Kathryn Hayley Shows Confidence in Concentrix Co. with Purchase of 300 Shares on Monday
July 11, 2023
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Concentrix Corporation ($NASDAQ:CNXC) is a leading global provider of customer experience and technology solutions. The company offers a wide range of data-driven solutions and services to the world’s leading companies and brands, helping them to drive customer loyalty and increase revenue. On Monday, Kathryn Hayley, Director of Concentrix Co., demonstrated her confidence in the company by acquiring 300 shares of the company’s stock in a transaction. This purchase marks a strong vote of confidence in the company’s potential from one of its most senior executives. The purchase is an even more impressive show of confidence considering the current state of the markets.
It suggests that Ms. Hayley sees the long-term potential of Concentrix Corporation and is willing to put her money where her mouth is. This confidence in the company’s future is an encouraging sign for shareholders and could be a strong indicator of a bright future for the company. This could be an indication that Concentrix Corporation is about to enter into a period of positive growth in the coming months, and that investors should take note. With a strong executive at the helm, the future looks promising for Concentrix Corporation.
Stock Price
On Monday, Kathryn Hayley, the Chief Financial Officer of CONCENTRIX CORPORATION, purchased 300 shares of the company’s stock at opening price of $82.9. This purchase showed her confidence in the company’s future prospects despite recent market volatility. The stock closed at $84.3, which is an increase of 1.7% from its last closing price of $82.9. This increase in share price suggests that investors have also taken notice of Hayley’s confidence in the company and foresee a favorable future for CONCENTRIX CORPORATION. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Concentrix Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 6.47k | 381.62 | 5.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Concentrix Corporation. More…
| Operations | Investing | Financing |
| 659.6 | -1.84k | 1.24k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Concentrix Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.56k | 3.71k | 55.77 |
Key Ratios Snapshot
Some of the financial key ratios for Concentrix Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.3% | 29.6% | 10.3% |
| FCF Margin | ROE | ROA |
| 8.1% | 14.7% | 6.3% |
Analysis
At GoodWhale, we have conducted an in-depth analysis of CONCENTRIX CORPORATION’s fundamentals. After careful consideration, we have assessed the company as a medium risk investment in terms of their financial and business aspects. Our analysis has uncovered three risk warnings in their balance sheet, cashflow statement and financial journal. To get access to these details, please register as a GoodWhale user to view our full report. We recommend taking the necessary precautions and conducting more research before investing in the company’s stock. More…
Peers
The company has a strong presence in the US, Europe, and Asia-Pacific regions. Concentrix Corp’s competitors include WidePoint Corp, Oracle Corp Japan, Alithya Group Inc, and other IT outsourcing and customer relationship management companies.
– WidePoint Corp ($NYSEAM:WYY)
As of 2022, WidePoint Corporation’s market capitalization is $22.18 million. The company’s return on equity is -30.85%. WidePoint Corporation is a technology solutions provider that specializes in secure mobility management and enterprise cybersecurity solutions. The company’s products and services enable government agencies and enterprises to deploy and manage mobile devices and applications securely and cost-effectively.
– Oracle Corp Japan ($TSE:4716)
Oracle Corporation Japan is a Japanese subsidiary of Oracle Corporation. It is one of the largest software companies in the world, with a market capitalization of over $1 trillion. The company develops and sells database, middleware, and application software. Oracle Corporation Japan has a return on equity of 37.48%.
– Alithya Group Inc ($TSX:ALYA)
Alithya Group Inc is a global technology and management consulting firm. They offer a comprehensive range of digital, consulting, and managed services to organizations in North America, Europe, and Asia Pacific. They have a market cap of 232M as of 2022 and a Return on Equity of -4.33%. The company has been struggling financially in recent years and has been cutting costs in an attempt to improve their bottom line.
Summary
Concentrix Corporation is a business process services company that helps organizations improve customer experience and drive customer loyalty. An analysis of the company’s stock may provide valuable insights into its overall performance. Recent news of Director Kathryn Hayley purchasing 300 shares of the company’s stock is a strong indicator that the company is doing well. It can be assumed that the director believes the stock is likely to increase in value. Analyzing the company’s financials, such as its revenue, earnings, and cash flow, can also help investors make informed decisions when it comes to investing in Concentrix Corporation.
Additionally, examining the company’s competitive positioning within the industry and monitoring competitors may provide further insight into how the company is faring. By taking into account all of these factors, investors can make more informed decisions when considering investing in Concentrix Corporation.
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