News articles about Ebix (NASDAQ:EBIX) have been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ebix earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.6813147074718 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
- ItzCash’s parent firm Ebix Inc has been recognised fastest growing company globally by Fortune – Business Standard (business-standard.com)
- Fortune names ItzCash’s parent firm Ebix as fastest growing company globally (voicendata.com)
- Ebix : ItzCash’s parent firm Ebix Inc has been recognised fastest growing company globally by Fortune (4-traders.com)
- ItzCash’s parent firm Ebix Inc has been recognised fastest growing company globally by Fortune – India.com (india.com)
- Ebix Named in Fortune’s 2017 100 Fastest-Growing Companies – Marketwired (press release) (marketwired.com)
Several research analysts have recently issued reports on the company. BidaskClub raised Ebix from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Zacks Investment Research upgraded Ebix from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 11th.
Ebix (NASDAQ:EBIX) traded up 0.26% during mid-day trading on Monday, hitting $58.65. The company had a trading volume of 15,993 shares. The firm has a market capitalization of $1.84 billion, a PE ratio of 19.10 and a beta of 1.75. The company has a 50 day moving average of $57.81 and a 200 day moving average of $58.19. Ebix has a 1-year low of $52.40 and a 1-year high of $65.10.
Ebix (NASDAQ:EBIX) last posted its quarterly earnings results on Tuesday, August 8th. The technology company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.67 by $0.07. The company had revenue of $87.39 million for the quarter, compared to analyst estimates of $81.35 million. Ebix had a net margin of 30.69% and a return on equity of 22.02%. Analysts predict that Ebix will post $3.01 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were paid a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $0.30 annualized dividend and a dividend yield of 0.51%. Ebix’s dividend payout ratio (DPR) is 9.77%.
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Ebix Company Profile
Ebix, Inc (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS).
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