Ebix, Inc. (EBIX) Social Stream
Featured Post From StockTwits About EBIX
$EBIX Tide may be turning finally! RR has to and will deliverbombaywala46, published August 10, 2021
From CH notes:
Ebix has faced the absolute perfect storm and is poised to come out the other side in great shape and ready for material reacceleration. In addition, the EbixCash IPO in India scheduled for Jan/Feb’22 has a credible path to a $3B+ valuation, which would value the
Indian/EbixCash business alone at ~$100/share, not counting the US business which we believe is worth over $50/share based on
comparables. Notably, the underpinnings of the US business are now the best we’ve seen in many years. While not visible on the P&L as a result of many, many COVID and other related unusuals, we believe the business is making great strides. Delayed gratification has been the tagline for Ebix over the past few years and we see that as about to change. We are maintaining our Buy rating and $75 price target.