Concentrix (NASDAQ:CNXC) Releases Q1 2025 Earnings Guidance

Concentrix (NASDAQ:CNXC) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.490-2.640 for the period, compared to the consensus earnings per share estimate of 2.850. 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

A number of brokerages have recently issued reports on CNXC. Canaccord Genuity Group cut their target price on Concentrix from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, September 26th. Bank of America cut their price objective on Concentrix from $85.00 to $70.00 and set a “neutral” rating for the company in a report on Thursday, September 26th. Barrington Research reduced their target price on shares of Concentrix from $84.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, September 26th. Robert W. Baird began coverage on shares of Concentrix in a research report on Thursday, October 3rd. They set an “outperform” rating and a $70.00 target price for the company. Finally, Baird R W raised shares of Concentrix to a “strong-buy” rating in a report on Thursday, October 3rd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Concentrix presently has a consensus rating of “Buy” and a consensus price target of $79.00.

Concentrix Price Performance

Shares of CNXC stock opened at $47.47 on Thursday. The stock’s fifty day moving average is $43.25 and its 200-day moving average is $55.04. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.57. Concentrix has a 52 week low of $36.28 and a 52 week high of $106.10. The stock has a market capitalization of $3.08 billion, a PE ratio of 15.41, a PEG ratio of 0.60 and a beta of 0.63.

Concentrix (NASDAQ:CNXC) last issued its quarterly earnings data on Wednesday, January 15th. The company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.25. Concentrix had a net margin of 2.18% and a return on equity of 16.57%. The firm had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the firm earned $3.36 EPS. The company’s revenue was up 9.7% on a year-over-year basis. Equities research analysts expect that Concentrix will post 10.11 EPS for the current fiscal year.

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.