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: $2.3348 billion
  • Outstanding Shares: 93,280,000
Average Prices:
  • 50 Day Moving Avg: $23.70
  • 200 Day Moving Avg: $23.15
  • 52 Week Range: $20.15 - $30.57
  • Trailing P/E Ratio: 17.99
  • Foreward P/E Ratio: 13.34
  • P/E Growth: 1.33
Sales & Book Value:
  • Annual Revenue: $2.91 billion
  • Price / Sales: 0.82
  • Book Value: $14.62 per share
  • Price / Book: 1.74
  • Annual Dividend: $0.40
  • Dividend Yield: 1.6%
  • EBIDTA: $363 million
  • Net Margins: 4.90%
  • Return on Equity: 14.46%
  • Return on Assets: 8.09%
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 2.48%
  • Quick Ratio: 2.48%
  • Average Volume: 556,239 shs.
  • Beta: 1.03
  • Short Ratio: 2

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 Thursday, August 10th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.10 per share on Friday, October 6th. This represents a $0.40 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, September 21st. View Convergys Corporation's Dividend History.

How were Convergys Corporation's earnings last quarter?

Convergys Corporation (NYSE:CVG) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.46 EPS for the quarter, topping the Zacks' consensus estimate of $0.39 by $0.07. The business had revenue of $686.80 million for the quarter, compared to analyst estimates of $687.91 million. Convergys Corporation had a net margin of 4.90% and a return on equity of 14.46%. Convergys Corporation's quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 earnings per share. View Convergys Corporation's Earnings History.

When will Convergys Corporation make its next earnings announcement?

Convergys Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates 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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.13%), Dimensional Fund Advisors LP (8.54%), Vanguard Group Inc. (8.36%), Fort Washington Investment Advisors Inc. OH (6.07%), LSV Asset Management (4.89%) and Goldman Sachs Group Inc. (3.97%). 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 JPMorgan Chase & Co., Canada Pension Plan Investment Board, BlackRock Inc., American Century Companies Inc., Convergence Investment Partners LLC, Quantbot Technologies LP, Eaton Vance Management and Citigroup 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 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 acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Royce & Associates LP, Goldman Sachs Group Inc., Vanguard Group Inc., Sirios Capital Management L P, Macquarie Group Ltd., Bank of Nova Scotia and Olstein Capital Management L.P.. 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 $25.48.

MarketBeat Community Rating for Convergys Corporation (NYSE CVG)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  167 (Vote Underperform)
Total Votes:  265
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: N/A

Analysts' Ratings History for Convergys Corporation (NYSE:CVG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/17/2017Robert W. BairdReiterated RatingNeutral -> HoldLowView Rating Details
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
2/25/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 9/23/2015 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
11/6/2017$0.44N/AView Earnings Details
8/8/2017Q2 2017$0.39$0.46$687.91 million$686.80 millionViewListenView Earnings Details
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: $1.70
2018 EPS Consensus Estimate: $1.98
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.44$0.44$0.44
Q2 20171$0.36$0.36$0.36
Q3 20171$0.43$0.43$0.43
Q4 20171$0.47$0.47$0.47
Q1 20181$0.46$0.46$0.46
Q2 20181$0.44$0.44$0.44
Q3 20181$0.51$0.51$0.51
Q4 20181$0.57$0.57$0.57
(Data provided by Zacks Investment Research)


Current Dividend Information for Convergys Corporation (NYSE:CVG)
Next Dividend:10/6/2017
Annual Dividend:$0.40
Dividend Yield:1.57%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:28.37% (Trailing 12 Months of Earnings)
21.28% (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: 98.72%
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
9/6/2017Jeffrey H FoxDirectorSell43,609$23.53$1,026,119.77View SEC Filing  
8/15/2017Andre S. ValentineCFOSell10,000$23.52$235,200.00View SEC Filing  
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 logoETFs with exposure to Convergys Corp. : September 22, 2017 - September 22 at 4:42 PM logoConvergys Corp. :CVG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 20, 2017 - September 20 at 6:29 PM logoEx-Div Reminder for Convergys (CVG) - September 19 at 5:39 PM logoRobert W. Baird Reiterates "Hold" Rating for Convergys Corporation (CVG) - September 17 at 7:42 AM logoConvergys Corporation (CVG) Receives Consensus Rating of "Hold" from Brokerages - September 13 at 4:48 AM logoConvergys Corporation Adds Robert E. Knowling, Jr. to Its Board of Directors - September 12 at 6:23 PM logoConvergys Corp. breached its 50 day moving average in a Bullish Manner : CVG-US : September 11, 2017 - September 11 at 6:19 PM logoHead-To-Head Review: Convergys Corporation (CVG) & BroadSoft (BSFT) - September 8 at 12:30 PM logoJeffrey H. Fox Sells 43,609 Shares of Convergys Corporation (CVG) Stock - September 7 at 7:20 PM logo Brokerages Anticipate Convergys Corporation (CVG) Will Post Earnings of $0.44 Per Share - September 3 at 10:06 AM logoAnalyzing Convergys Corporation (CVG) & BroadSoft (BSFT) - September 2 at 6:08 AM logoHead-To-Head Contrast: Convergys Corporation (CVG) versus BroadSoft (BSFT) - September 2 at 4:22 AM logoConvergys To Present at Citi’s 2017 Global Technology Conference - September 1 at 5:58 PM logoAnalyzing Convergys Corporation (CVG) and BroadSoft (BSFT) - August 29 at 12:10 PM logoIs Convergys Corp. (CVG) a Great Stock for Value Investors? - August 22 at 6:14 PM logoConvergys Corporation (CVG) Given Average Rating of "Hold" by Brokerages - August 19 at 4:34 AM logoZacks: Analysts Anticipate Convergys Corporation (CVG) Will Post Earnings of $0.44 Per Share - August 16 at 12:22 AM logoCritical Analysis: BroadSoft (BSFT) and Convergys Corporation (NYSE:CVG) - August 12 at 2:26 PM logoConvergys Corporation (NYSE:CVG) Raised to "Hold" at BidaskClub - August 12 at 2:22 PM logoIHS Markit Score Update: Rise in demand for ETFs holding Convergys Corp is a positive for its shares - August 11 at 6:08 PM logoQ3 2017 EPS Estimates for Convergys Corporation Cut by Analyst (NYSE:CVG) - August 11 at 9:26 AM logoIHS Markit Score Update: Drop in demand for ETFs holding Convergys Corp is a negative sign for its shares - August 10 at 6:57 PM logoConvergys Corporation Plans Quarterly Dividend of $0.10 (NYSE:CVG) - August 10 at 5:28 PM logoConvergys Updates Full Year Expectations - Quick Facts - August 9 at 10:50 PM logoSee what the IHS Markit Score report has to say about Convergys Corp. - August 9 at 10:50 PM logoEdited Transcript of CVG earnings conference call or presentation 9-Aug-17 1:00pm GMT - August 9 at 10:50 PM logoInvestor Network: Convergys Corporation to Host Earnings Call - August 9 at 5:48 PM logoConvergys Corp. Q2 Income Rises 11% - August 8 at 10:28 PM logoConvergys Corporation (NYSE:CVG) Announces Earnings Results, Beats Estimates By $0.06 EPS - August 8 at 5:58 PM logoConvergys Reports Second Quarter Results - August 8 at 5:25 PM logoConvergys beats 2Q profit forecasts - August 8 at 5:25 PM logoConvergys Corporation (CVG) to Release Earnings on Tuesday - August 1 at 7:26 AM logoConvergys Corp. – Value Analysis (NYSE:CVG) : July 31, 2017 - July 31 at 10:32 PM logoConvergys Corporation (NYSE:CVG) Expected to Post Quarterly Sales of $687.04 Million - July 30 at 7:18 AM logoVerisk Analytics (VRSK) vs. Convergys Corporation (NYSE:CVG) Financial Review - July 30 at 12:20 AM logoConvergys Corporation (CVG) Expected to Announce Earnings of $0.39 Per Share - July 28 at 6:29 PM logoConvergys Corp. breached its 50 day moving average in a Bullish Manner : CVG-US : July 26, 2017 - July 26 at 6:12 PM logoConvergys Schedules Release of Second Quarter 2017 Financial Results and Webcast of Investor Conference Call - July 26 at 6:12 PM logoConvergys Corporation (NYSE:CVG) Given Consensus Recommendation of "Hold" by Brokerages - July 25 at 10:09 AM logoETFs with exposure to Convergys Corp. : July 24, 2017 - July 24 at 5:21 PM 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



Convergys Corporation (CVG) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by Staff