MENU
+Compare
CNXC
Stock ticker: NASDAQ
AS OF
Dec 20, 04:59 PM (EDT)
Price
$40.48
Change
+$0.10 (+0.25%)
Capitalization
2.62B

CNXC Concentrix Corp Forecast, Technical & Fundamental Analysis

a developer of active thermal coal operations

CNXC
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
A.I.Advisor
a Summary for CNXC with price predictions
Dec 20, 2024

CNXC in -6.19% downward trend, declining for three consecutive days on December 18, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CNXC declined for three days, in of 248 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CNXC as a result. In of 70 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CNXC turned negative on December 17, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 38 similar instances when the indicator turned negative. In of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at .

CNXC moved below its 50-day moving average on December 11, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CNXC crossed bearishly below the 50-day moving average on December 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CNXC's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNXC advanced for three days, in of 253 cases, the price rose further within the following month. The odds of a continued upward trend are .

CNXC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 167 cases where CNXC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.629) is normal, around the industry mean (31.638). P/E Ratio (13.404) is within average values for comparable stocks, (50.075). CNXC's Projected Growth (PEG Ratio) (0.322) is slightly lower than the industry average of (1.716). Dividend Yield (0.031) settles around the average of (0.023) among similar stocks. P/S Ratio (0.278) is also within normal values, averaging (35.777).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CNXC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CNXC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

View a ticker or compare two or three
CNXC
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published Earnings

CNXC is expected to report earnings to rise 7.32% to $3.08 per share on January 15

Concentrix Corp CNXC Stock Earnings Reports
Q4'24
Est.
$3.08
Q3'24
Missed
by $0.06
Q2'24
Beat
by $0.06
Q1'24
Missed
by $0.01
Q4'23
Beat
by $0.29
The last earnings report on September 25 showed earnings per share of $2.87, missing the estimate of $2.93. With 1.68M shares outstanding, the current market capitalization sits at 2.62B.
A.I.Advisor
published Dividends

CNXC paid dividends on November 05, 2024

Concentrix Corp CNXC Stock Dividends
А dividend of $0.33 per share was paid with a record date of November 05, 2024, and an ex-dividend date of October 25, 2024. Read more...
A.I. Advisor
published General Information

General Information

a developer of active thermal coal operations

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Coal
Address
39899 Balentine Drive
Phone
+1 800 747-0583
Employees
444000
Web
https://www.concentrix.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
GSXCX26.100.23
+0.89%
abrdn US Small Cap Equity C
MTISX20.230.17
+0.85%
NYLI Income Builder SIMPLE Class
RSLBX57.480.33
+0.58%
American Funds SMALLCAP World R2
LDMOX13.460.06
+0.44%
Lazard Developing Markets Equity Open
HNINX43.89-0.16
-0.37%
Harbor International Retirement

CNXC and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, CNXC has been loosely correlated with FLYW. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if CNXC jumps, then FLYW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CNXC
1D Price
Change %
CNXC100%
+0.25%
FLYW - CNXC
58%
Loosely correlated
-1.66%
PSFE - CNXC
54%
Loosely correlated
-0.06%
AI - CNXC
52%
Loosely correlated
+2.51%
PAY - CNXC
48%
Loosely correlated
+3.79%
CNDT - CNXC
40%
Loosely correlated
+1.85%
More