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NASDAQ:ZIXI

ZIX Stock Forecast, Price & News

$7.26
+0.15 (+2.11 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$7.15
Now: $7.26
$7.30
50-Day Range
$6.13
MA: $6.72
$7.25
52-Week Range
$2.84
Now: $7.26
$9.29
Volume240,107 shs
Average Volume905,594 shs
Market Capitalization$413.75 million
P/E RatioN/A
Dividend YieldN/A
Beta1.21
Zix Corporation provides email encryption, data loss prevention (DLP), threat protection, and archiving for the secure exchange of email in the United States. The company offers Advanced Email Threat Protection, a cloud-based service that defends organizations from zero-day malware, ransomware, phishing, CEO fraud, W-2 phishing attacks, spams, and viruses in email; Information Archive, a cloud-based email retention solution that enables user retrieval, compliance, and e-discovery; Email Encryption Service that allows a user to send encrypted email to any email user anywhere and on any Internet-enabled device; cloud-based cybersecurity solutions; and e-signatures and secure file sharing solutions. It serves the healthcare, financial services, insurance, and government sectors. Zix Corporation sells its services through a direct sales force; and a network of resellers and other distribution partners. The company was formerly known as ZixIt Corporation and changed its name to Zix Corporation in 2002. Zix Corporation was incorporated in 1988 and is headquartered in Dallas, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.90 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryInternet Software & Services
Current SymbolNASDAQ:ZIXI
CUSIP98974P10
Phone214-370-2000
Employees566

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$173.43 million
Cash Flow$0.83 per share
Book Value$0.74 per share

Profitability

Net Income$-14,650,000.00

Miscellaneous

Market Cap$413.75 million
Next Earnings Date2/18/2021 (Estimated)
OptionableOptionable
$7.26
+0.15 (+2.11 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ZIX (NASDAQ:ZIXI) Frequently Asked Questions

How has ZIX's stock been impacted by Coronavirus (COVID-19)?

ZIX's stock was trading at $5.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ZIXI shares have increased by 21.2% and is now trading at $7.26.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of ZIX?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ZIX in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for ZIX
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than ZIX?

Wall Street analysts have given ZIX a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ZIX wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is ZIX's next earnings date?

ZIX is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for ZIX
.

How were ZIX's earnings last quarter?

Zix Co. (NASDAQ:ZIXI) issued its quarterly earnings data on Monday, November, 9th. The software maker reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. The software maker had revenue of $54.80 million for the quarter, compared to the consensus estimate of $52.76 million. ZIX had a positive return on equity of 63.79% and a negative net margin of 3.64%. The company's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 earnings per share.
View ZIX's earnings history
.

What guidance has ZIX issued on next quarter's earnings?

ZIX updated its FY20 earnings guidance on Monday, November, 9th. The company provided earnings per share guidance of $0.60-0.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of $217-218 million, compared to the consensus revenue estimate of $214.80 million.

What price target have analysts set for ZIXI?

4 brokers have issued twelve-month price targets for ZIX's shares. Their forecasts range from $9.00 to $13.00. On average, they anticipate ZIX's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price.
View analysts' price targets for ZIX
.

Are investors shorting ZIX?

ZIX saw a drop in short interest in October. As of October 15th, there was short interest totaling 2,990,000 shares, a drop of 14.6% from the September 30th total of 3,500,000 shares. Based on an average trading volume of 833,200 shares, the short-interest ratio is currently 3.6 days. Currently, 5.5% of the shares of the company are sold short.
View ZIX's Short Interest
.

Who are some of ZIX's key competitors?

What other stocks do shareholders of ZIX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ZIX investors own include NVIDIA (NVDA), Square (SQ), The Walt Disney (DIS), Intel (INTC), Tesla (TSLA), Alibaba Group (BABA), Advanced Micro Devices (AMD), AT&T (T), General Electric (GE) and Fortinet (FTNT).

Who are ZIX's key executives?

ZIX's management team includes the following people:
  • Mr. David J. Wagner, Pres, CEO & Director (Age 55, Pay $749.43k)
  • Mr. David E. Rockvam, CFO & Treasurer (Age 51, Pay $477.69k)
  • Mr. Noah F. Webster, Chief Legal Officer & Corp. Sec. (Age 47, Pay $385.56k)
  • Ms. Sheila Carpenter, Chief Information Officer
  • Mr. Geoffrey R. Bibby, Chief Marketing Officer
  • Mr. Bhavin Merchant, Chief Bus. Officer
  • Mr. John P. Di Leo, Chief Revenue Officer
  • Mr. Ryan Allphin, Chief Product Officer
  • Mr. Matt Glover, Investor Relations

What is ZIX's stock symbol?

ZIX trades on the NASDAQ under the ticker symbol "ZIXI."

Who are ZIX's major shareholders?

ZIX's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.65%), Peregrine Capital Management LLC (2.51%), First Trust Advisors LP (2.26%), State Street Corp (2.26%), BNP Paribas Arbitrage SA (2.25%) and Arrowstreet Capital Limited Partnership (1.81%). Company insiders that own ZIX stock include Dave Robertson, Kelly P Haggerty and Richard Spurr.
View institutional ownership trends for ZIX
.

Which major investors are selling ZIX stock?

ZIXI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Globeflex Capital L P, Federated Hermes Inc., Morgan Stanley, Raymond James & Associates, Campbell & CO Investment Adviser LLC, AQR Capital Management LLC, and Charles Schwab Investment Management Inc.. Company insiders that have sold ZIX company stock in the last year include Kelly P Haggerty, and Richard Spurr.
View insider buying and selling activity for ZIX
.

Which major investors are buying ZIX stock?

ZIXI stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Arrowstreet Capital Limited Partnership, Lapides Asset Management LLC, Peregrine Capital Management LLC, Taylor Frigon Capital Management LLC, BlackRock Inc., LSV Asset Management, and BNP Paribas Arbitrage SA.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is ZIX's stock price today?

One share of ZIXI stock can currently be purchased for approximately $7.26.

How big of a company is ZIX?

ZIX has a market capitalization of $413.75 million and generates $173.43 million in revenue each year. The software maker earns $-14,650,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. ZIX employs 566 workers across the globe.

What is ZIX's official website?

The official website for ZIX is 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]

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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