ZIX Stock Forecast, Price & News

ZIX's stock was trading at $5.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ZIXI shares have increased by 21.2% and is now trading at $7.26.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ZIX in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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ZIX is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for ZIX.

Zix Co. (NASDAQ:ZIXI) issued its quarterly earnings data on Monday, November, 9th. The software maker reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. The software maker had revenue of $54.80 million for the quarter, compared to the consensus estimate of $52.76 million. ZIX had a positive return on equity of 63.79% and a negative net margin of 3.64%. The company's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 earnings per share.
View ZIX's earnings history.

ZIX updated its FY20 earnings guidance on Monday, November, 9th. The company provided earnings per share guidance of $0.60-0.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of $217-218 million, compared to the consensus revenue estimate of $214.80 million.

4 brokers have issued twelve-month price targets for ZIX's shares. Their forecasts range from $9.00 to $13.00. On average, they anticipate ZIX's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price.
View analysts' price targets for ZIX.

ZIX saw a drop in short interest in October. As of October 15th, there was short interest totaling 2,990,000 shares, a drop of 14.6% from the September 30th total of 3,500,000 shares. Based on an average trading volume of 833,200 shares, the short-interest ratio is currently 3.6 days. Currently, 5.5% of the shares of the company are sold short.
View ZIX's Short Interest.

Some companies that are related to ZIX include Facebook (FB), Equinix (EQIX), SEA (SE), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), VeriSign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), Envestnet (ENV), J2 Global (JCOM), LivePerson (LPSN), SPS Commerce (SPSC), Stamps.com (STMP) and Cornerstone OnDemand (CSOD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other ZIX investors own include NVIDIA (NVDA), Square (SQ), The Walt Disney (DIS), Intel (INTC), Tesla (TSLA), Alibaba Group (BABA), Advanced Micro Devices (AMD), AT&T (T), General Electric (GE) and Fortinet (FTNT).

ZIX trades on the NASDAQ under the ticker symbol "ZIXI."

ZIX's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.65%), Peregrine Capital Management LLC (2.51%), First Trust Advisors LP (2.26%), State Street Corp (2.26%), BNP Paribas Arbitrage SA (2.25%) and Arrowstreet Capital Limited Partnership (1.81%). Company insiders that own ZIX stock include Dave Robertson, Kelly P Haggerty and Richard Spurr.
View institutional ownership trends for ZIX.

ZIXI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Globeflex Capital L P, Federated Hermes Inc., Morgan Stanley, Raymond James & Associates, Campbell & CO Investment Adviser LLC, AQR Capital Management LLC, and Charles Schwab Investment Management Inc.. Company insiders that have sold ZIX company stock in the last year include Kelly P Haggerty, and Richard Spurr.
View insider buying and selling activity for ZIX.

ZIXI stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Arrowstreet Capital Limited Partnership, Lapides Asset Management LLC, Peregrine Capital Management LLC, Taylor Frigon Capital Management LLC, BlackRock Inc., LSV Asset Management, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of ZIXI stock can currently be purchased for approximately $7.26.

ZIX has a market capitalization of $413.75 million and generates $173.43 million in revenue each year. The software maker earns $-14,650,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. ZIX employs 566 workers across the globe.

The official website for ZIX is www.zixcorp.com.

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]