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

Shares of Concentrix Corporation (NASDAQ:CNXC) have earned an average rating of “Hold” from the five research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $63.75.

CNXC has been the topic of several recent analyst reports. Weiss Ratings cut Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, January 29th. Wall Street Zen raised Concentrix from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Barrington Research restated an “outperform” rating and set a $62.00 target price on shares of Concentrix in a report on Tuesday, March 17th. Finally, Robert W. Baird set a $52.00 price target on shares of Concentrix in a research note on Wednesday, January 14th.

Concentrix Stock Performance

Shares of Concentrix stock opened at $31.52 on Monday. The company has a market capitalization of $1.93 billion, a PE ratio of -1.51, a PEG ratio of 0.33 and a beta of 0.50. Concentrix has a 12 month low of $29.35 and a 12 month high of $66.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.67. The stock’s fifty day simple moving average is $35.74 and its 200 day simple moving average is $40.66.

Concentrix (NASDAQ:CNXC) last posted its earnings results on Tuesday, January 13th. The company reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm 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 firm earned $3.26 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. Concentrix has set its Q1 2026 guidance at 2.570-2.690 EPS and its FY 2026 guidance at 11.480-12.070 EPS. On average, research analysts predict that Concentrix will post 10.11 EPS for the current year.

Concentrix Dividend Announcement

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

Insider Buying and Selling

In related news, CEO Christopher A. Caldwell acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were acquired at an average cost of $37.07 per share, with a total value of $37,070.00. Following the transaction, the chief executive officer owned 362,075 shares of the company’s stock, valued at $13,422,120.25. The trade was a 0.28% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of Concentrix

Several hedge funds and other institutional investors have recently modified their holdings of CNXC. Osaic Holdings Inc. boosted its position in shares of Concentrix by 13.4% during the second quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock worth $118,000 after buying an additional 263 shares during the period. State of Wyoming raised its position in Concentrix by 6.2% in the 4th quarter. State of Wyoming now owns 5,029 shares of the company’s stock valued at $209,000 after buying an additional 293 shares during the last quarter. Deutsche Bank AG raised its position in Concentrix by 4.7% in the 4th quarter. Deutsche Bank AG now owns 6,767 shares of the company’s stock valued at $281,000 after buying an additional 303 shares during the last quarter. Clearstead Advisors LLC lifted its stake in Concentrix by 26.4% in the 3rd quarter. Clearstead Advisors LLC now owns 1,650 shares of the company’s stock valued at $76,000 after acquiring an additional 345 shares in the last quarter. Finally, Brevan Howard Capital Management LP lifted its stake in Concentrix by 4.5% in the 2nd quarter. Brevan Howard Capital Management LP now owns 8,951 shares of the company’s stock valued at $473,000 after acquiring an additional 384 shares in the last quarter. Institutional investors and hedge funds own 90.34% of the company’s stock.

Concentrix Company Profile

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.