EBIX - Ebix, Inc.
| Previous Close | 52.11 |
| Open | 52.43 |
| Bid | 46.80 x 1400 |
| Ask | 57.30 x 800 |
| Day's Range | 51.55 - 54.60 |
| 52 Week Range | 39.27 - 89.10 |
| Volume | 807,671 |
| Avg. Volume | 470,604 |
| Market Cap | 1.698B |
| Beta (3Y Monthly) | 1.42 |
| PE Ratio (TTM) | 15.47 |
| EPS (TTM) | 3.51 |
| Earnings Date | Feb 27, 2019 - Mar 4, 2019 |
| Forward Dividend & Yield | 0.30 (0.65%) |
| Ex-Dividend Date | 2018-11-29 |
| 1y Target Est | 99.33 |
- Markit•4 days ago
See what the IHS Markit Score report has to say about Ebix Inc.
# Ebix Inc ### NASDAQ/NGS:EBIX View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Negative Short interest is extremely high for EBIX with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting EBIX. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding EBIX totaled $536 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- GlobeNewswire•4 days ago
Ebix Expands on Technology Leadership Role in the Area of Annuity Exchanges
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today made a number of key announcements in the area of Annuity exchanges. The Company announced that it has successfully completed the implementation of its enterprise annuity exchange platform AnnuityNet4 (AN4), across its entire client base in the United States, besides signing four new contracts with Life and Annuity insurance companies in the fourth quarter of 2018. AN4 is a highly complex complete technology rewrite of Ebix’s previous AnnuityNet platform, involving more than a hundred man-years of development time.
- GlobeNewswire•5 days ago
EbixCash’s Travel Divisions Report Cumulative GMV of INR 8,100+ Crores ($1.16 Billion), with the acquisition of two companies - Pearl International and Lawson Travels
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its Indian subsidiaries has signed agreements to acquire the assets of Delhi based Pearl International Tour & Travels and Mumbai based Lawson Travels & Tours. The two companies cumulatively conduct a Gross Merchandise Value (GMV) of approximately $140 million or Indian Rupees 1000 crores. The acquisition of the assets of the two companies will increase EbixCash’s travel expanse across its two travels brands Via & Mercury, to a total GMV of INR 8,100 crores or $ 1.16 Billion.
- PR Newswire•7 days ago
Johnson Fistel, LLP Announces Investigations of Navient Corporation, Synchrony Financial, and Ebix, Inc.; Investors Encouraged to Contact Firm
Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential violations of federal and state laws by Navient Corporation (NAVI) and certain of its officers. Navient provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. Several years ago a securities class action complaint was filed alleging that during the Class Period, defendants materially misstated the Company's business metrics and financial prospects.
GuruFocus.com•8 days agoEbix CEO Takes Stock as Salary Instead of Cash Amid Share Price Declines
Ebix Inc. (EBIX) CEO Robin Raina decided to forgo his cash salary and instead accept Ebix stock of equivalent value every month, according to a press release this morning. Ebix stock was traded above $80 three months ago. Warning! GuruFocus has detected 4 Warning Signs with EBIX.
- GlobeNewswire•8 days ago
Ebix Provides Business Update and Reviews International Expansion Plans
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, provided a business update today and announced plans to grow in international markets in the converged areas of insurance and finance, in 2019 and beyond. The Company laid out its expansion plans in the Middle East, ASEAN and Pacific markets in the near term, while focusing on the deployment of its converged insurance and finance offerings. US Insurance Businesses - Recent executive appointments and realignments in Ebix’s core insurance businesses in the US have resulted in new exchange clients in multiple areas ranging from Annuities, Life and Health to the strategic RCS areas of the business.
- GlobeNewswire•8 days ago
Report: Exploring Fundamental Drivers Behind Two Harbors Investments, Heidrick & Struggles International, Ebix, Apogee Enterprises, NCI Building, and Agree Realty — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Jan. 11, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Markit•10 days ago
See what the IHS Markit Score report has to say about Ebix Inc.
# Ebix Inc ### NASDAQ/NGS:EBIX View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Negative Short interest is high for EBIX with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting EBIX. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, ETFs holding EBIX are favorable, with net inflows of $2.12 billion. Additionally, the rate of inflows is increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•12 days ago
Read This Before Selling Ebix, Inc. (NASDAQ:EBIX) Shares
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices Read More...
- GlobeNewswire•15 days ago
EbixCash Acquires Essel Forex Limited
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that its EbixCash World Money Limited subsidiary in India has entered into an agreement to acquire 100% assets of India based Essel Forex Limited, for approximately $8 million. Ebix will be funding the entire transaction in cash, using its internal cash reserves. With a national network of 44 branches in 31 cities serviced by 400+ employees, Essel Forex has been one of the five largest Foreign exchange providers in India with a wide spectrum of related products including sales of all major Currencies, travelers’ checks, demand drafts, remittances, money transfers and prepaid cards primarily for the Corporate clients.
- GlobeNewswire•17 days ago
EbixCash Acquires Weizmann Forex Limited (BSE:WEIZFOREX) and Strengthens Leadership Position in India’s Foreign Exchange and Remittance Markets
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that its EbixCash World Money Limited subsidiary in India has entered into an agreement to acquire a 74.84% controlling stake in India based Weizmann Forex Limited (BSE:WEIZFOREX.BO). Weizmann Forex is the second largest inward remittance provider besides being one of the four largest Foreign exchange & outward remittance providers in India.
- GlobeNewswire•19 days ago
Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating Ebix, Inc. (EBIX) on Behalf of Stockholders and Encourages EBIX Investors to Contact the Firm
NEW YORK, Dec. 31, 2018 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims against Ebix, Inc. (NASDAQ: EBIX). Our investigation.
- Business Wire•22 days ago
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Ebix, Inc. Investors (EBIX)
Law Offices of Howard G. Smith announces an investigation on behalf of Ebix, Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
- GlobeNewswire•22 days ago
Ebix Engages 5th Largest US Audit Firm RSM US LLP as Consolidated Auditors
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that it has appointed RSM US LLP to serve as the Company's independent consolidated auditor for 2019. RSM will replace T R Chadha & Co. LLP (“TRC”), who will continue as the Company's consolidated auditor for the fiscal year ending December 31, 2018. RSM US LLP is the fifth largest accounting firm in the United States, with over 9,600 employees across 90 cities nationwide providing audit, tax, and consulting services.
- Business Wire•22 days ago
INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims against Ebix, Inc.
The law firm of Kirby McInerney LLP is investigating potential claims against Ebix, Inc. (“Ebix” or the “Company”) (NASDAQ:EBIX). This investigation concerns whether Ebix has violated federal securities laws and/or engaged in other unlawful business practices. On October 5, 2018, Ebix and management announced that they had decided to replace the Company’s outside auditor (Cherry Bekaert LLP) and to appoint TR Chadha & Co. LLP as Ebix’s new outside auditor.
- Business Wire•23 days ago
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Ebix, Inc. Investors (EBIX)
Law Offices of Howard G. Smith announces an investigation on behalf of Ebix, Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
- GlobeNewswire•29 days ago
Ebix Issues Update on Share Re-Purchases and Plans for Proposed Stock Split
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today provided an update on its share repurchases and the proposed stock split. Ebix announced that its shareholders have approved by a wide margin an increase in the Company’s Authorized shares to 220 million from 120 million. Approval for the increase in authorized shares was required to provide a sufficient number of authorized shares to effectuate a split of Ebix’s common stock approved by the Company’s Board of Directors.
- GlobeNewswire•29 days ago
Ebix’s Bus Exchange Division Wins Order to Build-Own-Operate an End-to-End Transport Management System for 5 Years
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, healthcare, financial and e-learning industries, today announced that it has been awarded the purchase order to deploy an end-to-end Bus Exchange solution for an estimated count of approximately 300 million passengers travelling annually, by Public Roadways for a key North Indian state. Ebix’s Bus Exchange Division won the Build-own-operate order to deploy and maintain the technology solution to power the integrated transport management system across more than 4,500 Buses and 50 Bus Depots, for the Public Roadways Corporation in this North Indian state. Provide the solution to power the on-demand ticketing needs of an estimated 300 million passengers annually, through smart card applications working across buses, depots, online and mobile applications.
Markit•last monthSee what the IHS Markit Score report has to say about Ebix Inc.
Ebix Inc NASDAQ/NGS:EBIX
- Simply Wall St.•last month
Does Market Volatility Impact Ebix, Inc.’s (NASDAQ:EBIX) Share Price?
If you own shares in Ebix, Inc. (NASDAQ:EBIX) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of Read More...
- Insider Monkey•last month
Hedge Funds Are Buying Ebix Inc (EBIX)
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
- GlobeNewswire•last month
Ebix CEO Decides to Take Salary in Ebix Stock Instead of Cash, Besides the Company Commencing Purchase of Ebix Stock Under a New $100 Million Repurchase Commitment Over the Next 6 to 12 Months Period
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, healthcare, financial and e-learning industries, today announced a number of key initiatives to enhance shareholder value and reflect the Company’s strong faith in its fundamentals. The Company declared that the Ebix Compensation Committee has accepted the Ebix CEO Robin Raina’s request to forego his cash salary and instead accept Ebix stock for equivalent value every month, at the stock price prevailing at that time in the market. Ebix CEO will receive stock instead of cash for a period of time, until the stock price is $150 per share or the economic equivalent as adjusted for future corporate actions such as stock splits that may occur from time to time.
Markit•last monthSee what the IHS Markit Score report has to say about Ebix Inc.
Ebix Inc NASDAQ/NGS:EBIX
- GlobeNewswire•last month
Ebix Wins Contract to Provide Foreign Exchange Services at India’s New Kannur International Airport
JOHNS CREEK, Ga., Dec. 10, 2018 -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, healthcare,.
- GlobeNewswire•last month
EbixCash Acquires AHA Taxis, a Platform for On-Demand Inter-City Cabs in India
Ebix, Inc. (EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its India-based EbixCash subsidiaries has acquired a 70 percent stake in AHA Taxis, a platform for on-demand inter-city cabs in India. AHA focuses its attention on Corporate and Consumer inter-city travel primarily, with a network of more than 15,000 registered AHA Taxis. AHA has pioneered an offering of one-way fare for hiring taxis for outstation trips, whereas the trade norm used to be to charge the return fare.
