About Ebix (NASDAQ:EBIX)
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 SOFT/SERV
SectorComputer and Technology
Trailing P/E Ratio25.0789434666986
Forward P/E Ratio20.38
Sales & Book Value
Annual Sales$363.97 million
Price / Sales6.88
Cash Flow$3.64 per share
Price / Cash21.82
Book Value$16.97 per share
Price / Book4.68
Net Income$100.61 million
Return on Equity20.67%
Return on Assets10.38%
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 Friday, February 16th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.075 per share on Thursday, March 15th. This represents a $0.30 annualized dividend and a yield of 0.38%. The ex-dividend date is Tuesday, February 27th. View Ebix's Dividend History.
When did Ebix's stock split? How did Ebix's stock split work?
Shares of Ebix 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 distributed 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 has initiated a share buyback program on Friday, April 7th 2017, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.
How were Ebix's earnings last quarter?
Ebix Inc (NASDAQ:EBIX) posted its earnings results on Thursday, March, 1st. The technology company reported $0.84 EPS for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.05. The technology company had revenue of $104.68 million for the quarter, compared to analysts' expectations of $96.33 million. Ebix had a return on equity of 20.67% and a net margin of 27.65%. View Ebix's Earnings History.
When will Ebix make its next earnings announcement?
What guidance has Ebix issued on next quarter's earnings?
Ebix updated its fourth quarter earnings guidance on Thursday, March, 1st. The company provided EPS guidance of $0.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80. The company issued revenue guidance of $104.7 million, compared to the consensus revenue estimate of $96.89 million.
Where is Ebix's stock going? Where will Ebix's stock price be in 2018?
3 Wall Street analysts have issued 12-month price objectives for Ebix's shares. 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 SYNNEX (SNX), Zendesk (ZEN), Pegasystems (PEGA), 2U (TWOU), PCCW (PCCWY), HubSpot (HUBS), InterXion (INXN), RealPage (RP), Mulesoft (MULE), New Relic (NEWR), Scientific Games (SGMS), Okta (OKTA), J2 Global (JCOM), Yelp (YELP), Twilio (TWLO), Wix.Com (WIX), CACI International (CACI) and Etsy (ETSY).
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?
Headlines about EBIX stock have trended somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ebix earned a daily sentiment score of 0.21 on Accern's scale. They also gave media coverage about the technology company an impact score of 46.46 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
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. (9.15%), Villere ST Denis J & Co. LLC (2.93%), First Trust Advisors LP (2.50%), Fred Alger Management Inc. (2.01%), Bank of New York Mellon Corp (0.97%) and Wasatch Advisors Inc. (0.86%). 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 major investors are selling Ebix stock?
EBIX stock was sold by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Goldman Sachs Group Inc., First Trust Advisors LP, Guggenheim Capital LLC, Metropolitan Life Insurance Co. NY, JT Stratford LLC, Millrace Asset Group Inc. and TIAA CREF Investment Management LLC. Company insiders that have sold Ebix company stock in the last year include Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice and Sean T Donaghy. View Insider Buying and Selling for Ebix.
Which major investors are buying Ebix stock?
EBIX stock was acquired by a variety of institutional investors in the last quarter, including Castleark Management LLC, BlackRock Inc., PenderFund Capital Management Ltd., Robeco Institutional Asset Management B.V., Nicholas Investment Partners LP, Deutsche Bank AG, The Manufacturers Life Insurance Company and EAM Investors LLC. 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 $79.50.
How big of a company is Ebix?
Ebix has a market capitalization of $2.44 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 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.
Ebix (NASDAQ:EBIX) Earnings History and Estimates Chart
Ebix (NASDAQ EBIX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/1/2018||Q4 2017||$0.79||$0.84||$96.33 million||$104.68 million||View||Listen|
|11/8/2017||Q3 2017||$0.74||$0.76||$89.46 million||$92.80 million||View||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|
Ebix (NASDAQ:EBIX) Earnings Estimates
2018 EPS Consensus Estimate: $3.86
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Ebix (NASDAQ:EBIX) Dividend Information
|Most Recent Dividend:||3/15/2018|
|Payout Ratio:||9.46% (Trailing 12 Months of Earnings) |
7.69% (Based on This Year's Estimates)
6.79% (Based on Next Year's Estimates)
Ebix (NASDAQ:EBIX) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Ebix (NASDAQ EBIX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 13.80%
Institutional Ownership Percentage: 63.97%
Ebix (NASDAQ EBIX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/15/2017||Leon Royden Thomas D'apice||EVP||Sell||3,500||$77.45||$271,075.00||63,971|| |
|11/16/2017||Sean T Donaghy||CFO||Sell||600||$75.56||$45,336.00|| |
|11/15/2017||Hans U Benz||Director||Sell||2,850||$73.30||$208,905.00||2,909|| |
|6/12/2017||Graham John Prior||VP||Sell||18,500||$55.33||$1,023,605.00||18,506|| |
|3/23/2017||Leon Royden Thomas D'apice||EVP||Sell||7,500||$60.68||$455,100.00||67,471|| |
|3/22/2017||Hans Ueli Keller||Director||Sell||2,675||$60.42||$161,623.50||73,253|| |
|12/22/2016||Hans U Benz||Director||Sell||4,641||$57.31||$265,975.71||56,127|| |
|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||116,241|| |
|12/16/2016||Hans U Benz||Director||Sell||6,549||$59.28||$388,224.72||49,939|| |
|12/9/2016||Hans Ueli Keller||Director||Sell||2,549||$59.67||$152,098.83||69,753|| |
|12/1/2016||Hans Ueli Keller||Director||Sell||4,000||$57.94||$231,760.00||72,302|| |
|11/11/2016||Robert F Kerris||CFO||Sell||1,171||$59.22||$69,346.62||3,500|| |
|6/21/2016||Robert F Kerris||CFO||Sell||1,211||$47.73||$57,801.03||4,671|| |
|5/31/2016||Hans Ueli Keller||Director||Sell||3,684||$45.49||$167,585.16||69,753|| |
|3/28/2016||Robert F Kerris||CFO||Sell||1,211||$39.57||$47,919.27||5,882|| |
|3/3/2016||Hans U Benz||Director||Sell||7,464||$40.95||$305,650.80||49,939|| |
|3/2/2016||Robert F Kerris||CFO||Sell||1,067||$40.86||$43,597.62||7,093|| |
|9/22/2015||Robert F Kerris||CFO||Sell||1,211||$27.73||$33,581.03||8,304|| |
|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||33,379|| |
Ebix (NASDAQ EBIX) News Headlines
|Brokerages Anticipate Ebix Inc (EBIX) to Post $0.86 Earnings Per Share|
www.americanbankingnews.com - March 18 at 11:26 PM
|Ebix (EBIX) Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - March 14 at 9:40 PM
|Noteworthy Wednesday Option Activity: SMTC, IBM, EBIX - Nasdaq|
www.nasdaq.com - March 8 at 8:21 AM
|Ebix (EBIX) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - March 7 at 9:40 PM
|Ebix (EBIX) Upgraded to "Buy" by Zacks Investment Research|
www.americanbankingnews.com - March 6 at 9:46 PM
|Schwab Charles Investment Management Inc. Decreases Holdings in Ebix Inc (EBIX)|
www.americanbankingnews.com - March 6 at 5:56 AM
|Zacks: Brokerages Anticipate Ebix Inc (EBIX) Will Announce Earnings of $0.85 Per Share|
www.americanbankingnews.com - March 6 at 5:14 AM
|Craig Hallum Reiterates "Buy" Rating for Ebix (EBIX)|
www.americanbankingnews.com - March 5 at 2:44 PM
|Ebix Inc (EBIX) Position Lowered by Millrace Asset Group Inc.|
www.americanbankingnews.com - March 5 at 12:52 PM
|Ebix Inc (EBIX) Position Decreased by California Public Employees Retirement System|
www.americanbankingnews.com - March 5 at 5:32 AM
|Arizona State Retirement System Buys 25,594 Shares of Ebix Inc (EBIX)|
www.americanbankingnews.com - March 5 at 4:38 AM
|Ebix Inc (EBIX) Holdings Lowered by Royce & Associates LP|
www.americanbankingnews.com - March 4 at 10:50 AM
|Ebix Q4 Revenue Rose 31% to $104.7M and EPS Rose 11% to $0.84; Full Year Revenue Rose 22% to $364.0M and ... - GlobeNewswire (press release)|
globenewswire.com - March 3 at 6:28 PM
|Zacks: Ebix Inc (EBIX) Given $88.50 Consensus Price Target by Brokerages|
www.americanbankingnews.com - March 3 at 3:38 AM
|Ebix Inc (EBIX) Position Boosted by The Manufacturers Life Insurance Company |
www.americanbankingnews.com - March 2 at 7:46 PM
|Ebix (EBIX) Announces Earnings Results|
www.americanbankingnews.com - March 2 at 10:39 AM
|Ebix +0.6% on Q4 beats, 50% Exchanges revenue growth - Ebix Inc ... - Seeking Alpha|
seekingalpha.com - March 2 at 8:14 AM
|BRIEF-Ebix Inc Reports Q4 EPS $0.84|
www.reuters.com - March 1 at 5:53 PM
|Ebix Q4 Revenue Rose 31% to $104.7M and EPS Rose 11% to $0.84; Full Year Revenue Rose 22% to $364.0M and EPS Rose 11% to $3.17|
finance.yahoo.com - March 1 at 5:53 PM
|Why Ebix Inc (NASDAQ:EBIX) Could Be A Buy|
finance.yahoo.com - March 1 at 5:53 PM
|Ebix (EBIX) Issues Q4 Earnings Guidance|
www.americanbankingnews.com - March 1 at 5:50 PM
|Ebix Hosts Q4 Investor Call Friday, March 2nd at 11:00 a.m. ET ... - GlobeNewswire (press release)|
globenewswire.com - March 1 at 8:13 AM
|EAM Investors LLC Purchases Shares of 31,541 Ebix Inc (EBIX)|
www.americanbankingnews.com - February 28 at 2:14 PM
|Ebix Hosts Q4 Investor Call Friday, March 2nd at 11:00 a.m. ET|
feeds.benzinga.com - February 28 at 1:19 PM
|To Fund its Growth Initiatives, Ebix Increases Credit Facility to $650 Million with the Ability to Upsize to $800 ... - GlobeNewswire (press release)|
globenewswire.com - February 27 at 8:16 AM
|Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for February 27, 2018 - Nasdaq|
www.nasdaq.com - February 27 at 8:16 AM
|To Fund its Growth Initiatives, Ebix Increases Credit Facility to $650 Million with the Ability to Upsize to $800 Million Via an Accordion Option|
finance.yahoo.com - February 27 at 8:16 AM
|Where Ebix Inc (NASDAQ:EBIX) Stands In Terms Of Earnings Growth Against Its Industry|
finance.yahoo.com - February 26 at 5:46 PM
|Zacks: Ebix Inc (EBIX) Given Consensus Recommendation of "Strong Buy" by Brokerages|
www.americanbankingnews.com - February 23 at 1:32 PM
|What is Behind Ebix Inc’s (NASDAQ:EBIX) Superior ROE?|
finance.yahoo.com - February 23 at 8:19 AM
|Notable Wednesday Option Activity: EBIX, RST, INCY - Nasdaq|
www.nasdaq.com - February 22 at 8:18 AM
|Zacks: Ebix Inc (EBIX) Receives Consensus Rating of "Strong Buy" from Brokerages|
www.americanbankingnews.com - February 20 at 3:35 PM
|Ebix Extends Support to Lloyd's Plans to Mandate the Ebix Powered PPL Exchange - GlobeNewswire (press release)|
globenewswire.com - February 20 at 8:15 AM
|Ebix Extends Support to Lloyd’s Plans to Mandate the Ebix Powered PPL Exchange|
finance.yahoo.com - February 19 at 5:11 PM
|Ebix (EBIX) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - February 19 at 4:10 AM
|Ebix (EBIX) Lifted to Strong-Buy at BidaskClub|
www.americanbankingnews.com - February 17 at 1:02 PM
|$0.76 Earnings Per Share Expected for Ebix Inc (EBIX) This Quarter|
www.americanbankingnews.com - February 17 at 11:56 AM
|Ebix Declares 7.5 Cent Quarterly Dividend, Payable March 15, to Shareholders of Record February 28, 2018 - GlobeNewswire (press release)|
globenewswire.com - February 17 at 8:13 AM
|Ebix (EBIX) & CDK Global (CDK) Head to Head Review|
www.americanbankingnews.com - February 17 at 5:12 AM
|Analysts Expect Ebix Inc (EBIX) to Announce $0.76 Earnings Per Share|
www.americanbankingnews.com - February 17 at 1:30 AM
|Ebix Inc Declares Quarterly Dividend of $0.08 (EBIX)|
www.americanbankingnews.com - February 16 at 5:40 PM
|Ebix Declares 7.5 Cent Quarterly Dividend, Payable March 15, to Shareholders of Record February 28, 2018|
finance.yahoo.com - February 15 at 9:44 AM
|Zacks Investment Research Downgrades Ebix (EBIX) to Hold|
www.americanbankingnews.com - February 14 at 10:04 PM
|Ebix Completes Acquisition of Inward International Remittance Business from Transcorp International Limited (BSE:TRANSCOR.BO)|
finance.yahoo.com - February 14 at 9:34 AM
|Ebix (EBIX) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - February 13 at 11:22 PM
|Contrasting NetSuite (N) and Ebix (EBIX)|
www.americanbankingnews.com - February 8 at 9:22 PM
|Ebix (EBIX) Downgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - February 8 at 6:12 AM
|Contrasting Ebix (EBIX) and MAM Software Group (MAMS)|
www.americanbankingnews.com - February 5 at 9:16 PM
| Analysts Set $88.50 Price Target for Ebix Inc (EBIX)|
www.americanbankingnews.com - February 2 at 11:30 PM
|Ebix Inc (EBIX) Expected to Announce Quarterly Sales of $96.33 Million|
www.americanbankingnews.com - February 2 at 4:40 AM
Ebix (NASDAQ:EBIX) SEC Filings
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Ebix (NASDAQ:EBIX) Income Statement, Balance Sheet and Cash Flow Statement
Ebix (NASDAQ EBIX) Stock Chart for Wednesday, March, 21, 2018