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.
Industry, Sector and Symbol
Industry Computer integrated systems design
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:EBIX
CUSIP27871520
Phone678-281-2020
Debt
Debt-to-Equity Ratio0.76
Current Ratio1.83
Quick Ratio1.83
Price-To-Earnings
Trailing P/E Ratio25.06
Forward P/E Ratio20.37
P/E Growth2.03
Sales & Book Value
Annual Sales$363.97 million
Price / Sales6.87
Cash Flow$3.5612 per share
Price / Cash22.31
Book Value$16.97 per share
Price / Book4.68
Profitability
EPS (Most Recent Fiscal Year)$3.17
Net Income$100.61 million
Net Margins25.54%
Return on Equity19.54%
Return on Assets9.51%
Miscellaneous
Employees4,515
Outstanding Shares31,470,000
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 declared a quarterly dividend on Thursday, May 10th. Investors of record on Thursday, May 31st will be paid a dividend of $0.075 per share on Friday, June 15th. This represents a $0.30 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend is Wednesday, May 30th. 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 issued shares were distributed 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 declared that its board has initiated a share buyback program on Friday, April 7th 2017, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 8.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.
How were Ebix's earnings last quarter?
Ebix Inc (NASDAQ:EBIX) posted its earnings results on Wednesday, May, 9th. The technology company reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.86 by $0.03. The technology company earned $108.23 million during the quarter, compared to analyst estimates of $106.81 million. Ebix had a net margin of 25.54% and a return on equity of 19.54%. The company's revenue was up 36.8% on a year-over-year basis. View Ebix's Earnings History.
When is Ebix's next earnings date?
What price target have analysts set for EBIX?
3 equities research analysts have issued 12 month price objectives for Ebix's stock. Their predictions range from $90.00 to $110.00. On average, they anticipate Ebix's share price to reach $100.00 in the next year. View Analyst Ratings for Ebix.
Who are some of Ebix's key competitors?
Some companies that are related to Ebix include Open Text (OTEX), Leidos (LDOS), CSRA (CSRA), Scientific Games (SGMS), CACI INTERNATIONAL INC Common Stock (CACI), Science Applications International (SAIC), Verint Systems (VRNT), NetScout Systems (NTCT), Convergys (CVG), Allscripts Healthcare Solutions (MDRX), Quality Systems (QSII), Sykes Enterprises (SYKE), VASCO Data Security International (VDSI), Unisys (UIS) and Ribbon Communications (RBBN).
Who are Ebix's key executives?
Ebix's management team includes the folowing people:
- Mr. Robin Raina, Chairman, CEO & Pres (Age 52)
- Mr. Robert F. Kerris, Exec. VP and Corp. Officer of Mergers & Acquisitions & Special Projects (Age 64)
- Mr. John Graham Prior, Corp. Exec. VP of International Bus. & Intellectual Property (Age 62)
- Mr. Leon d'Apice, Corp. Exec. VP & Managing Director of Ebix Australia Group (Age 62)
- Mr. James Scott Senge Sr., Sr. VP of EbixHealth (Age 58)
Has Ebix been receiving favorable news coverage?
Press coverage about EBIX stock has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ebix earned a news impact score of 0.18 on Accern's scale. They also gave media stories about the technology company an impact score of 45.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Ebix's major shareholders?
Ebix's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.37%), Villere ST Denis J & Co. LLC (3.40%), Dimensional Fund Advisors LP (1.94%), P2 Capital Partners LLC (1.69%), Northern Trust Corp (1.41%) and Atwood & Palmer Inc. (1.02%). Company insiders that own Ebix stock include Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Neil D Eckert, Robert F Kerris and Sean T Donaghy. View Institutional Ownership Trends for Ebix.
Which institutional investors are selling Ebix stock?
EBIX stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Hancock Holding Co., Rhumbline Advisers, Millrace Asset Group Inc., Northern Trust Corp, Atwood & Palmer Inc., The Manufacturers Life Insurance Company and American International Group Inc.. Company insiders that have sold Ebix company stock in the last year include Hans U Benz, Leon Royden Thomas D'apice and Sean T Donaghy. View Insider Buying and Selling for Ebix.
Which institutional investors are buying Ebix stock?
EBIX stock was purchased by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Royal Bank of Canada, JPMorgan Chase & Co., Dimensional Fund Advisors LP, BlackRock Inc., ARS Investment Partners LLC, P2 Capital Partners LLC and CIBC World Markets 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 $79.45.
How big of a company is Ebix?
Ebix has a market capitalization of $2.49 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.
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 (EBIX)
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.
