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

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$6.71 -0.03 (-0.45 %)
(As of 03/21/2019 02:04 AM ET)
Previous Close$6.74
Today's Range$6.65 - $6.85
52-Week Range$4.21 - $9.07
Volume472,519 shs
Average Volume528,551 shs
Market Capitalization$362.94 million
P/E Ratio20.97
Dividend YieldN/A
Beta1.1
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$70.48 million
Cash Flow$0.3333 per share
Book Value$1.12 per share

Profitability

Net Income$15.44 million

Miscellaneous

EmployeesN/A
Market Cap$362.94 million
Next Earnings Date5/1/2019 (Estimated)
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 announced that its Board of Directors has initiated a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were ZIX's earnings last quarter?

Zix Co. (NASDAQ:ZIXI) issued its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. The software maker earned $17.90 million during the quarter, compared to analysts' expectations of $17.73 million. ZIX had a net margin of 21.89% and a return on equity of 19.47%. The business's quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.07 EPS. View ZIX's Earnings History.

When is ZIX's next earnings date?

ZIX is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for ZIX.

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

ZIX updated its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $0.30-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.36. The company issued revenue guidance of $164-167 million, compared to the consensus revenue estimate of $74.95 million.ZIX also updated its Q1 2019 guidance to $0.03-0.04 EPS.

What price target have analysts set for ZIXI?

2 brokers have issued twelve-month price targets for ZIX's stock. Their predictions range from $8.00 to $9.00. On average, they expect ZIX's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View Analyst Price Targets 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 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?

News coverage about ZIXI stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ZIX earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

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 General Electric (GE), NVIDIA (NVDA), TherapeuticsMD (TXMD), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Micron Technology (MU), Kinder Morgan (KMI), Walmart (WMT), Celgene (CELG) and Intel (INTC).

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. Noah Webster, VP & Gen. Counsel
  • Mr. Geoffrey R. Bibby, VP of Marketing
  • Mr. Steven D. Irons, VP of Sales

Who are ZIX's major shareholders?

ZIX's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.62%), Dimensional Fund Advisors LP (4.46%), Dimensional Fund Advisors LP (4.46%), D. E. Shaw & Co. Inc. (2.97%), Legal & General Group Plc (2.55%) and ETF Managers Group LLC (1.93%). 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 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 major investors are buying ZIX stock?

ZIXI stock was acquired 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 $6.71.

How big of a company is ZIX?

ZIX has a market capitalization of $362.94 million and generates $70.48 million in revenue each year. The software maker earns $15.44 million in net income (profit) each year or $0.32 on an earnings per share basis.

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:  274 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  470
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 3/21/2019 by MarketBeat.com Staff

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