Concentrix Corporation (NASDAQ:CNXC – Get Free Report) declared a quarterly dividend on Tuesday, March 24th. Stockholders of record on Friday, April 24th will be paid a dividend of 0.36 per share on Tuesday, May 5th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Friday, April 24th.
Concentrix has a payout ratio of 11.3% meaning its dividend is sufficiently covered by earnings.
Concentrix Price Performance
NASDAQ:CNXC opened at $24.67 on Thursday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.18 and a quick ratio of 1.40. The company has a 50 day moving average price of $35.01 and a 200-day moving average price of $40.22. Concentrix has a 1-year low of $24.27 and a 1-year high of $66.00. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of -1.14, a price-to-earnings-growth ratio of 0.28 and a beta of 0.50.
Trending Headlines about Concentrix
Here are the key news stories impacting Concentrix this week:
- Positive Sentiment: Top-line growth and steady outlook — Revenue rose 5.4% year-over-year to $2.50B and the company maintained full‑year 2026 revenue and non‑GAAP EPS ranges, showing underlying demand. Concentrix Reports First Quarter 2026 Results
- Positive Sentiment: Dividend retained — Board declared a $0.36 quarterly dividend (≈5.3% yield), which supports income-oriented holders. Dividend Announcement
- Neutral Sentiment: Share repurchase program ongoing — Company repurchased ~1M shares in Q1 at an average ~$40 and still has ~$396.6M authorization remaining (timing/opportunistic). Q1 Results / Buybacks
- Neutral Sentiment: Some analysts still rate CNXC a buy/outperform despite cuts to price targets — Barrington, Canaccord and Baird trimmed targets but kept bullish stances, leaving mixed signals for investors. Analyst Price Target Changes — Benzinga
- Negative Sentiment: EPS miss and margin compression — Reported GAAP diluted EPS collapsed to $0.33; non‑GAAP EPS missed by ~$0.04. Operating income fell ~30% year-over-year and adjusted EBITDA/margins declined, signaling meaningful profit pressure. Q1 Results — Financials
- Negative Sentiment: Weak cash flow — Operating cash flow was negative and adjusted free cash flow was a use (~$145M), heightening leverage and execution concerns during a costly AI transition. Q1 Cash Flow Summary — QuiverQuant
- Negative Sentiment: Cautious guidance & margin worries drove the sell‑off — Coverage cites a margin squeeze and conservative near‑term guidance as the primary reasons for sharp share weakness. Why Concentrix Is Down — Yahoo Finance
- Negative Sentiment: Investor sentiment weakened — Some research and commentary downgraded conviction (Seeking Alpha downgrade / cautious op-eds) and the stock hit a one‑year low after the print. Seeking Alpha Downgrade New 1-Year Low — AmericanBankingNews
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.
Further Reading
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