That’s why I Feel Comfortable With Concentrix Corp’s (CNXC) Future

A share price of Concentrix Corp [CNXC] is currently trading at $51.46, up 0.39%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CNXC shares have gain 7.61% over the last week, with a monthly amount drifted -9.64%, and not 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.

Concentrix Corp experienced fluctuations in its stock price throughout the past year between $36.28 and $77.00. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Concentrix Corp [NASDAQ: CNXC] shares were valued at $51.46 at the most recent close of the market. An investor can expect a potential return of 4.94% based on the average CNXC price forecast.

Analyzing the CNXC fundamentals

Trailing Twelve Months sales for Concentrix Corp [NASDAQ:CNXC] were 9.59B which represents -1.27% decline. Gross Profit Margin for this corporation currently stands at 0.34% 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 0.07 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

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 50.66 points at the first support level, and at 49.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.10, and for the 2nd resistance point, it is at 52.73.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Concentrix Corp [NASDAQ:CNXC] is 1.65. Further, the Quick Ratio stands at 1.65, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 12.88.

Transactions by insiders

Recent insider trading involved Caldwell Christopher A, President and CEO, that happened on Apr 21 ’25 when 1000.0 shares were purchased. Director, Duha Olivier completed a deal on Apr 15 ’25 to sell 49072.0 shares. Meanwhile, Director Duha Olivier sold 29444.0 shares on Apr 15 ’25.

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