Analysts Set Concentrix Corporation (NASDAQ:CNXC) PT at $63.75

Shares of Concentrix Corporation (NASDAQ:CNXC) have been given a consensus rating of “Hold” by the five analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $63.75.

CNXC has been the subject of a number of recent analyst reports. Robert W. Baird set a $52.00 price objective on Concentrix in a research note on Wednesday, January 14th. Wall Street Zen downgraded Concentrix from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Barrington Research reaffirmed an “outperform” rating and set a $62.00 price objective on shares of Concentrix in a report on Monday, January 12th. Finally, Weiss Ratings downgraded shares of Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, January 29th.

Insider Activity at Concentrix

In other news, CEO Christopher A. Caldwell acquired 1,000 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was purchased at an average price of $37.07 per share, for a total transaction of $37,070.00. Following the completion of the transaction, the chief executive officer directly owned 362,075 shares in the company, valued at approximately $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 through the SEC website. 3.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Concentrix

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CNXC. Osaic Holdings Inc. increased its stake in Concentrix by 13.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock worth $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 valued at $237,000 after acquiring an additional 269 shares during the last quarter. True Wealth Design LLC grew its holdings in shares of Concentrix by 39.3% in the second quarter. True Wealth Design LLC now owns 1,163 shares of the company’s stock valued at $61,000 after purchasing an additional 328 shares in the last quarter. Clearstead Advisors LLC grew its holdings in shares of Concentrix by 26.4% in the third quarter. Clearstead Advisors LLC now owns 1,650 shares of the company’s stock valued at $76,000 after purchasing an additional 345 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in Concentrix by 23.9% in the second quarter. Parkside Financial Bank & Trust now owns 1,818 shares of the company’s stock worth $96,000 after purchasing an additional 351 shares during the last quarter. 90.34% of the stock is owned by institutional investors.

Concentrix Stock Performance

CNXC opened at $37.46 on Friday. The company has a 50 day simple moving average of $40.30 and a two-hundred day simple moving average of $44.86. 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 cap of $2.31 billion, a P/E ratio of -1.80, a PEG ratio of 0.41 and a beta of 0.50. Concentrix has a 1-year low of $31.63 and a 1-year high of $66.00.

Concentrix (NASDAQ:CNXC) last released its earnings results on Tuesday, January 13th. The company reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.93 by $0.02. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.54 billion. Concentrix had a negative net margin of 13.02% and a positive return on equity of 16.91%. Concentrix’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.26 EPS. 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 analysts forecast that Concentrix will post 10.11 earnings per share for the current fiscal year.

Concentrix Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be paid a $0.36 dividend. The ex-dividend date is Friday, January 30th. This represents a $1.44 annualized dividend and a yield of 3.8%. Concentrix’s payout ratio is presently -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.