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.
Several price targets were given for EBIX by the analysts covering the stock. The maximum price target given was 84, implying potential capital gains of 46.09 percent. The minimum price target given was 75, which equates to a potential downside of 30.43 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -7.33 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.91 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. EBIX has a PEG ratio of -4.13.
EBIX has a 52-week high of 65.10 and a 52-week low of 50.17. Today's price is 14.61 percent above the 52-week low, and below the high by 11.67 percent. 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 market cap of EBIX is $1.81 billion. EBIX's next earnings release will be on 0000-00-00, which is days away.