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 business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.
Concentrix has a beta of 0.55, suggesting that its stock price is 45% less volatile than the S&P 500. Comparatively, Grab has a beta of 0.81, suggesting that its stock 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.
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 currently has a consensus target price of $74.75, suggesting a potential upside of 21.88%. Grab has a consensus target price of $5.07, suggesting a potential upside of 38.19%. Given Grab's stronger consensus rating and higher probable upside, analysts plainly believe Grab is more favorable than Concentrix.
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.
In the previous week, Grab had 17 more articles in the media than Concentrix. MarketBeat recorded 23 mentions for Grab and 6 mentions for Concentrix. Concentrix's average media sentiment score of 1.21 beat Grab's score of 0.32 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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
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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