Concentrix Stock Today

CNXC Stock  USD 45.96  0.16  0.35%   

Performance

Weak

 
Weak
 
Strong

Odds Of Distress

Very Low

 
High
 
Low
Concentrix is trading at 45.96 as of the 25th of February 2025, a 0.35% down since the beginning of the trading day. The stock's open price was 46.12. Concentrix has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
24th of November 2020
Category
Technology
Classification
Industrials
Concentrix Corporation provides technology-infused customer experience solutions worldwide. Concentrix Corporation was incorporated in 2009 and is based in Fremont, California. Concentrix Corp operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 64.34 M outstanding shares of which 7.9 M shares are currently shorted by private and institutional investors with about 9.25 trading days to cover. More on Concentrix

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Concentrix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentChristopher Caldwell
Business ConcentrationData Processing & Outsourced Services, Commercial & Professional Services, Industrials, SP Midcap 400, NASDAQ Composite, Industrials, Professional Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02960.0189
Way Up
Slightly volatile
Asset Turnover0.670.72
Significantly Down
Slightly volatile
Gross Profit Margin0.40.41
Fairly Down
Very volatile
Total Current Liabilities1.5 B1.8 B
Significantly Down
Slightly volatile
Non Current Liabilities Total7.2 B6.8 B
Sufficiently Up
Slightly volatile
Total AssetsB13.8 B
Way Down
Slightly volatile
Total Current AssetsB3.3 B
Way Down
Slightly volatile
Total Cash From Operating Activities522.3 M767.6 M
Way Down
Slightly volatile
Debt Levels
Concentrix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Concentrix's financial leverage. It provides some insight into what part of Concentrix's total assets is financed by creditors.
Liquidity
Concentrix currently holds 2.52 M in liabilities with Debt to Equity (D/E) ratio of 1.1, which is about average as compared to similar companies. Concentrix has a current ratio of 1.64, which is within standard range for the sector. Note, when we think about Concentrix's use of debt, we should always consider it together with its cash and equity.

Investments

(230.83 Million)
Concentrix (CNXC) is traded on NASDAQ Exchange in USA. It is located in 39899 Balentine Drive, Newark, CA, United States, 94560 and employs 450,000 people. Concentrix is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.97 B. Concentrix conducts business under Professional Services sector and is part of Industrials industry. The entity has 64.34 M outstanding shares of which 7.9 M shares are currently shorted by private and institutional investors with about 9.25 trading days to cover. Concentrix currently holds about 176.08 M in cash with 667.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.41.
Check Concentrix Probability Of Bankruptcy
Ownership Allocation
Concentrix holds a total of 64.34 Million outstanding shares. The majority of Concentrix outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Concentrix to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Concentrix. Please pay attention to any change in the institutional holdings of Concentrix as this could imply that something significant has changed or is about to change at the company. Also note that nearly four million twenty-seven thousand five hundred fourty-six invesors are currently shorting Concentrix expressing very little confidence in its future performance.
Check Concentrix Ownership Details

Concentrix Stock Institutional Holders

InstituionRecorded OnShares
Lyrical Asset Management Lp2024-12-31
1.3 M
Deprince Race & Zollo Inc2024-12-31
M
Geode Capital Management, Llc2024-12-31
875.5 K
Morgan Stanley - Brokerage Accounts2024-12-31
787.1 K
Dimensional Fund Advisors, Inc.2024-12-31
779.8 K
Paradigm Capital Management, Inc.2024-12-31
750.1 K
Invenomic Capital Management, Lp2024-12-31
666.4 K
First Trust Advisors L.p.2024-12-31
649.8 K
Marshall Wace Asset Management Ltd2024-12-31
593 K
Groupe Bruxelles Lambert Sa2024-12-31
8.8 M
Vanguard Group Inc2024-12-31
5.1 M
View Concentrix Diagnostics

Concentrix Historical Income Statement

At present, Concentrix's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Reconciled Depreciation is expected to grow to about 852.3 M, whereas Net Interest Income is projected to grow to (275.2 M). View More Fundamentals

Concentrix Stock Against Markets

Concentrix Corporate Management

David SteinVice RelationsProfile
Sara BudaVice RelationsProfile
Andre ValentineChief OfficerProfile
Jason MarasiganSenior DevelopmentProfile
Diane HansonGlobal SolutionsProfile
Richard RossoExecutive CatalystProfile
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:
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Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concentrix. If investors know Concentrix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Concentrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.579
Dividend Share
1.24
Earnings Share
3.71
Revenue Per Share
148.035
Quarterly Revenue Growth
0.097
The market value of Concentrix is measured differently than its book value, which is the value of Concentrix that is recorded on the company's balance sheet. Investors also form their own opinion of Concentrix's value that differs from its market value or its book value, called intrinsic value, which is Concentrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Concentrix's market value can be influenced by many factors that don't directly affect Concentrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Concentrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.