Zix Corporation provides email encryption, threat protection, archiving, bring-your-own-device security, and data loss prevention solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States. The company offers Zix Email Encryption that allows an enterprise to use policy-driven rules to determine email messages that should be sent securely to comply with regulations or company-defined policies. It a0lso provides ZixDirectory, an email encryption community to share identities; Best Method of Delivery, a protocol that automatically determines means of delivery based on the sender's and recipient's communications environment and preferences; and ZixEncrypt, which automatically encrypts and decrypts messages with sensitive content. In addition, the company offers ZixProtect that defends organizations from zero-day malware, ransomware, phishing, CEO fraud, W-2 phishing attacks, spam, and viruses in email; and ZixArchive, a cloud-based email retention solution that enables user retrieval, compliance, and e-discovery. Further, it provides ZixOne, a mobile email app, which offers access to corporate email while never allowing that data to be persistently stored on the device where it is vulnerable to loss or theft. Zix Corporation offers its services through a direct sales force; and a network of resellers and other distribution partners. It has strategic partnership with Digital Guardian to deliver email encryption with enterprise data loss prevention. The company was formerly known as ZixIt Corporation and changed its name to Zix Corporation in 2002. Zix Corporation was founded in 1983 and is headquartered in Dallas, Texas.
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone214-370-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$65.66 million
Profitability
Miscellaneous
Employees233
OptionableOptionable
ZIX (NASDAQ:ZIXI) Frequently Asked Questions
What is ZIX's stock symbol?
ZIX trades on the NASDAQ under the ticker symbol "ZIXI."
How will ZIX's stock buyback program work?
ZIX declared that its Board of Directors has initiated a share buyback program on Sunday, June 4th 2017, which permits the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.
How were ZIX's earnings last quarter?
Zix Co. (NASDAQ:ZIXI) announced its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. The software maker had revenue of $17.90 million for the quarter, compared to the consensus estimate of $17.73 million. ZIX had a negative net margin of 9.72% and a positive return on equity of 12.33%. The company's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $0.07 EPS. View ZIX's Earnings History.
When is ZIX's next earnings date?
What price target have analysts set for ZIXI?
3 brokerages have issued 12 month price targets for ZIX's stock. Their forecasts range from $4.50 to $9.00. On average, they anticipate ZIX's stock price to reach $7.1667 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for ZIX.
What is the consensus analysts' recommendation for ZIX?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ZIX in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ZIX.
Has ZIX been receiving favorable news coverage?
Press coverage about ZIXI stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ZIX earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of ZIX's key competitors?
Some companies that are related to ZIX include Liberty Tripadvisor Holdings Inc Series A (LTRPA), CSG Systems International (CSGS), Carbonite (CARB), Fang (SFUN), Sohu.com (SOHU), CooTek (Cayman) (CTK), Tucows (TCX), Computer Services (CSVI), Castlight Health (CSLT), Ooma (OOMA), FRONTEO (FTEO), Brightcove (BCOV), Park City Group (PCYG), Renren (RENN) and Veritone (VERI).
Who are ZIX's key executives?
ZIX's management team includes the folowing people:
- Mr. David J. Wagner, Pres, CEO & Director (Age 54)
- Mr. David E. Rockvam, VP & CFO (Age 50)
- Mr. David J. Robertson, VP of Engineering (Age 60)
- Mr. Kelly P. Haggerty, VP of Product Management & Strategy (Age 52)
- Mr. Noah Webster, VP & Gen. Counsel
Who are ZIX's major shareholders?
ZIX's stock is owned by a number of of institutional and retail investors. Top institutional investors include Meeder Asset Management Inc. (0.02%). Company insiders that own ZIX stock include Dave Robertson, Kelly P Haggerty, Richard Spurr and Robert C Hausmann. View Institutional Ownership Trends for ZIX.
Which institutional investors are selling ZIX stock?
How do I buy shares of ZIX?
Shares of ZIXI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ZIX's stock price today?
One share of ZIXI stock can currently be purchased for approximately $6.25.
How big of a company is ZIX?
ZIX has a market capitalization of $338.74 million and generates $65.66 million in revenue each year. The software maker earns $-8,050,000.00 in net income (profit) each year or $0.08 on an earnings per share basis. ZIX employs 233 workers across the globe.
What is ZIX's official website?
How can I contact ZIX?
ZIX's mailing address is 2711 NORTH HASKELL AVENUE SUITE 2200 LB 36, DALLAS TX, 75204. The software maker can be reached via phone at 214-370-2000 or via email at [email protected]
MarketBeat Community Rating for ZIX (NASDAQ ZIXI)
MarketBeat's community ratings are surveys of what our community members think about ZIX and other stocks. Vote "Outperform" if you believe ZIXI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ZIXI will underperform the S&P 500 over the long term. You may vote once every thirty days.
