Market Watch: Concentrix Corp (CNXC)’s Noteworthy Gain, Closing at 54.21

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As of close of business last night, Concentrix Corp’s stock clocked out at $54.21, up 0.33% from its previous closing price of $54.03. In other words, the price has increased by $0.33 from its previous closing price. On the day, 1.37 million shares were traded. CNXC stock price reached its highest trading level at $55.1105 during the session, while it also had its lowest trading level at $52.71.

Ratios:

To gain a deeper understanding of CNXC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.22.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barrington Research on March 24, 2025, Reiterated its Outperform rating but revised its target price to $54 from $70 previously.

On October 03, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $70.

BofA Securities Upgraded its Underperform to Neutral on August 28, 2024, whereas the target price for the stock was revised from $65 to $85.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 31 ’25 when Twomey Cormac J sold 500 shares for $55.31 per share. The transaction valued at 27,655 led to the insider holds 39,130 shares of the business.

CORMAC TWOMEY bought 500 shares of CNXC for $27,655 on Mar 31 ’25. On Feb 28 ’25, another insider, Twomey Cormac J, who serves as the EVP, Global Ops & Delivery of the company, sold 500 shares for $45.14 each. As a result, the insider received 22,570 and left with 39,630 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNXC now has a Market Capitalization of 3459356928 and an Enterprise Value of 8053249024. As of this moment, Concentrix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.57, and their Forward P/E ratio for the next fiscal year is 4.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is 5.498.

Stock Price History:

The Beta on a monthly basis for CNXC is 0.57, which has changed by -0.0879879 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, CNXC has reached a high of $77.00, while it has fallen to a 52-week low of $36.28. The 50-Day Moving Average of the stock is 12.03%, while the 200-Day Moving Average is calculated to be 1.22%.

Shares Statistics:

It appears that CNXC traded 916.45K shares on average per day over the past three months and 1702470 shares per day over the past ten days. A total of 63.81M shares are outstanding, with a floating share count of 45.47M. Insiders hold about 29.32% of the company’s shares, while institutions hold 76.35% stake in the company. Shares short for CNXC as of 1741910400 were 8565885 with a Short Ratio of 9.35, compared to 1739491200 on 7981392. Therefore, it implies a Short% of Shares Outstanding of 8565885 and a Short% of Float of 15.950000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 1.271, CNXC has a forward annual dividend rate of 1.27. Against a Trailing Annual Dividend Yield of 0.02352397

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