Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Ebix stock | $27.4

Learn how to easily invest in Ebix stock.

Ebix, Inc is a software-application business based in the US. Ebix shares (EBIX) are listed on the NASDAQ and all prices are listed in US Dollars. Ebix employs 9,802 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Ebix

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – EBIX – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Ebix stock price (NASDAQ: EBIX)

Use our graph to track the performance of EBIX stocks over time.

Ebix shares at a glance

Information last updated 2021-07-23.
Latest market close$27.40
52-week range$17.76 - $62.58
50-day moving average $32.97
200-day moving average $34.30
Wall St. target price$57.75
PE ratio 10.1237
Dividend yield $0.3 (1%)
Earnings per share (TTM) $2.91

Buy Ebix shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Ebix stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Ebix price performance over time

Historical closes compared with the close of $27.4 from 2021-05-28

1 week (2021-07-18) N/A
1 month (2021-06-29) -20.63%
3 months (2021-04-29) -15.85%
6 months (2021-01-25) N/A
1 year (2020-07-25) N/A
2 years (2019-07-25) N/A
3 years (2018-07-25) N/A
5 years (2016-07-25) N/A

Is Ebix under- or over-valued?

Valuing Ebix stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ebix's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Ebix's P/E ratio

Ebix's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Ebix shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Ebix's PEG ratio

Ebix's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.16. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ebix's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Ebix's EBITDA

Ebix's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $139.6 million.

The EBITDA is a measure of a Ebix's overall financial performance and is widely used to measure a its profitability.

Ebix financials

Revenue TTM $777.8 million
Operating margin TTM 16.17%
Gross profit TTM $282.3 million
Return on assets TTM 5.12%
Return on equity TTM 13.73%
Profit margin 11.47%
Book value $20.61
Market capitalisation $911.5 million

TTM: trailing 12 months

Shorting Ebix shares

There are currently 3.6 million Ebix shares held short by investors – that's known as Ebix's "short interest". This figure is 11.4% down from 4.0 million last month.

There are a few different ways that this level of interest in shorting Ebix shares can be evaluated.

Ebix's "short interest ratio" (SIR)

Ebix's "short interest ratio" (SIR) is the quantity of Ebix shares currently shorted divided by the average quantity of Ebix shares traded daily (recently around 389164.33260394). Ebix's SIR currently stands at 9.14. In other words for every 100,000 Ebix shares traded daily on the market, roughly 9140 shares are currently held short.

However Ebix's short interest can also be evaluated against the total number of Ebix shares, or, against the total number of tradable Ebix shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ebix's short interest could be expressed as 0.12% of the outstanding shares (for every 100,000 Ebix shares in existence, roughly 120 shares are currently held short) or 0.1506% of the tradable shares (for every 100,000 tradable Ebix shares, roughly 151 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Ebix.

Find out more about how you can short Ebix stock.

Ebix share dividends

10%

Dividend payout ratio: 9.87% of net profits

Recently Ebix has paid out, on average, around 9.87% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ebix shareholders could enjoy a 1% return on their shares, in the form of dividend payments. In Ebix's case, that would currently equate to about $0.3 per share.

While Ebix's payout ratio might seem low, this can signify that Ebix is investing more in its future growth.

Ebix's most recent dividend payout was on 14 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 May 2021 (the "ex-dividend date").

Have Ebix's shares ever split?

Ebix's shares were split on a 3:1 basis on 31 July 2016. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Ebix shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Ebix shares which in turn could have impacted Ebix's share price.

Ebix share price volatility

Over the last 12 months, Ebix's shares have ranged in value from as little as $17.7595 up to $62.5833. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Ebix's is 2.7421. This would suggest that Ebix's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Ebix overview

Ebix, Inc. , together with its subsidiaries, provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries in the United States and internationally. It develops and deploys insurance and reinsurance exchanges; provides Software-as-a-Service (SaaS) enterprise solutions in the area of customer relationship management, and front-end and back-end systems; and offers outsourced administrative and risk compliance solutions. The company operates P&C exchanges primarily in Australia, New Zealand, the United Kingdom, and the United States, which facilitates the exchange of insurance data between brokers and insurance carriers with a focus on the areas of personal and commercial lines. Its exchange related products and services include travel exchanges and money transfer services; foreign exchange and outward remittance services; payment services; gift cards for consumers that can be redeemed at various merchants; and technology services for various providers in the areas of lending, wealth and asset management, and travel. The company's insurance exchanges related products and services include SaaS platform and related services; licensing of software; and professional services comprising setting up, customization, training, or consulting. Its risk compliance services cover and certificates of insurance creation and tracking; consulting services comprising project management and development; and business process outsourcing services, including domain intensive project management, system consulting services, and claims adjudication/settlement services.

Frequently asked questions

What percentage of Ebix is owned by insiders or institutions?
Currently 23.636% of Ebix shares are held by insiders and 72.163% by institutions.
How many people work for Ebix?
Latest data suggests 9,802 work at Ebix.
When does the fiscal year end for Ebix?
Ebix's fiscal year ends in December.
Where is Ebix based?
Ebix's address is: 1 Ebix Way, Johns Creek, GA, United States, 30097
What is Ebix's ISIN number?
Ebix's international securities identification number is: US2787152063
What is Ebix's CUSIP number?
Ebix's Committee on Uniform Securities Identification Procedures number is: 247171101

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site