Concentrix Corp (CNXC): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Information Technology Services industry segment, falling under the Technology sector. The current market capitalization of Concentrix Corp is $3.66B. A total of 3.24 million shares were traded on the day, compared to an average of 851.49K shares.

In the most recent transaction, Twomey Cormac J sold 500 shares of CNXC for 45.14 per share on Feb 28 ’25. After the transaction, the EVP, Global Ops & Delivery now owns 39,630 company shares. In a previous transaction on Feb 28 ’25, CORMAC TWOMEY bought 500 shares at 45.14 per share.

Among the insiders who sold shares, Twomey Cormac J disposed of 500 shares on Jan 29 ’25 at a per-share price of $55.60. This resulted in the EVP, Global Ops & Delivery holding 41,111 shares of CNXC after the transaction. In another insider transaction, CORMAC TWOMEY bought 500 shares at $55.60 per share on Jan 29 ’25.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Concentrix Corp pays an annual dividend of $1.27, resulting in a dividend yield of 2.23%, and it has a price to earnings (P/E) ratio of 14.26. CNXC’s most recent ex-dividend date was 2% when it declared a $0.3328 quarterly dividend that was paid in cash on 4/25/2025. Previously, the company paid the dividend on 1/31/2025 with an ex-dividend date of 2.5%. The CNXC stock dividend was $0.3328 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CNXC has a high of $77.00 and a low of $36.28.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CNXC’s latest balance sheet shows that the firm has $182.04M in Cash & Short Term Investments as of fiscal 2021. There were $802.02M in debt and $968.21M in liabilities at the time. Its Book Value Per Share was $63.21, while its Total Shareholder’s Equity was $2.62B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CNXC is Buy with a score of 4.60.

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