Do Analysts Agree Tuesday on Ebix Inc (EBIX) Stock's Target Price?

Tuesday, December 26, 2023 09:58 AM | InvestorsObserver Analysts

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Do Analysts Agree Tuesday on Ebix Inc (EBIX) Stock's Target Price?

Analysts who follow Ebix Inc (EBIX) on average expect it to increase 2464.10% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns the stock an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating EBIX a Hold today. Find out what this means to you and get the rest of the rankings on EBIX!

See Full EBIX Report

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Ebix Inc Stock Today?

Ebix Inc (EBIX) stock has fallen -2.01% while the S&P 500 has gained 0.2% as of 9:58 AM on Tuesday, Dec 26. EBIX is down -$0.04 from the previous closing price of $1.99 on volume of 288,156 shares. Over the past year the S&P 500 is up 24.42% while EBIX is down -90.02%. EBIX earned $0.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.11. Click Here to get the full Stock Report for Ebix Inc stock.