Should I buy or sell IBEX stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IBEX in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IBEX shares. View IBEX analyst ratings or view top-rated stocks .

What is IBEX's stock price target for 2024?

6 analysts have issued 12-month target prices for IBEX's shares. Their IBEX share price targets range from $17.00 to $32.00. On average, they expect the company's stock price to reach $22.33 in the next year. This suggests a possible upside of 23.3% from the stock's current price. View analysts price targets for IBEX or view top-rated stocks among Wall Street analysts .

How have IBEX shares performed in 2023?

IBEX's stock was trading at $24.85 at the beginning of 2023. Since then, IBEX stock has decreased by 27.1% and is now trading at $18.11. View the best growth stocks for 2023 here .

Are investors shorting IBEX?

IBEX saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 127,900 shares, an increase of 29.6% from the October 31st total of 98,700 shares. Based on an average daily trading volume, of 96,200 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.3% of the company's shares are sold short. View IBEX's Short Interest .

When is IBEX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our IBEX earnings forecast .

How were IBEX's earnings last quarter?

IBEX Limited (NASDAQ:IBEX) issued its earnings results on Thursday, November, 9th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. The firm had revenue of $124.61 million for the quarter, compared to the consensus estimate of $123.65 million. IBEX had a net margin of 4.90% and a trailing twelve-month return on equity of 24.61%.

What guidance has IBEX issued on next quarter's earnings?

IBEX updated its FY 2024 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $525.00 million-$535.00 million, compared to the consensus revenue estimate of $554.74 million.

What other stocks do shareholders of IBEX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IBEX investors own include Taiwan Semiconductor Manufacturing (TSM) , Catalyst Pharmaceuticals (CPRX) , Compass Diversified (CODI) , Coeur Mining (CDE) , Citigroup (C) , Autolus Therapeutics (AUTL) , Altice USA (ATUS) , Ashford Hospitality Trust (AHT) , Aeglea BioTherapeutics (AGLE) and Albertsons Companies (ACI) .

(IBEX) raised $101 million in an initial public offering on Friday, August 7th 2020. The company issued 4,800,000 shares at $20.00-$22.00 per share. Citigroup, RBC Capital Markets and Baird acted as the underwriters for the IPO and SunTrust Robinson Humphrey and Piper Sandler were co-managers.

Who are IBEX's major shareholders?

IBEX's stock is owned by a number of institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (6.91%), Wellington Management Group LLP (4.01%), Ameriprise Financial Inc. (1.93%), AQR Capital Management LLC (1.89%), Boston Partners (1.47%) and Sei Investments Co. (0.78%).

How do I buy shares of IBEX?

Shares of IBEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does IBEX have any subsidiaries?

The following companies are subsidiares of IBEX: 7 Degrees LLC, DGS (Private) Limited, DGS LIMITED, Digital Globe Services LLC, Ibex Global Bermuda Ltd, Ibex Global Europe, Ibex Global Jamaica Limited, Ibex Global Solutions (Private) Limited, Ibex Global Solutions France S.a.r.l., Ibex Global Solutions Inc., Ibex Global Solutions Nicaragua S.A., Ibex Global Solutions Philippines Inc., Ibex Global Solutions Senegal S.A., Ibex Global St. Lucia Limited, Ibex Honduras S.A. de C.V., Ibex Philippines Inc., Ibex Receivable Solutions Inc., Lake Ball LLC, TRG Customer Solutions (Canada) Inc., TRG Marketing Solutions Limited, TelSatOnline LLC, Virtual World (Private) Limited, and iSky LLC. Read More

IBEX Stock Price, News & Analysis (NASDAQ:IBEX)

$18.11

-0.02 (-0.11%)

(As of 12/7/2023 ET)

Compare

Today's Range: $17.99
▼
$18.29
50-Day Range: $15.41
▼
$18.39
52-Week Range: $11.45
▼
$31.40

Volume: 31,577 shs
Average Volume: 92,576 shs
Market Capitalization: $324.88 million

P/E Ratio: 13.51
Dividend Yield: N/A
Price Target: $22.33

IBEX MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 23.3% Upside
$22.33 Price Target
Short Interest: Healthy
1.33% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.25
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.37%
From $1.90 to $2.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Business Services Sector

67th out of 258 stocks

Data Processing & Preparation Industry

10th out of 44 stocks

3.3

Analyst's Opinion

Consensus Rating
IBEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.33, IBEX has a forecasted upside of 23.3% from its current price of $18.11.
Amount of Analyst Coverage
IBEX has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.33% of the float of IBEX has been sold short.
Short Interest Ratio / Days to Cover
IBEX has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IBEX has recently increased by 29.58%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
IBEX does not currently pay a dividend.
Dividend Growth
IBEX does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IBEX.

1.8

News and Social Media Coverage

News Sentiment
IBEX has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for IBEX this week, compared to 5 articles on an average week.
Search Interest
5 people have searched for IBEX on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IBEX insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.80% of the stock of IBEX is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 35.84% of the stock of IBEX is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for IBEX are expected to grow by 7.37% in the coming year, from $1.90 to $2.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IBEX is 13.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of IBEX is 13.51, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 36.29.
Price to Book Value per Share Ratio
IBEX has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About IBEX Stock (NASDAQ:IBEX)

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience. It operates customer engagement and customer acquisition delivery centers. The company serves banking and financial services, delivery and logistics, health tech and wellness, high tech, retail and e-commerce, streaming and entertainment, travel and hospitality, and utility industries. The company was formerly known as IBEX Holdings Limited and changed its name to IBEX Limited in September 2019. IBEX Limited was incorporated in 2017 and is headquartered in Washington, District of Columbia. The company is a subsidiary of The Resource Group International Limited.

IBEX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IBEX Stock News Headlines

December 7, 2023 | msn.com

Which Men’s Puffer Jacket Is Right for You?

December 6, 2023 | msn.com

Nature's most incredible horns and antlers

December 7, 2023 | Edge On The Street (Ad)

An Unusual Way to Invest in Gold

Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.

December 5, 2023 | msn.com

ibex and Sapling.ai collaborate for AI-powered tools

December 5, 2023 | finance.yahoo.com

ibex Partners with Sapling.ai for AI-Powered Messaging Tools

December 3, 2023 | msn.com

Hikers Will Love This Stunning Italian Destination

November 30, 2023 | msn.com

Innovative North East tech could revolutionise life for osteoporosis sufferers

November 30, 2023 | msn.com

Italy, Spain stocks hit peaks after over 20% rally in 2023

December 7, 2023 | Financial Alphas (Ad)

Recent Reports Are A Wake-Up Call For Investors

As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.

November 30, 2023 | finance.yahoo.com

Dedalus and Ibex Launch an End-to-End AI-powered Digital Pathology Solution, Streamlining Cancer Diagnosis Across Europe

November 23, 2023 | msn.com

Discover How Far and How High Snow Leopards Can Jump

November 22, 2023 | finance.yahoo.com

Will Weakness in IBEX Technologies Inc.'s (CVE:IBT) Stock Prove Temporary Given Strong Fundamentals?

November 16, 2023 | msn.com

Landlord steps away from The Ibex Inn at Chaddleworth

November 11, 2023 | finance.yahoo.com

IBEX Limited (NASDAQ:IBEX) Q1 2024 Earnings Call Transcript

November 11, 2023 | au.investing.com

IBEX shares appeal to investors with strong EPS growth and insider alignment

November 11, 2023 | finance.yahoo.com

If EPS Growth Is Important To You, IBEX (NASDAQ:IBEX) Presents An Opportunity

November 10, 2023 | msn.com

Everything You Need to Know About Layering for Outdoor Activities in the Cold

November 10, 2023 | markets.businessinsider.com

Expert Ratings for IBEX

November 10, 2023 | morningstar.com

IBEX Ltd IBEX

November 10, 2023 | finance.yahoo.com

Q1 2024 Ibex Ltd Earnings Call

November 10, 2023 | finanznachrichten.de

Ibex Limited: IBEX Announces First Quarter of Fiscal Year 2024 Financial Results

November 9, 2023 | msn.com

IBEX Holdings reports Q4 results

November 9, 2023 | msn.com

IBEX Holdings Non-GAAP EPS of $0.40 beats by $0.04, revenue of $124.6M beats by $0.76M

November 8, 2023 | msn.com

CFMoto Concepts Tease Upcoming Models

November 2, 2023 | msn.com

Porsche Skis, Barefoot Boots, Wooly Undies, and More Emerging Gear

November 2, 2023 | msn.com

The animals that have gone extinct in the 21st century

November 1, 2023 | msn.com

Why Merino Wool Is All the Rage

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/07/2023
Next Earnings (Estimated): 2/21/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:IBEX
CUSIP: N/A
CIK: 1720420
Web: www.ibex.co
Phone: 441-295-6500
Fax: N/A
Employees: 29,863
Year Founded: 2002

Price Target and Rating

Average Stock Price Target: $22.33
High Stock Price Target: $32.00
Low Stock Price Target: $17.00
Potential Upside/Downside: +22.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.34
Trailing P/E Ratio: 13.59
Forward P/E Ratio: 9.58
P/E Growth: N/A
Net Income: $31.58 million
Net Margins: 4.90%
Pretax Margin: 7.99%
Return on Equity: 24.61%
Return on Assets: 11.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.27
Quick Ratio: 2.27

Sales & Book Value

Annual Sales: $519.92 million
Price / Sales: 0.63
Cash Flow: $2.88 per share
Price / Cash Flow: 6.33
Book Value: $8.22 per share
Price / Book: 2.22

Miscellaneous

Outstanding Shares: 17,939,000
Free Float: 14,208,000
Market Cap: $326.67 million
Optionable: Not Optionable
Beta: 0.68

Social Links

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

Mr. Robert T. Dechant (Age 61)
CEO & Director
Comp: $1.02M
Mr. David Afdahl (Age 49)
Chief Operating Officer
Comp: $768.42k
Ms. Julie M. Casteel (Age 61)
Chief Marketing & Strategic Accounts Officer
Comp: $661.68k
Mr. Taylor C. Greenwald (Age 55)
Chief Financial Officer
Mr. James Ferrato (Age 68)
Chief Information & Data Privacy Officer
Mr. Michael Darwal (Age 39)
Executive VP of Investor Relations & Deputy CFO
Ms. Christy O'Connor (Age 54)
Chief Legal Officer & Assistant Corporate Secretary
Mr. Bruce N. Dawson (Age 59)
Chief Sales & Client Services Officer
Mr. Paul Inson (Age 59)
Chief People Officer
Mr. Jeffrey Cox (Age 53)
President of IBEX Digital & CX

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

IBEX Stock Analysis - Frequently Asked Questions

Should I buy or sell IBEX stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IBEX in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IBEX shares.
View IBEX analyst ratings or view top-rated stocks.
What is IBEX's stock price target for 2024?: 6 analysts have issued 12-month target prices for IBEX's shares. Their IBEX share price targets range from $17.00 to $32.00. On average, they expect the company's stock price to reach $22.33 in the next year. This suggests a possible upside of 23.3% from the stock's current price.
View analysts price targets for IBEX or view top-rated stocks among Wall Street analysts.
How have IBEX shares performed in 2023?: IBEX's stock was trading at $24.85 at the beginning of 2023. Since then, IBEX stock has decreased by 27.1% and is now trading at $18.11.
View the best growth stocks for 2023 here.
Are investors shorting IBEX?: IBEX saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 127,900 shares, an increase of 29.6% from the October 31st total of 98,700 shares. Based on an average daily trading volume, of 96,200 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.3% of the company's shares are sold short.
View IBEX's Short Interest.
When is IBEX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our IBEX earnings forecast.
How were IBEX's earnings last quarter?: IBEX Limited (NASDAQ:IBEX) issued its earnings results on Thursday, November, 9th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. The firm had revenue of $124.61 million for the quarter, compared to the consensus estimate of $123.65 million. IBEX had a net margin of 4.90% and a trailing twelve-month return on equity of 24.61%.

What guidance has IBEX issued on next quarter's earnings?: IBEX updated its FY 2024 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $525.00 million-$535.00 million, compared to the consensus revenue estimate of $554.74 million.
What other stocks do shareholders of IBEX own?: Based on aggregate information from My MarketBeat watchlists, some companies that other IBEX investors own include Taiwan Semiconductor Manufacturing (TSM), Catalyst Pharmaceuticals (CPRX), Compass Diversified (CODI), Coeur Mining (CDE), Citigroup (C), Autolus Therapeutics (AUTL), Altice USA (ATUS), Ashford Hospitality Trust (AHT), Aeglea BioTherapeutics (AGLE) and Albertsons Companies (ACI).
When did IBEX IPO?: (IBEX) raised $101 million in an initial public offering on Friday, August 7th 2020. The company issued 4,800,000 shares at $20.00-$22.00 per share. Citigroup, RBC Capital Markets and Baird acted as the underwriters for the IPO and SunTrust Robinson Humphrey and Piper Sandler were co-managers.
Who are IBEX's major shareholders?: IBEX's stock is owned by a number of institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (6.91%), Wellington Management Group LLP (4.01%), Ameriprise Financial Inc. (1.93%), AQR Capital Management LLC (1.89%), Boston Partners (1.47%) and Sei Investments Co. (0.78%).
How do I buy shares of IBEX?: Shares of IBEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does IBEX have any subsidiaries?: The following companies are subsidiares of IBEX: 7 Degrees LLC, DGS (Private) Limited, DGS LIMITED, Digital Globe Services LLC, Ibex Global Bermuda Ltd, Ibex Global Europe, Ibex Global Jamaica Limited, Ibex Global Solutions (Private) Limited, Ibex Global Solutions France S.a.r.l., Ibex Global Solutions Inc., Ibex Global Solutions Nicaragua S.A., Ibex Global Solutions Philippines Inc., Ibex Global Solutions Senegal S.A., Ibex Global St. Lucia Limited, Ibex Honduras S.A. de C.V., Ibex Philippines Inc., Ibex Receivable Solutions Inc., Lake Ball LLC, TRG Customer Solutions (Canada) Inc., TRG Marketing Solutions Limited, TelSatOnline LLC, Virtual World (Private) Limited, and iSky LLC.
Read More

This page (NASDAQ:IBEX) was last updated on 12/7/2023 by MarketBeat.com Staff

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