ConcentrixCNXC
Market Cap: 4.41B
About: Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end capabilities, including CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics and business transformation services to clients in five primary industry verticals. The Company's verticals are technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, and healthcare. Geographically, the company operates in Philippines, Unites States, India, Canada, Germany, Great Britain and others.
Employees: 440,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
0.73% less ownership
Funds ownership: 77.94% [Q4 2023] → 77.22% (-0.73%) [Q1 2024]
5% less call options, than puts
Call options by funds: $43.4M | Put options by funds: $45.6M
7% less funds holding
Funds holding: 307 [Q4 2023] → 286 (-21) [Q1 2024]
11% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 107
33% less capital invested
Capital invested by funds: $5.1B [Q4 2023] → $3.39B (-$1.71B) [Q1 2024]
34% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 62
50% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 2 (-2) [Q1 2024]
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Canaccord Genuity Joseph Vafi | 85%upside $125 | Buy Maintained | 27 Jun 2024 |
Barrington Research Vincent Colicchio | 25%upside $84 | Outperform Maintained | 21 Jun 2024 |
Scotiabank Divya Goyal | 26%upside $85 | Sector Outperform Maintained | 29 Apr 2024 |
Barrington Research Vincent Colicchio | 25%upside $84 | Outperform Maintained | 27 Mar 2024 |
Barrington Research Vincent Colicchio | 79%upside $121 | Outperform Maintained | 20 Mar 2024 |