IBEX (IBEX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $19.10 to $19.87
• 50-Day Range: $16.46 to $20.18
• 52-Week Range: $13.00 to $20.56
• Volume: 104,852 shs
• Average Volume: 86,785 shs
• Market Capitalization: $324.31 million
• P/E Ratio: 10.24
• Dividend Yield: N/A
• Price Target: $21.25
• Consensus Rating: Moderate Buy

IBEX Stock Analysis - MarketRank™

IBEX scored higher than 35% of companies evaluated by MarketBeat, and ranked 241st out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

IBEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

IBEX has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of IBEX is 10.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of IBEX is 10.24, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 26.63.

Price to Book Value per Share Ratio

IBEX has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.41% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in IBEX has recently decreased by 28.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

IBEX does not currently pay a dividend.

Dividend Growth

IBEX does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.41% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in IBEX has recently decreased by 28.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.11

News Sentiment

IBEX has a news sentiment score of 0.11. 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 0.62 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for IBEX this week, compared to 8 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, IBEX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,813,965.00 in company stock.

Percentage Held by Insiders

Only 6.72% of the stock of IBEX is held by insiders.

Percentage Held by Institutions

81.24% of the stock of IBEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IBEX Stock Analysis - Frequently Asked Questions

How have IBEX shares performed this year?

IBEX's stock was trading at $19.01 at the beginning of the year. Since then, IBEX stock has increased by 1.8% and is now trading at $19.35.
View the best growth stocks for 2024 here.

How were IBEX's earnings last quarter?

IBEX Limited (NASDAQ:IBEX) released its quarterly earnings results on Thursday, September, 12th. The company reported $0.54 earnings per share (EPS) for the quarter. The firm had revenue of $124.53 million for the quarter. IBEX had a trailing twelve-month return on equity of 22.54% and a net margin of 6.57%.

Does IBEX have any subsidiaries?

IBEX subsidiaries include 7 Degrees LLC, DGS LIMITED, DGS (Private) Limited, Digital Globe Services LLC, Ibex Global Bermuda Ltd, Ibex Global Europe, Ibex Global Jamaica Limited, and others.

When did IBEX IPO?

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

Who are IBEX's major shareholders?

IBEX's top institutional investors include Royce & Associates LP (3.16%), Wellington Management Group LLP (3.11%), State Street Corp (1.08%) and Jacobs Levy Equity Management Inc. (0.51%). Insiders that own company stock include Group International L Resource, Gem GP LP Pinebridge II, Jeffrey Hays Cox, Shuja Keen and Mohammedulla Khaishgi.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of IBEX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IBEX investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 9/12/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 2/13/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:IBEX
• CUSIP: N/A
• CIK: 1720420
• Web: www.ibex.co
• Phone: 441-295-6500
• Fax: N/A
• Employees: 30,000
• Year Founded: 2002

Price Target and Rating

• Average Stock Price Target: $21.25
• High Stock Price Target: $26.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +9.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.89
• Trailing P/E Ratio: 10.24
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $33.65 million
• Net Margins: 6.57%
• Pretax Margin: 8.12%
• Return on Equity: 22.54%
• Return on Assets: 12.38%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.42
• Quick Ratio: 2.42

Sales & Book Value

• Annual Sales: $513.68 million
• Price / Sales: 0.63
• Cash Flow: $3.10 per share
• Price / Cash Flow: 6.24
• Book Value: $10.20 per share
• Price / Book: 1.90

Miscellaneous

• Outstanding Shares: 16,765,000
• Free Float: 15,638,000
• Market Cap: $324.40 million
• Optionable: Not Optionable
• Beta: 0.76