Monthly Drifts in Concentrix Corp (CNXC) Stock: A Closer Look

Concentrix Corp [CNXC] stock prices are up 42.38% to $65.04 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CNXC shares have gain 44.34% over the last week, with a monthly amount glided 43.13%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Concentrix Corp [NASDAQ: CNXC] stock has seen the most recent analyst activity on March 24, 2025, when Barrington Research reiterated its Outperform rating and also revised its price target to $54 from $70. Previously, Robert W. Baird started tracking the stock with Outperform rating on October 03, 2024, and set its price target to $70. On August 28, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $85 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $60 on March 27, 2024. Redburn Atlantic initiated its recommendation with a Neutral and recommended $70 as its price target on September 06, 2023. Scotiabank started tracking with a Sector Outperform rating for this stock on August 24, 2023, and assigned it a price target of $120. In a note dated June 29, 2023, BofA Securities downgraded an Neutral rating on this stock.

The stock price of Concentrix Corp [CNXC] has been fluctuating between $36.28 and $77.00 over the past year. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Concentrix Corp [NASDAQ: CNXC] shares were valued at $65.04 at the most recent close of the market. An investor can expect a potential return of 7.63% based on the average CNXC price forecast.

Analyzing the CNXC fundamentals

The Concentrix Corp [NASDAQ:CNXC] reported sales of 9.59B for trailing twelve months, representing a drop of -1.27%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.40 points at the first support level, and at 45.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.34, and for the 2nd resistance point, it is at 75.64.

Ratios To Look Out For

It’s worth pointing out that Concentrix Corp [NASDAQ:CNXC]’s Current Ratio is 1.65. Also, the Quick Ratio is 1.42, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 0.44, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 16.28.

Transactions by insiders

Recent insider trading involved Twomey Cormac J, EVP, Global Ops & Delivery, that happened on Feb 28 ’25 when 500.0 shares were sold. Officer, CORMAC TWOMEY completed a deal on Feb 28 ’25 to buy 500.0 shares. Meanwhile, EVP, Global Ops & Delivery Twomey Cormac J sold 500.0 shares on Jan 29 ’25.

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