Ebix

  • Market Overraction on This Insurance Software Solution Company

    By Anh HOANG - June 25, 2013 | Tickers: EBIX, HPQ, SLH

    Ebix (NASDAQ: EBIX) has fallen off a clip, dropping significantly from nearly $20 per share to only $9.50 per share within just two days. The free fall was mainly due to the termination of Goldman Sachs affiliate, caused by the letter of the U.S. Attorney for the Northern District of Georgia investigating the allegations of intentional misconduct to falsify the company’s financial statements and SEC filings. Should more »

  • Goldman Aquires This Company At An Attractive Valuation

    By Mike Thiessen - May 15, 2013 | Tickers: EBIX, GS

    Goldman Sachs (NYSE: GS) announced a takeover bid for Ebix (NASDAQ: EBIX) to take the company private for $20 per share, close to a 10% premium to the closing price the prior day. Ebix has faced scrutiny for their accounting practices and was called a “house of cards” in a blog report on the firm that spurred an investigation. The company was discussed in an earlier post on this website more »

  • Is All The Bad News Priced In Yet?

    By Mike Thiessen - April 5, 2013 | Tickers: EBIX, SLH

    Ebix (NASDAQ: EBIX) is a software and ecommerce provider to the insurance industry.  Shares of the company jumped after it reported earnings earlier this month but quickly declined to prior levels the following day.  The stock is up slightly since then.  It has good margins a relatively low TTM P/E of 9.2x.  Revenue in 4Q12 was in line with consensus estimates at $54 million and earnings came in more »

  • Is All The Bad News Priced In Yet?

    By Mike Thiessen - April 2, 2013 | Tickers: EBIX, SLH

    Ebix (NASDAQ: EBIX) is a software and ecommerce provider to the insurance industry.  Shares of the company jumped after it reported earnings earlier this month but quickly declined to prior levels the following day.  The stock is up slightly since then.  It has good margins a relatively low TTM P/E of 9.2x.  Revenue in 4Q12 was in line with consensus estimates at $54 million and earnings came in more »

  • Assessing Earnings and Upside Potential for Thursday’s Movers

    By Brian Nichols - March 18, 2013 | Tickers: EBIX, SIGM, MW

    Knowing how to react when a stock shoots higher after earnings is one of the more common questions I receive as it relates to individual stocks. Sometimes post-earning reactions create opportunity, and other times they do not. In this piece I am looking at three stocks that saw great movement on Thursday, and I am determining if the reaction was worthy of the fundamentals.

    Oversold Stock with Low Expectations Creates more »

  • Don't Believe Everything You Read

    By Shaun Geer - March 13, 2013 | Tickers: BDBD, EBIX, LINE

    When I think of stock manipulation, I normally think of the late 90s, when the internet and AOL was just getting into peoples homes. At this time, the public was unaware of the schemes of many pump and dump scam artists touting their penny stocks. Yet, apparently, the internet does not catch on, even after over a decade. There have been a few articles recently, often by anonymous authors with more »

  • Wait...did I just hear a Bear? Shhh.. Patience, then the Bear is our friend.

    By Charlie Wagner - February 26, 2013 | Tickers: DDD, AAPL, EBIX, F

    As the market appears to stall out and some of my target stocks move closer to rational buy zones, I hear growling and thrashing out in those woods.  I like to think of stalking fat lunkers in what used to be a crowded stream in Bear Country as my analogy for this market.  It amuses me to picture some unwary fisherman angling for 3D Systems (NYSE: DDD) just as the more »

  • Ebix, Enron, Ethereal and Exposed

    By Charlie Wagner - February 22, 2013 | Tickers: AAPL, EBIX, F, INTC

    I look for stampedes these days.   After a profitable post-stampede watch and wait session with Apple (NASDAQ: AAPL) followed by a near miss recently as APPL stopped short of my $440/sh limit, I saw another with Ebix (NASDAQ: EBIX) just recently.  This market, still in Bear Country in my view, seems tailor made for individual stock panics driven by at best nothing, and at worst goofy reverse logic.  APPLE more »

  • 5 Small Cap Stocks That Are Undervalued Today

    By Brian Shaw - February 18, 2013 | Tickers: AMED, BBSI, EBIX, SAFT

    With the market at five-year highs, investors are beginning to wonder if there are any good deals left in the market. As is always the case, the answer is "yes," although it might take a little bit of digging. One popular approach to finding undervalued companies is stock screening, which helps filter the thousands of public companies down to a few that fit a set of particular criteria. With the more »

  • Profiting Sideways, With the Dow at 14k

    By Adem Tahiri - February 15, 2013 | Tickers: CROX, EBIX, EPAM, SHOO

    With the stock market near all-time highs, many investors are getting defensive and buying large high yielding stocks in fear of a sell-off. This strategy makes sense, but how can you be sure the market will come to its senses?

    Mr. Market certainly didn’t sell-off in the face of the “fiscal cliff” and with the Fed determined to kill bond yields, this market may just stay sideways for a more »

  • Which Cloud Companies Might Be Bought Next?

    By Dana Blankenhorn - February 14, 2013 | Tickers: ATHN, EBIX, SAP, TIBX, WDAY

    One of the more interesting data points to emerge from 2012 is that “the cloud” dominated merger activity during the year. 

    Some of the biggest deals involved cloud applications that could be sold to enterprises, specifically Oracle's purchase of Taleo and IBM's purchase of Kenexa.

    Obviously there remains a big appetite for cloud applications. So who might be the next to go?

    Workday

    Workday (NYSE: WDAY) only went more »

  • 3 Unloved Small-Caps to Consider Today

    By Joseph Harry - February 14, 2013 | Tickers: EBIX, PETS, QLGC

    Companies with small market capitalizations are less visible and usually less known than large to mid caps, and thus a disconnect between the market and a small-cap company's valuation often occurs. They are also less frequently traded than most of the bigger well-knowns and blue-chips, which often contributes to the lack of analyst coverage and news available in relation to many small-cap companies. Small-caps also often carry much higher more »

  • How Short Attacks Rob Investors

    By Danny Vena - December 31, 2012 | Tickers: CRVL, EBIX, ISRG

    Investopedia indicates that short selling is a technique used when an investor is sure a stock is going to decline and wants to profit from the decline.  A short attack is more neferious.

    Any seasoned investor is likely familiar with a short attack: a report based on bits of truth, wrapped it in fear and innuendo, and bathed in unsubstantiated statements presented as facts. The attacker presents this dubious information more »

  • Can Software Stocks Be Safe Harbors?

    By Chris Hodge - December 27, 2012 | Tickers: DOX, ADP, CVG, EBIX

    What comes to your mind when you think of business software companies? I'd be willing to bet it isn't "blue chip-level safety." Everybody knows that software is flighty and that today's big fads tend to be tomorrow's faded memories as technology continually proves Moore's Law again and again. However, business technology may have an edge.

    Businesses tend to be a bit more into stability than more »

  • Are These Business Software Companies a Good Deal?

    By Chris Hodge - December 26, 2012 | Tickers: DOX, BLKB, CVG, EBIX

    As every Fool knows, a great company is a sweet thing to own (and not possessed of all the calories from the holiday season). But having a great company in your portfolio isn't enough -- it also has to be a great deal when you buy it to make the purchase worthwhile. I'd compare it to your ride in that even though your wheels might be amazing, if they more »

  • The Ebix Shorts Are Wrong, but That Doesn't Mean Ebix is a Definite Winner

    By Jason Hall - December 7, 2012 | Tickers: DDD, EBIX, XRX

    Ebix (NASDAQ: EBIX) has been the subject of attacks from short-sellers for well over a year, with the most recent salvo being fired by "Copperfield Research" on their Seeking Alpha"Instablog." Copperfield Research is a pseudonym to protect the author from "danger of retaliation from company management."

    I call that nonsense, and disingenuous at best. 

    It's more of a vehicle to help the author avoid accountability for their actions more »

  • EBIX: How to Play the "Rumors" of SEC Investigation

    By Brian Nichols - November 5, 2012 | Tickers: EBIX, QCOR

    Shares of technology company Ebix (NASDAQ: EBIX) was under pressure on Monday following news that its accounting practices were to be probed by the SEC. The stock reached $15.2 loss of more than 30%, but then recovered throughout the day. The company has since responded to the Bloomberg article, therefore leaving the question of how to play the news.

    Allegations

    According to a Bloomberg article published on Monday morning more »

  • Ebix Earnings – Behind The Headlines

    By Chad Henage - May 15, 2012 | Tickers: EBIX, SAPE

    The best way I can explain Ebix (NASDAQ: EBIX) is, if your insurance company needs to get a transaction done, Ebix helps them do it. The company is a leading supplier of on-demand and e-commerce services for the insurance industry. As thousands of partners grow their business, Ebix grows as well. With the company's recent earnings report we get a look into how the company is doing, and this also gives us a decent proxy for how the insurance industry is doing as well.

  • Ebix Up 70%+ in 4 Months – and Still Undervalued

    By Chad Henage - January 25, 2012 | Tickers: EBIX

    Ebix (NASDAQ: EBIX) is a company that has been targeted by short sellers for multiple months. The company makes acquisitions and there have been rumors about the accounting of these acquisitions not being completely above board. That being said there isn't any real evidence of such, just speculation and short seller's hopes. Here is the problem if you are betting against Ebix. The stock is up over 70% in the last 4 months. The stock hit a short term low of about $14 in October '11 and today's price is $24.07. The fair value on this stock is more like $35 or more. 

  • What is Happening With Ebix's Top Line?

    By Eric Lumsden - January 12, 2012 | Tickers: EBIX, XRX

    Ebix (NASDAQ: EBIX) is on fire.  The stock is up 47% this quarter.  In addition, management retired a full 4% of the float through buybacks, and paid a dividend out of $0.04 per share. The dividend comes out to a yield of 0.18%, which means it’s more like the sprinkles on top of the capital appreciation and share buyback sundae.  That does not mean it’s not more »