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
- Market Cap: $2.09 billion
- Outstanding Shares: 31,452,000
- 50 Day Moving Avg: $62.08
- 200 Day Moving Avg: $58.48
- 52 Week Range: $52.40 - $67.20
Sales & Book Value:
- Trailing P/E Ratio: 21.55
- Foreward P/E Ratio: 19.44
- P/E Growth: 2.17
- Annual Revenue: $321.14 million
- Price / Sales: 6.49
- Book Value: $13.92 per share
- Price / Book: 4.76
- 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: 158,615 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. Shareholders 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 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date 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 Monday, August 1st 2016. The 3-1 split was announced on Monday, May 23rd 2016. The newly issued shares were issued to shareholders after the market closes 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 approved a stock repurchase program on Friday, April 7th 2017, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.
How were Ebix's earnings last quarter?
Ebix, Inc. (NASDAQ:EBIX) issued its earnings results on Tuesday, August, 8th. The company reported $0.74 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.07. The business had revenue of $87.39 million for the quarter, compared to analysts' expectations of $81.35 million. Ebix had a return on equity of 22.02% and a net margin of 30.69%. 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), Descartes Systems Group (DSGX), Q2 Holdings (QTWO), AppFolio (APPF), Luxoft Holding (LXFT), MicroStrategy Incorporated (MSTR), Appian Corporation (APPN), Varonis Systems (VRNS), Talend S.A. (TLND), Mitel Networks Corporation (MITL), Instructure (INST), Workiva (WK), Benefitfocus (BNFT) and Fidessa Group plc (FDSA).
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?
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.
One share of Ebix stock can currently be purchased for approximately $66.30.
Earnings History for Ebix (NASDAQ:EBIX)Earnings History by Quarter for Ebix (NASDAQ EBIX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for Ebix (NASDAQ:EBIX)
2017 EPS Consensus Estimate: $3.06
2018 EPS Consensus Estimate: $3.67
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Ebix (NASDAQ:EBIX)
|Most Recent Dividend:||9/15/2017|
|Payout Ratio:||9.77% (Trailing 12 Months of Earnings) |
9.84% (Based on This Year's Estimates)
8.80% (Based on Next Year's Estimates)
Dividend History by Quarter for Ebix (NASDAQ EBIX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ebix (NASDAQ:EBIX)
Insider Ownership Percentage: 13.00%Insider Trades by Quarter for Ebix (NASDAQ:EBIX)
Institutional Ownership Percentage: 61.82%
(Data available from 1/1/2013 forward)
|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|| |
Headline Trends for Ebix (NASDAQ:EBIX)
Latest Headlines for Ebix (NASDAQ:EBIX)
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Ebix (EBIX) Chart for Monday, October, 23, 2017