Concentrix (NASDAQ:CNXC – Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.690-2.800 for the period, compared to the consensus estimate of 2.740. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. Concentrix also updated its FY 2025 guidance to 11.180-11.770 EPS.
Concentrix Stock Up 42.4 %
Concentrix stock opened at $65.04 on Friday. Concentrix has a 52 week low of $36.28 and a 52 week high of $77.00. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 0.63 and a beta of 0.69. The company’s 50-day moving average price is $47.90 and its two-hundred day moving average price is $47.85. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17.
Concentrix (NASDAQ:CNXC – Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The company reported $2.79 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.21. Concentrix had a return on equity of 16.67% and a net margin of 2.61%. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the prior year, the firm posted $2.57 earnings per share. The company’s revenue was down 1.3% on a year-over-year basis. On average, analysts expect that Concentrix will post 10.11 EPS for the current fiscal year.
Concentrix Announces Dividend
Analysts Set New Price Targets
Several analysts have recently commented on CNXC shares. Canaccord Genuity Group decreased their target price on Concentrix from $100.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Bank of America increased their price objective on Concentrix from $58.00 to $59.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Barrington Research dropped their target price on Concentrix from $70.00 to $54.00 and set an “outperform” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $69.60.
Get Our Latest Research Report on Concentrix
Insiders Place Their Bets
In other news, Director Kathryn Hayley bought 500 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average price of $50.22 per share, for a total transaction of $25,110.00. Following the transaction, the director now directly owns 3,034 shares of the company’s stock, valued at $152,367.48. This trade represents a 19.73 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.20% of the company’s stock.
About Concentrix
Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications.
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