IBEX Ltd (IBEX) saw an uptrend of 36.51% in the recent trading with $41.58 being its most recent. The current price level 29.61% lower than the highest price of $32.08 marked by the stock while trading over the past 52-weeks, whereas it is 152.31% higher than the lowest price of $16.48 the company dropped to over past 52-weeks. The latest news story on IBEX appeared in (Motley Fool) under the title “Why Ibex Stock Surged 41% to All-Time Highs Today (Hint: It’s Artificial Intelligence)”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
IBEX Ltd Earnings – What Happened With IBEX
Coming around sales and income figures on IBEX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. IBEX Ltd (IBEX) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 9.47% for net revenue.
IBEX – IBEX Ltd Stock Earnings Estimates
The perspective of IBEX Ltd (NASDAQ:IBEX)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.47 for stock’s EPS in the current quarter. IBEX Ltd (IBEX) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 9.47% for net revenue. Company’s EPS for the last quarter was 0.52.
IBEX Ltd – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 13.36 million. IBEX does have institutional investors; and they hold 79.93% of the stock.
As on 2024-06-30, AMERICAN CENTURY COMPANIES INC was the top most holder in IBEX Ltd (NASDAQ:IBEX) with an ownership of 1.34 million shares of the company or 7.5625 of the stake worth $21.66 million. The filing also reveals WELLINGTON MANAGEMENT GROUP LLP as the second largest holder in the company with a control over 4.4058 of the outstanding shares. Its stake is worth $12.62 million for having 0.78 million shares in hand.
ROYCE & ASSOCIATES LP also came holding a key position in the company during the recent quarter and it now holds 3.4987 of the outstanding shares. With this there are now 199.0 institutions which have possession in IBEX’s shares.
Key Metrics for IBEX
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, IBEX Ltd has a debt to equity ratio of 0.52.
