CNXC vs. GRAB, AKAM, RBA, Z, ZG, CART, WEX, ETSY, HQY, and FOUR
Should you be buying Concentrix stock or one of its competitors? The main competitors of Concentrix include Grab (GRAB), Akamai Technologies (AKAM), RB Global (RBA), Zillow Group (Z), Zillow Group (ZG), Maplebear (CART), WEX (WEX), Etsy (ETSY), HealthEquity (HQY), and Shift4 Payments (FOUR). These companies are all part of the "business services, not elsewhere classified" industry.
Concentrix (NASDAQ:CNXC) and Grab (NASDAQ:GRAB) are both business services companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, risk, media sentiment, earnings, community ranking, dividends, analyst recommendations, institutional ownership and valuation.
Grab received 7 more outperform votes than Concentrix when rated by MarketBeat users. However, 48.57% of users gave Concentrix an outperform vote while only 42.86% of users gave Grab an outperform vote.
Concentrix has a net margin of 3.53% compared to Grab's net margin of -11.86%. Concentrix's return on equity of 17.70% beat Grab's return on equity.
Concentrix presently has a consensus price target of $74.75, suggesting a potential upside of 21.88%. Grab has a consensus price target of $5.07, suggesting a potential upside of 38.19%. Given Grab's stronger consensus rating and higher possible upside, analysts plainly believe Grab is more favorable than Concentrix.
In the previous week, Grab had 23 more articles in the media than Concentrix. MarketBeat recorded 28 mentions for Grab and 5 mentions for Concentrix. Concentrix's average media sentiment score of 1.13 beat Grab's score of 0.29 indicating that Concentrix is being referred to more favorably in the media.
90.3% of Concentrix shares are owned by institutional investors. Comparatively, 55.5% of Grab shares are owned by institutional investors. 3.0% of Concentrix shares are owned by company insiders. Comparatively, 3.6% of Grab shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Concentrix has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500. Comparatively, Grab has a beta of 0.81, meaning that its share price is 19% less volatile than the S&P 500.
Concentrix has higher revenue and earnings than Grab. Grab is trading at a lower price-to-earnings ratio than Concentrix, indicating that it is currently the more affordable of the two stocks.
Summary
Concentrix beats Grab on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CNXC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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