IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally.
Ibex stock last closed at $25.71, down 0.39% from the previous day, and has increased 112.04% in one year. It has overperformed other stocks in the Software - Application industry by 1.54 percentage points. Ibex stock is currently +138.72% from its 52-week low of $10.77, and -4.53% from its 52-week high of $26.93.
There are currently 18.14M IBEX shares outstanding. The market capitalization of IBEX is $466.39M. In the past 24 hours, 59,849 IBEX shares were traded.
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You can view all of the due diligence checks on IBEX's stock page.
You can use many financial metrics, analyses, models, and charts to gauge IBEX's true value.
Using relative valuations ratios:
You can do additional valuation research on IBEX's stock here.
Out of 4 Equities analysts who research IBEX, the consensus analyst rating on IBEX is a Strong Buy
Ryan Potter, a bottom 27% analyst from Citigroup maintains IBEX with a hold rating and raises their IBEX price target from $18.00 to $26.00, on Nov 18, 2022.
Tobey Sommer, a top 3% analyst from Truist Securities maintains IBEX with a strong buy rating and raises their IBEX price target from $22.00 to $27.00, on Nov 16, 2022.
Sommer raised his price target on Ibex Holdings Ltd. by 22.7% following the release of the company's Q1 2023 earnings report on 2022/11/15.
The company returned positive Q1 results while management reaffirmed prior guidance amid continued choppy results from outsourcing competitors, the analyst reported.
Looking beyond the Q1's "solid" results, an even bigger story for the stock was last week's Bloomberg report* indicating financial sponsors are interested in taking the company private, Sommer stated.
* From here: CVC Capital Partners has been speaking to banks about financing for a potential bid, deliberations are ongoing, and there’s no certainty they will result in a formal offer.
For Q1 2023, Ibex reported:
Management guided for FY 2023:
CEO Bob Dechant commented, “Q1 2023 delivered the company’s best start to a fiscal year on record, highlighted by revenue growth of 17.8% Y/Y, EBITDA margins of 14.3%, strong net income, EPS, and free cash flow.
“Ibex continues to execute, despite continued market volatility and global inflationary cost pressures. Our powerful new logo engine and ability to land and expand partnerships are driving client and vertical growth and diversification.
“Looking forward to the remainder of FY 2023, we are confident in the resiliency of our business, supported by the client diversification and strategic vertical expansions we’ve built over the preceding years.
"These efforts have our company well positioned in today’s market as we have less exposure to any one client or any one vertical
"As a result of our strong start to the year, we are reiterating our prior guidance and remain confident in our brand and ability to continue to win business."
Daniel Perlin, a bottom 3% analyst from RBC Capital maintains IBEX with a buy rating and raises their IBEX price target from $20.00 to $26.00, on Nov 16, 2022.
Arvind Ramnani, a bottom 1% analyst from Piper Sandler maintains IBEX with a strong buy rating and raises their IBEX price target from $20.00 to $27.00, on Nov 16, 2022.
You can dig deeper into what analysts are projecting on the Ibex stock forecast page.
Last year, IBEX earnings were $24.28M. Over the last one years, IBEX's earnings have increased by 150.94% per year. This was faster than the Software - Application industry average of 28.07%.
Last year, IBEX revenue was $512.88M. During the last two year, IBEX's revenue has grown by 10.69% per year. This was slower than the Software - Application industry average of 34.51%.
You can research IBEX's earnings and revenue performance here.
In the last year, insiders at IBEX have not bought or sold any shares.
Research more about who owns IBEX shares here.
No, Ibex doesn't provide an income stream by paying out dividends.
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