CNXC stock icon

Concentrix
CNXC

$60.46
3.76%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 4 articles

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

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$84
39%
upside
Avg. target
$103
70%
upside
High target
$121
100%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Scotiabank
Divya Goyal
41%upside
$85
Sector Outperform
Maintained
29 Apr 2024
Barrington Research
Vincent Colicchio
39%upside
$84
Outperform
Maintained
27 Mar 2024
Barrington Research
Vincent Colicchio
100%upside
$121
Outperform
Maintained
20 Mar 2024
Barrington Research
Vincent Colicchio
100%upside
$121
Outperform
Maintained
25 Jan 2024

Financial journalist opinion

Based on 4 articles about CNXC published over the past 30 days