IBEX (NASDAQ:IBEX) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

IBEX (NASDAQ:IBEX) announced its quarterly earnings data on Thursday. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01, FiscalAI reports. The business had revenue of $164.27 million during the quarter, compared to the consensus estimate of $160.02 million. IBEX had a net margin of 7.53% and a return on equity of 31.50%.

IBEX Stock Up 0.6%

NASDAQ IBEX traded up $0.22 during trading hours on Thursday, hitting $37.26. The company had a trading volume of 182,012 shares, compared to its average volume of 121,142. The firm has a market cap of $498.91 million, a P/E ratio of 11.64 and a beta of 0.72. IBEX has a fifty-two week low of $25.94 and a fifty-two week high of $42.99. The business has a fifty day simple moving average of $35.70 and a 200-day simple moving average of $31.66.

Hedge Funds Weigh In On IBEX

Institutional investors have recently modified their holdings of the company. Amundi acquired a new stake in shares of IBEX in the 1st quarter worth about $74,000. AQR Capital Management LLC lifted its position in IBEX by 312.6% in the 1st quarter. AQR Capital Management LLC now owns 139,902 shares of the company’s stock valued at $3,407,000 after purchasing an additional 105,997 shares during the last quarter. Jane Street Group LLC acquired a new position in IBEX during the 1st quarter valued at about $756,000. Geode Capital Management LLC boosted its stake in IBEX by 12.3% during the 2nd quarter. Geode Capital Management LLC now owns 127,735 shares of the company’s stock valued at $3,717,000 after purchasing an additional 13,941 shares during the period. Finally, Rhumbline Advisers grew its position in IBEX by 11.4% in the 2nd quarter. Rhumbline Advisers now owns 14,320 shares of the company’s stock worth $417,000 after purchasing an additional 1,466 shares during the last quarter. Institutional investors own 81.24% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of IBEX in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $40.00.

IBEX Company Profile

IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company’s core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.

Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.