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 also 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. 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
Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:ZIXI
CUSIP98974P10
Phone214-370-2000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.05
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio69.75
Forward P/E Ratio29.37
P/E Growth1.96
Sales & Book Value
Annual Sales$65.66 million
Price / Sales4.57
Cash Flow$0.1288 per share
Price / Cash43.31
Book Value$0.78 per share
Price / Book7.15
Profitability
EPS (Most Recent Fiscal Year)$0.08
Net Income$-8,050,000.00
Net Margins-11.95%
Return on Equity12.11%
Return on Assets7.14%
Miscellaneous
Employees233
Outstanding Shares53,740,000
Market Cap$299.85
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 stock buyback plan on Sunday, June 4th 2017, which authorizes the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.
How were ZIX's earnings last quarter?
Zix Co. (NASDAQ:ZIXI) announced its earnings results on Wednesday, May, 2nd. The software maker reported $0.08 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.08. The software maker earned $16.70 million during the quarter, compared to the consensus estimate of $16.74 million. ZIX had a positive return on equity of 12.11% and a negative net margin of 11.95%. ZIX's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the business earned $0.07 EPS. View ZIX's Earnings History.
When is ZIX's next earnings date?
What guidance has ZIX issued on next quarter's earnings?
ZIX issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $0.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.32. The company issued revenue guidance of $69.00 million to $70.50 million from $67.50 million to $69.00, compared to the consensus revenue estimate of $68.08 million.ZIX also updated its Q2 guidance to $0.07 EPS.
What price target have analysts set for ZIXI?
2 Wall Street analysts have issued 12-month target prices for ZIX's shares. Their forecasts range from $4.50 to $5.75. On average, they anticipate ZIX's stock price to reach $5.1250 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Ratings for ZIX.
What is the consensus analysts' recommendation for ZIX?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ZIX in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Who are some of ZIX's key competitors?
Some companies that are related to ZIX include Carbonite (CARB), Castlight Health (CSLT), Computer Services (CSVI), Tucows (TCX), Longfin (LFIN), FRONTEO (FTEO), NantHealth (NH), Brightcove (BCOV), Ooma (OOMA), Leaf Group (LFGR), Veritone (VERI), Park City Group (PCYG), Renren (RENN), Support.com (SPRT) and Intersections (INTX).
Who are ZIX's key executives?
ZIX's management team includes the folowing people:
- Mr. David J. Wagner, Pres, CEO & Director (Age 53)
- Mr. David E. Rockvam, VP & CFO (Age 49)
- Mr. David J. Robertson, VP of Engineering (Age 59)
- Mr. Kelly P. Haggerty, VP of Product Management & Strategy (Age 51)
- Mr. Noah Webster, VP & Gen. Counsel
Has ZIX been receiving favorable news coverage?
Media headlines about ZIXI stock have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ZIX earned a media sentiment score of 0.06 on Accern's scale. They also gave media headlines about the software maker an impact score of 46.21 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are ZIX's major shareholders?
ZIX's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hartford Investment Management Co. (0.18%). 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 major investors are buying 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 $5.58.
How big of a company is ZIX?
ZIX has a market capitalization of $299.85 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.
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.
