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.
A number of analysts gave price targets for EBIX. The highest price target was 84, which equates to a potential upside of 46.09 percent. The minimum price target given was 75, implying potential capital losses of 30.43 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -7.33 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of EBIX to grow at a rate of -4.61 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of EBIX is -4.13.
In the trailing 52-weeks, EBIX hit 65.10 at the highest peak, while it's lowest trading point was 50.17. The current market price is above the trailing year's low by 14.61 percent, and 11.67 percent below the high. EBIX has a price/earnings 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 stock has a market capitalization of $1.81 billion. EBIX's next earnings release will be on 0000-00-00, which is days away.