IBEXIBEX
Market Cap: 304M
About: IBEX Ltd 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: 32,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $5K | Put options by funds: $2K
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
12% less funds holding
Funds holding: 83 [Q4 2023] → 73 (-10) [Q1 2024]
31.41% less ownership
Funds ownership: 68.07% [Q4 2023] → 36.66% (-31.41%) [Q1 2024]
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
56% less capital invested
Capital invested by funds: $224M [Q4 2023] → $99.4M (-$125M) [Q1 2024]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Baird David Koning | 13%upside $20 | Outperform Maintained | 19 Apr 2024 |
Truist Securities Tobey Sommer | 25%upside $22 | Buy Maintained | 9 Feb 2024 |
Piper Sandler Arvind Ramnani | 4%downside $17 | Neutral Reiterated | 9 Feb 2024 |