Concentrix Corporation (NASDAQ:CNXC) Receives $63.75 Average Target Price from Analysts

Concentrix Corporation (NASDAQ:CNXC) has been given an average recommendation of “Hold” by the five ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $63.75.

A number of equities research analysts recently issued reports on CNXC shares. Robert W. Baird set a $52.00 price objective on shares of Concentrix in a report on Wednesday, January 14th. Weiss Ratings cut shares of Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, January 29th. Wall Street Zen upgraded shares of Concentrix from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $62.00 price target on shares of Concentrix in a research report on Monday, January 12th.

Insider Buying and Selling at Concentrix

In other Concentrix news, CEO Christopher A. Caldwell purchased 1,000 shares of the stock in a transaction dated Thursday, January 29th. The stock was acquired at an average cost of $37.07 per share, for a total transaction of $37,070.00. Following the acquisition, the chief executive officer owned 362,075 shares in the company, valued at $13,422,120.25. This trade represents a 0.28% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. increased 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 valued at $118,000 after acquiring an additional 263 shares during the last quarter. Earned Wealth Advisors LLC boosted its position in shares of Concentrix by 6.4% during the 2nd quarter. Earned Wealth Advisors LLC now owns 4,488 shares of the company’s stock worth $237,000 after purchasing an additional 269 shares during the period. State of Wyoming increased its holdings 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 purchasing an additional 293 shares during the last quarter. Deutsche Bank AG raised its position in Concentrix by 4.7% in the fourth quarter. Deutsche Bank AG now owns 6,767 shares of the company’s stock valued at $281,000 after purchasing an additional 303 shares during the period. Finally, True Wealth Design LLC lifted its stake in Concentrix by 39.3% during the second quarter. True Wealth Design LLC now owns 1,163 shares of the company’s stock worth $61,000 after purchasing an additional 328 shares in the last quarter. Institutional investors and hedge funds own 90.34% of the company’s stock.

Concentrix Price Performance

CNXC stock opened at $32.80 on Thursday. Concentrix has a 1 year low of $29.35 and a 1 year high of $66.00. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.40 and a quick ratio of 1.40. The firm has a market capitalization of $2.01 billion, a PE ratio of -1.57, a price-to-earnings-growth ratio of 0.34 and a beta of 0.50. The business has a 50 day simple moving average of $38.61 and a 200-day simple moving average of $42.60.

Concentrix (NASDAQ:CNXC) last released its quarterly earnings data on Tuesday, January 13th. The company reported $2.95 earnings per share for the quarter, topping 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 company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same quarter in the previous year, the company posted $3.26 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. Concentrix has set its Q1 2026 guidance at 2.570-2.690 EPS and its FY 2026 guidance at 11.480-12.070 EPS. Equities research analysts anticipate that Concentrix will post 10.11 earnings per share for the current fiscal year.

Concentrix Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th were given a $0.36 dividend. The ex-dividend date was Friday, January 30th. This represents a $1.44 dividend on an annualized basis and a yield of 4.4%. Concentrix’s payout ratio is currently -6.91%.

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.