Key Points
- IBEX director Daniella Ballou-Aares sold 6,000 shares on March 13 at an average price of $24.22 for $145,320, cutting her position by 35% to 11,143 shares.
- IBEX beat quarterly estimates, reporting EPS of $0.87 versus $0.78 expected and revenue of $164.22M (consensus $155.48M), with a 7.35% net margin and 31.7% ROE.
- Shares trade near $29.72 (52‑week range $22.63–$42.99) with a market cap of about $398.6M, 81.24% institutional ownership, and mixed analyst coverage averaging a "Hold" with a $35 price target.
IBEX Limited (NASDAQ:IBEX - Get Free Report) Director Daniella Ballou-Aares sold 500 shares of the firm's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $35.01, for a total value of $17,505.00. Following the completion of the sale, the director directly owned 10,643 shares in the company, valued at approximately $372,611.43. The trade was a 4.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
IBEX Trading Up 0.8%
Shares of NASDAQ:IBEX opened at $29.72 on Friday. The stock's 50-day moving average price is $28.76 and its two-hundred day moving average price is $34.22. IBEX Limited has a 12-month low of $22.63 and a 12-month high of $42.99. The firm has a market cap of $398.55 million, a price-to-earnings ratio of 9.78 and a beta of 0.69.
IBEX (NASDAQ:IBEX - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.09. IBEX had a return on equity of 31.70% and a net margin of 7.35%.The firm had revenue of $164.22 million for the quarter, compared to analyst estimates of $155.48 million.
Analyst Ratings Changes
Several research firms have recently weighed in on IBEX. Weiss Ratings lowered IBEX from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, February 5th. Wall Street Zen raised IBEX from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 21st. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $35.00.
View Our Latest Stock Analysis on IBEX
Institutional Investors Weigh In On IBEX
Several hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of IBEX by 8.4% during the 4th quarter. JPMorgan Chase & Co. now owns 376,941 shares of the company's stock valued at $14,392,000 after buying an additional 29,358 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of IBEX by 2.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 333,249 shares of the company's stock valued at $12,724,000 after buying an additional 7,891 shares during the period. Wells Fargo & Company MN raised its holdings in shares of IBEX by 3.9% during the 4th quarter. Wells Fargo & Company MN now owns 279,770 shares of the company's stock valued at $10,682,000 after buying an additional 10,571 shares during the period. Boston Partners raised its holdings in shares of IBEX by 12.4% during the 4th quarter. Boston Partners now owns 275,046 shares of the company's stock valued at $10,501,000 after buying an additional 30,314 shares during the period. Finally, State Street Corp raised its holdings in shares of IBEX by 0.6% during the 4th quarter. State Street Corp now owns 196,655 shares of the company's stock valued at $7,508,000 after buying an additional 1,258 shares during the period. 81.24% of the stock is currently owned by hedge funds and other 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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