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

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$48.53 +0.33 (+0.68 %)
(As of 03/26/2019 01:19 PM ET)
Previous Close$48.20
Today's Range$48.10 - $49.01
52-Week Range$39.27 - $89.10
Volume11,987 shs
Average Volume423,884 shs
Market Capitalization$1.48 billion
P/E Ratio13.02
Dividend Yield0.63%
Beta1.61
Ebix, Inc. provides software and e-commerce solutions to insurance, finance, healthcare, and e-learning 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 finance, travel, 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; 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$497.83 million
Cash Flow$4.2496 per share
Book Value$17.41 per share

Profitability

Net Income$93.14 million

Miscellaneous

Employees9,263
Market Cap$1.48 billion
Next Earnings Date5/8/2019 (Estimated)
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. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.075 per share on Friday, March 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.62%. 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 minted shares were issued to shareholders after the market closes 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 of Directors has approved a share repurchase plan 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 repurchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

How were Ebix's earnings last quarter?

Ebix Inc (NASDAQ:EBIX) posted its earnings results on Friday, March, 1st. The technology company reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.11. The technology company earned $136.33 million during the quarter, compared to the consensus estimate of $130.43 million. Ebix had a return on equity of 21.64% and a net margin of 18.71%. The company's revenue was up 30.2% 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 Wednesday, May 8th 2019. View Earnings Estimates for Ebix.

What price target have analysts set for EBIX?

2 brokerages have issued 1-year target prices for Ebix's shares. Their forecasts range from $22.60 to $62.00. On average, they anticipate Ebix's share price to reach $42.30 in the next year. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for Ebix.

What is the consensus analysts' recommendation for Ebix?

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

Has Ebix been receiving favorable news coverage?

Press coverage about EBIX stock has been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press 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 five, with scores nearest to five being the most favorable. Ebix earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Ebix's key competitors?

What other stocks do shareholders of Ebix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ebix investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), YY (YY) and United Rentals (URI).

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 & 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 variety of of institutional and retail investors. Top institutional investors include FMR LLC (12.22%), BlackRock Inc. (10.77%), First Trust Advisors LP (4.27%), Villere ST Denis J & Co. LLC (3.46%), Dimensional Fund Advisors LP (2.31%) and Dimensional Fund Advisors LP (2.31%). Company insiders that own Ebix stock include Fondation Rennes, Graham John Prior, Hans U Benz, Leon Royden Thomas D'apice, Robin Raina 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 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 FMR LLC. 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 institutional investors are buying Ebix stock?

EBIX stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Two Sigma Investments LP, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Norges Bank, First Trust Advisors LP, WINTON GROUP Ltd and Two Sigma Advisers LP. 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 $48.53.

How big of a company is Ebix?

Ebix has a market capitalization of $1.48 billion and generates $497.83 million in revenue each year. The technology company earns $93.14 million in net income (profit) each year or $3.73 on an earnings per share basis. Ebix employs 9,263 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:  2.2 out of 5 (star star)
Outperform Votes:  197 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  439
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 3/26/2019 by MarketBeat.com Staff

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