Ebix (EBIX) Receives Daily News Impact Rating of 0.12
News headlines about Ebix (NASDAQ:EBIX) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ebix earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.6813147074718 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- LifeMark Partners Selects Assurance’s New Proposal Visualization Platform (prnewswire.com)
- Reading Between The Lines on Ebix Inc (EBIX) – Hayden Business Journal (haydenbusinessjournal.com)
- Investors Peering into the Details on Ebix Inc (EBIX) – Sheridan Daily (sheridandaily.com)
- Ebix, Inc. (NASDAQ:EBIX) Experiences Light Trading Volume – Modern Readers (modernreaders.com)
- Examining Indicator Levels for Ebix Inc (EBIX) – Wall Street Review (thewallstreetreview.com)
Ebix (NASDAQ EBIX) traded up 0.88% on Monday, reaching $57.30. 6,450 shares of the company traded hands. The stock has a 50-day moving average of $57.61 and a 200 day moving average of $58.23. Ebix has a 52-week low of $52.38 and a 52-week high of $65.10. The company has a market capitalization of $1.80 billion, a PE ratio of 18.66 and a beta of 1.75.
Ebix (NASDAQ:EBIX) last issued its quarterly earnings data on Tuesday, August 8th. The technology company reported $0.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.07. The business had revenue of $87.39 million during the quarter, compared to the consensus estimate of $81.35 million. Ebix had a net margin of 30.69% and a return on equity of 22.02%. On average, equities analysts forecast that Ebix will post $3.01 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.53%. The ex-dividend date is Tuesday, August 29th. Ebix’s payout ratio is 9.77%.
Several research firms recently weighed in on EBIX. Zacks Investment Research upgraded shares of Ebix from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BidaskClub upgraded shares of Ebix from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th.
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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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