NASDAQ:ZIXI - ZIX Stock Price, Forecast & News

ZIX's stock was trading at $5.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ZIXI shares have decreased by 23.2% and is now trading at $4.60. View which stocks have been mosted impacted by Coronavirus.

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." View analyst ratings for ZIX.

ZIX is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for ZIX.

Zix Co. (NASDAQ:ZIXI) released its earnings results on Thursday, February, 20th. The software maker reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.09 by $0.02. The software maker earned $50.38 million during the quarter, compared to the consensus estimate of $49.64 million. ZIX had a negative net margin of 8.44% and a positive return on equity of 49.28%. View ZIX's earnings history.

ZIX updated its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $0.56-0.58 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. The company issued revenue guidance of $220-225 million, compared to the consensus revenue estimate of $212.73 million.

4 analysts have issued 12-month price targets for ZIX's stock. Their forecasts range from $9.00 to $13.00. On average, they anticipate ZIX's stock price to reach $10.25 in the next twelve months. This suggests a possible upside of 122.8% from the stock's current price. View analysts' price targets for ZIX.

News coverage about ZIXI stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ZIX earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned 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 near term. View the latest news aboutZIX.

ZIX saw a decline in short interest in February. As of February 14th, there was short interest totaling 3,400,000 shares, a decline of 8.6% from the January 30th total of 3,720,000 shares. Based on an average trading volume of 488,800 shares, the days-to-cover ratio is currently 7.0 days. Currently, 6.3% of the company's shares are sold short. View ZIX's Current Options Chain.

Some companies that are related to ZIX include Facebook (FB), Equinix (EQIX), eBay (EBAY), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), LogMeIn (LOGM), J2 Global (JCOM), Envestnet (ENV), ANGI Homeservices (ANGI), Stamps.com (STMP), Cornerstone OnDemand (CSOD) and Cimpress (CMPR).

Based on aggregate information from My MarketBeat watchlists, some companies that other ZIX investors own include NVIDIA (NVDA), General Electric (GE), AT&T (T), Alibaba Group (BABA), Netflix (NFLX), Square (SQ), Gilead Sciences (GILD), Walt Disney (DIS), Advanced Micro Devices (AMD) and Intel (INTC).

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

ZIX's stock is owned by a number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (5.63%), State Street Corp (2.24%), Peregrine Capital Management LLC (1.80%), KAMES CAPITAL plc (1.57%), Russell Investments Group Ltd. (1.47%) and Geode Capital Management LLC (1.36%). Company insiders that own ZIX stock include Dave Robertson, Kelly P Haggerty, Richard Spurr and Robert C Hausmann. View institutional ownership trends for ZIX.

ZIXI stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Renaissance Technologies LLC, First Trust Advisors LP, Mackay Shields LLC, Cadence Capital Management LLC, Credit Suisse AG, THB Asset Management, and Migdal Insurance & Financial Holdings Ltd.. Company insiders that have sold ZIX company stock in the last year include Dave Robertson, 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 Peregrine Capital Management LLC, Russell Investments Group Ltd., Verdence Capital Advisors LLC, Victory Capital Management Inc., KAMES CAPITAL plc, Public Sector Pension Investment Board, Nuveen Asset Management LLC, and Victory Capital Management Inc.. 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 $4.60.

ZIX has a market capitalization of $255.94 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 265 workers across the globe. View additional information about ZIX.

The official website for ZIX is http://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]