Concentrix Future Growth

Future criteria checks 4/6

Concentrix is forecast to grow earnings and revenue by 34.5% and 6.6% per annum respectively. EPS is expected to grow by 30.9% per annum. Return on equity is forecast to be 20.1% in 3 years.

Key information

34.5%

Earnings growth rate

30.9%

EPS growth rate

Professional Services earnings growth	18.3%
Revenue growth rate	6.6%
Future return on equity	20.1%
Analyst coverage	Low
Last updated	27 Jun 2024

Recent future growth updates

Recent updates

Concentrix: Worth A Look

Jun 04

Concentrix Corporation's (NASDAQ:CNXC) Shares Lagging The Market But So Is The Business

Mar 26

Concentrix: AI Doesn't Seem An Imminent Risk And Valuation Is Cheap

Mar 19

Concentrix (NASDAQ:CNXC) Takes On Some Risk With Its Use Of Debt

Jan 29

Why We're Not Concerned About Concentrix Corporation's (NASDAQ:CNXC) Share Price

Dec 25

Is Concentrix Corporation (NASDAQ:CNXC) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 27

Concentrix Corporation: Anatomy Of A Falling Knife

Sep 19

Concentrix goes ex-dividend tomorrow

Jul 27

A Look At The Intrinsic Value Of Concentrix Corporation (NASDAQ:CNXC)

Jun 17

Concentrix: A Key Player In CX With The ServiceSource And PK Acquisitions

May 12

Is Now The Time To Put Concentrix (NASDAQ:CNXC) On Your Watchlist?

Apr 20

Earnings and Revenue Growth Forecasts

NasdaqGS:CNXC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
11/30/2026	10,327	N/A	1,061	N/A	2
11/30/2025	9,930	423	939	N/A	5
11/30/2024	9,632	296	697	N/A	5
5/31/2024	8,647	258	N/A	N/A	N/A
2/29/2024	7,881	272	330	527	N/A
11/30/2023	7,115	308	497	678	N/A
8/31/2023	6,525	343	526	684	N/A
5/31/2023	6,471	372	485	626	N/A
2/28/2023	6,425	406	525	660	N/A
11/30/2022	6,324	428	461	601	N/A
8/31/2022	6,150	448	414	547	N/A
5/31/2022	5,968	451	338	488	N/A
2/28/2022	5,770	421	371	523	N/A
11/30/2021	5,587	400	365	514	N/A
8/31/2021	5,421	342	273	451	N/A
5/31/2021	5,188	279	277	450	N/A
2/28/2021	4,884	200	319	489	N/A
11/30/2020	4,720	165	336	508	N/A
8/31/2020	4,632	132	409	555	N/A
5/31/2020	4,629	117	392	529	N/A
2/29/2020	4,723	136	260	395	N/A
11/30/2019	4,708	117	339	450	N/A
11/30/2018	2,463	48	120	212	N/A
11/30/2017	1,990	72	N/A	168	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNXC's forecast earnings growth (34.5% per year) is above the savings rate (2.4%).

Earnings vs Market: CNXC's earnings (34.5% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: CNXC's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CNXC's revenue (6.6% per year) is forecast to grow slower than the US market (8.6% per year).

High Growth Revenue: CNXC's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CNXC's Return on Equity is forecast to be high in 3 years time (20.1%)

Concentrix Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 14%

Concentrix Corporation Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

Price target increased by 8.4% to US$111

Concentrix Corporation Provides Earnings Guidance for the First Quarter and Full Year Fiscal 2024

Price target decreased by 34% to US$106

Concentrix Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2023

Recent updates

Second quarter dividend of US$0.30 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Concentrix Corporation Declares Quarterly Dividend, Payable on August 6, 2024

Concentrix: Worth A Look

Upcoming dividend of US$0.30 per share

Consensus EPS estimates increase by 14%

First quarter dividend of US$0.30 announced

Concentrix Corporation Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Concentrix Corporation Declares Quarterly Dividend, Payable on May 7, 2024

Concentrix Corporation's (NASDAQ:CNXC) Shares Lagging The Market But So Is The Business

Concentrix: AI Doesn't Seem An Imminent Risk And Valuation Is Cheap

Concentrix Corporation to Report Q1, 2024 Results on Mar 26, 2024

Investor sentiment deteriorates as stock falls 16%

Concentrix Corporation Appoints Ryan Peterson as Executive Vice President and Chief Product Officer

Price target increased by 8.4% to US$111

Concentrix Corporation, Annual General Meeting, Mar 21, 2024

Concentrix (NASDAQ:CNXC) Takes On Some Risk With Its Use Of Debt

Fourth quarter dividend of US$0.30 announced

Full year 2023 earnings: EPS misses analyst expectations

Concentrix Corporation Provides Earnings Guidance for the First Quarter and Full Year Fiscal 2024

Concentrix Corporation Announces Executive Changes

Why We're Not Concerned About Concentrix Corporation's (NASDAQ:CNXC) Share Price

Upcoming dividend of US$0.30 per share at 1.5% yield

Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.3025

Director notifies of intention to sell stock

New minor risk - Shareholder dilution

Concentrix (NASDAQ:CNXC) Is Paying Out A Larger Dividend Than Last Year

Third quarter 2023 earnings: EPS misses analyst expectations

Concentrix Corporation Declares Quarterly Dividend, Payable on November 7, 2023

Concentrix Corporation (NasdaqGS:CNXC) completed the acquisition of Webhelp SAS from Groupe Bruxelles Lambert SA (ENXTBR:GBLB), Marnix Luxembourg S.à R.l. and management of Webhelp.

Concentrix Corporation Announces Board Appointments

Concentrix Corporation to Report Q3, 2023 Results on Sep 27, 2023

Upcoming dividend of US$0.28 per share at 1.3% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 34% to US$106

Concentrix Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2023

Concentrix Corporation to Report Q2, 2023 Results on Jun 28, 2023

Upcoming dividend of US$0.28 per share at 1.0% yield

First quarter 2023 earnings: EPS exceeds analyst expectations

Director exercised options and sold US$812k worth of stock

Concentrix Corporation, Annual General Meeting, Mar 23, 2023

Director exercised options and sold US$858k worth of stock

A Look At The Fair Value Of Concentrix Corporation (NASDAQ:CNXC)

Price target decreased by 9.0% to US$161

Full year 2022 earnings: EPS misses analyst expectations

Concentrix Corporation Provides Earnings Guidance First Quarter of 2023 and Full Year 2023

Director exercised options and sold US$812k worth of stock

Concentrix Corporation to Report Q4, 2022 Results on Jan 19, 2023

Director exercised options and sold US$844k worth of stock

Price target decreased to US$167

High number of new and inexperienced directors

Director exercised options and sold US$837k worth of stock

Upcoming dividend of US$0.28 per share

Insider notifies of intention to sell stock

Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.275

Now 20% undervalued after recent price drop

Director exercised options and sold US$654k worth of stock

Concentrix Corporation Declares Quarterly Dividend, Payable on November 8, 2022

Concentrix Q3 2022 Earnings Preview

Is Concentrix Corporation (NASDAQ:CNXC) Expensive For A Reason? A Look At Its Intrinsic Value

Concentrix Corporation: Anatomy Of A Falling Knife

Director exercised options and sold US$751k worth of stock

Concentrix Corporation to Report Q3, 2022 Results on Sep 28, 2022

Director exercised options and sold US$867k worth of stock

Insider recently bought US$54k worth of stock

Concentrix goes ex-dividend tomorrow

Upcoming dividend of US$0.25 per share

Concentrix Corporation (NasdaqGS:CNXC) completed the acquisition of ServiceSource International, Inc. (NasdaqGS:SREV) from Edenbrook Capital Partners, LLC, Archon Capital Management LLC, PRIMECAP Management Company, Lynrock Lake LP and others.