We Discuss the Software Companies That Are The Next Big Movers On Wall Street
All Software stock were identified using the Simple Investing Success stock screener, which scans for companies meeting our simple criteria of cheap and good, using simple metrics for discount and valuation.
Software Stocks to Watch On Wall Street
Let’s take a closer look at each company.
Teradata Corp. (TDC)
- Earnings Yield: 10.78
- 52-week range: $17.99 – $59.57
- Analyst Price target: $71.22
- Price/Free Cash Flow: 14.58
- Price/Sales: 3.27
- Price/Earnings: 64.44
Teradata Corporation operates as a hybrid cloud analytics software provider, offering software, hardware, and related business consulting and support services to deliver analytics through Teradata Vantage, a data warehouse and analytics platform. Its business consulting services include consulting services for organizations as well as support and maintenance services.
The company serves the following industries: financial services, government, healthcare, manufacturing, retail, telecommunications, and travel/transportation. Teradata supports companies in the Americas, Europe, the Middle East and other countries worldwide. It primarily sells and markets its products and services through a direct sales force.
Teradata was founded in 1979 and is headquartered in San Diego, California. The current CEO is Steve McMillan.
The YTD performance for TDC is 161.68%.
Ebix Inc. (EBIX)
- Earnings Yield: 8.55%
- 52-week range: $17.83 – $64.14
- Analyst Price target: $51.09
- Price/Free Cash Flow: 20.31
- Price/Sales: 1.07
- Price/Earnings: 11.87
Ebix provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries in the US and internationally. The company develops and deploys insurance and reinsurance exchanges, provides Software-as-a-Service (SaaS) enterprise solutions for customer relationship management and offers outsourced administrative and risk compliance solutions.
Ebix operates P&C exchanges primarily in Australia, New Zealand, the United Kingdom, and the United States, which facilitate the exchange of insurance data between brokers and insurance carriers with a focus on the areas of personal and commercial lines.
Ebix was formerly known as Delphi Systems and changed its name to Ebix in 2003. It was founded in 1976 and is headquartered in Johns Creek, Georgia. The current CEO is Robin Raina.
The YTD performance for EBIX is -17.65%.
Zedge Inc. (ZDGE)
- Earnings Yield: 11.02%
- 52-week range: $2.21 – 19.90
- Analyst Price target: $21.17
- Price/Free Cash Flow: 25.94
- Price/Sales: 11.60
- Price/Earnings: 31.70
Zedge operates a digital publishing and content platform worldwide. Its platform enables consumers to personalize their mobile devices with ringtones, wallpapers, home screen app icons, widgets, and notification sounds. The company was incorporated in 2008 and is based in New York, New York. The current CEO is Jonathan Reich.
The YTD performance for ZDGE is 122.52%.
We hope you enjoyed this list of the next big movers amongst Software stocks. Be sure to add these picks to your Watch List and if you haven’t done so already, check in on the performance of our Current Portfolio. Keep it simple and always do your due diligence.
This material is provided for informational purposes only and is not financial advice. The information contained herein should not solely be used for the formation of an investment decision, whether you are a long term or short term investor.