Ebix Inc. (EBIX) reported fourth quarter EPS of $0.45 before the opening bell Friday, compared to the consensus estimate of $0.39. Revenues increased 19.3% from last year to $60.6 million. Analysts expected revenues of $52.85 million. The stock is currently up 0.04% to $25.62.
For full fiscal year of 2014, the company reported net income of $63.6 million, or $1.67 per share, up 9% yoy. Revenue was reported as $214.3 million, an increase of 5% from the prior year revenue of $204.7 million. Operating cash flow totaled $58.5 million.
On valuation measures, Ebix Inc. shares, which currently have an average 3-month trading volume of 381,392.00 shares, trade at a trailing-12 P/E of 15.91, a forward P/E of 15.71 and a P/E to growth ratio of 1.52. The median Wall Street price target on the name is $23.00 with a high target of $25.00. Currently ticker has 1 ‘Buy’ endorsement, compared to no ’Holds’ and 1 ‘Sell’.
Profitability-wise, EBIX has a t-12 profit and operating margin of 30.44% and 34.16%, respectively. The $939.30 million market cap company reported $122 million in cash in its most recent quarter.
EBIX currently prints a one year return of 50.56% and a year-to-date return of around 51%.
The chart below shows where the equity has traded over the last 52 weeks.
Ebix, Inc. is a software and e-commerce solutions provider to the insurance industry. The company was founded in 1976 and is headquartered in Atlanta, Georgia.