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

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$9.44 +0.19 (+2.05 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$9.25
Today's Range$9.20 - $9.52
52-Week Range$4.66 - $11.15
Volume774,000 shs
Average Volume802,719 shs
Market Capitalization$524.36 million
P/E Ratio29.50
Dividend YieldN/A
Beta1.11
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$0.3482 per share
Book Value$0.94 per share

Profitability

Net Income$15.44 million

Miscellaneous

Employees265
Market Cap$524.36 million
Next Earnings Date7/30/2019 (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 approved a stock repurchase program 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 programs are generally a sign that the company's board believes its stock is undervalued.

How were ZIX's earnings last quarter?

Zix Co. (NASDAQ:ZIXI) issued its earnings results on Thursday, February, 28th. The software maker reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. The software maker earned $18.45 million during the quarter, compared to analyst estimates of $18.31 million. ZIX had a net margin of 8.75% and a return on equity of 20.21%. View ZIX's Earnings History.

When is ZIX's next earnings date?

ZIX is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for ZIX.

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

ZIX updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $0.40-0.42 for the period, compared to the Thomson Reuters consensus estimate of $0.32. The company issued revenue guidance of $167-169 million, compared to the consensus revenue estimate of $165.58 million.ZIX also updated its FY 2019 guidance to $0.40-0.42 EPS.

What price target have analysts set for ZIXI?

3 brokers have issued 12-month price targets for ZIX's stock. Their forecasts range from $10.00 to $14.00. On average, they anticipate ZIX's stock price to reach $11.6667 in the next year. This suggests a possible upside of 23.6% from the stock's current price. 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 3 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 stories about ZIXI stock have trended somewhat negative on Saturday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ZIX earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting ZIX?

ZIX saw a increase in short interest in April. As of April 30th, there was short interest totalling 1,900,994 shares, an increase of 49.1% from the April 15th total of 1,275,075 shares. Based on an average trading volume of 927,018 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.5% of the company's stock 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 NVIDIA (NVDA), Yangtze River Port and Logistics (YRIV), General Electric (GE), Cisco Systems (CSCO), Intel (INTC), AT&T (T), Walmart (WMT), Netflix (NFLX), Johnson & Johnson (JNJ) and NIO (NIO).

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 F. Webster, VP, Gen. Counsel & Corp. Sec. (Age 46)
  • 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 variety of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.54%), BlackRock Inc. (6.81%), Dimensional Fund Advisors LP (4.57%), Assenagon Asset Management S.A. (2.25%), ETF Managers Group LLC (1.94%) and AQR Capital Management LLC (1.64%). Company insiders that own ZIX stock include Dave Robertson, 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 BlackRock Inc., JPMorgan Chase & Co., Morgan Stanley, Martingale Asset Management L P, Connors Investor Services Inc., Cadence Capital Management LLC, Spark Investment Management LLC and Wells Fargo & Company MN. 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 Assenagon Asset Management S.A., Acadian Asset Management LLC, Renaissance Technologies LLC, Man Group plc, AQR Capital Management LLC, O Shaughnessy Asset Management LLC, Geode Capital Management LLC and Dimensional Fund Advisors LP. 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 $9.44.

How big of a company is ZIX?

ZIX has a market capitalization of $524.36 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:  3.0 out of 5 (star star star)
Outperform Votes:  307 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  514
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 5/25/2019 by MarketBeat.com Staff

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