NASDAQ:CNXC Concentrix (CNXC) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free CNXC Stock Alerts $55.25 -2.29 (-3.98%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$55.20▼$58.3250-Day Range$55.25▼$84.4952-Week Range$55.20▼$110.88Volume511,035 shsAverage Volume558,382 shsMarket Capitalization$3.65 billionP/E Ratio11.39Dividend Yield2.19%Price Target$82.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Concentrix alerts: Email Address Concentrix MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside48.9% Upside$82.25 Price TargetShort InterestHealthy4.58% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.16Upright™ Environmental ScoreNews Sentiment0.76Based on 6 Articles This WeekInsider TradingAcquiring Shares$67,269 Bought Last QuarterProj. Earnings Growth11.60%From $11.03 to $12.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.99 out of 5 starsBusiness Services Sector1st out of 298 stocksBusiness Services, Not Elsewhere Classified Industry1st out of 85 stocks 3.1 Analyst's Opinion Consensus RatingConcentrix has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageConcentrix has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.58% of the float of Concentrix has been sold short.Short Interest Ratio / Days to CoverConcentrix has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Concentrix has recently decreased by 0.91%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldConcentrix pays a meaningful dividend of 2.04%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConcentrix has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Concentrix is 24.95%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Concentrix will have a dividend payout ratio of 9.83% next year. This indicates that Concentrix will be able to sustain or increase its dividend. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConcentrix has received a 52.11% net impact score from Upright. Concentrix seems to create the most significant positive value in categories "Jobs", "Taxes", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "User experience consulting for the consumer electronics industry", "Customer analytics services for the consumer electronics industry", "User experience consulting for the communication industry", and "Customer analytics services for the communication industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Concentrix is -1.16. Previous Next 3.2 News and Social Media Coverage News SentimentConcentrix has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Concentrix this week, compared to 3 articles on an average week.Search Interest30 people have searched for CNXC on MarketBeat in the last 30 days. This is an increase of 173% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Concentrix to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Concentrix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $67,269.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of Concentrix is held by insiders.Percentage Held by Institutions90.34% of the stock of Concentrix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Concentrix are expected to grow by 11.60% in the coming year, from $11.03 to $12.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Concentrix is 11.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Concentrix is 11.39, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.93.Price to Earnings Growth RatioConcentrix has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioConcentrix has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Concentrix Stock (NASDAQ:CNXC)Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California.Read More CNXC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNXC Stock News HeadlinesApril 7, 2024 | insidertrades.comJane Fogarty Buys 400 Shares of Concentrix Co. (NASDAQ:CNXC) StockApril 4, 2024 | insidertrades.comKathryn Hayley Purchases 379 Shares of Concentrix Co. (NASDAQ:CNXC) StockApril 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 14, 2024 | uk.finance.yahoo.com10 Buy-Rated Stocks with Latest Insider PurchasesApril 13, 2024 | benzinga.comHow Is The Market Feeling About Concentrix?April 7, 2024 | investing.comConcentrix EVP legal buys $24.4k in company stockMarch 29, 2024 | seekingalpha.comConcentrix Corporation (CNXC) Q1 2024 Earnings Call TranscriptMarch 27, 2024 | finanznachrichten.deConcentrix Corporation: Concentrix Reports First Quarter 2024 ResultsApril 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.March 27, 2024 | markets.businessinsider.comConcentrix Positioned for Growth: Strong Q1 Performance and WebHelp Acquisition Synergies Drive Buy RatingMarch 27, 2024 | msn.comConcentrix rises even as BofA downgrades amid worries over revenue, marginsMarch 27, 2024 | msn.comConcentrix Corporation (NASDAQ:CNXC) Q1 2024 Earnings Call TranscriptMarch 27, 2024 | cnbc.comStocks making the biggest moves after hours: GameStop, Concentrix and moreMarch 27, 2024 | msn.comConcentrix Non-GAAP EPS of $2.57 misses by $0.01, revenue of $2.4B beats by $20MMarch 27, 2024 | finance.yahoo.comConcentrix Corp (CNXC) Aligns with EPS Projections and Reports Substantial Revenue Growth in Q1 2024March 26, 2024 | globenewswire.comConcentrix Reports First Quarter 2024 ResultsMarch 22, 2024 | msn.comConcentrix files to sell 13.17M shares of common stock for holdersMarch 20, 2024 | finance.yahoo.comCNXC Apr 2024 50.000 callMarch 19, 2024 | seekingalpha.comConcentrix: AI Doesn't Seem An Imminent Risk And Valuation Is CheapMarch 17, 2024 | msn.comSleeping Giants: 3 Picks With Massive Upside by Mid-DecadeMarch 16, 2024 | finance.yahoo.comCNXC Oct 2024 75.000 putMarch 16, 2024 | finance.yahoo.comCNXC Oct 2024 55.000 callMarch 16, 2024 | finance.yahoo.comCNXC Apr 2024 90.000 putMarch 16, 2024 | finance.yahoo.comCNXC Jul 2024 35.000 putMarch 12, 2024 | finance.yahoo.comCNXC Apr 2024 80.000 putMarch 7, 2024 | globenewswire.comConcentrix Schedules Release of Fiscal First Quarter 2024 Financial Results and Webcast of Investor Conference CallMarch 5, 2024 | globenewswire.comConcentrix Appoints Ryan Peterson as Executive Vice President and Chief Product OfficerSee More Headlines Receive CNXC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Concentrix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/24/2024Ex-Dividend for 2/15 Dividend2/02/2024Dividend Payable2/15/2024Today4/17/2024Ex-Dividend for 5/7 Dividend4/25/2024Dividend Payable5/07/2024Next Earnings (Estimated)6/26/2024Fiscal Year End11/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:CNXC CUSIPN/A CIK1803599 Webwww.concentrix.com Phone800-747-0583FaxN/AEmployees440,000Year FoundedN/APrice Target and Rating Average Stock Price Target$82.25 High Stock Price Target$115.00 Low Stock Price Target$60.00 Potential Upside/Downside+48.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.85 Trailing P/E Ratio11.39 Forward P/E Ratio5.01 P/E Growth0.66Net Income$313.84 million Net Margins3.53% Pretax Margin4.60% Return on Equity17.70% Return on Assets6.23% Debt Debt-to-Equity Ratio1.23 Current Ratio1.56 Quick Ratio1.56 Sales & Book Value Annual Sales$7.88 billion Price / Sales0.46 Cash Flow$14.13 per share Price / Cash Flow3.91 Book Value$62.15 per share Price / Book0.89Miscellaneous Outstanding Shares65,992,000Free Float64,012,000Market Cap$3.65 billion OptionableOptionable Beta0.48 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Christopher A. Caldwell (Age 51)President, CEO & Director Comp: $3.5MMr. Andre S. Valentine (Age 61)Chief Financial Officer Comp: $1.46MMs. Jane C. Fogarty (Age 57)Executive VP of Legal & Corporate Secretary Comp: $912.91kMr. Cormac J. Twomey (Age 54)Executive Vice President of Global Operations & Delivery Comp: $1.22MMs. Winnie SunSenior Vice President of Operations & DeliveryMr. Craig GibsonEVP of Global Sales & Account ManagementMr. David E. SteinVice President of Investor RelationsMs. Debbie GonzalezSenior Vice President of Global Marketing & CommunicationsMr. Jason MarasiganSenior Vice President of Corporate DevelopmentMs. Diane HansonSenior Vice President of People SolutionsMore ExecutivesKey CompetitorsCBIZNYSE:CBZEnvestnetNYSE:ENVWestern UnionNYSE:WUNuveiNASDAQ:NVEIDLocalNASDAQ:DLOView All CompetitorsInsiders & InstitutionsWealth Enhancement Advisory Services LLCBought 2,476 shares on 4/16/2024Ownership: 0.017%Thompson Investment Management Inc.Bought 6,270 shares on 4/15/2024Ownership: 0.010%Alaska Permanent Fund CorpBought 3,049 shares on 4/9/2024Ownership: 0.047%First Hawaiian BankBought 1,846 shares on 4/5/2024Ownership: 0.007%Jane FogartyBought 400 shares on 4/3/2024Total: $24,416.00 ($61.04/share)View All Insider TransactionsView All Institutional Transactions CNXC Stock Analysis - Frequently Asked Questions Should I buy or sell Concentrix stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concentrix in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CNXC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNXC, but not buy additional shares or sell existing shares. View CNXC analyst ratings or view top-rated stocks. What is Concentrix's stock price target for 2024? 4 brokers have issued 12 month target prices for Concentrix's shares. Their CNXC share price targets range from $60.00 to $115.00. On average, they predict the company's stock price to reach $82.25 in the next year. This suggests a possible upside of 48.9% from the stock's current price. View analysts price targets for CNXC or view top-rated stocks among Wall Street analysts. How have CNXC shares performed in 2024? Concentrix's stock was trading at $98.21 at the beginning of 2024. Since then, CNXC shares have decreased by 43.7% and is now trading at $55.25. View the best growth stocks for 2024 here. When is Concentrix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024. View our CNXC earnings forecast. How were Concentrix's earnings last quarter? Concentrix Co. (NASDAQ:CNXC) announced its earnings results on Tuesday, March, 26th. The company reported $2.33 EPS for the quarter, missing the consensus estimate of $2.36 by $0.03. The business earned $2.40 billion during the quarter, compared to analyst estimates of $2.38 billion. Concentrix had a net margin of 3.53% and a trailing twelve-month return on equity of 17.70%. How often does Concentrix pay dividends? What is the dividend yield for Concentrix? Concentrix declared a quarterly dividend on Tuesday, March 26th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.303 per share on Tuesday, May 7th. This represents a $1.21 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from the stock's previous quarterly dividend of $0.30. Read our dividend analysis for CNXC. Is Concentrix a good dividend stock? Concentrix (NASDAQ:CNXC) pays an annual dividend of $1.21 per share and currently has a dividend yield of 2.04%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNXC will have a dividend payout ratio of 9.83% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNXC. What ETFs hold Concentrix's stock? ETFs with the largest weight of Concentrix (NASDAQ:CNXC) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), First Trust Technology AlphaDEX Fund (FXL), First Trust Mid Cap Value AlphaDEX Fund (FNK), Mid Cap US Equity Select ETF (RNMC) and Vanguard U.S. Value Factor (VFVA).Pacer US Cash Cows Growth ETF (BUL). What guidance has Concentrix issued on next quarter's earnings? Concentrix issued an update on its FY 2024 earnings guidance on Tuesday, March, 26th. The company provided EPS guidance of 11.690-12.500 for the period, compared to the consensus earnings per share estimate of 11.960. The company issued revenue guidance of $9.5 billion-$9.7 billion, compared to the consensus revenue estimate of $9.6 billion. When did Concentrix IPO? Concentrix (CNXC) raised $75 million in an IPO on Wednesday, July 1st 2015. The company issued 5,000,000 shares at $15.00 per share. BofA Merrill Lynch, Wells Fargo Securities, Citigroup, Jefferies, Scotia Howard Weil, Credit Suisse, J.P. Morgan, Evercore ISI, BB&T Capital Markets, Goldman, Sachs, The Huntington Investment Company, Stifel and Nomura acted as the underwriters for the IPO and Clarksons Platou Securities, Cowen and Company and Tuohy Brothers were co-managers. Who are Concentrix's major shareholders? Concentrix's stock is owned by many different retail and institutional investors. Top institutional investors include Alaska Permanent Fund Corp (0.05%), Wealth Enhancement Advisory Services LLC (0.02%), Thompson Investment Management Inc. (0.01%) and First Hawaiian Bank (0.01%). Insiders that own company stock include Andre S Valentine, Ann F Vezina, Cormac J Twomey, Dennis Polk, Jane Fogarty, Kathryn Hayley, Matthew J Cox, Matthew Miau, Richard Rosso and Star Developments Ltd Silver. View institutional ownership trends. How do I buy shares of Concentrix? Shares of CNXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CNXC) was last updated on 4/18/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeUrgent alert: open this for a huge profit potentialTimothy SykesTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBiden out June 13; Kamala won’t replace him?Paradigm PressYour Money is Not SafeAmerican Alternative Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Concentrix Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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