Convergys (CVG) Scheduled to Post Earnings on Wednesday

Convergys (NYSE:CVG) is scheduled to be releasing its earnings data after the market closes on Wednesday, February 21st. Analysts expect Convergys to post earnings of $0.45 per share for the quarter.

Convergys (NYSE CVG) opened at $21.47 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.60 and a current ratio of 2.60. Convergys has a 52 week low of $20.15 and a 52 week high of $26.66. The company has a market cap of $1,991.48, a PE ratio of 16.55, a price-to-earnings-growth ratio of 1.30 and a beta of 1.02.

In other Convergys news, Director Jeffrey H. Fox sold 25,000 shares of Convergys stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $23.77, for a total transaction of $594,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrea J. Ayers sold 30,000 shares of Convergys stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $24.15, for a total transaction of $724,500.00. The disclosure for this sale can be found here. 1.70% of the stock is owned by company insiders.

A number of brokerages have commented on CVG. Robert W. Baird reaffirmed a “hold” rating and set a $28.00 target price on shares of Convergys in a research note on Tuesday, October 24th. Barrington Research began coverage on shares of Convergys in a research note on Tuesday, October 17th. They set a “market perform” rating on the stock. ValuEngine downgraded shares of Convergys from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Zacks Investment Research downgraded shares of Convergys from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Finally, Citigroup reduced their target price on shares of Convergys from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Friday, November 10th. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Convergys currently has an average rating of “Hold” and an average target price of $26.00.

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Convergys Company Profile

Convergys 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.

Earnings History for Convergys (NYSE:CVG)

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