Is Concentrix Stock a Good Investment?

Concentrix Investment Advice

CNXC

To provide specific investment advice or recommendations on Concentrix stock, we recommend investors consider the following general factors when evaluating Concentrix. This will help you to make an informed decision on whether to include Concentrix in one of your diversified portfolios:

Examine Concentrix's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Concentrix's leadership team and their track record. Good management can help Concentrix navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Data Processing & Outsourced Services space and any emerging trends that could impact Concentrix's business and its evolving consumer preferences.
Compare Concentrix's performance and market position to its competitors. Analyze how Concentrix is positioned in terms of product offerings, innovation, and market share.
Check if Concentrix pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Concentrix's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Concentrix stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Concentrix is a good investment.

Sell

Buy

Cautious Hold

Concentrix advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Concentrix is not overpriced, please confirm all Concentrix fundamentals, including its cash per share, price to earnings to growth, and the relationship between the gross profit and book value per share . Given that Concentrix has a price to earning of 18.54 X, we suggest you to validate Concentrix market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Over hyped	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Almost mirrors the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Concentrix Stock

Researching Concentrix's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.7. Some equities with similar Price to Book (P/B) outperform the market in the long run. Concentrix has Price/Earnings To Growth (PEG) ratio of 0.36. The entity last dividend was issued on the 25th of October 2024.

To determine if Concentrix is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Concentrix's research are outlined below:

	Concentrix generated a negative expected return over the last 90 days
	Concentrix has high historical volatility and very poor performance
	Over 85.0% of the company shares are held by institutions such as insurance companies
	On 5th of November 2024 Concentrix paid $ 0.3328 per share dividend to its current shareholders
	Latest headline from gurufocus.com: Concentrix Corp Trading 10.09 percent Higher on Nov 22

Concentrix Quarterly Good Will

5.08 Billion

Concentrix uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Concentrix. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Concentrix's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	3rd of April 2024 Upcoming Quarterly Report	View
	26th of June 2024 Next Financial Report	View
	29th of February 2024 Next Fiscal Quarter End	View
	22nd of January 2025 Next Fiscal Year End	View
	30th of November 2023 Last Quarter Report	View
	30th of November 2023 Last Financial Announcement	View

Earnings surprises can significantly impact Concentrix's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Concentrix's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2021-09-27	2021-08-31	2.24	2.49	0.25		11
2022-01-18	2021-11-30	2.71	2.99	0.28		10

Know Concentrix's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Concentrix is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Concentrix backward and forwards among themselves. Concentrix's institutional investor refers to the entity that pools money to purchase Concentrix's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Morgan Stanley - Brokerage Accounts	2024-06-30	1.1 M
Copeland Capital Management, Llc	2024-09-30	1 M
Geode Capital Management, Llc	2024-09-30	878.1 K
Dimensional Fund Advisors, Inc.	2024-09-30	866.7 K
Aqr Capital Management Llc	2024-06-30	813.9 K
Deprince Race & Zollo Inc	2024-09-30	649.7 K
Paradigm Capital Management, Inc.	2024-06-30	623.5 K
Charles Schwab Investment Management Inc	2024-09-30	600.7 K
Bank Of New York Mellon Corp	2024-06-30	532.8 K
Groupe Bruxelles Lambert Sa	2024-09-30	8.8 M
Fmr Inc	2024-09-30	5.6 M

Note, although Concentrix's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Concentrix's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.91 B.

Market Cap

0.0 Concentrix's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.06	0.07
Return On Capital Employed	0.07	0.08
Return On Assets	0.02	0.03
Return On Equity	0.07	0.08

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Determining Concentrix's profitability involves analyzing its financial statements and using various financial metrics to determine if Concentrix is a good buy. For example, gross profit margin measures Concentrix's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Concentrix's profitability and make more informed investment decisions.

Please note, the presentation of Concentrix's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Concentrix's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Concentrix's management manipulating its earnings.

Evaluate Concentrix's management efficiency

Concentrix has return on total asset (ROA) of 0.0461 % which means that it generated a profit of $0.0461 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.058 %, meaning that it created $0.058 on every $100 dollars invested by stockholders. Concentrix's management efficiency ratios could be used to measure how well Concentrix manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.07. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Concentrix's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 11.6 B, whereas Non Currrent Assets Other are forecasted to decline to about 533.9 M.

	Last Reported	Projected for Next Year
Book Value Per Share	69.31	37.22
Tangible Book Value Per Share	(79.95)	(75.95)
Enterprise Value Over EBITDA	11.48	12.64
Price Book Value Ratio	1.40	2.66
Enterprise Value Multiple	11.48	12.64
Price Fair Value	1.40	2.66

The management strategies employed by Concentrix's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.

Dividend Yield

0.0296

Forward Dividend Yield

0.0296

Forward Dividend Rate

1.33

Beta

0.674

Basic technical analysis of Concentrix Stock

As of the 30th of November, Concentrix shows the Standard Deviation of 3.49, risk adjusted performance of (0.14), and Mean Deviation of 2.14. Concentrix technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Concentrix's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Concentrix insiders, such as employees or executives, is commonly permitted as long as it does not rely on Concentrix's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Concentrix insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Cormac Twomey over two weeks ago Disposition of 400 shares by Cormac Twomey of Concentrix at 74.63 subject to Rule 16b-3
		Craig Gibson over three weeks ago Acquisition by Craig Gibson of 5096 shares of Concentrix subject to Rule 16b-3
		Craig Gibson over a month ago Disposition of 1403 shares by Craig Gibson of Concentrix at 44.52 subject to Rule 16b-3
		Cormac Twomey over two months ago Disposition of 1544 shares by Cormac Twomey of Concentrix at 51.38 subject to Rule 16b-3
		Cormac Twomey over three months ago Disposition of 400 shares by Cormac Twomey of Concentrix at 74.63 subject to Rule 16b-3
		Cormac Twomey over three months ago Disposition of 400 shares by Cormac Twomey of Concentrix at 55.01 subject to Rule 16b-3
		Council Laverne H over three months ago Acquisition by Council Laverne H of 2780 shares of Concentrix subject to Rule 16b-3
		Polk Dennis over three months ago Acquisition by Polk Dennis of 1482 shares of Concentrix subject to Rule 16b-3
		Cormac Twomey over six months ago Disposition of 400 shares by Cormac Twomey of Concentrix at 61.28 subject to Rule 16b-3
		Polk Dennis over six months ago Disposition of 5255 shares by Polk Dennis of Concentrix at 140.481 subject to Rule 16b-3
		Craig Gibson over six months ago Acquisition by Craig Gibson of 5096 shares of Concentrix subject to Rule 16b-3
		Cormac Twomey over six months ago Disposition of 400 shares by Cormac Twomey of Concentrix at 55.01 subject to Rule 16b-3

Concentrix's Outstanding Corporate Bonds

Concentrix issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Concentrix uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Concentrix bonds can be classified according to their maturity, which is the date when Concentrix has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Dana 575 percent Corp Bond US235822AB96	View
	Volcan Compania Minera Corp Bond USP98047AC08	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	HSBC Holdings PLC Corp Bond US404280DR76	View
	MPLX LP 52 Corp Bond US55336VAL45	View
	Morgan Stanley 3591 Corp Bond US61744YAK47	View
	MGM Resorts International Corp Bond US552953CD18	View

View All Concentrix Corporate Bonds

Understand Concentrix's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Concentrix's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.14)
	Market Risk Adjusted Performance	(0.65)
	Mean Deviation	2.14
	Coefficient Of Variation	(505.40)
	Standard Deviation	3.49
	Variance	12.2
	Information Ratio	(0.24)
	Jensen Alpha	(0.84)
	Total Risk Alpha	(1.28)
	Treynor Ratio	(0.66)
	Maximum Drawdown	20.77
	Value At Risk	(4.17)
	Potential Upside	3.42
	Skewness	(1.59)
	Kurtosis	12.07

	Risk Adjusted Performance	(0.14)
	Market Risk Adjusted Performance	(0.65)
	Mean Deviation	2.14
	Coefficient Of Variation	(505.40)
	Standard Deviation	3.49
	Variance	12.2
	Information Ratio	(0.24)
	Jensen Alpha	(0.84)
	Total Risk Alpha	(1.28)
	Treynor Ratio	(0.66)
	Maximum Drawdown	20.77
	Value At Risk	(4.17)
	Potential Upside	3.42
	Skewness	(1.59)
	Kurtosis	12.07

Consider Concentrix's intraday indicators

Concentrix intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Concentrix stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	10966.79
	Daily Balance Of Power	0.0283
	Rate Of Daily Change	1.0
	Day Median Price	45.03
	Day Typical Price	45.0
	Price Action Indicator	(0.07)
	Period Momentum Indicator	0.03
	Relative Strength Index	28.49

Concentrix Corporate Filings

13A	12th of November 2024 An amended filing to the original Schedule 13G	View Verify
	1st of November 2024 Other Reports	View Verify
8K	30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	9th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify

Concentrix time-series forecasting models is one of many Concentrix's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Concentrix's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Concentrix Stock media impact

Far too much social signal, news, headlines, and media speculation about Concentrix that are available to investors today. That information is available publicly through Concentrix media outlets and privately through word of mouth or via Concentrix internal channels. However, regardless of the origin, that massive amount of Concentrix data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Concentrix news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Concentrix relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Concentrix's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Concentrix alpha.

Concentrix Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Concentrix can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Concentrix Historical Investor Sentiment

Investor biases related to Concentrix's public news can be used to forecast risks associated with an investment in Concentrix. The trend in average sentiment can be used to explain how an investor holding Concentrix can time the market purely based on public headlines and social activities around Concentrix. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Concentrix's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Concentrix and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Concentrix news discussions. The higher the estimate score, the more favorable the investor's outlook on Concentrix.

Concentrix Corporate Management

David Stein	Vice Relations	Profile
Andre Valentine	Chief Officer	Profile
Jason Marasigan	Senior Development	Profile
Diane Hanson	Global Solutions	Profile
Richard Rosso	Executive Catalyst	Profile
Winnie Sun	Senior Delivery	Profile

When determining whether Concentrix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Concentrix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentrix Stock: