Concentrix Corporation (NASDAQ:CNXC) Given Average Recommendation of “Hold” by Brokerages

Shares of Concentrix Corporation (NASDAQ:CNXC) have received a consensus recommendation of “Hold” from the five ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $63.75.

Several research firms have recently issued reports on CNXC. Robert W. Baird set a $52.00 target price on Concentrix in a report on Wednesday, January 14th. Weiss Ratings downgraded shares of Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, January 29th. Barrington Research restated an “outperform” rating and issued a $62.00 target price on shares of Concentrix in a research report on Monday, January 12th. Finally, Wall Street Zen upgraded shares of Concentrix from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th.

Insider Activity

In other Concentrix news, CEO Christopher A. Caldwell purchased 1,000 shares of the stock in a transaction dated Thursday, January 29th. The stock was bought at an average price of $37.07 per share, with a total value of $37,070.00. Following the acquisition, the chief executive officer owned 362,075 shares of the company’s stock, valued at approximately $13,422,120.25. This represents a 0.28% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. boosted its stake in shares of Concentrix by 13.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock valued at $118,000 after purchasing an additional 263 shares in the last quarter. Earned Wealth Advisors LLC grew its position in shares of Concentrix by 6.4% in the 2nd quarter. Earned Wealth Advisors LLC now owns 4,488 shares of the company’s stock valued at $237,000 after buying an additional 269 shares during the last quarter. State of Wyoming raised its stake in Concentrix by 6.2% during the fourth quarter. State of Wyoming now owns 5,029 shares of the company’s stock worth $209,000 after buying an additional 293 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Concentrix by 4.7% during the 4th quarter. Deutsche Bank AG now owns 6,767 shares of the company’s stock worth $281,000 after buying an additional 303 shares in the last quarter. Finally, True Wealth Design LLC boosted its position in shares of Concentrix by 39.3% during the 2nd quarter. True Wealth Design LLC now owns 1,163 shares of the company’s stock worth $61,000 after purchasing an additional 328 shares in the last quarter. Institutional investors and hedge funds own 90.34% of the company’s stock.

Concentrix Stock Performance

Shares of NASDAQ:CNXC opened at $31.24 on Thursday. Concentrix has a 12-month low of $29.35 and a 12-month high of $66.00. The company’s 50 day moving average price is $38.95 and its two-hundred day moving average price is $42.79. The firm has a market cap of $1.92 billion, a PE ratio of -1.50, a PEG ratio of 0.32 and a beta of 0.50. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 1.67.

Concentrix (NASDAQ:CNXC) last issued its quarterly earnings results on Tuesday, January 13th. The company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.02. Concentrix had a positive return on equity of 16.91% and a negative net margin of 13.02%.The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same period in the previous year, the company posted $3.26 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. Concentrix has set its Q1 2026 guidance at 2.570-2.690 EPS and its FY 2026 guidance at 11.480-12.070 EPS. Equities research analysts predict that Concentrix will post 10.11 earnings per share for the current year.

Concentrix Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, January 30th. Concentrix’s dividend payout ratio (DPR) is currently -6.91%.

About Concentrix

Concentrix Inc (NASDAQ: CNXC) is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.

Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.