About Ebix (NASDAQ:EBIX)
Ebix, 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
Capitalization:- 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
P/E:- 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
Dividend:- Annual Dividend: $0.30
- Dividend Yield: 0.5%
Profitability:- EBITDA: $114.36 million
- Net Margins: 30.69%
- Return on Equity: 22.02%
- Return on Assets: 11.93%
Debt:- Debt-to-Equity Ratio: 0.66%
- Current Ratio: 2.25%
- Quick Ratio: 2.25%
Misc:- 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?
Who are some of Ebix's key competitors?
Some companies that are related to Ebix include RealPage (RP), Ringcentral (RNG), HubSpot (HUBS), Ellie Mae (ELLI), Envestnet (ENV), The Descartes Systems Group (DSGX), Q2 Holdings (QTWO), AppFolio (APPF), MicroStrategy Incorporated (MSTR), Appian Corporation (APPN), Varonis Systems (VRNS), Talend S.A. (TLND), Hortonworks (HDP), Luxoft Holding (LXFT), Mitel Networks Corporation (MITL), Instructure (INST), Benefitfocus (BNFT) and Workiva (WK).
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?
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)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.
Earnings History for Ebix (NASDAQ:EBIX)Earnings History by Quarter for Ebix (NASDAQ EBIX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/7/2017 | | $0.71 | | | | | N/A |  |
| 8/8/2017 | Q2 2017 | $0.67 | $0.74 | $81.35 million | $87.39 million | View | Listen | |
| 5/9/2017 | Q1 2017 | $0.76 | $0.83 | $81.00 million | $79.10 million | View | Listen | |
| 2/28/2017 | Q416 | $0.67 | $0.76 | $75.30 million | $80.05 million | View | Listen | |
| 11/9/2016 | Q316 | $0.63 | $0.74 | $73.00 million | $74.60 million | View | Listen | |
| 8/8/2016 | Q216 | $0.63 | $0.70 | $71.20 million | $72.60 million | View | Listen | |
| 5/9/2016 | Q116 | $0.58 | $0.67 | $69.35 million | $71.10 million | View | Listen | |
| 2/29/2016 | Q415 | $0.56 | $0.65 | $66.85 million | $70.20 million | View | Listen | |
| 11/6/2015 | Q315 | $0.51 | $0.59 | $65.12 million | $66.80 million | View | N/A | |
| 8/7/2015 | Q215 | $0.48 | $0.54 | $63.50 million | $64.70 million | View | N/A | |
| 5/8/2015 | Q115 | $0.43 | $0.51 | $61.00 million | $63.80 million | View | N/A | |
| 3/13/2015 | Q414 | $0.39 | $0.45 | $52.90 million | $60.60 million | View | N/A | |
| 11/7/2014 | Q314 | $0.36 | $0.47 | $51.80 million | $50.80 million | View | N/A | |
| 8/8/2014 | Q214 | $0.38 | $0.35 | $52.00 million | $51.50 million | View | N/A | |
| 5/9/2014 | Q114 | $0.36 | $0.40 | $51.50 million | $51.40 million | View | N/A | |
| 3/14/2014 | Q413 | $0.31 | $0.40 | $50.75 million | $50.80 million | View | N/A | |
| 11/8/2013 | Q313 | $0.31 | $0.34 | $51.25 million | $50.30 million | View | N/A | |
| 8/9/2013 | Q2 2013 | $0.32 | $0.35 | $52.00 million | $51.00 million | View | N/A | |
| 5/10/2013 | Q1 2013 | $0.44 | $0.45 | $54.16 million | $52.60 million | View | N/A | |
| 3/14/2013 | Q4 2012 | $0.45 | $0.48 | $54.34 million | $54.00 million | View | N/A | |
| 11/8/2012 | Q312 | $0.41 | $0.46 | $50.90 million | $53.80 million | View | N/A | |
| 8/7/2012 | | $0.39 | $0.47 | | | View | N/A | |
| 5/8/2012 | | $0.40 | $0.40 | | | View | N/A | |
| 3/13/2012 | | $0.41 | $0.44 | | | View | N/A | |
| 11/8/2011 | | $0.38 | $0.41 | | | View | N/A | |
| 8/9/2011 | | $0.38 | $0.53 | | | View | N/A | |
| 5/10/2011 | | $0.33 | $0.37 | | | View | N/A | |
| 3/14/2011 | | $0.33 | $0.42 | | | View | N/A | |
(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
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.76 | $0.76 | $0.76 |
| Q2 2017 | 1 | $0.76 | $0.76 | $0.76 |
| Q3 2017 | 2 | $0.76 | $0.76 | $0.76 |
| Q4 2017 | 2 | $0.77 | $0.79 | $0.78 |
| Q1 2018 | 1 | $0.89 | $0.89 | $0.89 |
| Q2 2018 | 1 | $0.89 | $0.89 | $0.89 |
| Q3 2018 | 1 | $0.94 | $0.94 | $0.94 |
| Q4 2018 | 1 | $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 History by Quarter for Ebix (NASDAQ EBIX)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/21/2017 | Quarterly | $0.08 | 0.52% | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 5/12/2017 | Quarterly | $0.08 | 0.53% | 5/26/2017 | 5/31/2017 | 6/15/2017 |
| 2/3/2017 | quarterly | $0.08 | 0.53% | 2/24/2017 | 2/28/2017 | 3/15/2017 |
| 11/11/2016 | Quarterly | $0.08 | | 11/28/2016 | 11/30/2016 | 12/15/2016 |
| 8/16/2016 | quarterly | $0.08 | 0.53% | 8/30/2016 | 9/1/2016 | 9/15/2016 |
| 5/12/2016 | quarterly | $0.08 | 0.65% | 5/26/2016 | 5/31/2016 | 6/15/2016 |
| 2/25/2016 | quarterly | $0.08 | 0.89% | 2/25/2016 | 2/29/2016 | 3/15/2016 |
| 11/20/2015 | quarterly | $0.08 | 0.82% | 11/25/2015 | 11/30/2015 | 12/15/2015 |
| 8/21/2015 | quarterly | $0.08 | 1.07% | 8/27/2015 | 8/31/2015 | 9/15/2015 |
| 5/15/2015 | quarterly | $0.08 | 0.87% | 5/27/2015 | 5/29/2015 | 6/15/2015 |
| 2/12/2015 | quarterly | $0.08 | 1.28% | 2/25/2015 | 2/27/2015 | 3/16/2015 |
| 11/7/2014 | quarterly | $0.08 | 2% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
| 8/7/2014 | quarterly | $0.08 | 2.17% | 8/27/2014 | 8/29/2014 | 9/15/2014 |
| 5/7/2014 | quarterly | $0.08 | 1.97% | 5/28/2014 | 5/30/2014 | 6/13/2014 |
| 2/5/2014 | quarterly | $0.08 | 2.16% | 2/18/2014 | 2/20/2014 | 3/14/2014 |
| 2/1/2013 | quarterly | $0.08 | 1.89% | 2/13/2013 | 2/15/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/12/2017 | Graham John Prior | VP | Sell | 18,500 | $55.33 | $1,023,605.00 | |
| 3/23/2017 | Leon Royden Thomas D'apice | EVP | Sell | 7,500 | $60.68 | $455,100.00 | |
| 3/22/2017 | Hans Ueli Keller | Director | Sell | 2,675 | $60.42 | $161,623.50 | |
| 12/22/2016 | Hans U Benz | Director | Sell | 4,641 | $57.31 | $265,975.71 | |
| 12/21/2016 | Robert F. Kerris | CFO | Sell | 1,212 | $58.92 | $71,411.04 | |
| 12/20/2016 | Neil D Eckert | Director | Sell | 19,304 | $59.41 | $1,146,850.64 | |
| 12/16/2016 | Hans U Benz | Director | Sell | 6,549 | $59.28 | $388,224.72 | |
| 12/9/2016 | Hans Ueli Keller | Director | Sell | 2,549 | $59.67 | $152,098.83 | |
| 12/1/2016 | Hans Ueli Keller | Director | Sell | 4,000 | $57.94 | $231,760.00 | |
| 11/11/2016 | Robert F Kerris | CFO | Sell | 1,171 | $59.22 | $69,346.62 | |
| 6/21/2016 | Robert F Kerris | CFO | Sell | 1,211 | $47.73 | $57,801.03 | |
| 5/31/2016 | Hans Ueli Keller | Director | Sell | 3,684 | $45.49 | $167,585.16 | |
| 3/28/2016 | Robert F Kerris | CFO | Sell | 1,211 | $39.57 | $47,919.27 | |
| 3/3/2016 | Hans U Benz | Director | Sell | 7,464 | $40.95 | $305,650.80 | |
| 3/2/2016 | Robert F Kerris | CFO | Sell | 1,067 | $40.86 | $43,597.62 | |
| 9/22/2015 | Robert F Kerris | CFO | Sell | 1,211 | $27.73 | $33,581.03 | |
| 6/24/2015 | Robert F Kerris | CFO | Sell | 1,211 | $33.55 | $40,629.05 | |
| 5/22/2015 | Fondation Rennes | Major Shareholder | Buy | 14,400 | $37.35 | $537,840.00 | |
| 5/21/2015 | Fondation Rennes | Major Shareholder | Buy | 16,600 | $36.93 | $613,038.00 | |
| 4/16/2015 | Fondation Rennes | Major Shareholder | Buy | 30,000 | $28.70 | $861,000.00 | |
| 4/2/2015 | Fondation Rennes | Major Shareholder | Buy | 15,000 | $29.43 | $441,450.00 | |
| 4/1/2015 | Fondation Rennes | Major Shareholder | Buy | 14,200 | $29.87 | $424,154.00 | |
| 3/30/2015 | Fondation Rennes | Major Shareholder | Buy | 5,800 | $29.93 | $173,594.00 | |
| 3/24/2015 | Leon Royden Thomas D'apice | EVP | Sell | 25,000 | $30.94 | $773,500.00 | |
| 3/20/2015 | Robert F Kerris | CFO | Sell | 4,845 | $30.29 | $146,755.05 | |
| 3/24/2014 | Pavan Bhalla | Director | Sell | 40,000 | $16.95 | $678,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Ebix (NASDAQ:EBIX)
Latest Headlines for Ebix (NASDAQ:EBIX)
| Source: |
|
| Date | Headline |
|---|
 | $89.46 Million in Sales Expected for Ebix, Inc. (EBIX) This Quarter
www.americanbankingnews.com - October 17 at 3:20 AM |
| Brokerages Anticipate Ebix, Inc. (EBIX) Will Announce Earnings of $0.74 Per Share
www.americanbankingnews.com - October 15 at 10:22 PM |
 | Ebix Completes Acquisition of Two Inward International Remittance Businesses in India - GlobeNewswire (press release)
globenewswire.com - October 12 at 6:58 PM |
 | Ebix Completes Acquisition of Two Inward International Remittance Businesses in India
finance.yahoo.com - October 12 at 6:58 PM |
| Ebix, Inc. (EBIX) Given Average Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - October 10 at 12:12 PM |
| Ebix (EBIX) versus Its Peers Financial Analysis
www.americanbankingnews.com - October 7 at 4:10 PM |
| ETFs with exposure to Ebix, Inc. : October 4, 2017
finance.yahoo.com - October 4 at 10:51 AM |
| Ebix, Inc. Forecasted to Earn Q3 2017 Earnings of $0.76 Per Share (EBIX)
www.americanbankingnews.com - October 2 at 2:32 AM |
| Ebix, Inc. (EBIX) Coverage Initiated by Analysts at William Blair
www.americanbankingnews.com - September 27 at 9:20 PM |
 | BRIEF-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 |
| Ebix, 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 |
| ETFs with exposure to Ebix, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 5:11 PM |
 | Noteworthy Thursday Option Activity: AMGN, FFIV, EBIX - Nasdaq
www.nasdaq.com - September 22 at 8:46 AM |
 | BRIEF-Ebix Inc to buy money transfer service scheme business of India's Paul Merchants - Reuters
www.reuters.com - September 22 at 8:46 AM |
| BRIEF-Ebix Inc to buy money transfer service scheme business of India's Paul Merchants
www.reuters.com - September 21 at 6:12 PM |
| Ebix, Inc. :EBIX-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 21 at 6:12 PM |
 | Ebix 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 |
| Ebix Named in Fortune's 2017 100 Fastest-Growing Companies
finance.yahoo.com - September 13 at 7:28 PM |
| Ebix, 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 |
 | LifeMark Partners Selects Assurance's New Proposal Visualization Platform
www.prnewswire.com - September 9 at 5:02 AM |
| Top 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 |
| Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for August 29, 2017 - Nasdaq
www.nasdaq.com - August 28 at 10:55 PM |
 | ItzCash Revisited - A.K.A. Ebix Ready To Explode
seekingalpha.com - August 26 at 5:31 PM |
| EBIX Crosses Above Key Moving Average Level - Nasdaq
www.nasdaq.com - August 23 at 8:25 PM |
| Ebix, Inc. (EBIX) Announces $0.08 Quarterly Dividend
www.americanbankingnews.com - August 22 at 9:16 AM |
 | Ebix (EBIX) to Acquire MTSS Business of YouFirst Money Express Private Limited
www.streetinsider.com - August 21 at 5:43 PM |
| Ebix Expands Presence in International Remittance Sector with Acquisition of YouFirst Money Express Private Limited
finance.yahoo.com - August 21 at 5:43 PM |
| Ebix 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 |
| Ebix to acquire international remittance business from Wall Street Finance - Seeking Alpha
seekingalpha.com - August 17 at 7:22 PM |
| Ebix Signs Agreement to Acquire Inward International Remittance Business from Wall Street Finance Limited (BSE: WSFIN)
finance.yahoo.com - August 17 at 7:21 PM |
| Ebix (EBIX) and Imprivata (IMPR) Head to Head Analysis
www.americanbankingnews.com - August 14 at 4:22 AM |
| See what the IHS Markit Score report has to say about Ebix Inc.
finance.yahoo.com - August 10 at 7:23 PM |
| Ebix, Inc. (EBIX) Issues Earnings Results, Beats Expectations By $0.07 EPS
www.americanbankingnews.com - August 9 at 5:54 PM |
| Ebix 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 |
| Edited Transcript of EBIX earnings conference call or presentation 8-Aug-17 3:00pm GMT
finance.yahoo.com - August 9 at 3:55 AM |
| Ebix's (EBIX) CEO Robin Raina on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM |
| Ebix's (EBIX) CEO Robin Raina on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM |
| Ebix reports Q2 results with 20% revenue growth; shares +3.1% - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM |
| Ebix reports Q2 results with 20% revenue growth; shares +3.1% - Seeking Alpha
seekingalpha.com - August 8 at 5:53 PM |
| Ebix posts 2Q profit
finance.yahoo.com - August 8 at 5:52 PM |
| Ebix posts 2Q profit
finance.yahoo.com - August 8 at 5:52 PM |
| Form 4 EBIX INC For: Jul 25 - StreetInsider.com
www.streetinsider.com - August 2 at 7:00 PM |
| Ebix Hosts Q2 Investor Call Tuesday, August 8th at 11:00 a.m. ET
finance.yahoo.com - August 1 at 6:47 PM |
| Ebix, Inc. – Value Analysis (NASDAQ:EBIX) : July 31, 2017
finance.yahoo.com - July 31 at 11:00 PM |
| Ebix, Inc. (NASDAQ:EBIX) Given $75.00 Consensus Price Target by Analysts
www.americanbankingnews.com - July 27 at 10:50 AM |
| BRIEF-Itzcash says Ebix further commits $100 mln fund for Itzcash
www.reuters.com - July 27 at 12:16 AM |
| QAD (QADA) versus Ebix (EBIX) Critical Contrast
www.americanbankingnews.com - July 22 at 4:10 PM |
| Financial Analysis: Ebix (NASDAQ:EBIX) vs. MicroStrategy (MSTR)
www.americanbankingnews.com - July 18 at 1:17 PM |
| Ebix, 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 |
| Form 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
