9. Ebix (EBIX - Get Report) is an international supplier of software and e-commerce solutions to the insurance industry. The company operates in four segments: exchanges, carrier systems, broker systems, and business process outsourcing.
For fourth quarter of 2010, cash generated from operations was $18.9 million, up 61% from the fourth quarter of 2009. For the full year, operating cash flow totaled $52.8 million, up 56% year-over-year. Subsequently, cash and cash equivalents soared 21.7% to $23.4 million from $19.2 million. Moreover, free cash flow stood at $51 million, while FCF yield was 6.2%.
Full year revenue surged 35.3% to $132.2 million from $97.7 million a year earlier, while net income increased 52% to $59 million, or $1.51 per share, from $38.8 million, or $1.03 per share, in 2009.Of the five analysts covering the stock, 80% recommend a buy. On average, analysts estimate 28.3% upside to $29.50 in value from current levels. The stock has appreciated 43% in the last one year and is trading at a PE of 15.6