Ebix Company Profile (NASDAQ:EBIX)

About Ebix (NASDAQ:EBIX)

Ebix logoEbix, Inc. (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS). Ebix operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. Ebix designs and deploys back-end systems for P&C insurance brokers across the world. Ebix also designs and deploys on-demand and back-end systems for P&C insurance companies. Ebix focus in RCS channel pertains to business process outsourcing services that include providing project management, time and material consulting to clients across the world, and claims adjudication/settlement services.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Enterprise Software
  • Sub-Industry: Application Software
  • Symbol: NASDAQ:EBIX
  • CUSIP: 27871520
  • Web: www.ebix.com
  • Market Cap: $2.08055 billion
  • Outstanding Shares: 31,452,000
Average Prices:
  • 50 Day Moving Avg: $60.92
  • 200 Day Moving Avg: $58.26
  • 52 Week Range: $52.40 - $67.20
  • Trailing P/E Ratio: 21.37
  • Foreward P/E Ratio: 19.24
  • P/E Growth: 2.16
Sales & Book Value:
  • Annual Revenue: $321.14 million
  • Price / Sales: 6.42
  • Book Value: $13.92 per share
  • Price / Book: 4.71
  • Annual Dividend: $0.30
  • Dividend Yield: 0.5%
  • EBITDA: $114.36 million
  • Net Margins: 30.69%
  • Return on Equity: 22.02%
  • Return on Assets: 11.93%
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 2.25%
  • Quick Ratio: 2.25%
  • Average Volume: 167,138 shs.
  • Beta: 1.79
  • Short Ratio: 29.66

Frequently Asked Questions for Ebix (NASDAQ:EBIX)

What is Ebix's stock symbol?

Ebix trades on the NASDAQ under the ticker symbol "EBIX."

How often does Ebix pay dividends? What is the dividend yield for Ebix?

Ebix declared a quarterly dividend on Monday, August 21st. Investors of record on Thursday, August 31st will be paid a dividend of $0.075 per share on Friday, September 15th. This represents a $0.30 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Tuesday, August 29th. View Ebix's Dividend History.

When did Ebix's stock split? How did Ebix's stock split work?

Ebix shares split on the morning of Monday, August 1st 2016. The 3-1 split was announced on Monday, May 23rd 2016. The newly created shares were payable to shareholders after the closing bell on Friday, July 29th 2016. An investor that had 100 shares of Ebix stock prior to the split would have 300 shares after the split.

How will Ebix's stock buyback program work?

Ebix announced that its Board of Directors has initiated a share repurchase program on Friday, April 7th 2017, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 8.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

How were Ebix's earnings last quarter?

Ebix, Inc. (NASDAQ:EBIX) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.07. The company had revenue of $87.39 million for the quarter, compared to the consensus estimate of $81.35 million. Ebix had a net margin of 30.69% and a return on equity of 22.02%. View Ebix's Earnings History.

When will Ebix make its next earnings announcement?

Ebix is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Ebix.

Who are some of Ebix's key competitors?

Who are Ebix's key executives?

Ebix's management team includes the folowing people:

  • Robin Raina, Chairman of the Board, President, Chief Executive Officer
  • Sean T. Donaghy, Chief Financial Officer
  • Leon d'Apice, Executive Vice President & Managing Director - Ebix Australia Group
  • Robert F. Kerris, Executive Vice President - Corporate Officer of Mergers & Acquisitions and Special Projects
  • Graham John Prior, Corporate Executive Vice President International Business & Intellectual Property
  • James S. Senge Sr., Senior Vice President - EbixHealth
  • Hans Ueli Keller, Lead Independent Director
  • Hans U. Benz, Independent Director
  • Pavan Bhalla, Independent Director
  • Neil David Eckert, Independent Director

Who owns Ebix stock?

Ebix's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Eqis Capital Management Inc. (0.07%). Company insiders that own Ebix stock include Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Neil D Eckert and Robert F Kerris. View Institutional Ownership Trends for Ebix.

Who bought Ebix stock? Who is buying Ebix stock?

Ebix's stock was bought by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. View Insider Buying and Selling for Ebix.

How do I buy Ebix stock?

Shares of Ebix can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ebix's stock price today?

One share of Ebix stock can currently be purchased for approximately $65.60.

MarketBeat Community Rating for Ebix (NASDAQ EBIX)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about Ebix and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ebix (NASDAQ:EBIX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A
Consensus Price Target History for Ebix (NASDAQ:EBIX)
Price Target History for Ebix (NASDAQ:EBIX)
Analysts' Ratings History for Ebix (NASDAQ:EBIX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/27/2017William BlairInitiated CoverageOutperform -> OutperformHighView Rating Details
2/16/2017SidotiInitiated CoverageBuyN/AView Rating Details
5/19/2016Tigress FinancialUpgradeUnderperform -> NeutralN/AView Rating Details
(Data available from 10/18/2015 forward)


Earnings History for Ebix (NASDAQ:EBIX)
Earnings by Quarter for Ebix (NASDAQ:EBIX)
Earnings History by Quarter for Ebix (NASDAQ EBIX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.71N/AView Earnings Details
8/8/2017Q2 2017$0.67$0.74$81.35 million$87.39 millionViewListenView Earnings Details
5/9/2017Q1 2017$0.76$0.83$81.00 million$79.10 millionViewListenView Earnings Details
2/28/2017Q416$0.67$0.76$75.30 million$80.05 millionViewListenView Earnings Details
11/9/2016Q316$0.63$0.74$73.00 million$74.60 millionViewListenView Earnings Details
8/8/2016Q216$0.63$0.70$71.20 million$72.60 millionViewListenView Earnings Details
5/9/2016Q116$0.58$0.67$69.35 million$71.10 millionViewListenView Earnings Details
2/29/2016Q415$0.56$0.65$66.85 million$70.20 millionViewListenView Earnings Details
11/6/2015Q315$0.51$0.59$65.12 million$66.80 millionViewN/AView Earnings Details
8/7/2015Q215$0.48$0.54$63.50 million$64.70 millionViewN/AView Earnings Details
5/8/2015Q115$0.43$0.51$61.00 million$63.80 millionViewN/AView Earnings Details
3/13/2015Q414$0.39$0.45$52.90 million$60.60 millionViewN/AView Earnings Details
11/7/2014Q314$0.36$0.47$51.80 million$50.80 millionViewN/AView Earnings Details
8/8/2014Q214$0.38$0.35$52.00 million$51.50 millionViewN/AView Earnings Details
5/9/2014Q114$0.36$0.40$51.50 million$51.40 millionViewN/AView Earnings Details
3/14/2014Q413$0.31$0.40$50.75 million$50.80 millionViewN/AView Earnings Details
11/8/2013Q313$0.31$0.34$51.25 million$50.30 millionViewN/AView Earnings Details
8/9/2013Q2 2013$0.32$0.35$52.00 million$51.00 millionViewN/AView Earnings Details
5/10/2013Q1 2013$0.44$0.45$54.16 million$52.60 millionViewN/AView Earnings Details
3/14/2013Q4 2012$0.45$0.48$54.34 million$54.00 millionViewN/AView Earnings Details
11/8/2012Q312$0.41$0.46$50.90 million$53.80 millionViewN/AView Earnings Details
8/7/2012$0.39$0.47ViewN/AView Earnings Details
5/8/2012$0.40$0.40ViewN/AView Earnings Details
3/13/2012$0.41$0.44ViewN/AView Earnings Details
11/8/2011$0.38$0.41ViewN/AView Earnings Details
8/9/2011$0.38$0.53ViewN/AView Earnings Details
5/10/2011$0.33$0.37ViewN/AView Earnings Details
3/14/2011$0.33$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Ebix (NASDAQ:EBIX)
2017 EPS Consensus Estimate: $3.06
2018 EPS Consensus Estimate: $3.67
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.76$0.76$0.76
Q2 20171$0.76$0.76$0.76
Q3 20172$0.76$0.76$0.76
Q4 20172$0.77$0.79$0.78
Q1 20181$0.89$0.89$0.89
Q2 20181$0.89$0.89$0.89
Q3 20181$0.94$0.94$0.94
Q4 20181$0.95$0.95$0.95
(Data provided by Zacks Investment Research)


Current Dividend Information for Ebix (NASDAQ:EBIX)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.30
Dividend Yield:0.46%
Payout Ratio:9.77% (Trailing 12 Months of Earnings)
9.77% (Based on This Year's Estimates)
8.80% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ebix (NASDAQ:EBIX)

Dividend History by Quarter for Ebix (NASDAQ EBIX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ebix (NASDAQ:EBIX)
Insider Ownership Percentage: 13.00%
Institutional Ownership Percentage: 61.82%
Insider Trades by Quarter for Ebix (NASDAQ:EBIX)
Institutional Ownership by Quarter for Ebix (NASDAQ:EBIX)
Insider Trades by Quarter for Ebix (NASDAQ:EBIX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/12/2017Graham John PriorVPSell18,500$55.33$1,023,605.00View SEC Filing  
3/23/2017Leon Royden Thomas D'apiceEVPSell7,500$60.68$455,100.00View SEC Filing  
3/22/2017Hans Ueli KellerDirectorSell2,675$60.42$161,623.50View SEC Filing  
12/22/2016Hans U BenzDirectorSell4,641$57.31$265,975.71View SEC Filing  
12/21/2016Robert F. KerrisCFOSell1,212$58.92$71,411.04View SEC Filing  
12/20/2016Neil D EckertDirectorSell19,304$59.41$1,146,850.64View SEC Filing  
12/16/2016Hans U BenzDirectorSell6,549$59.28$388,224.72View SEC Filing  
12/9/2016Hans Ueli KellerDirectorSell2,549$59.67$152,098.83View SEC Filing  
12/1/2016Hans Ueli KellerDirectorSell4,000$57.94$231,760.00View SEC Filing  
11/11/2016Robert F KerrisCFOSell1,171$59.22$69,346.62View SEC Filing  
6/21/2016Robert F KerrisCFOSell1,211$47.73$57,801.03View SEC Filing  
5/31/2016Hans Ueli KellerDirectorSell3,684$45.49$167,585.16View SEC Filing  
3/28/2016Robert F KerrisCFOSell1,211$39.57$47,919.27View SEC Filing  
3/3/2016Hans U BenzDirectorSell7,464$40.95$305,650.80View SEC Filing  
3/2/2016Robert F KerrisCFOSell1,067$40.86$43,597.62View SEC Filing  
9/22/2015Robert F KerrisCFOSell1,211$27.73$33,581.03View SEC Filing  
6/24/2015Robert F KerrisCFOSell1,211$33.55$40,629.05View SEC Filing  
5/22/2015Fondation RennesMajor ShareholderBuy14,400$37.35$537,840.00View SEC Filing  
5/21/2015Fondation RennesMajor ShareholderBuy16,600$36.93$613,038.00View SEC Filing  
4/16/2015Fondation RennesMajor ShareholderBuy30,000$28.70$861,000.00View SEC Filing  
4/2/2015Fondation RennesMajor ShareholderBuy15,000$29.43$441,450.00View SEC Filing  
4/1/2015Fondation RennesMajor ShareholderBuy14,200$29.87$424,154.00View SEC Filing  
3/30/2015Fondation RennesMajor ShareholderBuy5,800$29.93$173,594.00View SEC Filing  
3/24/2015Leon Royden Thomas D'apiceEVPSell25,000$30.94$773,500.00View SEC Filing  
3/20/2015Robert F KerrisCFOSell4,845$30.29$146,755.05View SEC Filing  
3/24/2014Pavan BhallaDirectorSell40,000$16.95$678,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Ebix (NASDAQ:EBIX)
Latest Headlines for Ebix (NASDAQ:EBIX)
americanbankingnews.com logo$89.46 Million in Sales Expected for Ebix, Inc. (EBIX) This Quarter
www.americanbankingnews.com - October 17 at 3:20 AM
americanbankingnews.com logo Brokerages Anticipate Ebix, Inc. (EBIX) Will Announce Earnings of $0.74 Per Share
www.americanbankingnews.com - October 15 at 10:22 PM
globenewswire.com logoEbix Completes Acquisition of Two Inward International Remittance Businesses in India - GlobeNewswire (press release)
globenewswire.com - October 12 at 6:58 PM
finance.yahoo.com logoEbix Completes Acquisition of Two Inward International Remittance Businesses in India
finance.yahoo.com - October 12 at 6:58 PM
americanbankingnews.com logo Ebix, Inc. (EBIX) Given Average Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - October 10 at 12:12 PM
americanbankingnews.com logoEbix (EBIX) versus Its Peers Financial Analysis
www.americanbankingnews.com - October 7 at 4:10 PM
finance.yahoo.com logoETFs with exposure to Ebix, Inc. : October 4, 2017
finance.yahoo.com - October 4 at 10:51 AM
americanbankingnews.com logoEbix, Inc. Forecasted to Earn Q3 2017 Earnings of $0.76 Per Share (EBIX)
www.americanbankingnews.com - October 2 at 2:32 AM
americanbankingnews.com logoEbix, Inc. (EBIX) Coverage Initiated by Analysts at William Blair
www.americanbankingnews.com - September 27 at 9:20 PM
News IconBRIEF-Ebix Inc to buy money transfer service scheme business of India's Paul Merchants - Business Insider
www.businessinsider.com - September 23 at 3:16 AM
finance.yahoo.com logoEbix, Inc. : EBIX-US: Dividend Analysis : August 31st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 22 at 5:11 PM
finance.yahoo.com logoETFs with exposure to Ebix, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 5:11 PM
nasdaq.com logoNoteworthy Thursday Option Activity: AMGN, FFIV, EBIX - Nasdaq
www.nasdaq.com - September 22 at 8:46 AM
reuters.com logoBRIEF-Ebix Inc to buy money transfer service scheme business of India's Paul Merchants - Reuters
www.reuters.com - September 22 at 8:46 AM
reuters.com logoBRIEF-Ebix Inc to buy money transfer service scheme business of India's Paul Merchants
www.reuters.com - September 21 at 6:12 PM
finance.yahoo.com logoEbix, Inc. :EBIX-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 21 at 6:12 PM
feeds.benzinga.com logoEbix Signs Agreement to Acquire India's Largest Inward International Remittance Business from Paul Merchants Limited (BSE:PML)
feeds.benzinga.com - September 21 at 11:32 AM
finance.yahoo.com logoEbix Named in Fortune's 2017 100 Fastest-Growing Companies
finance.yahoo.com - September 13 at 7:28 PM
finance.yahoo.com logoEbix, Inc. breached its 50 day moving average in a Bullish Manner : EBIX-US : September 12, 2017
finance.yahoo.com - September 12 at 6:53 PM
prnewswire.com logoLifeMark Partners Selects Assurance's New Proposal Visualization Platform
www.prnewswire.com - September 9 at 5:02 AM
finance.yahoo.com logoTop Women's Tennis Star Coco Vandeweghe Joins Team Ebix and Signs Global Sponsorship Contract With Ebix
finance.yahoo.com - August 31 at 6:00 PM
nasdaq.com logoEbix, Inc. (EBIX) Ex-Dividend Date Scheduled for August 29, 2017 - Nasdaq
www.nasdaq.com - August 28 at 10:55 PM
seekingalpha.com logoItzCash Revisited - A.K.A. Ebix Ready To Explode
seekingalpha.com - August 26 at 5:31 PM
nasdaq.com logoEBIX Crosses Above Key Moving Average Level - Nasdaq
www.nasdaq.com - August 23 at 8:25 PM
americanbankingnews.com logoEbix, Inc. (EBIX) Announces $0.08 Quarterly Dividend
www.americanbankingnews.com - August 22 at 9:16 AM
streetinsider.com logoEbix (EBIX) to Acquire MTSS Business of YouFirst Money Express Private Limited
www.streetinsider.com - August 21 at 5:43 PM
finance.yahoo.com logoEbix Expands Presence in International Remittance Sector with Acquisition of YouFirst Money Express Private Limited
finance.yahoo.com - August 21 at 5:43 PM
feeds.benzinga.com logoEbix Declares 7.5 Cent Quarterly Dividend, Payable September 15th, to Shareholders of Record August 31, 2017
feeds.benzinga.com - August 21 at 11:46 AM
seekingalpha.com logoEbix to acquire international remittance business from Wall Street Finance - Seeking Alpha
seekingalpha.com - August 17 at 7:22 PM
finance.yahoo.com logoEbix Signs Agreement to Acquire Inward International Remittance Business from Wall Street Finance Limited (BSE: WSFIN)
finance.yahoo.com - August 17 at 7:21 PM
americanbankingnews.com logoEbix (EBIX) and Imprivata (IMPR) Head to Head Analysis
www.americanbankingnews.com - August 14 at 4:22 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Ebix Inc.
finance.yahoo.com - August 10 at 7:23 PM
americanbankingnews.com logoEbix, Inc. (EBIX) Issues Earnings Results, Beats Expectations By $0.07 EPS
www.americanbankingnews.com - August 9 at 5:54 PM
finance.yahoo.com logoEbix Q2 Revenues Rose 20.4% to a Record $87.4M, EPS Rose 6% to $0.74 and Operating Income Rose 13% to $26.5M
finance.yahoo.com - August 9 at 3:55 AM
finance.yahoo.com logoEdited Transcript of EBIX earnings conference call or presentation 8-Aug-17 3:00pm GMT
finance.yahoo.com - August 9 at 3:55 AM
seekingalpha.com logoEbix's (EBIX) CEO Robin Raina on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM
seekingalpha.com logoEbix's (EBIX) CEO Robin Raina on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM
seekingalpha.com logoEbix reports Q2 results with 20% revenue growth; shares +3.1% - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM
seekingalpha.com logoEbix reports Q2 results with 20% revenue growth; shares +3.1% - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM
finance.yahoo.com logoEbix posts 2Q profit
finance.yahoo.com - August 8 at 5:52 PM
finance.yahoo.com logoEbix posts 2Q profit
finance.yahoo.com - August 8 at 5:52 PM
streetinsider.com logoForm 4 EBIX INC For: Jul 25 - StreetInsider.com
www.streetinsider.com - August 2 at 7:00 PM
finance.yahoo.com logoEbix Hosts Q2 Investor Call Tuesday, August 8th at 11:00 a.m. ET
finance.yahoo.com - August 1 at 6:47 PM
finance.yahoo.com logoEbix, Inc. – Value Analysis (NASDAQ:EBIX) : July 31, 2017
finance.yahoo.com - July 31 at 11:00 PM
americanbankingnews.com logo Ebix, Inc. (NASDAQ:EBIX) Given $75.00 Consensus Price Target by Analysts
www.americanbankingnews.com - July 27 at 10:50 AM
reuters.com logoBRIEF-Itzcash says Ebix further commits $100 mln fund for Itzcash
www.reuters.com - July 27 at 12:16 AM
americanbankingnews.com logoQAD (QADA) versus Ebix (EBIX) Critical Contrast
www.americanbankingnews.com - July 22 at 4:10 PM
americanbankingnews.com logoFinancial Analysis: Ebix (NASDAQ:EBIX) vs. MicroStrategy (MSTR)
www.americanbankingnews.com - July 18 at 1:17 PM
finance.yahoo.com logoEbix, Inc. breached its 50 day moving average in a Bullish Manner : EBIX-US : July 17, 2017
finance.yahoo.com - July 17 at 11:19 AM
streetinsider.com logoForm 4 EBIX INC For: Jun 30 Filed by: Eckert Neil D - StreetInsider.com
www.streetinsider.com - July 14 at 9:09 PM



Ebix (EBIX) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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