Concentrix (NASDAQ:CNXC) Updates Q2 2025 Earnings Guidance

Concentrix (NASDAQ:CNXC) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.690-2.800 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

CNXC has been the topic of several research analyst reports. Canaccord Genuity Group decreased their target price on shares of Concentrix from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Barrington Research cut their price target on shares of Concentrix from $70.00 to $54.00 and set an “outperform” rating on the stock in a research note on Monday. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $71.80.

Concentrix Stock Performance

NASDAQ CNXC opened at $45.68 on Thursday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.42 and a quick ratio of 1.42. Concentrix has a 1-year low of $36.28 and a 1-year high of $77.00. The firm has a market capitalization of $2.94 billion, a P/E ratio of 12.31, a P/E/G ratio of 0.63 and a beta of 0.69. The business’s 50-day simple moving average is $47.58 and its 200-day simple moving average is $47.73.

Concentrix (NASDAQ:CNXC) last announced its quarterly earnings results on Wednesday, March 26th. The company reported $2.79 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $0.21. Concentrix had a net margin of 2.61% and a return on equity of 16.67%. The firm had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same period in the previous year, the company posted $2.57 earnings per share. Concentrix’s revenue was down 1.3% compared to the same quarter last year. Equities analysts predict that Concentrix will post 10.11 EPS for the current year.

Concentrix Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a dividend of $0.3328 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.33 dividend on an annualized basis and a yield of 2.91%. Concentrix’s dividend payout ratio (DPR) is 35.85%.

Insider Activity at Concentrix

In other Concentrix news, EVP Cormac J. Twomey sold 500 shares of the business’s 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 transaction, the executive vice president now owns 41,111 shares in the company, valued at $2,285,771.60. The trade was a 1.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.20% of the stock is owned by insiders.

Concentrix Company Profile

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.