Ebix Stock Rating Lowered by StockNews.com
| EBIXDelisted Stock | USD 27.20 1.04 3.98% |
Slightly above 55% of Ebix's investors are presently thinking to get in. The analysis of current outlook of investing in Ebix Inc suggests that some traders are interested regarding Ebix's prospects. Ebix's investing sentiment can be driven by a variety of factors including economic data, Ebix's earnings reports, geopolitical events, and overall market trends.
Ebix |
Ebix was downgraded by equities research analysts at StockNews.com from a hold rating to a sell rating in a research report issued to clients and investors on Friday. Separately, Craig Hallum dropped their price objective on shares of Ebix from 40.00 to 35.00 in a research note on Thursday, March 16th.
Read at thelincolnianonline.com
 |
Ebix Fundamental Analysis
We analyze Ebix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ebix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ebix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Ebix is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ebix Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ebix stock to make a market-neutral strategy. Peer analysis of Ebix could also be used in its relative valuation, which is a method of valuing Ebix by comparing valuation metrics with similar companies.
Peers
Ebix Related Equities
| BLKB | Blackbaud | 2.69 | ||||
| ENFN | Enfusion | 2.13 | ||||
| ONTF | ON24 | 1.91 | ||||
| PYCR | Paycor HCM | 1.86 | ||||
| ADEA | ADEIA P | 1.32 | ||||
| AZPN | Aspen Technology | 0.64 | ||||
| AGYS | Agilysys | 0.54 | ||||
| ETWO | E2open Parent | 0.32 | ||||
| CVLT | CommVault Systems | 0.11 | ||||
| MANH | Manhattan Associates | 0.68 | ||||
| ALKT | Alkami Technology | 0.73 | ||||
| LAW | CS Disco | 2.30 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in Ebix Stock
If you are still planning to invest in Ebix Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ebix's history and understand the potential risks before investing.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |