Does Earnings Surprise History Hold Any Clue for Ebix (NASDAQ:EBIX)

Earnings results for Ebix (NASDAQ:EBIX)

Ebix, Inc. is estimated to report earnings on 03/22/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $1.01.

Analyst Opinion on Ebix (NASDAQ:EBIX)

1 Wall Street analysts have issued ratings and price targets for Ebix in the last 12 months. Their average twelve-month price target is $54.00, predicting that the stock has a possible upside of 64.28%. The high price target for EBIX is $75.00 and the low price target for EBIX is $33.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

Ebix has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $54.00, Ebix has a forecasted upside of 64.3% from its current price of $32.87. Ebix has received no research coverage in the past 90 days.

Dividend Strength: Ebix (NASDAQ:EBIX)

Ebix has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends. Ebix has only been increasing its dividend for 1 years.

Insiders buying/selling: Ebix (NASDAQ:EBIX)

In the past three months, Ebix insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,159.00 in company stock. Only 15.80% of the stock of Ebix is held by insiders. 77.82% of the stock of Ebix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Ebix (NASDAQ:EBIX

The P/E ratio of Ebix is 10.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.56. The P/E ratio of Ebix is 10.67, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 67.93. Ebix has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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