Analyst Ratings for Ebix Inc. (EBIX)Updated: 2017-07-27
Shares of Ebix Inc. (NASDAQ:EBIX) have received a consensus rating of Buy from Wall Street analysts. Last month, EBIX received an average rating of Buy.
A buy rating was issued by 2 analysts, 0 gave an overweight rating, 0 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for EBIX. The most optimistic analyst gave a price target of 84, implying a possible profit of 46.09 percent. The minimum price target given was 75, implying potential capital losses of 30.43 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -7.33 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.91 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of EBIX to grow at a rate of -4.61 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. EBIX has a PEG ratio of -4.13.
In the last 52-weeks, EBIX has achieved a high of 65.10 and a low of 50.17. Today's price is 14.61 percent above the 52-week low, and 11.67 percent below the high. EBIX has a P/E ratio of 19.03. Investors typically compare the P/E ratio to a company's peers in the industry. The EBIX value stock report compares EBIX to some of its peers using value stock charts. The market cap of EBIX is $1.81 billion. EBIX's next earnings release will be on 0000-00-00, which is days away.