Ebix (EBIX) Scheduled to Post Earnings on Thursday

Ebix (NASDAQ:EBIX) will post its quarterly earnings results before the market opens on Thursday, August 8th. Individual interested in listening to the company’s earnings conference call can do so using this link.

Ebix (NASDAQ:EBIX) last released its quarterly earnings data on Thursday, May 9th. The technology company reported $1.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.09. The firm had revenue of $142.90 million for the quarter, compared to analyst estimates of $139.32 million. Ebix had a net margin of 17.40% and a return on equity of 22.37%. The business’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.83 earnings per share.

Shares of NASDAQ:EBIX traded down $0.91 during midday trading on Tuesday, reaching $40.09. The company’s stock had a trading volume of 5,306 shares, compared to its average volume of 333,399. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 10.82 and a beta of 1.47. Ebix has a twelve month low of $39.27 and a twelve month high of $89.10. The firm has a fifty day moving average price of $46.99. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.46 and a quick ratio of 1.46.

A number of analysts have recently weighed in on the stock. TheStreet lowered shares of Ebix from a “c+” rating to a “f” rating in a research note on Thursday, July 18th. Maxim Group reiterated a “buy” rating on shares of Ebix in a research note on Thursday, May 9th. Finally, BidaskClub raised shares of Ebix from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Ebix presently has an average rating of “Hold” and an average target price of $42.30.

Ebix Company Profile

Ebix, Inc provides software and e-commerce solutions to insurance, finance, healthcare, and e-learning industries. It offers software development, customization, and consulting services to various entities in the insurance industry, including carriers, brokers, exchanges, and standard making bodies. The company operates data exchanges in the areas of finance, travel, life insurance, annuities, employee health benefits, risk management, workers compensation, insurance underwriting, and property and casualty (P&C) insurance.

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Earnings History for Ebix (NASDAQ:EBIX)

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