Is Concentrix Stock a Good Investment?
Concentrix Investment Advice | CNXC |
- 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 |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | 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 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.78. 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 0.39. The entity last dividend was issued on the 31st of January 2025.
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 is unlikely to experience financial distress in the next 2 years | |
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Concentrix Reports Fourth Quarter and Fiscal Year 2024 Results |
Concentrix Quarterly Good Will |
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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 |
Concentrix Target Price Consensus
Concentrix target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Concentrix's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Buy |
Most Concentrix analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Concentrix stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Concentrix, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationConcentrix Target Price Projection
Concentrix's current and average target prices are 48.96 and 72.17, respectively. The current price of Concentrix is the price at which Concentrix is currently trading. On the other hand, Concentrix's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Concentrix Market Quote on 18th of January 2025
Target Price
Analyst Consensus On Concentrix Target Price
Concentrix Analyst Ratings
Concentrix's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Concentrix stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Concentrix's financials, market performance, and future outlook by experienced professionals. Concentrix's historical ratings below, therefore, can serve as a valuable tool for investors.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 | 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 | Paradigm Capital Management, Inc. | 2024-09-30 | 730.7 K | Deprince Race & Zollo Inc | 2024-09-30 | 649.7 K | Aqr Capital Management Llc | 2024-09-30 | 603.4 K | Charles Schwab Investment Management Inc | 2024-09-30 | 600.7 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 499.1 K | First Trust Advisors L.p. | 2024-09-30 | 484.8 K | Groupe Bruxelles Lambert Sa | 2024-09-30 | 8.8 M | Fmr Inc | 2024-09-30 | 5.6 M |
Concentrix's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.13 B.Market Cap |
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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 |
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 | |
| Price Fair Value | 1.40 | 2.66 | |
| Enterprise Value Multiple | 11.48 | 12.64 |
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.
Basic technical analysis of Concentrix Stock
As of the 18th of January 2025, Concentrix shows the Downside Deviation of 2.46, risk adjusted performance of 0.0298, and Mean Deviation of 2.16. 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.
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.
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 | 0.0298 | |||
| Market Risk Adjusted Performance | 0.0871 | |||
| Mean Deviation | 2.16 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.46 | |||
| Coefficient Of Variation | 3703.75 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.8 | |||
| Information Ratio | 0.0248 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | 0.0825 | |||
| Sortino Ratio | 0.0299 | |||
| Treynor Ratio | 0.0771 | |||
| Maximum Drawdown | 16.37 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 6.38 | |||
| Downside Variance | 6.05 | |||
| Semi Variance | 5.65 | |||
| Expected Short fall | (2.62) | |||
| Skewness | 0.8488 | |||
| Kurtosis | 1.75 |
| Risk Adjusted Performance | 0.0298 | |||
| Market Risk Adjusted Performance | 0.0871 | |||
| Mean Deviation | 2.16 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.46 | |||
| Coefficient Of Variation | 3703.75 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.8 | |||
| Information Ratio | 0.0248 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | 0.0825 | |||
| Sortino Ratio | 0.0299 | |||
| Treynor Ratio | 0.0771 | |||
| Maximum Drawdown | 16.37 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 6.38 | |||
| Downside Variance | 6.05 | |||
| Semi Variance | 5.65 | |||
| Expected Short fall | (2.62) | |||
| Skewness | 0.8488 | |||
| Kurtosis | 1.75 |
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 | 42114.56 | |||
| Daily Balance Of Power | 0.0769 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 49.57 | |||
| Day Typical Price | 49.37 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | 0.18 |
Concentrix Corporate Filings
8K | 15th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 31st of December 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 | ViewVerify |
| 6th of December 2024 Other Reports | ViewVerify | |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
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 Maximum Pain Price Across April 17th 2025 Option Contracts
Concentrix's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Concentrix close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Concentrix's options.
Concentrix Corporate Management
| David Stein | Vice Relations | Profile | |
| Sara Buda | Vice Relations | Profile | |
| Andre Valentine | Chief Officer | Profile | |
| Jason Marasigan | Senior Development | Profile | |
| Diane Hanson | Global Solutions | Profile | |
| Richard Rosso | Executive Catalyst | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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) | Earnings Share 3.1 | Revenue Per Share | Quarterly Revenue Growth 0.462 | Return On Assets |
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.
In summary, please note that there is a difference between Concentrix's value and its price, as these two are different measures arrived at by various 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.