Convergys (CVG) Set to Announce Earnings on Wednesday

Convergys (NYSE:CVG) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.45 per share for the quarter.

Convergys (NYSE CVG) opened at $23.15 on Monday. Convergys has a 52-week low of $20.15 and a 52-week high of $26.66. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.60 and a current ratio of 2.60. The company has a market cap of $2,139.34, a P/E ratio of 17.81, a P/E/G ratio of 1.40 and a beta of 1.02.

In other Convergys news, CEO Andrea J. Ayers sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $24.15, for a total transaction of $724,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.70% of the stock is owned by insiders.

CVG has been the subject of several research analyst reports. ValuEngine lowered shares of Convergys from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research raised shares of Convergys from a “sell” rating to a “hold” rating in a research report on Monday, January 15th. Robert W. Baird reaffirmed a “hold” rating and set a $28.00 price target on shares of Convergys in a research report on Tuesday, October 24th. Finally, Citigroup dropped their price target on shares of Convergys from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Friday, November 10th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.00.

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Convergys Company Profile

Convergys Corporation is engaged in customer experience outsourcing. The Company’s geographical segments include North America and Rest of World. The Company offers services across industries, including communications and media, technology, financial services, retail, government and healthcare. The Company helps businesses to create customer experiences across multiple interaction channels, such as voice, chat, e-mail and interactive voice response.

Earnings History for Convergys (NYSE:CVG)

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