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Concentrix (CNXC)
NASDAQ:CNXC
Concentrix (CNXC) Stock Price & Analysis
235 Followers
CNXC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$53.87 - $105.18
Previous Close$63.78
Volume631.36K
Average Volume (3M)514.52K
Market Cap
$4.21B
Enterprise Value$9.01B
Total Cash (Recent Filing)$234.79M
Total Debt (Recent Filing)$5.04B
Price to Earnings (P/E)14.7
Beta1.06
Next Earnings
Sep 25, 2024EPS Estimate
$2.93Next Dividend Ex-Date
Jul 26, 2024Dividend Yield1.87%
Share Statistics
EPS (TTM)4.33
Shares Outstanding65,991,915
10 Day Avg. Volume498,667
30 Day Avg. Volume514,523
Standard Deviation0.11
R-Squared0.09
Alpha-0.00672
Financial Highlights & Ratios
Price to Book (P/B)-1.11
Price to Sales (P/S)1.79
Price to Cash Flow (P/CF)-21.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.14
Enterprise Value/Gross Profit3.50
Enterprise Value/Ebitda1.95
Forecast
1Y Price Target
$89.75Price Target Upside36.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Concentrix News
Bulls Say, Bears Say
Bulls Say
AI And TechnologyManagement cited several new, large, transformational client wins where CNXC's leading AI expertise was key to winning the business.
Revenue GrowthRevenue from retail, travel, and e-commerce grew 84%, technology and consumer electronics grew 31%, and banking, financial services, and insurance grew 44%.
Strategic InvestmentsConcentrix is increasing investments in technology platforms and Gen AI proof of concepts with clients.
Bears Say
EarningsThe EPS mid-point of $2.90 is lower than the market expectation of $3.21.
ForecastsAdjusted EBITDA for fiscal Q2/24 missed forecasts, coming in at $379.6 million, which was below both the forecast and the FactSet consensus.
MarginsInvesting for growth will pressure margins, leading to lower EPS estimates.
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Ownership Overview
35.73% Insiders
32.69% Mutual Funds
17.46% Other Institutional Investors
14.13% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CNXC FAQ
What was Concentrix’s price range in the past 12 months?
Concentrix lowest stock price was $53.87 and its highest was $105.17 in the past 12 months.
What is Concentrix’s market cap?
Currently, no data Available
When is Concentrix’s upcoming earnings report date?
Concentrix’s upcoming earnings report date is Sep 25, 2024 which is in 84 days.
How were Concentrix’s earnings last quarter?
Concentrix released its earnings results on Jun 26, 2024. The company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.626 by $0.064.
Is Concentrix overvalued?
According to Wall Street analysts Concentrix’s price is currently Undervalued.
Does Concentrix pay dividends?
Concentrix pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 1.87%. See more information on Concentrix dividends here
What is Concentrix’s EPS estimate?
Concentrix’s EPS estimate is $2.93.
How many shares outstanding does Concentrix have?
Concentrix has 65,991,910 shares outstanding.
What happened to Concentrix’s price movement after its last earnings report?
Concentrix reported an EPS of $2.69 in its last earnings report, beating expectations of $2.626. Following the earnings report the stock price went up 8.187%.
Which hedge fund is a major shareholder of Concentrix?
Among the largest hedge funds holding Concentrix’s share is Pzena Investment Management LLC. It holds Concentrix’s shares valued at 67M.
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Concentrix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$89.75 (36.09% Upside)
$89.75 (36.09% Upside)
Blogger Sentiment
Bullish
CNXC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 628.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $98.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.75%
12-Months-Change
Fundamentals
Return on Equity
7.45%
Trailing 12-Months
Asset Growth
84.13%
Trailing 12-Months
Company Description
Concentrix
Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end solutions that facilitate communication between clients and their customers, provide analytics and process optimization, and support client-centric operations and back-office processing across the enterprise. The solutions are provided in four complementary areas: Customer Lifecycle Management; CX/UX Strategy and Design; Digital Transformation; and VOC and Analytics. Also, the company provides insurance solutions, marketing solutions, and automation solutions.
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CNXC Earnings Call
Q2 2024
0:00 / 0:00
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CNXC Revenue Breakdown
31.00% Technology and consumer electronics
20.36% Retail, travel and ecommerce
15.71% Communications and media
15.35% Banking, financial services and insurance
17.58% Other
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CNXC Stock 12 Month Forecast
Average Price Target
$89.75
▲(36.09% Upside)
Technical Analysis
Best Analysts Covering CNXC
1 Year
1 Year Success Rate
1/19 ratings generated profit
1 Year Average Return
-25.38%
reiterated a buy rating 6 days ago
Copying Vincent Colicchio's trades and holding each position for 1 Year would result in 5.26% of your transactions generating a profit, with an average return of -25.38% per trade.
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