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How to buy Ebix (EBIX) stocks in Canada

Learn how to easily invest in Ebix stocks.

Ebix Inc
NASDAQ: EBIX - USD
$29.88
+ $0.14 ( + 0.48%)
SOFTWARE-APPLICATION

Ebix is a software-application business based in the US. Ebix stocks (EBIX.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $34.86 – a decrease of 7% over the previous week. Ebix employs 9,802 staff and has a trailing 12-month revenue of around $950.2 million.

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 2022-01-18.
Latest market close$29.74
52-week range$22.22 - $63.46
50-day moving average $32.47
200-day moving average $30.75
Wall St. target price$57.50
PE ratio 13.3475
Dividend yield $0.3 (0.94%)
Earnings per share (TTM) $2.36

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Note: The dollar amounts in the table below are in Canadian dollars.

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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.

Ebix price performance over time

Historical closes compared with the close of $29.74 from 2022-01-21

1 week (2022-01-14) -7.00%
1 month (2021-12-23) -3.54%
3 months (2021-10-22) -4.89%
6 months (2021-07-23) 0.95%
1 year (2021-01-22) -34.82%
2 years (2020-01-24) -16.55%
3 years (2019-01-24) 52.74
5 years (2017-01-24) 56.85

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 13x. In other words, Ebix shares trade at around 13x 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 $135.9 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 $950.2 million
Operating margin TTM 12.7%
Gross profit TTM $282.3 million
Return on assets TTM 4.87%
Return on equity TTM 10.35%
Profit margin 7.6%
Book value $21.06
Market capitalisation $974.7 million

TTM: trailing 12 months

Ebix share dividends

12%

Dividend payout ratio: 12.05% of net profits

Recently Ebix has paid out, on average, around 12.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.94% 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 0.94% 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 15 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2021 (the "ex-dividend date").

Have Ebix's shares ever split?

Ebix's shares were split on a 3:1 basis on 5 January 2010. 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 $22.2195 up to $63.4559. 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 2.7025. 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.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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