NASDAQ:EBIX - Ebix Stock Price, News, & Analysis

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$58.57 +0.56 (+0.97 %)
(As of 02/19/2019 01:19 AM ET)
Previous Close$58.01
Today's Range$57.66 - $58.88
52-Week Range$39.27 - $89.10
Volume236,869 shs
Average Volume338,150 shs
Market Capitalization$1.83 billion
P/E Ratio18.48
Dividend Yield0.52%
Beta1.69
Ebix, Inc. provides software and e-commerce solutions to insurance, finance, and healthcare industries. It offers software development, customization, and consulting services to various entities in the insurance industry, including carriers, brokers, exchanges, and standard making bodies. The company operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, insurance underwriting, and property and casualty (P&C) insurance. It also focuses on designing and deploying back-end systems, such as eGlobal, which targets multinational P&C insurance brokers; WinBeat that targets P&C brokers in the Australian and New Zealand markets; and EbixASP, a system for the P&C insurance brokers in the United States. In addition, the company offers business process outsourcing services that include providing domain intensive project management, time, and material based consulting engagements to clients; the creation and tracking of certificates of insurance issued in the United States and Australian markets; and the provision of claims adjudication and settlement, call center, and back office support, as well as a software-based service for the issuance of certificates of insurance and a service to track certificates of insurance for corporate clients in the United States and Australia. Further, the company offers carrier systems, which pertains to the designing and deploying on-demand back-end systems for P&C insurance companies. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Johns Creek, Georgia.

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Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:EBIX
CUSIP27871520
Phone678-281-2020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$363.97 million
Cash Flow$3.6244 per share
Book Value$16.97 per share

Profitability

Net Income$100.61 million

Miscellaneous

Employees4,515
Market Cap$1.83 billion
OptionableOptionable

Ebix (NASDAQ:EBIX) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, February 14th. Stockholders of record on Thursday, February 28th will be given a dividend of $0.075 per share on Friday, March 15th. This represents a $0.30 annualized dividend and a dividend yield of 0.51%. The ex-dividend date of this dividend is Wednesday, February 27th. View Ebix's Dividend History.

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

Ebix's stock split on Friday, December 14th 2018. The 5-1 split was announced on Thursday, September 20th 2018. The newly issued shares were issued to shareholders after the closing bell on Thursday, December 13th 2018. An investor that had 100 shares of Ebix stock prior to the split would have 500 shares after the split.

How will Ebix's stock buyback program work?

Ebix declared that its board has initiated a stock buyback plan on Friday, April 7th 2017, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

How were Ebix's earnings last quarter?

Ebix Inc (NASDAQ:EBIX) released its quarterly earnings results on Wednesday, August, 8th. The technology company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.01. The technology company earned $124.60 million during the quarter, compared to analysts' expectations of $111.41 million. Ebix had a net margin of 23.85% and a return on equity of 20.55%. The firm's quarterly revenue was up 42.6% compared to the same quarter last year. View Ebix's Earnings History.

When is Ebix's next earnings date?

Ebix is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Ebix.

What price target have analysts set for EBIX?

3 analysts have issued 1-year price objectives for Ebix's shares. Their predictions range from $17.00 to $22.60. On average, they expect Ebix's share price to reach $20.5333 in the next twelve months. This suggests that the stock has a possible downside of 64.9%. View Analyst Price Targets for Ebix.

What is the consensus analysts' recommendation for Ebix?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ebix in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ebix.

What are Wall Street analysts saying about Ebix stock?

Here are some recent quotes from research analysts about Ebix stock:
  • 1. Maxim Group analysts commented, "On Friday, we hosted a conference call with EBIX’s Chairman, CEO, and President Robin Raina, who went into significant detail on various initiatives in India." (10/22/2018)
  • 2. According to Zacks Investment Research, "Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial services industries. Ebix strives to work collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges. Ebix combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of organizations. " (3/14/2018)

Has Ebix been receiving favorable news coverage?

Media stories about EBIX stock have been trending positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ebix earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.

Who are some of Ebix's key competitors?

Who are Ebix's key executives?

Ebix's management team includes the folowing people:
  • Mr. Robin Raina, Chairman, CEO & Pres (Age 53)
  • Mr. Sean T. Donaghy, CFO, Chief Accounting Officer & Company Sec. (Age 53)
  • Mr. John Graham Prior, Corp. Exec. VP of International Bus. & Intellectual Property (Age 63)
  • Mr. Leon d'Apice, Corp. Exec. VP & MD of Ebix Australia Group (Age 63)
  • Mr. James Scott Senge Sr., Sr. VP of EbixHealth (Age 59)

Who are Ebix's major shareholders?

Ebix's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.77%), First Trust Advisors LP (4.27%), Villere ST Denis J & Co. LLC (3.46%), Dimensional Fund Advisors LP (2.31%), Northern Trust Corp (1.44%) and RK Capital Management LLC (1.44%). Company insiders that own Ebix stock include Fondation Rennes, Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Robin Raina and Sean T Donaghy. View Institutional Ownership Trends for Ebix.

Which major investors are selling Ebix stock?

EBIX stock was sold by a variety of institutional investors in the last quarter, including Portolan Capital Management LLC, RK Capital Management LLC, KBC Group NV, BlackRock Inc., Tealwood Asset Management Inc., New York State Common Retirement Fund, Atwood & Palmer Inc. and Virginia Retirement Systems ET AL. Company insiders that have sold Ebix company stock in the last year include Fondation Rennes, Hans U Benz and Leon Royden Thomas D'apice. View Insider Buying and Selling for Ebix.

Which major investors are buying Ebix stock?

EBIX stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Two Sigma Investments LP, Dimensional Fund Advisors LP, First Trust Advisors LP, WINTON GROUP Ltd, Two Sigma Advisers LP, West Coast Financial LLC and Ashford Capital Management Inc.. View Insider Buying and Selling for Ebix.

How do I buy shares of Ebix?

Shares of EBIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 $58.57.

How big of a company is Ebix?

Ebix has a market capitalization of $1.83 billion and generates $363.97 million in revenue each year. The technology company earns $100.61 million in net income (profit) each year or $3.17 on an earnings per share basis. Ebix employs 4,515 workers across the globe.

What is Ebix's official website?

The official website for Ebix is http://www.ebix.com.

How can I contact Ebix?

Ebix's mailing address is 1 EBIX WAY, JOHNS CREEK GA, 30097. The technology company can be reached via phone at 678-281-2020 or via email at [email protected]


MarketBeat Community Rating for Ebix (NASDAQ EBIX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  425
MarketBeat's community ratings are surveys of what our community members think about Ebix and other stocks. Vote "Outperform" if you believe EBIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EBIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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