IBEX Ltd (IBEX) stock: 12-month forecast projects -21.25% potential drop%

IBEX Ltd [IBEX] stock prices are up 0.22% to $27.30 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The IBEX shares have gain 11.47% over the last week, with a monthly amount glided 23.19%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

IBEX Ltd [NASDAQ: IBEX] stock has seen the most recent analyst activity on November 10, 2023, when Piper Sandler downgraded its rating to a Neutral but kept the price target unchanged to $17 for it. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on September 14, 2023, and dropped its price target to $18. On July 19, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $20 on the stock.

The stock price of IBEX Ltd [IBEX] has been fluctuating between $13.00 and $27.34 over the past year. Currently, Wall Street analysts expect the stock to reach $21.5 within the next 12 months. IBEX Ltd [NASDAQ: IBEX] shares were valued at $27.30 at the most recent close of the market. An investor can expect a potential drop of -21.25% based on the average IBEX price forecast.

Analyzing the IBEX fundamentals

The IBEX Ltd [NASDAQ:IBEX] reported sales of 521.73M for trailing twelve months, representing a surge of 6.07%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.24 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.87.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.72 points at the first support level, and at 26.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.85, and for the 2nd resistance point, it is at 28.41.

Ratios To Look Out For

It’s worth pointing out that IBEX Ltd [NASDAQ:IBEX]’s Current Ratio is 1.44. On the other hand, the Quick Ratio is 1.44, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 3.30 and price to earnings (TTM) ratio is 12.86.

Transactions by insiders

Recent insider trading involved Khaishgi Mohammedulla, Director, that happened on Feb 14 ’25 when 12600.0 shares were sold. Director, Khaishgi Mohammedulla completed a deal on Feb 13 ’25 to sell 12600.0 shares. Meanwhile, Director Khaishgi Mohammedulla sold 10000.0 shares on Feb 14 ’25.

Related Posts