NASDAQ:ZIXI - ZIX Stock Price, News, & Analysis

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$8.30 -0.01 (-0.12 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$8.30
Today's Range$8.23 - $8.45
52-Week Range$3.82 - $8.60
Volume381,554 shs
Average Volume441,084 shs
Market Capitalization$449.84 million
P/E Ratio103.75
Dividend YieldN/A
Beta0.99
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.

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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:ZIXI
CUSIP98974P10
Phone214-370-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$65.66 million
Cash Flow$0.1296 per share
Book Value$0.78 per share

Profitability

Net Income$-8,050,000.00

Miscellaneous

Employees233
Market Cap$449.84 million
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 has authorized a share repurchase program on Sunday, June 4th 2017, which permits the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

How were ZIX's earnings last quarter?

Zix Co. (NASDAQ:ZIXI) posted its earnings results on Tuesday, October, 23rd. The software maker reported $0.09 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.01. The software maker had revenue of $17.90 million for the quarter, compared to analysts' expectations of $17.73 million. ZIX had a positive return on equity of 12.33% and a negative net margin of 9.72%. The business's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 earnings per share. View ZIX's Earnings History.

When is ZIX's next earnings date?

ZIX is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for ZIX.

What price target have analysts set for ZIXI?

3 analysts have issued 12 month price targets for ZIX's shares. 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 that the stock has a possible downside of 13.7%. 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 on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ZIX earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Are investors shorting ZIX?

ZIX saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,019,979 shares, an increase of 30.0% from the December 31st total of 784,416 shares. Based on an average daily trading volume, of 239,911 shares, the short-interest ratio is presently 4.3 days. Approximately 1.9% of the company's stock are sold short. View ZIX's Current Options Chain.

Who are some of ZIX's key competitors?

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.62%), Dimensional Fund Advisors LP (4.46%), D. E. Shaw & Co. Inc. (2.97%), Legal & General Group Plc (2.55%), ETF Managers Group LLC (1.93%) and Thomson Horstmann & Bryant Inc. (1.54%). 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?

ZIXI stock was sold by a variety of institutional investors in the last quarter, including Legal & General Group Plc, ETF Managers Group LLC, Thomson Horstmann & Bryant Inc., Menta Capital LLC, Wedge Capital Management L L P NC, Algert Global LLC, Globeflex Capital L P and Strs Ohio. View Insider Buying and Selling for ZIX.

Which institutional investors are buying ZIX stock?

ZIXI stock was bought by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Millennium Management LLC, Isthmus Partners LLC, Ranger Investment Management L.P., D. E. Shaw & Co. Inc., Connor Clark & Lunn Investment Management Ltd., Acadian Asset Management LLC and RMB Capital Management LLC. View Insider Buying and Selling for ZIX.

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 $8.30.

How big of a company is ZIX?

ZIX has a market capitalization of $449.84 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?

The official website for ZIX is http://www.zixcorp.com.

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  452
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.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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