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

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$6.71 +0.34 (+5.34 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$6.37
Today's Range$6.41 - $6.80
52-Week Range$3.82 - $7.09
Volume528,800 shs
Average Volume252,823 shs
Market Capitalization$359.33 million
P/E Ratio83.88
Dividend YieldN/A
Beta0.67
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.79
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio83.88
Forward P/E Ratio24.85
P/E Growth1.64

Sales & Book Value

Annual Sales$65.66 million
Price / Sales5.54
Cash Flow$0.1304 per share
Price / Cash51.46
Book Value$0.94 per share
Price / Book7.14

Profitability

EPS (Most Recent Fiscal Year)$0.08
Net Income$-8,050,000.00
Net Margins-9.72%
Return on Equity12.33%
Return on Assets6.83%

Miscellaneous

Employees233
Outstanding Shares54,200,000
Market Cap$359.33 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 announced that its Board of Directors has authorized a share buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $10,000,000.00 in outstanding 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 often a sign that the company's management believes its shares are undervalued.

How were ZIX's earnings last quarter?

Zix Co. (NASDAQ:ZIXI) posted its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. The software maker had revenue of $17.90 million for the quarter, compared to the consensus estimate of $17.73 million. ZIX had a negative net margin of 9.72% and a positive return on equity of 12.33%. The company's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $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 guidance has ZIX issued on next quarter's earnings?

ZIX updated its fourth quarter earnings guidance on Tuesday, October, 23rd. The company provided EPS guidance of approx $0.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.08. The company issued revenue guidance of $18.0-18.2 million, compared to the consensus revenue estimate of $17.95 million.ZIX also updated its FY 2018 guidance to $0.33-0.33 EPS.

What price target have analysts set for ZIXI?

3 brokers have issued twelve-month price objectives for ZIX's shares. Their predictions range from $4.50 to $8.00. On average, they expect ZIX's stock price to reach $6.0833 in the next twelve months. This suggests that the stock has a possible downside of 9.3%. 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?

Headlines about ZIXI stock have been trending neutral this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. 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 coverage optimism score of 0.3 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the company's share price in the near future.

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 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

Who are ZIX's major shareholders?

ZIX's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (6.89%), Dimensional Fund Advisors LP (4.41%), Thomson Horstmann & Bryant Inc. (1.78%), JPMorgan Chase & Co. (1.53%), JPMorgan Chase & Co. (1.52%) and Cadence Capital Management LLC (1.24%). 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 Ibex Investors LLC, Thomson Horstmann & Bryant Inc., GSA Capital Partners LLP, Connors Investor Services Inc. and Strs Ohio. Company insiders that have sold ZIX company stock in the last year include Dave Robertson and Robert C Hausmann. 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 Matarin Capital Management LLC, Wedge Capital Management L L P NC, Cadence Capital Management LLC, Martingale Asset Management L P, First Trust Advisors LP, Assenagon Asset Management S.A., Bessemer Group Inc. and Algert Global 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 $359.33 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:  2.8 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  405
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 11/14/2018 by MarketBeat.com Staff

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