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EBIX

EBIX - Ebix Inc Stock Price, Fair Value and News

1.08USD-0.07 (-6.09%)Market Closed

Market Summary

EBIX
USD1.08-0.07
Market Closed
-6.09%

EBIX Stock Price

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EBIX RSI Chart

EBIX Valuation

Market Cap

33.4M

Price/Earnings (Trailing)

6.75

Price/Sales (Trailing)

0.05

EV/EBITDA

-0.31

Price/Free Cashflow

1.45

EBIX Price/Sales (Trailing)

EBIX Profitability

EBT Margin

1.07%

Return on Equity

0.81%

Return on Assets

0.32%

Free Cashflow Yield

68.99%

EBIX Fundamentals

EBIX Revenue

Revenue (TTM)

735.6M

Rev. Growth (Yr)

-53.77%

Rev. Growth (Qtr)

0.67%

EBIX Earnings

Earnings (TTM)

4.9M

Earnings Growth (Yr)

-156.42%

Earnings Growth (Qtr)

-3.4K%

Breaking Down EBIX Revenue

Last 7 days

-2.3%

Last 30 days

-48.3%

Last 90 days

-73.1%

Trailing 12 Months

-92.7%

How does EBIX drawdown profile look like?

EBIX Financial Health

Current Ratio

0.41

Debt/Equity

5e-5

Debt/Cashflow

1.1K

EBIX Investor Care

Dividend Yield

20.83%

Dividend/Share (TTM)

0.23

Buy Backs (1Y)

0.01%

Diluted EPS (TTM)

0.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.0B874.3M735.6M0
2022991.1M995.6M1.1B1.1B
2021777.8M912.8M950.2M994.9M
2020575.6M542.6M549.7M625.6M
2019532.5M552.2M570.8M580.6M
2018393.1M430.3M466.2M497.8M
2017306.3M321.1M339.3M364.0M
2016272.8M280.7M288.5M298.3M
2015226.7M239.9M255.9M265.5M
2014203.5M204.0M204.5M214.3M
2013208.1M211.4M207.9M204.7M
2012172.7M178.2M189.4M199.4M
2011140.6M150.7M160.0M169.0M
2010106.3M114.9M123.6M132.2M
200900097.7M
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Tracking the Latest Insider Buys and Sells of Ebix Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 29, 2023
hebard george
bought
376,280
0.92
409,000
-
Feb 19, 2023
hamil steven m
sold (taxes)
-3,310
16.39
-202
chief financial officer
Jan 10, 2023
hamil steven m
sold (taxes)
-20,654
18.76
-1,101
chief financial officer
Nov 19, 2022
hamil steven m
sold (taxes)
-3,390
18.53
-183
chief financial officer
Oct 11, 2022
hamil steven m
sold (taxes)
-18,106
18.59
-974
chief financial officer
Aug 19, 2022
hamil steven m
sold (taxes)
-4,249
24.01
-177
chief financial officer
Jul 12, 2022
hamil steven m
sold (taxes)
-17,932
18.43
-973
chief financial officer
May 19, 2022
hamil steven m
sold (taxes)
-20,914
29.54
-708
chief financial officer
Apr 12, 2022
hamil steven m
sold (taxes)
-30,419
32.02
-950
chief financial officer
Jan 11, 2022
hamil steven m
sold (taxes)
-34,383
31.06
-1,107
chief financial officer

1–10 of 50

Which funds bought or sold EBIX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC Financial Services Group, Inc.
sold off
-100
-126,039
-
-%
Mar 11, 2024
VANGUARD GROUP INC
sold off
-100
-31,802,600
-
-%
Mar 01, 2024
Pineridge Advisors LLC
new
-
375
375
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
sold off
-100
-142,232
-
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
sold off
-100
-74,000
-
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
sold off
-100
-12,000
-
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
sold off
-100
-121,000
-
-%
Feb 15, 2024
BARCLAYS PLC
reduced
-99.88
-338,000
-
-%
Feb 15, 2024
JANE STREET GROUP, LLC
sold off
-100
-4,357,490
-
-%
Feb 15, 2024
Legal & General Group Plc
sold off
-100
-643,693
-
-%

1–10 of 40

Are Funds Buying or Selling EBIX?

Are funds buying EBIX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EBIX
No. of Funds

Unveiling Ebix Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 06, 2024
lebowitz steven d
8.68%
2,682,749
SC 13G/A
Jan 23, 2024
millennium management llc
0.8%
245,507
SC 13G/A
Jan 08, 2024
blackrock inc.
0.0%
3,961
SC 13G/A
Nov 07, 2023
blackrock inc.
6.1%
1,875,422
SC 13G/A
Nov 02, 2023
millennium management llc
5.2%
1,622,135
SC 13G
Jun 09, 2023
vanguard group inc
10.55%
3,258,581
SC 13G/A
Feb 09, 2023
lebowitz steven d
6.11%
1,889,166
SC 13G/A
Feb 09, 2023
vanguard group inc
9.82%
3,035,561
SC 13G/A
Jan 26, 2023
blackrock inc.
13.1%
4,041,009
SC 13G/A
Jan 20, 2023
blackrock inc.
13.1%
4,041,009
SC 13G/A

Recent SEC filings of Ebix Inc

View All Filings
Date Filed Form Type Document
Apr 11, 2024
3
Insider Trading
Apr 05, 2024
8-K
Current Report
Apr 01, 2024
8-K
Current Report
Mar 25, 2024
8-K
Current Report
Mar 15, 2024
NT 10-K
NT 10-K
Feb 22, 2024
8-K
Current Report
Feb 20, 2024
8-K
Current Report
Feb 15, 2024
25-NSE
25-NSE
Feb 06, 2024
SC 13G/A
Major Ownership Report
Jan 26, 2024
8-K
Current Report

Peers (Alternatives to Ebix Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
264.6B
34.9B
-7.34% 40.12%
63.96
7.59
11.18% 1888.46%
152.4B
37.3B
-3.54% 133.10%
80.75
4.09
16.95% 120.64%
49.1B
5.3B
-9.66% 17.99%
53.58
9.19
9.15% 48.14%
28.6B
2.3B
0.14% 3.42%
57.09
12.59
9.90% -4.45%
18.0B
4.5B
-8.66% -13.31%
28.26
3.98
3.06% 514.65%
MID-CAP
7.7B
620.4M
-2.61% 68.38%
2.8K
12.39
31.48% 103.97%
6.9B
4.4B
4.41% 76.89%
-20.37
1.57
7.53% 78.52%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.3B
881.7M
-10.17% 37.04%
40.87
3.72
4.64% 44.42%
2.5B
296.4M
-28.01% -4.89%
-9.23
8.46
11.14% -3.59%
2.3B
228.1M
8.32% -1.21%
25.94
9.93
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
191.8M
572.4M
-36.49% -84.68%
-0.97
0.34
-19.38% -489.49%
183.6M
119.1M
-12.53% -55.01%
-19.92
1.54
24.27% 36.31%
154.8M
31.3M
51.31% 98.50%
-26.37
4.94
4.69% 43.72%

Ebix Inc News

Latest updates
Yahoo New Zealand News • 31 hours ago
StreetInsider.com • 20 Feb 2024 • 08:00 am
Investing.com • 20 Feb 2024 • 08:00 am
The Wall Street Journal • 2 months ago
InvestorPlace • 3 months ago
GlobeNewswire • 5 months ago

Ebix Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue0.7%119118243255258251286267192246290222154111138146147144143136129
Costs and Expenses10.5%99.0089.0021222522822125623416421925919412279.0010411212110389.00--
Operating Expenses----------------11212110389.0095.0089.00
  S&GA Expenses39.5%5.004.003.005.004.005.004.004.003.003.004.003.003.003.004.005.004.004.006.004.005.00
  R&D Expenses0.7%11.0011.0010.0010.0010.0010.0010.0010.0010.0010.0010.009.009.008.009.0011.0011.0011.0011.0011.0011.00
EBITDA Margin5.6%0.17*0.16*0.14*0.14*0.14*0.14*0.13*0.13*0.13*0.14*0.17*0.22*---------
Interest Expenses14.5%28.0025.0022.0018.0015.0012.0010.0012.0011.0010.008.008.007.007.009.0010.0011.0012.0010.009.007.00
Income Taxes213.4%1.000.001.003.002.002.002.004.001.001.001.003.00-0.152.001.001.00-0.221.00-1.0826.002.00
Earnings Before Taxes-11203.3%-10.210.007.0011.0019.0021.0020.0020.0016.0016.0022.0020.0024.0025.0026.0023.0015.0029.0024.0035.0031.00
EBT Margin-75.2%0.01*0.04*0.06*0.07*0.08*0.08*0.07*0.07*0.08*0.09*0.12*0.15*---------
Net Income-3442.9%-10.300.007.008.0018.0019.0019.0015.0015.0016.0022.0019.0025.0023.0025.0022.0021.0029.0026.009.0029.00
Net Income Margin-82.4%0.01*0.04*0.05*0.06*0.07*0.07*0.07*0.07*0.08*0.09*0.11*0.15*---------
Free Cashflow-94.1%-8.16-4.215.0031.0021.0016.00-3.7428.0015.0012.008.0025.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.4%1,5621,5411,5421,5381,5051,5471,5601,5731,5501,5461,5661,5701,5511,5161,5041,5921,6051,6231,5811,6111,429
  Current Assets2.9%359349374385336355340367355347361362347328319364380370353427349
    Cash Equivalents14.5%71.0062.0078.0011171.0068.0076.0011588.0085.0010010588.0077.0062.0011110883.0064.00150135
  Net PPE-1.0%53.0054.0054.0052.0058.0058.0062.0048.0054.0053.0053.0053.0049.0048.0047.0048.0053.0052.0050.0048.0046.00
  Goodwill-0.9%8798878858828879079329399419429469493.009259219529599729669471.00
Liabilities5.4%9108648688788458688558748588648909109209269329921,0221,0351,0121,067887
  Current Liabilities5.6%865819824832805828813205180177178191198198187235254272242317223
  Short Term Borrowings--------------23.0023.00-19.0017.0015.0015.0013.00
Shareholder's Equity-9.7%611677674617660679705700692682677660631590572599583588569544542
  Retained Earnings-1.3%812822822815809793776759746733720700683661640619599583556535577
  Additional Paid-In Capital1.6%20.0020.0019.0019.0018.0017.0016.0015.0015.0014.0012.0011.0011.009.008.007.006.005.004.003.001.00
Shares Outstanding0.1%31.0031.0031.0031.0031.0031.0031.0031.0031.0031.0031.0031.00---------
Minority Interest-1.1%40.0041.0041.0042.0042.0043.0043.0044.0046.0046.0047.0047.0048.0049.0049.0049.0049.0052.0065.0066.0046.00
Float------296---670---500---1,160---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-494.7%-5,0091,2697,17032,47423,64915,8775,56729,64518,16613,0828,57828,59213,36528,82129,57861047,024-7,88321,0429,29034,272
  Share Based Compensation-50.9%3166446449709719709641,3261,3171,3591,3581,3351,2041,1271,1269461,029846576571731
Cashflow From Investing43.9%-3,303-5,892-3,445370-5,874-5,479-11,512-6,577-4,4606,057382-5,636-2,685-26,876-9,609-3,4367,570-13,784-87,046-17,350-52,478
Cashflow From Financing296.4%22,904-11,659-38,2548,586-7,642-8,769-15,346-10,272-9,805-30,474-12,667-7,210-888-1,688-32,167-17,392-33,07037,29714,07014,47640,622
  Dividend Payments----2,3172,3182,3182,3182,3212,3212,3212,3212,3222,3182,3042,3012,2952,2992,3022,2972,2102,369
  Buy Backs-----------------1,980-10,97238,594-

EBIX Income Statement

2023-09-30
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
[1]
Sep. 30, 2022
[1]
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Operating revenue$ 119,228$ 257,904$ 480,419$ 794,938
Operating expenses:    
Cost of services provided32,658174,265222,894554,438
Product development11,02010,48331,95030,964
Sales and marketing4,9963,97311,90912,249
General and administrative, net43,86934,400117,44693,049
Amortization and depreciation6,1524,42216,06113,660
Total operating expenses98,695227,543400,260704,360
Operating income20,53330,36180,15990,578
Interest income5368186196
Interest expense(28,175)(15,467)(75,052)(37,382)
Non-operating (loss) income(605)(438)(971)(1,580)
Non-operating expense-debt restructuring expenses(4,430)0(8,041)0
Foreign currency exchange gain (loss)2,4094,9283499,051
Income before income taxes(10,215)19,452(3,370)60,863
Income tax (expense) benefit(514)(1,926)(1,301)(6,108)
Net income including noncontrolling interest(10,729)17,526(4,671)54,755
Net loss attributable to noncontrolling interest(433)(724)(1,756)(2,029)
Net income attributable to Ebix, Inc.$ (10,296)$ 18,250$ (2,915)$ 56,784
Basic earnings per common share attributable to Ebix, Inc. (in dollars per share)$ (0.33)$ 0.59$ (0.09)$ 1.85
Diluted earnings per common share attributable to Ebix, Inc. (in dollars per share)$ (0.33)$ 0.59$ (0.09)$ 1.85
Basic weighted average shares outstanding (in shares)30,86630,77730,85430,745
Diluted weighted average shares outstanding (in shares)30,87730,78330,86130,748
[1] Beginning April 1, 2023 Prepaid card revenues are presented on a net basis (based on contractual changes as further described in the “Ebix Cash Exchanges Gift Cards” Section) while periods preceding April 1, 2023 reflect prepaid card revenues on a gross basis. Please see (non- GAAP financials) table with both periods recast on a net basis, for comparison purposes under heading "Condensed Consolidated Statements of Income prepared on Net Basis for Comparative Purposes Only (Non GAAP)".

EBIX Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 71,162$ 110,637
Receivables from service providers8,5234,223
Short-term investments17,52617,438
Restricted cash10,4658,210
Fiduciary funds - restricted1,8352,092
Trade accounts receivable, less allowances of $13,971 and $18,167, respectively156,302154,533
Other current assets93,06887,387
Total current assets358,881384,520
Property and equipment, net53,15452,448
Right-of-use assets7,7209,636
Goodwill879,254881,676
Intangibles, net45,08550,900
Indefinite-lived intangibles16,64716,647
Capitalized software development costs, net16,18415,342
Non Current Accounts receivable, less allowance10,5120
Deferred tax asset, net123,88796,290
Other assets50,66730,096
Total assets1,561,9911,537,555
Current liabilities:  
Accounts payable and accrued liabilities116,08099,194
Payables to service agents31,47911,299
Accrued payroll and related benefits16,53710,651
Working capital facility15,3413,367
Fiduciary funds - restricted1,8352,092
Revolving line of credit444,902449,902
Short-term debt9913,000
Current portion of long term debt and financing lease obligations, net of deferred financing costs of $3,287 and $469, respectively170,502190,866
Contract liabilities40,83232,028
Lease liability2,7393,354
Other current liabilities24,11325,784
Total current liabilities865,351831,537
Revolving line of credit00
Long term debt and financing lease obligations, less current portion, net of deferred financing costs of $0 and $0, respectively47160
Contingent liability for accrued earn-out acquisition consideration2,2852,299
Contract liabilities7,26114,098
Lease liability5,2876,612
Deferred tax liability, net1,1501,150
Other liabilities29,06622,259
Total liabilities910,447878,115
Stockholders’ equity:  
Common stock, $0.10 par value, 220,000,000 shares authorized, 30,899,335 issued and outstanding, at September 30, 2023, and 30,819,533 issued and outstanding at December 31, 20223,0903,082
Additional paid-in capital20,35518,800
Retained earnings811,866814,780
Accumulated other comprehensive loss(224,226)(219,437)
Total Ebix, Inc. stockholders’ equity611,085617,225
Noncontrolling interest40,45942,215
Total stockholders’ equity651,544659,440
Total liabilities and stockholders’ equity1,561,9911,537,555
Preferred Stock  
Stockholders’ equity:  
Preferred stock, $0.10 par value, 500,000 shares authorized, no shares issued and outstanding at September 30, 2023 and December 31, 202200
Series Y Convertible preferred stock  
Stockholders’ equity:  
Series Y Convertible preferred stock, $0.10 par value, 350,000 shares authorized, no shares issued and outstanding at September 30, 2023 and December 31, 2022$ 0$ 0
EBIX
Ebix, Inc., together with its subsidiaries, provides on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, cash remittance, and healthcare industries in the United States and internationally. The company develops and deploys insurance and reinsurance exchanges on an on-demand basis using software-as-a-service (SaaS) enterprise solutions in the areas of customer relationship management, front-end and back-end systems, and outsourced administrative and risk compliance solutions. Its EbixCash exchange related products and services include gift cards; travel exchanges services; money transfer services; foreign exchange and outward remittance services; consumer payment services; and on-demand technology to various providers in the areas of lending, wealth and asset management, and travel. The company's insurance exchanges related products and services include SaaS platform and related services; licensing of software; and professional services comprising setup, customization, training, or consulting. Its risk compliance services cover certificates of insurance creation and tracking; consulting services, such as project management, integration, development, and testing; and business process outsourcing services, including domain intensive project management, system consulting services, and claims adjudication/settlement services. 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.
 CEO
 WEBSITEebix.com
 INDUSTRYSoftware - Apps
 EMPLOYEES10521

Ebix Inc Frequently Asked Questions


What is the ticker symbol for Ebix Inc? What does EBIX stand for in stocks?

EBIX is the stock ticker symbol of Ebix Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ebix Inc (EBIX)?

As of Wed Feb 28 2024, market cap of Ebix Inc is 33.37 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EBIX stock?

You can check EBIX's fair value in chart for subscribers.

What is the fair value of EBIX stock?

You can check EBIX's fair value in chart for subscribers. The fair value of Ebix Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ebix Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EBIX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ebix Inc a good stock to buy?

The fair value guage provides a quick view whether EBIX is over valued or under valued. Whether Ebix Inc is cheap or expensive depends on the assumptions which impact Ebix Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EBIX.

What is Ebix Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Feb 28 2024, EBIX's PE ratio (Price to Earnings) is 6.75 and Price to Sales (PS) ratio is 0.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EBIX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ebix Inc's stock?

In the past 10 years, Ebix Inc has provided -0.226 (multiply by 100 for percentage) rate of return.