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Ebix, Inc. (EBIX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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56.50+0.10 (+0.18%)
At close: 4:00PM EDT
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  • Ive got an idea. HOW ABOUT MORE PR!!! First story ive seen in weeks and nice reaction from the stock price. A lot to tell here people. Lets get the word out!
  • Anemic volume this early AM. I'm surprised more investors are not accumulating at this bargain price. If I had additional cash, I'd purchase more shares even though I'm overweighted now.
  • so i just circled back to reread and interpret conf call. Then i looked at analysts (yeah 2 now after so many years of 1) expectations and why their price targets. Afterwards i parced through Robins unusually long and answers. Not that any of you might care but I have followed Ebix for a long time and read every qrtr twice for 5 years. My take...
    2 Qrtrs from now is when the 20 growth handle Robin goals for and shorts fear will begin to happen. Raina generally speaks for 6 months out when u go over the transcripts and look at results. Hes tough to read because he HATES HATES guidance (he likes goals). I believe this time around he has very big contracts in work. However, he is time table juggling and unsure thus his answers. Big enough that he mentions (whenever he does mention check the tape they come thru but like a couple qrtrs out). Hes also dealing w acquisitions bringing him discomfort in that he likes the future growth he like the accretive value but doesnt like his inability to forecast (something he never tells us but he himself always has know). Raina likes stable and sustaining growth no peaks and valleys but...He loves the discomfort of Ebixs new ventures enough to go thru this discomfort which should provide everytime w GREAT SOLACE. If he didnt love prospects (as he has many times in the past) he would jettison the business.

    Looking at this next qrtr and taking into accnt the seasonality of the dr stuff Ebux is about to blow out this next qrtr (i hold that 2 qrtrs from now will be bigger). Simple logic...last qrtr no seasonality numbers yet sequentially higher. Currency in the past qrtrs has hurt...well thnx Trump (pls no political banter its unnec) the dollar has gotten pounded huge tail wind (i think a 3-4 cents in the past). New acquisition cost reductions should now begin to playout as we are 2 and in some cases 3 qrtrs in and Raina loves to make adjustments after fully integrating. He sounded confident on customer retention and pipeline. So expect similar or even sequential growth in revs and cost reductions no less YOY basis . Now go look at the analysts expectation for the qrtr. Boom. 10 percent top line w 19ish bottom YOY and yeah fetvhing an 18-20 PE is appears pricy thus Ebix is and will languish in a no pr rangebound zone. However, soon those numbers wont look so pedestrian. Lloyds brings more. The more brings the margins back. Organic growth will begin to steam. Either Analysts will raise targets (which in Ebix they dont do much) providing an impetus or as I expect Ebix will go back to over the top blowout. imho thnx all and good luck. sorry for all gramar and sp issues i type on fly w no editing
  • So here is the acquisition that RR said he was hopeful of announcing soon! Looks like a real winner.
  • I love this acquisition, i have been waiting for something like this!
  • Record eps, 9% increase over the previous qtr., which was a record and 3.5% sell off? All because the mkt expected another 3-4 million in sales. It will come, the margins compressed to 33% from 35% because they are bringing additional projects to market that will result in additional sales in the coming quarters. Sit tight growth story still intact.
  • If anyone sees the rational behind these days of losses, would you be so kind as to share that wisdom? Thank you in advance.....................
  • something smells fishy with this short covering. collusion?
  • Revenue up to $79.1M (11% growth) and EPS of $.83 (24% growth). It's a good quarter. Share count is now 31.7M

    $3M of one time revenue gains in the Q4 quarter which is why QoQ the revenue decreased. Nothing bad in this report.
  • I think they will acquire a money movement exchange company in India.
  • My .83 eps was spot on, revenue was a little lighter than I anticipated (i forgot about the medical sales bump in q4 of 3M in my projections), If .83 eps is baseline that would give you a PE of 18 with no further eps gains,and we know the eps is going to go up from here. Can't wait to get some details on the accretive acquisition they will be announcing.
  • It's hard to invest when a companies share price tanks on good earning and no bad news. This earning quarter it looks like the companies I own that had good earnings have gone down just as far as the companies that had bad earnings. Am I the only one having this problem?
  • Another 76k shares covered 3/31 to 4/13, short interest is at lowest level since i began covering this stock 5+ yrs.
  • If i were short i would cover at this level.
  • this is insane!
  • Expectation of .83 eps for the quarter with revenue of 85M. Any one else care to throw out an estimate?
  • does some one know why there is no report on dividends?
  • Short interest is lowest its been in years 5.3M shares short 1M covered in a month with almost no price movement.
  • Is it time to make a move on EBIX? check out awesome-STOCKS, its a pretty reliable service. of course you have to do your own due diligence, but they generally point you in the right direction.
  • As PPL becomes more incorporated into London's insurance and reinsurance markets, along with EBIX's work in India in government emedicine and eeducation, along with possibility of breaking into international trade brokerage, continuing ADAM medical applications, and all other areas Robin mentioned in the last CC, the future is very bright. Interestingly, the shorts are very persistent. As EBIX continues to buyback shares, short holders have declined until the last month or so. Seems to me the shorts are trying to climb a greased pole. I favor share buybacks and would like to see the dividends increase by 25%, too bad we can't have both, but that is asking too much at this time. As PPS increases, and make no mistake--it will increase into $70+, shorts will be squeezed harder and we might see some significant covering. Or if dividends increase 25%, shorty will be paying more. Either way, short holders are losing $$.