Concentrix Corporation (NASDAQ:CNXC) Receives $63.75 Consensus PT from Brokerages

Shares of Concentrix Corporation (NASDAQ:CNXC) have earned a consensus rating of “Hold” from the five brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $63.75.

A number of brokerages recently issued reports on CNXC. Barrington Research reissued an “outperform” rating and issued a $62.00 price objective on shares of Concentrix in a report on Monday, January 12th. Weiss Ratings lowered Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, January 29th. Robert W. Baird set a $52.00 price target on Concentrix in a report on Wednesday, January 14th. Finally, Wall Street Zen cut shares of Concentrix from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th.

Concentrix Stock Down 5.9%

CNXC stock opened at $37.31 on Friday. The stock has a market cap of $2.30 billion, a PE ratio of -1.79, a price-to-earnings-growth ratio of 0.42 and a beta of 0.50. The firm’s 50-day simple moving average is $40.20 and its 200 day simple moving average is $44.95. Concentrix has a fifty-two week low of $31.63 and a fifty-two week high of $66.00. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 1.67.

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 negative net margin of 13.02% and a positive return on equity of 16.91%. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same period in the previous year, the business posted $3.26 EPS. Concentrix’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. As a group, sell-side analysts predict that Concentrix will post 10.11 EPS for the current year.

Concentrix Dividend Announcement

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 given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, January 30th. Concentrix’s payout ratio is -6.91%.

Insider Buying and Selling at Concentrix

In related news, CEO Christopher A. Caldwell purchased 1,000 shares of Concentrix stock in a transaction dated Thursday, January 29th. The stock was bought at an average cost of $37.07 per share, with a total value of $37,070.00. Following the purchase, the chief executive officer owned 362,075 shares in the company, valued at approximately $13,422,120.25. The trade was a 0.28% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Concentrix

A number of institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its position in shares of Concentrix by 13.4% during the 2nd quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock valued at $118,000 after purchasing an additional 263 shares during the period. Earned Wealth Advisors LLC boosted its stake in Concentrix by 6.4% during the second quarter. Earned Wealth Advisors LLC now owns 4,488 shares of the company’s stock valued at $237,000 after buying an additional 269 shares in the last quarter. True Wealth Design LLC grew its holdings 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 acquiring an additional 328 shares during the period. Clearstead Advisors LLC raised its position in Concentrix by 26.4% in the third quarter. Clearstead Advisors LLC now owns 1,650 shares of the company’s stock worth $76,000 after acquiring an additional 345 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised 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 acquiring an additional 351 shares in the last quarter. 90.34% of the stock is currently owned by institutional investors and hedge funds.

About Concentrix

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.