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Concentrix (CNXC)
NASDAQ:CNXC
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CNXC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.28 - $106.10
Previous Close$39.56
Volume646.92K
Average Volume (3M)769.06K
Market Cap
$2.84B
Enterprise Value$7.23B
Total Cash (Recent Filing)$246.24M
Total Debt (Recent Filing)$4.91B
Price to Earnings (P/E)12.8
Beta0.98
Next Earnings
Jan 15, 2025EPS Estimate
$3.07Last Dividend Ex-Date
Oct 25, 2024Dividend Yield3.12%
Share Statistics
EPS (TTM)3.09
Shares Outstanding64,818,749
10 Day Avg. Volume684,316
30 Day Avg. Volume769,056
Standard Deviation0.12
R-Squared0.07
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.62
Price to Sales (P/S)0.26
Price to Cash Flow (P/CF)3.20
P/FCF Ratio3.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.77
Enterprise Value/Gross Profit2.80
Enterprise Value/Ebitda1.51
Forecast
1Y Price Target
$79.00Price Target Upside80.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Concentrix News
PremiumCompany Announcements
Concentrix Holds Special Meeting to Amend Charter
Bulls Say, Bears Say
Bulls Say
AI And Technology SolutionsThe company has a solid revenue pipeline for artificial intelligence (AI) and technology-led solutions and is well positioned to gain share in coming quarters due to its broad service portfolio and geographic scale.
Financial PerformanceHigh quality of earnings and free cash flow, with an average of 89% FCF conversion of adjusted net income over the past five years.
Shareholder ReturnsCNXC raised its quarterly dividend by 10% and repurchased $39.1 million of shares during F3Q24.
Bears Say
Earnings PerformanceConcentrix reported fiscal Q3/24 non-GAAP EPS of $2.87, which was less than the forecast of $2.90 and the FactSet consensus forecast of $2.93.
GenAI Displacement RiskGenAI is a risk as it could displace agent interactions, with surveys indicating about 25% likely to be displaced.
Revenue ConcentrationTop five clients account for 22% of revenue, posing a concentration risk.
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Ownership Overview
3.02% Insiders
24.07% Mutual Funds
24.95% Other Institutional Investors
30.22% 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 $36.28 and its highest was $106.10 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 Jan 15, 2025 which is in 53 days.
How were Concentrix’s earnings last quarter?
Concentrix released its earnings results on Sep 25, 2024. The company reported $2.87 earnings per share for the quarter, missing the consensus estimate of $2.903 by -$0.033.
Is Concentrix overvalued?
According to Wall Street analysts Concentrix’s price is currently Undervalued.
Does Concentrix pay dividends?
Concentrix pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 3.12%. See more information on Concentrix dividends here
What is Concentrix’s EPS estimate?
Concentrix’s EPS estimate is $3.07.
How many shares outstanding does Concentrix have?
Concentrix has 64,818,750 shares outstanding.
What happened to Concentrix’s price movement after its last earnings report?
Concentrix reported an EPS of $2.87 in its last earnings report, missing expectations of $2.903. Following the earnings report the stock price went down -18.999%.
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 75M.
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Concentrix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$79.00 (80.28% Upside)
$79.00 (80.28% Upside)
Blogger Sentiment
Bullish
CNXC Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 269.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $517.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.4%
Last 30 Days ▲ 26.0%
Last 30 Days ▲ 26.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-56.42%
12-Months-Change
Fundamentals
Return on Equity
5.61%
Trailing 12-Months
Asset Growth
44.48%
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
Q3 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
$79.00
▲(80.28% Upside)
Technical Analysis
Best Analysts Covering CNXC
1 Year
1 Year Success Rate
0/20 ratings generated profit
1 Year Average Return
-31.78%
reiterated a buy rating 2 months ago
Copying Vincent Colicchio's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -31.78% per trade.
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