Tearsheet

IBEX (IBEX)


Market Price (5/11/2026): $32.4 | Market Cap: $435.9 Mil
Sector: Information Technology | Industry: IT Consulting & Other Services

IBEX (IBEX)


Market Price (5/11/2026): $32.4
Market Cap: $435.9 Mil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 7.4%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Fintech & Digital Payments, and Digital Advertising. Themes include Direct-to-Consumer Brands, Show more.

Weak multi-year price returns
3Y Excs Rtn is -20%

Key risks
IBEX key risks include [1] significant client concentration and [2] margin pressure from rising labor costs coupled with rigid lease commitments.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 7.4%
1 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Fintech & Digital Payments, and Digital Advertising. Themes include Direct-to-Consumer Brands, Show more.
2 Weak multi-year price returns
3Y Excs Rtn is -20%
3 Key risks
IBEX key risks include [1] significant client concentration and [2] margin pressure from rising labor costs coupled with rigid lease commitments.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

IBEX (IBEX) stock has lost about 15% since 1/31/2026 because of the following key factors:

1. IBEX stock experienced a significant decline, with its three-month performance showing an 18.68% loss as of May 2, 2026. This contributed to a year-to-date return of -26.01% by the same date, indicating a challenging period for the stock since the beginning of the year.

2. The company faced a notable decline in its Telecommunications business segment, which saw a 23% year-over-year reduction in the third fiscal quarter of 2026 (ended March 31, 2026). While other verticals like HealthTech and Technology showed strong growth, the significant contraction in Telecommunications likely contributed to investor concerns.

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Stock Movement Drivers

Fundamental Drivers

The -13.1% change in IBEX stock from 1/31/2026 to 5/10/2026 was primarily driven by a -23.2% change in the company's P/E Multiple.
(LTM values as of)13120265102026Change
Stock Price ($)37.2032.33-13.1%
Change Contribution By: 
Total Revenues ($ Mil)5806278.1%
Net Income Margin (%)7.1%7.5%5.4%
P/E Multiple12.09.2-23.2%
Shares Outstanding (Mil)1313-0.7%
Cumulative Contribution-13.1%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/10/2026
ReturnCorrelation
IBEX-13.1% 
Market (SPY)3.6%36.9%
Sector (XLK)22.1%24.2%

Fundamental Drivers

The -13.5% change in IBEX stock from 10/31/2025 to 5/10/2026 was primarily driven by a -32.1% change in the company's P/E Multiple.
(LTM values as of)103120255102026Change
Stock Price ($)37.3732.33-13.5%
Change Contribution By: 
Total Revenues ($ Mil)55862712.3%
Net Income Margin (%)6.6%7.5%14.0%
P/E Multiple13.69.2-32.1%
Shares Outstanding (Mil)1313-0.5%
Cumulative Contribution-13.5%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/10/2026
ReturnCorrelation
IBEX-13.5% 
Market (SPY)5.5%37.9%
Sector (XLK)17.1%23.4%

Fundamental Drivers

The 29.1% change in IBEX stock from 4/30/2025 to 5/10/2026 was primarily driven by a 20.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020255102026Change
Stock Price ($)25.0432.3329.1%
Change Contribution By: 
Total Revenues ($ Mil)52262720.2%
Net Income Margin (%)7.1%7.5%6.2%
P/E Multiple10.29.2-10.0%
Shares Outstanding (Mil)151312.4%
Cumulative Contribution29.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/10/2026
ReturnCorrelation
IBEX29.1% 
Market (SPY)30.4%18.2%
Sector (XLK)68.1%13.3%

Fundamental Drivers

The 57.9% change in IBEX stock from 4/30/2023 to 5/10/2026 was primarily driven by a 51.6% change in the company's Net Income Margin (%).
(LTM values as of)43020235102026Change
Stock Price ($)20.4732.3357.9%
Change Contribution By: 
Total Revenues ($ Mil)51962720.7%
Net Income Margin (%)5.0%7.5%51.6%
P/E Multiple14.49.2-36.0%
Shares Outstanding (Mil)181334.9%
Cumulative Contribution57.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/10/2026
ReturnCorrelation
IBEX57.9% 
Market (SPY)78.7%23.5%
Sector (XLK)137.6%18.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
IBEX Return-31%93%-24%13%78%-14%75%
Peers Return37%-28%-27%-24%-18%-21%-64%
S&P 500 Return27%-19%24%23%16%7%95%

Monthly Win Rates [3]
IBEX Win Rate25%67%58%50%67%40% 
Peers Win Rate71%42%44%38%46%30% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
IBEX Max Drawdown-36%-1%-45%-31%-1%-31% 
Peers Max Drawdown-3%-40%-45%-43%-35%-38% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TTEC, CNXC, G, CNDT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/8/2026 (YTD)

How Low Can It Go

EventIBEXS&P 500
2025 US Tariff Shock
  % Loss-15.9%-18.8%
  % Gain to Breakeven18.9%23.1%
  Time to Breakeven31 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-30.9%-9.5%
  % Gain to Breakeven44.8%10.5%
  Time to Breakeven368 days24 days
2023 SVB Regional Banking Crisis
  % Loss-28.5%-6.7%
  % Gain to Breakeven39.9%7.1%
  Time to Breakeven646 days31 days

Compare to TTEC, CNXC, G, CNDT

In The Past

IBEX's stock fell -15.9% during the 2025 US Tariff Shock. Such a loss loss requires a 18.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventIBEXS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-30.9%-9.5%
  % Gain to Breakeven44.8%10.5%
  Time to Breakeven368 days24 days
2023 SVB Regional Banking Crisis
  % Loss-28.5%-6.7%
  % Gain to Breakeven39.9%7.1%
  Time to Breakeven646 days31 days

Compare to TTEC, CNXC, G, CNDT

In The Past

IBEX's stock fell -15.9% during the 2025 US Tariff Shock. Such a loss loss requires a 18.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About IBEX (IBEX)

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 that comprises customer service, technical support, revenue generation, and other value-added outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that includes digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience. As of October 1, 2021, the company operated 33 customer engagement and three customer acquisition delivery centers. It serves banking and financial services, delivery and logistics, health tech and wellness, high tech, retail and e-commerce, streaming and entertainment, travel and hospitality, and utility industries. The company was formerly known as IBEX Holdings Limited and changed its name to IBEX Limited in September 2019. The company was incorporated in 2017 and is headquartered in Washington, District of Columbia. IBEX Limited is a subsidiary of The Resource Group International Limited.

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1. Teleperformance for the digital era.

2. Concentrix combined with a digital marketing agency.

AI Analysis | Feedback

  • ibex Connect: A customer engagement solution offering outsourced customer service, technical support, revenue generation, and back-office services through various communication channels.
  • ibex Digital: A customer acquisition solution encompassing digital marketing, e-commerce technology, and platform solutions.
  • ibex CX: A customer experience solution providing a suite of proprietary software tools for measuring, monitoring, and managing clients' customer experience.

AI Analysis | Feedback

IBEX Limited (symbol: IBEX) sells primarily to other companies, providing technology-enabled customer lifecycle experience solutions.

The provided company description does not list the names of specific customer companies. However, it indicates that IBEX serves clients across a variety of industries, including:

  • Banking and financial services
  • Delivery and logistics
  • Health tech and wellness
  • High tech
  • Retail and e-commerce
  • Streaming and entertainment
  • Travel and hospitality
  • Utility industries

AI Analysis | Feedback

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Robert Dechant, Chief Executive Officer

Robert Dechant has served as CEO of IBEX since July 2019 and as a director since January 2021. He has been instrumental in leading IBEX's transformation into a technology-led and digitally-driven provider of end-to-end customer lifecycle and digital transformation solutions. Under his leadership, IBEX experienced significant revenue and EBITDA growth, culminating in the company's successful IPO on Nasdaq in August 2020. Prior to his current role, he held positions as CEO of IBEX Global Solutions (2015–2017) and CEO of IBEX Interactive (2017–2019). Dechant also served as Chief Sales/Marketing & Client Services Officer at Qualfon (2012–2015) and Chief Marketing & Operations Officer at Stream Global Services. He holds a B.S. in Mathematics from Fairfield University.

Taylor Greenwald, Chief Financial Officer

Taylor Greenwald joined IBEX as Chief Financial Officer in August 2023. In this role, he is responsible for overseeing the company's global financial operations, which include accounting, treasury, business planning and analysis, corporate development, and investor relations. Mr. Greenwald brings over 20 years of experience in leading financial functions for major global public organizations, including Synchronoss Technologies, Endurance International Group, and Convergys Corporation. He earned an MBA from the Massachusetts Institute of Technology Sloan School of Management and a bachelor's degree in engineering from the Georgia Institute of Technology.

David Afdahl, Chief Operating Officer

David Afdahl has served as the Chief Operating Officer of IBEX since 2018. His responsibilities include global operations, performance management, and financial results for the company. Mr. Afdahl initially joined IBEX in 2017 as the Vice President of Operations, where he was responsible for U.S. Operations. He possesses more than 23 years of operational leadership experience within the BPO industry. Before joining IBEX, he spent seven years as the Managing Director for Xerox Services, overseeing global operations, client management, and overall financial performance. Mr. Afdahl holds a B.A. degree in Anthropology from the University of Maryland.

Christy O'Connor, Chief Legal Officer & Assistant Secretary

Christy O'Connor has served as the General Counsel and Assistant Corporate Secretary for IBEX since March 2018. She has over 25 years of experience as a General Counsel and Chief Legal Officer. Prior to her tenure at IBEX, Ms. O'Connor was the Chief Legal and Compliance Officer at Alorica from 2015 through 2017, and subsequently a legal advisor there. Her previous roles also include serving as the General Counsel and Chief Legal Officer at SourceHOV from 2014 to 2015, and Deputy General Counsel for Stream Global Services from 2011 to 2014. Ms. O'Connor has experience in assisting previous employers with going public and preparing companies for sale. She holds a B.A./M.A. from the University of Chicago and a J.D. from St. Mary's University School of Law.

Julie Casteel, Chief Marketing and Strategic Accounts Officer

Julie Casteel has been with IBEX as its Chief Sales & Marketing Officer since 2012. In her role as Chief Marketing and Strategic Accounts Officer, she is responsible for the expansion of both new and existing client relationships.

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Here are the key risks to IBEX Limited's business:

  1. Client Concentration Risk: IBEX is significantly dependent on a limited number of key clients. For instance, the top five clients collectively represent approximately 37% of the company's revenue, with the largest single client accounting for 10% of revenue. The loss of, or a significant reduction in business from, any of these major clients could materially and adversely impact IBEX's revenue and financial performance.
  2. Intense Competition and Rapid Technological Change, particularly Artificial Intelligence (AI): The customer experience (CX) and Business Process Outsourcing (BPO) industry in which IBEX operates is highly competitive and is undergoing rapid transformation driven by advancements in artificial intelligence and automation. While IBEX is investing in AI initiatives to enhance competitiveness and productivity, there is a risk that these advancements may take longer to translate into direct revenue growth or that competitors could develop superior or more cost-effective solutions. The ability to continuously innovate and adapt to evolving technological standards and client demands is crucial for sustained success.
  3. Geopolitical and Macroeconomic Risks: Given IBEX's extensive international operations, particularly in offshore and nearshore locations such as the Philippines, Jamaica, Pakistan, and Nicaragua, the company is exposed to various geopolitical and macroeconomic risks. These risks include political and social instability, natural disasters, general economic uncertainties like inflation and rising interest rates, and foreign exchange fluctuations. Additionally, wage inflation in key offshore markets could exert pressure on operating margins.

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Addressable Markets for IBEX Limited's Main Products and Services

ibex Connect (Customer Engagement, Technical Support, Revenue Generation, and Back-Office Services)

  • Global Customer Experience (CX) Outsourcing Services Market: The global customer experience outsourcing services market was valued at approximately USD 116.88 billion in 2025 and is projected to grow to USD 350.43 billion by 2034.

  • U.S. Customer Experience Business Process Outsourcing Market: The U.S. customer experience business process outsourcing market generated a revenue of USD 29.21 billion in 2024 and is expected to reach USD 77.62 billion by 2033.

  • Global Business Process Outsourcing (BPO) Market: The global business process outsourcing market was valued at USD 327.01 billion in 2025 and is projected to reach USD 741.60 billion by 2034.

  • U.S. Business Process Outsourcing (BPO) Market: The U.S. business process outsourcing market was valued at USD 96.43 billion in 2025 and is projected to reach USD 204.03 billion by 2033.

ibex Digital (Digital Marketing, E-commerce Technology, and Platform Solutions)

  • Global Digital Marketing Services Market: The global digital marketing services market is likely to be valued at US$ 750.0 billion in 2026 and is projected to reach US$ 1,300.0 billion by 2033.

  • U.S. SEO & Internet Marketing Market: The U.S. SEO & internet marketing market was valued at USD 103.7 billion in 2024 and is expected to increase to USD 380.2 billion by 2032.

  • Global E-commerce Software Market: The global e-commerce software market size was valued at USD 11.25 billion in 2025 and is projected to grow to USD 44.32 billion by 2034.

  • Global E-commerce Platform Market: The global e-commerce platform market was valued at USD 8.7 billion in 2023 and is estimated to reach USD 27.1 billion by 2032.

  • Global E-commerce Market (Overall): The global e-commerce market size was accounted at USD 21.62 trillion in 2025 and is predicted to increase to USD 83.19 trillion by 2035.

ibex CX (Customer Experience Software Tools)

  • Global Customer Experience Management (CEM) Software Market: The global customer experience management software market size was valued at USD 14.64 billion in 2024 and is estimated to reach USD 39.70 billion by 2033.

  • Global Customer Experience (CX) Enterprise Software Market: The global Customer Experience (CX) Enterprise Software market is estimated to hit USD 12.5 billion in 2024 and is projected to reach USD 24.7 billion by 2031.

  • U.S. Customer Experience Management Market: The U.S. customer experience management market size was valued at USD 3.80 billion in 2023 and is projected to grow at a CAGR of 13.6% from 2024 to 2030.

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IBEX Limited (IBEX) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  • Increased Client Acquisition and Expansion: IBEX aims to expand its revenue by acquiring new clients and increasing its share with existing clients. The company has a "new logo engine" that continues to win "trophy clients" and gain significant market share from competitors.
  • Growth in Digital and Omni-channel Service Offerings: The company is experiencing a favorable shift towards digital and omni-channel delivery, which has shown significant growth and constitutes a large percentage of its total revenue. These higher-margin services are expected to continue strengthening.
  • Deployment and Integration of Generative AI Solutions: IBEX's strategic focus on the full-scale implementation of Generative AI solutions is anticipated to be a key driver of future growth. The company views its AI solutions, partnerships, and deployments as a competitive differentiator, with AI-driven initiatives expected to gain traction and lead to AI-first operations.
  • Targeted Growth in High-Margin Verticals: Expansion within high-margin industry verticals, particularly HealthTech, is a significant growth vector. HealthTech has shown strong year-over-year growth and is projected to reach $100 million by year-end. Other strong performing verticals include Retail & E-commerce and Travel, Transportation & Logistics.
  • Geographic Expansion: The company's expansion into new geographies, specifically India, is identified as a high-growth vector and a crucial driver for future revenue. IBEX has established new sites in India with a growing number of agents.

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Share Repurchases

  • IBEX announced a new $15 million share repurchase plan on May 8, 2025, set to commence on May 12, 2025, and remain valid for 12 months.
  • On November 19, 2024, IBEX repurchased 3,562,341 common shares from The Resource Group International, Limited (TRGI) for a total of $70 million, which led to the company no longer being a "controlled company".
  • During fiscal year 2024, IBEX repurchased 1.3 million shares totaling $21.7 million.

Share Issuance

  • The number of shares outstanding for IBEX has decreased, with 13.36 million shares outstanding at the end of 2025, down from 15.12 million in 2024 and 17.88 million in 2023, primarily due to share buybacks.

Capital Expenditures

  • Capital expenditures for the full fiscal year 2024 were $8.9 million.
  • Capital expenditures for the full fiscal year 2023 were $19.0 million.
  • As of May 8, 2025, expected capital expenditures were anticipated to remain in the range of $15 million to $20 million.
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Better Bets vs. IBEX (IBEX)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1IBEX Earnings Notes12/16/2025
2Is IBEX Stock Built to Withstand a Pullback?10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to IBEX.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PLTR_4302026_Monopoly_xInd_xCD_Getting_Cheaper04302026PLTRPalantir TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
ADSK_4102026_Dip_Buyer_FCFYield04102026ADSKAutodeskDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
8.5%8.5%0.0%
BSY_4102026_Dip_Buyer_FCFYield04102026BSYBentley SystemsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.2%4.2%0.0%
ENPH_4102026_Dip_Buyer_ValueBuy04102026ENPHEnphase EnergyDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.7%5.7%0.0%
BL_4102026_Dip_Buyer_High_CFO_Margins_ExInd_DE04102026BLBlackLineDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
3.2%3.2%-3.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

IBEXTTECCNXCGCNDTMedian
NameIBEX TTEC Concentr.Genpact Conduent  
Mkt Price32.332.7124.2732.561.7624.27
Mkt Cap0.40.11.55.50.30.4
Rev LTM6272,0999,9545,1613,0423,042
Op Inc LTM5790559775-5890
FCF LTM3288485651-15488
FCF 3Y Avg2614432560-9026
CFO LTM62127722749-73127
CFO 3Y Avg4462655643-1162

Growth & Margins

IBEXTTECCNXCGCNDTMedian
NameIBEX TTEC Concentr.Genpact Conduent  
Rev Chg LTM17.0%-3.1%3.8%6.4%-9.4%3.8%
Rev Chg 3Y Avg6.6%-5.5%16.0%5.5%-7.6%5.5%
Rev Chg Q16.8%-7.1%5.4%6.7%-3.8%5.4%
QoQ Delta Rev Chg LTM3.9%-1.8%1.3%1.6%-1.0%1.3%
Op Inc Chg LTM21.6%6.0%-9.3%6.8%-48.7%6.0%
Op Inc Chg 3Y Avg21.2%-19.6%-4.7%11.0%-73.7%-4.7%
Op Mgn LTM9.2%4.3%5.6%15.0%-1.9%5.6%
Op Mgn 3Y Avg8.3%4.3%6.8%14.7%-0.1%6.8%
QoQ Delta Op Mgn LTM0.1%-0.2%-0.6%0.1%0.9%0.1%
CFO/Rev LTM9.9%6.1%7.3%14.5%-2.4%7.3%
CFO/Rev 3Y Avg7.8%2.8%7.1%13.2%-0.5%7.1%
FCF/Rev LTM5.2%4.2%4.9%12.6%-5.1%4.9%
FCF/Rev 3Y Avg4.6%0.7%4.7%11.5%-2.8%4.6%

Valuation

IBEXTTECCNXCGCNDTMedian
NameIBEX TTEC Concentr.Genpact Conduent  
Mkt Cap0.40.11.55.50.30.4
P/S0.70.10.11.10.10.1
P/Op Inc7.61.52.77.2-4.72.7
P/EBIT7.6-1.2-1.56.7-2.4-1.2
P/E9.2-0.7-1.19.7-1.6-0.7
P/CFO7.01.02.17.4-3.72.1
Total Yield10.8%-153.0%-83.2%12.4%-62.7%-62.7%
Dividend Yield0.0%0.0%6.1%2.2%0.0%0.0%
FCF Yield 3Y Avg8.2%12.5%16.7%8.1%-23.2%8.2%
D/E0.17.43.20.33.13.1
Net D/E0.16.73.00.12.22.2

Returns

IBEXTTECCNXCGCNDTMedian
NameIBEX TTEC Concentr.Genpact Conduent  
1M Rtn17.6%17.8%-5.8%-4.7%25.7%17.6%
3M Rtn-7.6%-10.6%-38.4%-19.0%17.3%-10.6%
6M Rtn-12.3%-0.4%-28.6%-26.2%-1.1%-12.3%
12M Rtn5.8%-48.9%-52.8%-22.0%-21.8%-22.0%
3Y Rtn71.1%-91.7%-69.7%-5.3%-38.5%-38.5%
1M Excs Rtn7.9%6.4%-22.1%-16.8%10.5%6.4%
3M Excs Rtn-14.3%-17.3%-45.1%-25.7%10.6%-17.3%
6M Excs Rtn-22.5%-26.0%-43.9%-24.3%-32.7%-26.0%
12M Excs Rtn-3.2%-62.3%-81.5%-64.6%-42.5%-62.3%
3Y Excs Rtn-19.6%-172.3%-152.3%-100.1%-120.1%-120.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment509523493444405
Total509523493444405


Price Behavior

Price Behavior
Market Price$32.33 
Market Cap ($ Bil)0.4 
First Trading Date08/07/2020 
Distance from 52W High-23.0% 
   50 Days200 Days
DMA Price$28.50$33.31
DMA Trendindeterminatedown
Distance from DMA13.5%-3.0%
 3M1YR
Volatility46.0%51.9%
Downside Capture0.560.45
Upside Capture51.0568.50
Correlation (SPY)23.1%17.2%
IBEX Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.830.650.900.920.770.70
Up Beta0.090.200.490.340.000.34
Down Beta0.86-0.290.020.392.101.00
Up Capture88%79%62%83%57%49%
Bmk +ve Days15223166141428
Stock +ve Days12222962131397
Down Capture651%135%185%155%81%94%
Bmk -ve Days4183056108321
Stock -ve Days10203260116347

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IBEX
IBEX26.1%55.7%0.59-
Sector ETF (XLK)63.9%20.8%2.2713.7%
Equity (SPY)29.0%12.5%1.8318.6%
Gold (GLD)39.8%27.0%1.22-4.3%
Commodities (DBC)50.6%18.0%2.21-5.9%
Real Estate (VNQ)13.0%13.5%0.6610.8%
Bitcoin (BTCUSD)-17.4%42.1%-0.3413.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IBEX
IBEX6.5%48.5%0.29-
Sector ETF (XLK)21.2%24.8%0.7617.5%
Equity (SPY)12.8%17.1%0.5921.4%
Gold (GLD)20.9%17.9%0.954.5%
Commodities (DBC)13.8%19.1%0.59-1.7%
Real Estate (VNQ)3.4%18.8%0.0818.1%
Bitcoin (BTCUSD)7.0%56.0%0.347.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IBEX
IBEX7.5%53.1%0.44-
Sector ETF (XLK)25.0%24.4%0.9218.6%
Equity (SPY)15.1%17.9%0.7221.9%
Gold (GLD)13.4%15.9%0.694.3%
Commodities (DBC)9.3%17.8%0.442.3%
Real Estate (VNQ)5.8%20.7%0.2416.7%
Bitcoin (BTCUSD)67.8%66.9%1.076.9%

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Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.2 Mil
Short Interest: % Change Since 3312026-13.2%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest1.7 days
Basic Shares Quantity13.5 Mil
Short % of Basic Shares1.2%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/202616.5%  
2/5/20262.3%-12.9%-12.6%
9/11/202536.5%37.9%17.8%
5/8/202519.1%10.3%14.7%
2/6/202510.9%23.3%12.0%
9/12/202416.9%19.5%15.5%
5/9/20245.4%9.8%15.1%
2/8/2024-9.1%-14.3%-11.7%
...
SUMMARY STATS   
# Positive755
# Negative233
Median Positive16.5%19.5%15.1%
Median Negative-17.2%-14.3%-11.7%
Max Positive36.5%37.9%17.8%
Max Negative-25.3%-19.0%-12.6%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/05/202610-Q
09/30/202511/06/202510-Q
06/30/202509/11/202510-K
03/31/202505/08/202510-Q
12/31/202402/06/202510-Q
09/30/202411/07/202410-Q
06/30/202409/12/202410-K
03/31/202405/09/202410-Q
12/31/202302/08/202410-Q
09/30/202311/09/202310-Q
06/30/202309/13/202310-K
03/31/202305/17/20236-K
12/31/202202/15/20236-K
09/30/202211/15/20226-K
06/30/202210/04/202220-F

Recent Forward Guidance [BETA]

Latest: Q3 2026 Earnings Reported 5/6/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue638.00 Mil640.00 Mil642.00 Mil2.4% RaisedGuidance: 625.00 Mil for 2026
2026 Adjusted EBITDA82.00 Mil83.00 Mil84.00 Mil2.5% RaisedGuidance: 81.00 Mil for 2026
2026 Capital Expenditures25.00 Mil27.50 Mil30.00 Mil10.0% RaisedGuidance: 25.00 Mil for 2026

Prior: Q2 2026 Earnings Reported 2/5/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue620.00 Mil625.00 Mil630.00 Mil2.0% RaisedGuidance: 612.50 Mil for 2026
2026 Adjusted EBITDA80.00 Mil81.00 Mil82.00 Mil1.9% RaisedGuidance: 79.50 Mil for 2026
2026 Capital Expenditures 25.00 Mil 11.1% RaisedGuidance: 22.50 Mil for 2026

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ballou-Aares, Daniella DirectSell417202635.0150017,505372,611Form
2Ballou-Aares, Daniella DirectSell417202624.226,000145,304269,854Form
3Dechant, Robert ThomasChief Executive OfficerDirectSell223202628.466,000170,7537,837,724Form
4Dechant, Robert ThomasChief Executive OfficerDirectSell220202629.406,000176,3988,273,252Form
5Dechant, Robert ThomasChief Executive OfficerDirectSell220202629.736,000178,3588,543,546Form