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

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$7.75 -0.04 (-0.51 %)
(As of 04/18/2019 12:19 PM ET)
Previous Close$7.79
Today's Range$7.62 - $7.85
52-Week Range$4.66 - $9.07
Volume20,728 shs
Average Volume559,143 shs
Market Capitalization$419.19 million
P/E Ratio24.13
Dividend YieldN/A
Beta1.05
Zix Corporation provides email encryption, data loss prevention (DLP), threat protection, archiving, and bring-your-own-device mobile security solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States. The company offers ZixEncrypt that bundles email encryption and DLP capabilities to enable the secure exchange of email; ZixProtect, a cloud-based service 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. It also provides ZixOne, a mobile email app, which offers mobile access to corporate email and does not allow data to be persistently stored on employee's device. 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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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$0.3523 per share
Book Value$1.12 per share

Profitability

Net Income$15.44 million

Miscellaneous

Employees265
Market Cap$419.19 million
Next Earnings Date5/2/2019 (Confirmed)
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 initiated a stock repurchase plan on Sunday, June 4th 2017, which permits the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally 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 Thursday, February, 28th. The software maker reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The software maker earned $18.45 million during the quarter, compared to analysts' expectations of $18.31 million. ZIX had a net margin of 21.89% and a return on equity of 19.47%. View ZIX's Earnings History.

When is ZIX's next earnings date?

ZIX is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for ZIX.

How can I listen to ZIX's earnings call?

ZIX will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8558536940.

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

ZIX issued an update on its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share guidance of $0.30-0.33 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued twelve-month price targets for ZIX's shares. Their forecasts range from $8.00 to $9.00. On average, they anticipate ZIX's stock price to reach $8.50 in the next year. This suggests a possible upside of 9.7% 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 been trending very positive on Thursday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ZIX earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the near term.

Are investors shorting ZIX?

ZIX saw a increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,617,564 shares, an increase of 72.2% from the February 28th total of 939,287 shares. Based on an average trading volume of 775,385 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.1% of the company's shares are short sold. View ZIX's Current Options Chain.

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 NIO (NIO), NVIDIA (NVDA), Yangtze River Port and Logistics (YRIV), Cisco Systems (CSCO), General Electric (GE), Medtronic (MDT), Intel (INTC), Walmart (WMT), Netflix (NFLX) and AT&T (T).

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 & Treasurer (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 institutional and retail investors. Top institutional investors include Heritage Investors Management Corp (0.03%) and Meeder Asset Management Inc. (0.01%). 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 Meeder Asset Management Inc.. 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 Heritage Investors Management Corp. 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 $7.75.

How big of a company is ZIX?

ZIX has a market capitalization of $419.19 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. ZIX employs 265 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:  287 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  487
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 4/18/2019 by MarketBeat.com Staff

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