Concentrix Corp (CNXC) recent quarterly performance of -41.05% is not showing the real picture

Concentrix Corp (NASDAQ: CNXC) established initial surge of 6.71% at $39.76, before settling in for the price of $37.26 at the close. Taking a more long-term approach, CNXC posted a 52-week range of $36.28-$106.10.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 27.09%. Meanwhile, its Annual Earning per share during the time was 43.54%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.33%. This publicly-traded company’s shares outstanding now amounts to $65.73 million, simultaneously with a float of $46.10 million. The organization now has a market capitalization sitting at $2.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $49.45, while the 200-day Moving Average is $61.66.

Concentrix Corp (CNXC) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Concentrix Corp industry. Concentrix Corp’s current insider ownership accounts for 28.87%, in contrast to 70.22% institutional ownership. According to the most recent insider trade that took place on Oct 29 ’24, this organization’s EVP, Global Ops & Delivery sold 500 shares at the rate of 44.18, making the entire transaction reach 22,090 in total value, affecting insider ownership by 24,936.

Concentrix Corp (CNXC) Earnings and Revenue Records

Concentrix Corp’s EPS decrease for this current 12-month fiscal period is -2.33% and is forecasted to reach 12.31 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.16% through the next 5 years, which can be compared against the 43.54% growth it accomplished over the previous five years trading on the market.

Concentrix Corp (NASDAQ: CNXC) Trading Performance Indicators

Let’s observe the current performance indicators for Concentrix Corp (CNXC). It’s Quick Ratio in the last reported quarter now stands at 1.57. The Stock has managed to achieve an average true range (ATR) of 1.83. Alongside those numbers, its PE Ratio stands at $12.87, and its Beta score is 0.64. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.27. Similarly, its price to free cash flow for trailing twelve months is now 6.99.

In the same vein, CNXC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.09, a figure that is expected to reach 3.07 in the next quarter, and analysts are predicting that it will be 12.31 at the market close of one year from today.

Technical Analysis of Concentrix Corp (CNXC)

Now, what If we examine the latest scores posted by [Concentrix Corp, CNXC]. During the last 5-days, its volume was better the volume of 0.57 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.67% While, its Average True Range was 1.80.

Raw Stochastic average of Concentrix Corp (CNXC) in the period of the previous 100 days is set at 8.55%, which indicates a major fall in contrast to 43.91% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 48.56% that was lower than 50.33% volatility it exhibited in the past 100-days period.