Key Points
- IBEX CEO Robert Thomas Dechant sold 6,000 shares on Feb 23 at $28.46 for $170,760, reducing his stake by 2.13% to 275,406 shares (he also sold 6,000 shares on Feb 17 at $29.63, bringing total recent insider sales to 12,000 shares, roughly $348,540).
- Company recently beat expectations, reporting $0.87 EPS vs $0.78 estimate and $164.22M in revenue, while the stock trades with a market cap of about $372M, a PE of 9.13, and a consensus analyst rating of "Hold" with an average target of $35.
IBEX Limited (NASDAQ:IBEX - Get Free Report) CEO Robert Thomas Dechant sold 6,000 shares of the business's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $28.46, for a total transaction of $170,760.00. Following the sale, the chief executive officer owned 275,406 shares of the company's stock, valued at approximately $7,838,054.76. The trade was a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Robert Thomas Dechant also recently made the following trade(s):
- On Tuesday, February 17th, Robert Thomas Dechant sold 6,000 shares of IBEX stock. The stock was sold at an average price of $29.63, for a total transaction of $177,780.00.
IBEX Stock Performance
NASDAQ IBEX opened at $27.77 on Tuesday. The firm has a market capitalization of $372.40 million, a PE ratio of 9.13 and a beta of 0.64. IBEX Limited has a one year low of $21.64 and a one year high of $42.99. The company has a 50-day simple moving average of $36.02 and a 200-day simple moving average of $35.51.
IBEX (NASDAQ:IBEX - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.09. The company had revenue of $164.22 million during the quarter, compared to the consensus estimate of $155.48 million. IBEX had a return on equity of 31.70% and a net margin of 7.35%.
Analysts Set New Price Targets
Several equities research analysts have weighed in on IBEX shares. Weiss Ratings lowered IBEX from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, February 5th. Wall Street Zen raised shares of IBEX from a "buy" rating to a "strong-buy" rating in a report on Saturday. Finally, Royal Bank Of Canada lifted their price objective on shares of IBEX from $39.00 to $40.00 and gave the company a "sector perform" rating in a research report on Monday, November 10th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $35.00.
Get Our Latest Analysis on IBEX
Institutional Investors Weigh In On IBEX
A number of hedge funds and other institutional investors have recently modified their holdings of IBEX. Acadian Asset Management LLC lifted its holdings in IBEX by 8.0% in the 2nd quarter. Acadian Asset Management LLC now owns 444,377 shares of the company's stock valued at $12,924,000 after acquiring an additional 32,911 shares during the last quarter. LSV Asset Management raised its holdings in shares of IBEX by 52.7% in the 2nd quarter. LSV Asset Management now owns 22,900 shares of the company's stock worth $666,000 after purchasing an additional 7,900 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in shares of IBEX by 24.6% in the 2nd quarter. Los Angeles Capital Management LLC now owns 36,104 shares of the company's stock worth $1,051,000 after purchasing an additional 7,125 shares in the last quarter. Panagora Asset Management Inc. lifted its stake in IBEX by 117.9% during the second quarter. Panagora Asset Management Inc. now owns 63,948 shares of the company's stock valued at $1,861,000 after purchasing an additional 34,606 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in IBEX by 9.9% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 15,996 shares of the company's stock worth $465,000 after buying an additional 1,438 shares in the last quarter. 81.24% of the stock is currently owned by institutional investors.
IBEX Company Profile
(
Get Free Report)
IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company's core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.
Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.
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