IBEX (NASDAQ:IBEX) posted its quarterly earnings data on Monday. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.15, MarketWatch Earnings reports. IBEX had a negative net margin of 1.14% and a positive return on equity of 33.09%. During the same quarter last year, the firm earned $0.14 earnings per share.
NASDAQ IBEX opened at $17.85 on Wednesday. The company has a 50 day simple moving average of $19.73 and a 200-day simple moving average of $20.86. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.40 and a quick ratio of 1.40. The firm has a market capitalization of $328.23 million and a price-to-earnings ratio of -46.97. IBEX has a 52-week low of $9.27 and a 52-week high of $25.50.
A number of analysts have commented on IBEX shares. Robert W. Baird reaffirmed a “buy” rating and set a $28.00 price objective on shares of IBEX in a research note on Monday, September 6th. Piper Sandler reduced their price objective on shares of IBEX from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Zacks Investment Research lowered shares of IBEX from a “buy” rating to a “hold” rating in a research note on Wednesday, July 21st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $21.83.
IBEX Company Profile
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company provides ibex Connect, a customer engagement solution comprises customer service, technical support, and other value-added outsourced back office services through voice, email, chat, SMS, social media and other communication applications; ibex Digital, a customer acquisition solution that offers search, social, and display advertising capabilities; and ibex CX, a customer experience solution, which provides a comprehensive suite of proprietary software tools to measure, monitor and manage its clients' customer experience.
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