There Is Still Room For Ebix Inc. (EBIX) to Improve Its Value – Let’s Wait for Clarity

Ebix Inc. (NASDAQ: EBIX) closed the day trading at $14.75 up 2.29% from the previous closing price of $14.42. In other words, the price has increased by $+0.33 from its previous closing price. On the day, 640855 shares were traded. EBIX stock price reached its highest trading level at $14.83 during the session, while it also had its lowest trading level at $13.80.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



For a better understanding of EBIX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on July 12, 2018, initiated with a Buy rating and assigned the stock a target price of $108.

On December 19, 2017, Sidoti reiterated its Buy rating and also lowered its target price recommendation from $88 to $90.

Valuation Measures:

As of this moment, Ebix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.28, and their Forward P/E ratio for the next fiscal year is 6.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.73.

Stock Price History:

Over the past 52 weeks, EBIX has reached a high of $37.87, while it has fallen to a 52-week low of $12.04.

Shares Statistics:

A total of 30.78M shares are outstanding, with a floating share count of 24.26M. Insiders hold about 21.52% of the company’s shares, while institutions hold 70.50% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of $0.6 for the current quarter, with a high estimate of $0.63 and a low estimate of $0.57, while EPS last year was $0.5. The consensus estimate for the next quarter is $0.56, with high estimates of $0.69 and low estimates of $0.43.

Analysts are recommending an EPS of between $2.44 and $2.42 for the fiscal current year, implying an average EPS of $2.43. EPS for the following year is $2.59, with 2 analysts recommending between $2.65 and $2.53.

Revenue Estimates

2 analysts predict $251.04M in revenue for the current quarter. It ranges from a high estimate of $276.09M to a low estimate of $226M. As of the current estimate, Ebix Inc.’s year-ago sales were $266.83M, an estimated decrease of -5.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $251.92M, a decrease of -12.00% less than the figure of -$5.90% in the same quarter last year. There is a high estimate of $276.84M for the next quarter, whereas the lowest estimate is $227M.

A total of 2 analysts have provided revenue estimates for EBIX’s current fiscal year. The highest revenue estimate was $1.07B, while the lowest revenue estimate was $1.02B, resulting in an average revenue estimate of $1.05B. In the same quarter a year ago, actual revenue was $994.94M, up 5.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.09B and the low estimate is $968M. The average revenue growth estimate for next year is down -1.40% from the average revenue estimate for this year.