NYSE:CVG - Convergys Stock Price, Price Target & More

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$25.32 -0.10 (-0.39 %)
(As of 06/20/2018 03:53 AM ET)
Previous Close$25.42
Today's Range$24.92 - $25.41
52-Week Range$21.13 - $26.66
Volume2.18 million shs
Average Volume925,491 shs
Market Capitalization$2.29 billion
P/E Ratio13.54
Dividend Yield1.60%
Beta0.96
Convergys logoConvergys Corporation provides customer management services to communications and media, technology, financial services, retail, healthcare, government, travel and hospitality, and other vertical markets worldwide. The company offers solutions across the customer lifecycle, including sales, customer service, technical support, customer retention, and collection, as well as security, compliance, and fraud solutions; and solutions in contact center technology comprising omni-channel interaction, cross-channel integration framework, real-time decisioning engine, robotic process automation, intelligent notification, campaign management, personalized care, personalized selling, agent productivity, and retention solutions. It also provides analytics and consulting, and software solutions, such as enterprise feedback management, integrated customer experience analytics, post-contact surveys, relational loyalty research, customer segmentation and profiling, call elimination analysis, analysis of customer effort, digital channel optimization, and integrated contact center analytics solutions, as well as voice of customer software. The company operates through 140 contact centers. Convergys Corporation was founded in 1998 and is headquartered in Cincinnati, Ohio.

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Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
SymbolNYSE:CVG
CUSIP21248510
Phone513-723-7000

Debt

Debt-to-Equity Ratio0.21
Current Ratio2.38
Quick Ratio2.38

Price-To-Earnings

Trailing P/E Ratio13.54
Forward P/E Ratio14.98
P/E Growth1.64

Sales & Book Value

Annual Sales$2.79 billion
Price / Sales0.83
Cash Flow$3.5167 per share
Price / Cash7.20
Book Value$14.91 per share
Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$1.87
Net Income$121.40 million
Net Margins4.14%
Return on Equity12.76%
Return on Assets7.31%

Miscellaneous

Employees115,000
Outstanding Shares91,500,000

Convergys (NYSE:CVG) Frequently Asked Questions

What is Convergys' stock symbol?

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

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

Convergys announced a quarterly dividend on Tuesday, May 8th. Stockholders of record on Friday, June 22nd will be paid a dividend of $0.11 per share on Friday, July 6th. This represents a $0.44 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Thursday, June 21st. This is a positive change from Convergys's previous quarterly dividend of $0.10. View Convergys' Dividend History.

How were Convergys' earnings last quarter?

Convergys Corp (NYSE:CVG) released its quarterly earnings data on Tuesday, May, 8th. The business services provider reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.01. The business services provider had revenue of $674 million for the quarter, compared to the consensus estimate of $669.28 million. Convergys had a net margin of 4.14% and a return on equity of 12.76%. Convergys's quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 EPS. View Convergys' Earnings History.

When is Convergys' next earnings date?

Convergys is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Convergys.

What price target have analysts set for CVG?

4 brokerages have issued 1 year price objectives for Convergys' stock. Their forecasts range from $24.00 to $28.00. On average, they anticipate Convergys' stock price to reach $26.00 in the next year. View Analyst Ratings for Convergys.

Who are some of Convergys' key competitors?

Who are Convergys' key executives?

Convergys' management team includes the folowing people:
  • Ms. Andrea J. Ayers, Pres, CEO & Director (Age 54)
  • Mr. Andre S. Valentine, Chief Financial Officer (Age 55)
  • Mr. Jarrod B. Pontius, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 46)
  • Mr. Cormac J. Twomey, Chief Commercial Officer (Age 49)
  • Mr. Taylor C. Greenwald, Sr. VP, Controller & Chief Accounting Officer (Age 50)

Has Convergys been receiving favorable news coverage?

News headlines about CVG stock have trended somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Convergys earned a news sentiment score of -0.02 on Accern's scale. They also assigned media stories about the business services provider an impact score of 40.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Convergys' major shareholders?

Convergys' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.30%), Dimensional Fund Advisors LP (8.41%), Fort Washington Investment Advisors Inc. OH (5.30%), LSV Asset Management (5.22%), Northern Trust Corp (3.83%) and Allianz Asset Management GmbH (1.83%). Company insiders that own Convergys stock include Andre S Valentine, Andrea J Ayers, Jarrod B Pontius, Jeffrey H Fox, Joseph E Gibbs and Taylor C Greenwald. View Institutional Ownership Trends for Convergys.

Which institutional investors are selling Convergys stock?

CVG stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Alambic Investment Management L.P., Prudential Financial Inc., Comerica Bank, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Boston Partners and BlackRock Inc.. Company insiders that have sold Convergys company stock in the last year include Andre S Valentine, Andrea J Ayers and Jeffrey H Fox. View Insider Buying and Selling for Convergys.

Which institutional investors are buying Convergys stock?

CVG stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Robeco Institutional Asset Management B.V., Millennium Management LLC, Wells Fargo & Company MN, Caisse DE Depot ET Placement DU Quebec, Hsbc Holdings PLC and Dean Investment Associates LLC. View Insider Buying and Selling for Convergys.

How do I buy shares of Convergys?

Shares of CVG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Convergys' stock price today?

One share of CVG stock can currently be purchased for approximately $25.32.

How big of a company is Convergys?

Convergys has a market capitalization of $2.29 billion and generates $2.79 billion in revenue each year. The business services provider earns $121.40 million in net income (profit) each year or $1.87 on an earnings per share basis. Convergys employs 115,000 workers across the globe.

How can I contact Convergys?

Convergys' mailing address is 201 East Fourth Street, Cincinnati OH, 45202. The business services provider can be reached via phone at 513-723-7000 or via email at [email protected]


MarketBeat Community Rating for Convergys (CVG)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  420
MarketBeat's community ratings are surveys of what our community members think about Convergys and other stocks. Vote "Outperform" if you believe CVG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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