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 maximum price target given was 84, implying a possible profit of 46.09 percent. The most pessimistic analyst gave a price target of 75, which equates to a potential downside 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -7.33 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.91 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
EBIX has an estimated earnings growth rate of -4.61 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of EBIX is -4.13.
EBIX has traded between a high of 65.10 and a low of 50.17 over the past year. 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.