Concentrix Stock Performance
| CNXC Stock | USD 43.72 4.16 10.52% |
The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Concentrix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Concentrix is expected to be smaller as well. At this point, Concentrix has a negative expected return of -0.69%. Please make sure to confirm Concentrix's maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Concentrix performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Concentrix has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return 10.64 | Five Day Return 9.43 | Year To Date Return (55.19) | Ten Year Return (45.29) | All Time Return (45.29) |
Forward Dividend Yield 0.0336 | Payout Ratio 0.1081 | Forward Dividend Rate 1.33 | Dividend Date 2024-11-05 | Ex Dividend Date 2024-10-25 |
1 | Disposition of 400 shares by Cormac Twomey of Concentrix at 74.63 subject to Rule 16b-3 | 08/29/2024 |
2 | Concentrix Corp. Is This Cheap Technology Stock a Good Buy Right Now | 09/25/2024 |
3 | Disposition of 1544 shares by Cormac Twomey of Concentrix at 51.38 subject to Rule 16b-3 | 09/30/2024 |
4 | Baird initiates coverage on Concentrix with Outperform rating | 10/03/2024 |
5 | Concentrix Corp Trading Down 4.29 percent on Oct 17 | 10/17/2024 |
6 | Concentrix Co. Announces Quarterly Dividend of 0.33 | 10/24/2024 |
7 | Disposition of 1403 shares by Craig Gibson of Concentrix at 44.52 subject to Rule 16b-3 | 10/25/2024 |
8 | Disposition of 500 shares by Cormac Twomey of Concentrix at 44.18 subject to Rule 16b-3 | 10/29/2024 |
9 | Concentrix Corp Shares Up 2.76 percent on Nov 4 | 11/04/2024 |
| Concentrix dividend paid on 5th of November 2024 | 11/05/2024 |
10 | Concentrix dvoilera de nouvelles perspectives sur lIA et les expriences intelligentes lors du WebSummit2024 | 11/11/2024 |
11 | Concentrix Corp Shares Gap Down to 41.57 on Nov 12 | 11/12/2024 |
12 | Concentrix Corp Stock Price Down 1.4 percent on Nov 19 | 11/19/2024 |
| Begin Period Cash Flow | 157.5 M |
Concentrix |
Concentrix Relative Risk vs. Return Landscape
If you would invest 7,121 in Concentrix on August 24, 2024 and sell it today you would lose (2,749) from holding Concentrix or give up 38.6% of portfolio value over 90 days. Concentrix is currently does not generate positive expected returns and assumes 3.5585% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of stocks are less volatile than Concentrix, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Concentrix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concentrix's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Concentrix, and traders can use it to determine the average amount a Concentrix's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.195
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNXC |
Estimated Market Risk
| 3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Concentrix is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Concentrix by adding Concentrix to a well-diversified portfolio.
Concentrix Fundamentals Growth
Concentrix Stock prices reflect investors' perceptions of the future prospects and financial health of Concentrix, and Concentrix fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Concentrix Stock performance.
| Return On Equity | 0.058 | |||
| Return On Asset | 0.0461 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 7.23 B | |||
| Shares Outstanding | 64.82 M | |||
| Price To Earning | 18.54 X | |||
| Price To Book | 0.62 X | |||
| Price To Sales | 0.27 X | |||
| Revenue | 7.11 B | |||
| Gross Profit | 2.26 B | |||
| EBITDA | 661.33 M | |||
| Net Income | 313.84 M | |||
| Cash And Equivalents | 176.08 M | |||
| Cash Per Share | 3.41 X | |||
| Total Debt | 4.94 B | |||
| Debt To Equity | 1.10 % | |||
| Current Ratio | 1.67 X | |||
| Book Value Per Share | 64.74 X | |||
| Cash Flow From Operations | 678.01 M | |||
| Earnings Per Share | 3.02 X | |||
| Market Capitalization | 2.56 B | |||
| Total Asset | 12.49 B | |||
| Retained Earnings | 1.02 B | |||
| Working Capital | 784.61 M | |||
| Current Asset | 43.73 M | |||
| Current Liabilities | 59 M | |||
About Concentrix Performance
By analyzing Concentrix's fundamental ratios, stakeholders can gain valuable insights into Concentrix's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Concentrix has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Concentrix has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.55 | 0.86 | |
| 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 |
Things to note about Concentrix performance evaluation
Checking the ongoing alerts about Concentrix for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Concentrix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Concentrix generated a negative expected return over the last 90 days | |
| Concentrix has high historical volatility and very poor performance | |
| Over 84.0% 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 Stock Price Down 1.4 percent on Nov 19 |
- Analyzing Concentrix's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Concentrix's stock is overvalued or undervalued compared to its peers.
- Examining Concentrix's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Concentrix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Concentrix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Concentrix's stock. These opinions can provide insight into Concentrix's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Concentrix Stock analysis
When running Concentrix's price analysis, check to measure Concentrix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Concentrix is operating at the current time. Most of Concentrix's value examination focuses on studying past and present price action to predict the probability of Concentrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concentrix's price. Additionally, you may evaluate how the addition of Concentrix to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |