IBEX (IBEX) to Release Quarterly Earnings on Thursday

IBEX (NASDAQ:IBEX) is anticipated to release its earnings data after the market closes on Thursday, February 6th. Analysts expect IBEX to post earnings of $0.49 per share and revenue of $134.63 million for the quarter. IBEX has set its FY 2025 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

IBEX (NASDAQ:IBEX) last announced its earnings results on Thursday, November 7th. The company reported $0.48 earnings per share for the quarter. IBEX had a net margin of 6.57% and a return on equity of 22.54%. The firm had revenue of $129.72 million for the quarter.

IBEX Stock Down 1.4 %

Shares of IBEX opened at $21.71 on Tuesday. IBEX has a fifty-two week low of $13.00 and a fifty-two week high of $22.67. The company has a market cap of $363.97 million, a P/E ratio of 11.49 and a beta of 0.78. The firm’s 50 day moving average price is $21.10 and its 200 day moving average price is $19.18.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird boosted their target price on IBEX from $23.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $21.25.

Insider Buying and Selling at IBEX

In other IBEX news, major shareholder Gem G.P. L.P. Pinebridge II sold 78,728 shares of IBEX stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $20.12, for a total value of $1,584,007.36. Following the transaction, the insider now directly owns 1,641,011 shares in the company, valued at approximately $33,017,141.32. The trade was a 4.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Group International L. Resource sold 2,011 shares of IBEX stock in a transaction on Friday, November 8th. The shares were sold at an average price of $20.00, for a total transaction of $40,220.00. Following the completion of the transaction, the director now owns 5,348,432 shares in the company, valued at approximately $106,968,640. This represents a 0.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 328,500 shares of company stock worth $6,671,933 over the last 90 days. Corporate insiders own 6.72% of the company’s stock.

About 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.