(VIANEWS) – Ebix (NASDAQ: EBIX) shares have fallen by 24.31% over 10 sessions, from EUR15.47 on September 11th to EUR11.71 at 9:54 EST on Monday at 9:54, following an downward trend during previous sessions and NASDAQ is currently down 0.094% at EUR13,211.81; it marks four straight losses for this exchange and Ebix last closing price was EUR11.60 which is 64.71% below its 52-week high of EUR32.87
About Ebix
Ebix, Inc. is an industry-leading provider of on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, cash remittance and healthcare industries. The company provides an array of SaaS enterprise solutions, such as customer relationship management (CRM), front-end and back-end systems, administrative risk compliance solutions and outsourced administrative administrative processes. EbixCash exchange products and services include gift cards, travel exchanges, money transfer services, foreign exchange rates, consumer payment technology as well as lending wealth and asset management solutions. In addition, insurance exchanges from EbixCash provide software licensing arrangements and professional services. Ebix provides risk compliance services such as certificate creation and tracking, consulting services, and business process outsourcing. Established in 1976 and headquartered in Johns Creek, Georgia; previously known as Delphi Systems before changing in 2003 to Ebix Inc.
Yearly Analysis
Based on available data, Ebix stock is currently valued at EUR11.71 – significantly lower than its 52-week high of EUR32.87 but higher than its 52-week low of EUR10.75. This suggests a significant decline in value over the past year.
Ebix anticipates experiencing negative sales growth of 41.5% this year and 11.4% the following year – meaning its revenue should decrease over this timeframe.
Ebix currently boasts an EBITDA figure of 1.05. While this number lacks context, EBITDA serves as a measure of profitability and efficiency; without additional information available it would be difficult to provide an in-depth analysis of Ebix’s EBITDA.
Overall, investors should exercise caution when considering an investment in Ebix due to its dismal sales growth projection and low stock valuation. Nonetheless, it might be worthwhile undertaking further investigation of its financial performance and any factors which might sway its stock price before reaching any definitive decision.
Technical Analysis
Ebix Inc. (EBIX) stock prices have experienced an ongoing downward trend, as evidenced by its current price significantly undercutting both its 50-day and 200-day moving averages. Furthermore, last reported volume is 74.86% below its average volume of 704,141; suggesting less trading activity.
Ebix has experienced negative weekly, monthly, and quarterly intraday variation averages for intraday variations over the past five quarters, with its maximum average volatility reaching 3.75% for last week, 3.03% for last month, and 5.17% for last quarter.
According to the stochastic oscillator, Ebix stock is currently considered overbought (>=80), signalling it may be due for a corrective pullback.
Overall, Ebix’s current state indicates a possible correction within the next several days and traders should exercise extreme caution when making investment decisions.
Quarter Analysis
According to Ebix’s current financial situation, with negative sales growth and revenue decrease, it appears to be quite challenging.
Sales Growth Ebix has experienced negative 40% sales growth this quarter compared to its prior quarter and an expected negative 49.3% decline for next quarter’s estimate growth estimate suggests sales will likely continue to decrease going forward. Investors should be concerned by this trend, which suggests the company may be struggling to generate revenue. Furthermore, the negative 88.1% growth estimate for the current quarter indicates sales could decrease drastically within an immediate time frame. A negative 38.5% growth estimate for the next quarter indicates less drastic sales decline, yet still signifies significant loss. These estimates suggest that Ebix may be experiencing difficulties in terms of revenue generation, which could impede its financial performance and growth prospects. Ebix’s year-on-year quarterly revenue growth of 52.8% represents an important dip from its prior performance. Revenue at the company for the twelve trailing months stands at an alarming $874.3M figure, raising concerns among investors. An erosion in revenue could threaten Ebix’s profitability and ability to invest in future growth opportunities, so investors should carefully evaluate this data when making investment decisions.
Equity Analysis
Ebix appears to be an attractive company with a sustainable dividend yield of 2.56%, which appears to reflect their historical performance and is relatively low compared to industry norms. The company’s trailing 12-month earnings per share (EPS) figure of EUR1.09 indicates it is generating consistent profits, and its PE ratio of 10.74 suggests it may be undervalued relative to its peers. Ebix appears to be an attractive investment opportunity with its return on equity of 4.64%, showing that its shareholders’ equity is being utilized efficiently to generate profits. Overall, Ebix appears to be an appealing opportunity for those searching for a stable yet undervalued company with proven profits; however, additional research must be performed prior to making any definitive investment decisions.
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