulting & Outsourcing Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Symbol: NYSE:CVG
  • CUSIP: 21248510
  • Web:
  • Market Cap: $2.26751 billion
  • Outstanding Shares: 94,126,000
Average Prices:
  • 50 Day Moving Avg: $24.11
  • 200 Day Moving Avg: $23.43
  • 52 Week Range: $20.15 - $30.92
  • Trailing P/E Ratio: 17.90
  • Foreward P/E Ratio: 12.61
  • P/E Growth: 1.30
Sales & Book Value:
  • Annual Revenue: $2.92 billion
  • Price / Sales: 0.78
  • Book Value: $14.19 per share
  • Price / Book: 1.70
  • Annual Dividend: $0.40
  • Dividend Yield: 1.7%
  • EBIDTA: $366.9 million
  • Net Margins: 4.67%
  • Return on Equity: 14.24%
  • Return on Assets: 7.94%
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 2.68%
  • Quick Ratio: 2.68%
  • Average Volume: 687,881 shs.
  • Beta: 1.04
  • Short Ratio: 9.56
Frequently Asked Questions for Convergys Corporation (NYSE:CVG)

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 Monday, May 8th. Stockholders of record on Friday, June 23rd will be paid 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 of this dividend is Wednesday, June 21st. This is a positive change from Convergys Corporation's previous quarterly dividend of $0.09. View Convergys Corporation's Dividend History.

How were Convergys Corporation's earnings last quarter?

Convergys Corporation (NYSE:CVG) posted its quarterly earnings results 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 analyst estimates of $719.96 million. Convergys Corporation had a return on equity of 14.24% and a net margin of 4.67%. The firm's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 EPS. View Convergys Corporation's Earnings History.

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

3 brokers have issued 12-month price objectives for Convergys Corporation's shares. Their forecasts range from $30.00 to $30.00. On average, they anticipate Convergys Corporation's stock price to reach $30.00 in the next year. View Analyst Ratings for Convergys Corporation.

Who are some of Convergys Corporation's key competitors?

Who are Convergys Corporation's key executives?

Convergys Corporation'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 Corporation stock?

Convergys Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.25%), Horrell Capital Management Inc. (0.33%), Lathrop Investment Management Corp (0.28%), James Investment Research Inc. (0.16%), Smith Graham & Co. Investment Advisors LP (0.16%) and US Bancorp DE (0.09%). 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. View Institutional Ownership Trends for Convergys Corporation.

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 Bartlett & Co. LLC, Wright Investors Service Inc., Nisa Investment Advisors LLC and Eqis Capital Management Inc.. 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 and Taylor C Greenwald. View Insider Buying and Selling for Convergys Corporation.

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 Bank of Montreal Can, James Investment Research Inc., Legato Capital Management LLC, Smith Graham & Co. Investment Advisors LP, First Quadrant L P CA, Fox Run Management L.L.C., Aperio Group LLC and LS Investment Advisors LLC. View Insider Buying and Selling for Convergys Corporation.

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.

What is Convergys Corporation's stock price today?

One share of Convergys Corporation stock can currently be purchased for approximately $24.09.

MarketBeat Community Rating for Convergys Corporation (NYSE CVG)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  224
MarketBeat's community ratings are surveys of what our community members think about Convergys Corporation 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 Corporation (NYSE:CVG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $30.00 (24.53% upside)

Analysts' Ratings History for Convergys Corporation (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 Inc.Boost Price TargetNeutral$28.00 -> $30.00N/AView Rating Details
5/16/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
2/25/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 7/24/2015 forward)


Earnings History for Convergys Corporation (NYSE:CVG)
Earnings by Quarter for Convergys Corporation (NYSE:CVG)
Earnings History by Quarter for Convergys Corporation (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 Corporation (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 Corporation (NYSE:CVG)
Most Recent Dividend:7/7/2017
Annual Dividend:$0.40
Dividend Yield:1.66%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:30.08% (Trailing 12 Months of Earnings)
21.74% (Based on This Year's Estimates)
20.94% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Convergys Corporation (NYSE:CVG)

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

Insider Trades

Insider Trading and Institutional Ownership History for Convergys Corporation (NYSE:CVG)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 99.74%
Insider Trades by Quarter for Convergys Corporation (NYSE:CVG)
Institutional Ownership by Quarter for Convergys Corporation (NYSE:CVG)
Insider Trades by Quarter for Convergys Corporation (NYSE:CVG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/2/2017Jeffrey H. FoxDirectorSell10,000$24.84$248,400.00View SEC Filing  
6/1/2017Taylor C. GreenwaldInsiderSell6,412$24.24$155,426.88View SEC Filing  
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 Corporation (NYSE:CVG)
Latest Headlines for Convergys Corporation (NYSE:CVG)
DateHeadline logoContrasting International Business Machines Corporation (IBM) & Convergys Corporation (CVG) - July 16 at 7:40 AM logoConvergys Corp. breached its 50 day moving average in a Bearish Manner : CVG-US : July 14, 2017 - July 14 at 3:31 PM logoETFs with exposure to Convergys Corp. : July 14, 2017 - July 14 at 3:31 PM logo$687.04 Million in Sales Expected for Convergys Corporation (NYSE:CVG) This Quarter - July 6 at 11:20 AM logo$0.39 EPS Expected for Convergys Corporation (NYSE:CVG) This Quarter - July 4 at 2:16 PM logoConvergys Corp. breached its 50 day moving average in a Bearish Manner : CVG-US : July 3, 2017 - July 3 at 5:34 PM logoETFs with exposure to Convergys Corp. : June 28, 2017 - June 28 at 5:34 PM logoConvergys Corporation (CVG) Given Consensus Recommendation of "Hold" by Brokerages - June 28 at 8:24 AM logoConvergys Corp. :CVG-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017 - June 21 at 5:55 PM logoConvergys Corp. : CVG-US: Dividend Analysis : June 23rd, 2017 (record date) : By the numbers : June 21, 2017 - June 21 at 5:55 PM logoConvergys Corporation (CVG) vs. Conduent (CNDT) Critical Survey - June 14 at 8:20 PM logoFinancial Review: Convergys Corporation (CVG) versus Conduent (CNDT) - June 12 at 2:06 PM logoHead-To-Head Review: Conduent (CNDT) and Convergys Corporation (CVG) - June 12 at 9:34 AM logoFinancial Comparison: Convergys Corp (CVG) and Conduent (CNDT) - June 11 at 8:26 AM logo Analysts Anticipate Convergys Corp (CVG) Will Announce Quarterly Sales of $687.04 Million - June 10 at 8:46 AM logo Analysts Anticipate Convergys Corp (CVG) Will Announce Earnings of $0.39 Per Share - June 8 at 2:20 PM logoThese Greater Cincinnati companies landed on this year’s Fortune 500 list - June 7 at 10:22 PM logoConvergys Corp (CVG) Director Sells $248,400.00 in Stock - June 6 at 7:51 PM logoValuEngine Downgrades Convergys Corp (CVG) to Hold - June 4 at 9:52 PM logoInsider Selling: Convergys Corp (CVG) Insider Sells 6,412 Shares of Stock - June 2 at 8:21 PM logoConvergys Corp (CVG) Given Consensus Rating of "Hold" by Analysts - June 2 at 6:42 PM logoConvergys to Present at Baird’s 2017 Global Consumer, Technology & Services Conference - June 1 at 5:11 PM 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



Convergys Corporation (CVG) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff