Concentrix Stock Buy Hold or Sell Recommendation
| CNXC Stock | USD 44.77 1.05 2.40% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Concentrix is 'Cautious Hold'. Macroaxis provides Concentrix buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CNXC positions.
Check out Concentrix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide. In addition, we conduct extensive research on individual companies such as Concentrix and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Concentrix |
Execute Concentrix Buy or Sell Advice
The Concentrix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Concentrix. Macroaxis does not own or have any residual interests in Concentrix or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Concentrix's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
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 | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Concentrix Trading Alerts and Improvement Suggestions
| 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 finance.yahoo.com: Concentrix Corporation An Oversold Midcap Stock to Buy |
Concentrix Returns Distribution Density
The distribution of Concentrix's historical returns is an attempt to chart the uncertainty of Concentrix's future price movements. The chart of the probability distribution of Concentrix daily returns describes the distribution of returns around its average expected value. We use Concentrix price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Concentrix returns is essential to provide solid investment advice for Concentrix.
| Mean Return | -0.58 | Value At Risk | -4.17 | Potential Upside | 3.70 | Standard Deviation | 3.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Concentrix historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Concentrix Stock Institutional Investors
| 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 |
Concentrix Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Concentrix or Professional Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Concentrix's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Concentrix stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.72 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 3.57 | |
Ir | Information ratio | -0.2 |
Concentrix Volatility Alert
Concentrix exhibits very low volatility with skewness of -1.54 and kurtosis of 11.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Concentrix's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Concentrix's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Concentrix Fundamentals Vs Peers
Comparing Concentrix's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Concentrix's direct or indirect competition across all of the common fundamentals between Concentrix and the related equities. This way, we can detect undervalued stocks with similar characteristics as Concentrix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Concentrix's fundamental indicators could also be used in its relative valuation, which is a method of valuing Concentrix by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Concentrix to competition |
| Fundamentals | Concentrix | Peer Average |
| Return On Equity | 0.058 | -0.31 |
| Return On Asset | 0.0461 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 7.5 B | 16.62 B |
| Shares Outstanding | 64.82 M | 571.82 M |
| Shares Owned By Insiders | 15.20 % | 10.09 % |
| Shares Owned By Institutions | 84.55 % | 39.21 % |
| Number Of Shares Shorted | 6.31 M | 4.71 M |
| Price To Earning | 18.54 X | 28.72 X |
| Price To Book | 0.68 X | 9.51 X |
| Price To Sales | 0.30 X | 11.42 X |
| Revenue | 7.11 B | 9.43 B |
| Gross Profit | 2.26 B | 27.38 B |
| EBITDA | 661.33 M | 3.9 B |
| Net Income | 313.84 M | 570.98 M |
| Cash And Equivalents | 176.08 M | 2.7 B |
| Cash Per Share | 3.41 X | 5.01 X |
| Total Debt | 4.94 B | 5.32 B |
| Debt To Equity | 1.10 % | 48.70 % |
| Current Ratio | 1.67 X | 2.16 X |
| Book Value Per Share | 64.74 X | 1.93 K |
| Cash Flow From Operations | 678.01 M | 971.22 M |
| Short Ratio | 7.38 X | 4.00 X |
| Earnings Per Share | 3.02 X | 3.12 X |
| Price To Earnings To Growth | 0.35 X | 4.89 X |
| Target Price | 76.83 | |
| Number Of Employees | 440 K | 18.84 K |
| Beta | 0.67 | -0.15 |
| Market Capitalization | 2.83 B | 19.03 B |
| Total Asset | 12.49 B | 29.47 B |
| Retained Earnings | 1.02 B | 9.33 B |
| Working Capital | 784.61 M | 1.48 B |
Note: Disposition of 400 shares by Cormac Twomey of Concentrix at 74.63 subject to Rule 16b-3 [view details]
Concentrix Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Concentrix . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Concentrix Buy or Sell Advice
When is the right time to buy or sell Concentrix? Buying financial instruments such as Concentrix Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Check out Concentrix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 (0.83) | Dividend Share 1.21 | Earnings Share 3.02 | Revenue Per Share 146.1 | Quarterly Revenue Growth 0.462 |
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.