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, implying a possible profit of 46.09 percent. The lowest price target was 75, implying potential capital losses of 30.43 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.
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, compared to 0 analysts that revised their FY estimates downwards.
EBIX has an estimated earnings growth rate of -4.61 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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.
EBIX has traded between a high of 65.10 and a low of 50.17 over the past year. The current market price is above the trailing year's low by 14.61 percent, and 11.67 percent lower than its 52-week 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.