IBEXIBEX
IBEX
About: IBEX Ltd delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage, and retain valuable customers. It is an end-to-end provider of technology-enabled customer lifecycle experience (CLX) solutions to optimize customer acquisition, engagement, expansion, and experience for its clients. IBEX operates through the Business process outsourcing segment. Its services cover three areas: Digital and omni-channel Customer Experience (ibex Connect), Digital Marketing and E-Commerce (ibex Digital) and Digital CX surveys and analytics (ibex CX). It caters to a broad range of industries, such as telecommunications, cable, financial services, and healthcare.
Employees: 30,000
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
383% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 6
32% more funds holding
Funds holding: 72 [Q2] → 95 (+23) [Q3]
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
23% more capital invested
Capital invested by funds: $106M [Q2] → $131M (+$24.4M) [Q3]
0.96% more ownership
Funds ownership: 38.16% [Q2] → 39.12% (+0.96%) [Q3]
10% less call options, than puts
Call options by funds: $18K | Put options by funds: $20K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$26
28%
upside
Avg. target
$26
28%
upside
High target
$26
28%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Baird David Koning 78% 1-year accuracy 25 / 32 met price target | 28%upside $26 | Outperform Maintained | 8 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
4 weeks ago
ibex Wave iX Wins 2024 Netty Award for Tech - Best CX Innovation
WASHINGTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced that ibex Wave iX , its AI-enabled CX solution suite, has earned a 2024 Netty Award for Tech - Best CX Innovation. This honor emphasizes the success of ibex Wave iX in transforming the customer experience for leading brands around the world.
Neutral
GlobeNewsWire
1 month ago
IBEX Limited Announces $70 Million Repurchase from The Resource Group International, Exiting Controlled Company Status
WASHINGTON, Nov. 19, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”, or “the Company”) (Nasdaq: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced that it repurchased an aggregate of 3,562,341 of the Company's common shares beneficially owned by The Resource Group International, Limited (“TRGI”), which represents approximately 20% of the diluted shares outstanding. These shares were unregistered and were not part of the public float. The purchase price was $19.65 per share, which was the last closing price, as well as the five-day volume weighted average trading price, for ibex common shares on the Nasdaq Global Market. The total transaction consideration is $70 million consisting of $45 million in cash and $25 million in seller financing. Subsequent to this transaction, Ibex will have a proforma net debt position of approximately $9 million based on Ibex's most recently released balance sheet dated September 30, 2024.
Neutral
GlobeNewsWire
1 month ago
ibex Sponsors CCW Executive Exchange 2024 in Phoenix
PHOENIX, Nov. 12, 2024 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced its sponsorship of CCW Executive Exchange 2024, taking place November 13-15 at the Wigwam Resort in Phoenix. ibex will lead a roundtable discussion, Hype Vs.
Neutral
Seeking Alpha
1 month ago
IBEX Limited (IBEX) Q1 2025 Earnings Call Transcript
IBEX Limited (NASDAQ:IBEX ) Q1 2025 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Michael Darwal - Head-Investor Relations Bob Dechant - Chief Executive Officer Taylor Greenwald - Chief Financial Officer Conference Call Participants David Koning - Baird Operator Thank you for standing by. My name is Hermione, and I will be your conference operator today.
Neutral
GlobeNewsWire
1 month ago
ibex Announces Changes to Board of Directors
Welcomes Patrick J. McGinnis and JJ Zhuang to the Board, Bringing Vast Entrepreneurial, Venture Capital, and Software Engineering Expertise Welcomes Patrick J. McGinnis and JJ Zhuang to the Board, Bringing Vast Entrepreneurial, Venture Capital, and Software Engineering Expertise
Neutral
GlobeNewsWire
1 month ago
IBEX Limited to Announce First Quarter 2025 Financial Results on November 7th, 2024
WASHINGTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”) (Nasdaq: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced it will report first quarter 2025 financial results after the market close on Thursday, November 7, 2024. Management will host a conference call and webcast to discuss the Company's financial results, recent developments, and business outlook at 4:30 p.m. ET.
Neutral
GlobeNewsWire
1 month ago
ibex Ranked #2 in Forbes America's Best Employers for Tech Workers List
Ranking places ibex ahead of tech giants, underscoring the company's commitment to innovation and its world-class employee experience Ranking places ibex ahead of tech giants, underscoring the company's commitment to innovation and its world-class employee experience
Neutral
GlobeNewsWire
2 months ago
ibex Expands Call Center Operations in Honduras, Creating 250 New Jobs in the Region
TEGUCIGALPA, Honduras, Oct. 08, 2024 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced a significant expansion of its operations in Tegucigalpa, the capital of Honduras. This expansion underscores ibex's commitment to growth in the region and strengthens its nearshore strategy.
Neutral
GlobeNewsWire
2 months ago
ibex Jamaica Holds Back-To-School Event to Support Children of Employees
Students received laptops, tablets, backpacks, school supplies and bookstore gift vouchers for the new school year Students received laptops, tablets, backpacks, school supplies and bookstore gift vouchers for the new school year
Positive
Seeking Alpha
2 months ago
Ibex: Strong Fundamentals, Improvement In Margins Make This Stock A Compelling Buy
I believe the 20% share price increase since Q4 FY2024 earnings reflects investors' confidence in Ibex's strong fundamentals and recent share buybacks, following a long-term decline since early 2023. Despite recent revenue declines in fintech and telecommunications, I favor the company's focus on higher margin offshore operations, which have improved significantly its profitability margins. Ibex's high client concentration, with its top five clients contributing to 36% of revenue, represents a risk if any major contracts are not renewed.
Charts implemented using Lightweight Charts™