Concentrix Co. (NASDAQ:CNXC – Free Report) – Investment analysts at Barrington Research issued their Q2 2025 earnings per share estimates for Concentrix in a research note issued on Thursday, March 27th. Barrington Research analyst V. Colicchio anticipates that the company will post earnings per share of $2.50 for the quarter. Barrington Research has a “Outperform” rating and a $54.00 price target on the stock. The consensus estimate for Concentrix’s current full-year earnings is $10.11 per share. Barrington Research also issued estimates for Concentrix’s Q3 2025 earnings at $2.61 EPS, Q4 2025 earnings at $2.71 EPS and FY2026 earnings at $11.21 EPS.
A number of other equities research analysts have also recently commented on CNXC. Canaccord Genuity Group dropped their target price on Concentrix from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Bank of America increased their price target on Concentrix from $58.00 to $59.00 and gave the stock a “neutral” rating in a research report on Thursday, March 27th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Concentrix currently has an average rating of “Buy” and an average target price of $69.60.
Concentrix Stock Down 2.9 %
CNXC opened at $54.03 on Monday. The company has a fifty day moving average of $48.27 and a two-hundred day moving average of $47.29. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 0.63 and a beta of 0.69. Concentrix has a fifty-two week low of $36.28 and a fifty-two week high of $77.00. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 1.42.
Concentrix (NASDAQ:CNXC – Get Free Report) last posted its earnings results on Wednesday, March 26th. The company reported $2.79 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.21. Concentrix had a net margin of 2.61% and a return on equity of 16.67%. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same period in the previous year, the firm earned $2.57 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis.
Concentrix Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Friday, April 25th will be paid a dividend of $0.3328 per share. The ex-dividend date of this dividend is Friday, April 25th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.46%. Concentrix’s dividend payout ratio is currently 33.33%.
Insider Transactions at Concentrix
In related news, EVP Cormac J. Twomey sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $55.60, for a total transaction of $27,800.00. Following the completion of the sale, the executive vice president now directly owns 41,111 shares in the company, valued at approximately $2,285,771.60. The trade was a 1.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.20% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC grew its holdings in shares of Concentrix by 81.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 638 shares of the company’s stock worth $28,000 after buying an additional 286 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Concentrix by 0.3% during the 4th quarter. Rhumbline Advisers now owns 128,617 shares of the company’s stock worth $5,565,000 after purchasing an additional 324 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of Concentrix by 58.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,201 shares of the company’s stock valued at $52,000 after purchasing an additional 444 shares in the last quarter. Xponance Inc. increased its holdings in shares of Concentrix by 8.9% in the fourth quarter. Xponance Inc. now owns 5,540 shares of the company’s stock valued at $240,000 after purchasing an additional 455 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in Concentrix by 159.6% during the fourth quarter. Venturi Wealth Management LLC now owns 797 shares of the company’s stock worth $34,000 after buying an additional 490 shares in the last quarter. Hedge funds and other institutional investors own 90.34% of the company’s stock.
Concentrix Company Profile
Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications.
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