Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a “Good” company can end up hurting your investment performance a great deal. Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio. Over the coming days, this site will evaluate each stock on the Watch List.
| Company name | Ebix, Inc. |
| Stock ticker | EBIX |
| Live stock price | [stckqut]EBIX[/stckqut] |
| P/E compared to competitors | Good |
| Employee productivity | Good |
| Sales growth | Good |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Good |
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $42.22 |
| Target stock price (averages with growth) | $54.26 |
| Target stock price (averages with no growth) | $33.71 |
| Target stock price (manual assumptions) | $39.7 |
The following company description is from Google Finance: http://www.google.com/finance?q=ebix
Ebix, Inc. (Ebix) is an international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries. The Company operates in four segments: Exchanges, Carrier Systems, Broker Systems and Business Process Outsourcing. Effective October 1, 2009, Ebix acquired E-Z Data, Inc. (E-Z Data). Effective October 1, 2009, the Company acquired Peak Performance Solutions, Inc. (Peak). Effective May 1, 2009, Ebix acquired Facts, Inc. (Facts). In May 2010, the Company acquired Connective Technologies, Inc. In February 2011, the Company announced the closing of the merger of A.D.A.M., Inc. with a wholly owned subsidiary of Ebix.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.