Brokers Set Expectations for Concentrix Q2 Earnings

Concentrix Co. (NASDAQ:CNXC) – Equities researchers at Barrington Research issued their Q2 2025 earnings estimates for Concentrix in a note issued to investors on Thursday, March 27th. Barrington Research analyst V. Colicchio anticipates that the company will earn $2.50 per share for the quarter. Barrington Research currently has a “Outperform” rating and a $54.00 target price on the stock. The consensus estimate for Concentrix’s current full-year earnings is $10.11 per share. Barrington Research also issued estimates for Concentrix’s Q3 2025 earnings at $2.61 EPS, Q4 2025 earnings at $2.71 EPS and FY2026 earnings at $11.21 EPS.

Concentrix (NASDAQ:CNXC) last announced its quarterly earnings data on Wednesday, March 26th. The company reported $2.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.21. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.37 billion. Concentrix had a net margin of 2.61% and a return on equity of 16.67%. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.57 earnings per share.

Several other equities research analysts have also recently issued reports on CNXC. Canaccord Genuity Group lowered their price objective on shares of 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 raised their price objective on Concentrix from $58.00 to $59.00 and gave the company a “neutral” rating in a research report on Thursday, March 27th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Concentrix presently has a consensus rating of “Buy” and an average target price of $69.60.

Concentrix Price Performance

CNXC opened at $54.03 on Monday. The business has a fifty day moving average of $48.27 and a 200 day moving average of $47.29. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 1.17. The stock has a market cap of $3.48 billion, a P/E ratio of 14.56, a PEG ratio of 0.63 and a beta of 0.69. Concentrix has a 52-week low of $36.28 and a 52-week high of $77.00.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Steward Partners Investment Advisory LLC lifted its holdings in shares of Concentrix by 81.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 638 shares of the company’s stock worth $28,000 after purchasing an additional 286 shares during the period. Venturi Wealth Management LLC lifted its stake in Concentrix by 159.6% during the 4th quarter. Venturi Wealth Management LLC now owns 797 shares of the company’s stock valued at $34,000 after acquiring an additional 490 shares during the period. Parkside Financial Bank & Trust lifted its stake in Concentrix by 58.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,201 shares of the company’s stock valued at $52,000 after acquiring an additional 444 shares during the period. KBC Group NV boosted its holdings in shares of Concentrix by 68.3% in the 4th quarter. KBC Group NV now owns 2,008 shares of the company’s stock valued at $87,000 after acquiring an additional 815 shares during the last quarter. Finally, Quarry LP increased its stake in shares of Concentrix by 843.9% in the fourth quarter. Quarry LP now owns 2,539 shares of the company’s stock worth $110,000 after acquiring an additional 2,270 shares during the period. 90.34% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Concentrix news, EVP Cormac J. Twomey sold 500 shares of Concentrix stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $55.60, for a total transaction of $27,800.00. Following the completion of the sale, the executive vice president now owns 41,111 shares of the company’s stock, valued at approximately $2,285,771.60. The trade was a 1.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.20% of the stock is owned by insiders.

Concentrix Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Friday, April 25th will be paid a $0.3328 dividend. This represents a $1.33 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend is Friday, April 25th. Concentrix’s dividend payout ratio (DPR) is presently 33.33%.

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.