NASDAQ:ZIXIZIX Stock Price, Forecast & News

ZIX's stock was trading at $5.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ZIXI shares have increased by 8.2% and is now trading at $6.48. View which stocks have been most 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, August 6th 2020. View our earnings forecast for ZIX.

Zix Co. (NASDAQ:ZIXI) issued its quarterly earnings results on Thursday, October, 31st. The software maker reported $0.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.04. The software maker earned $47.80 million during the quarter, compared to analysts' expectations of $47.17 million. ZIX had a positive return on equity of 60.09% and a negative net margin of 4.70%. The business's revenue was up 167.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 earnings per share. View ZIX's earnings history.

ZIX issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of $0.56-0.58 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54. The company issued revenue guidance of $210-217 million, compared to the consensus revenue estimate of $213.50 million.

4 Wall Street analysts have issued 1 year target prices for ZIX's shares. Their forecasts range from $8.00 to $13.00. On average, they expect ZIX's share price to reach $9.75 in the next twelve months. This suggests a possible upside of 50.5% from the stock's current price. View analysts' price targets for ZIX.

Headlines about ZIXI stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ZIX earned a coverage optimism score of 0.7 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutZIX.

ZIX saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,840,000 shares, an increase of 26.3% from the April 30th total of 3,040,000 shares. Based on an average trading volume of 1,120,000 shares, the days-to-cover ratio is currently 3.4 days. Currently, 7.1% of the company's stock are sold short. View ZIX's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ZIX investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Square (SQ), General Electric (GE), Netflix (NFLX), AT&T (T), Intel (INTC), Tesla (TSLA) and Micron Technology (MU).

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

ZIX's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.09%), Legal & General Group Plc (4.23%), Deutsche Bank AG (3.65%), Portolan Capital Management LLC (3.58%), ETF Managers Group LLC (2.18%) and State Street Corp (2.09%). 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 Portolan Capital Management LLC, KAMES CAPITAL plc, BlackRock Inc., AQR Capital Management LLC, ETF Managers Group LLC, Two Sigma Investments LP, THB Asset Management, and Squarepoint Ops LLC. 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 purchased by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Legal & General Group Plc, BNP Paribas Arbitrage SA, Northern Right Capital Management L.P., Federated Hermes Inc., Taylor Frigon Capital Management LLC, Peregrine Capital 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 $6.48.

ZIX has a market capitalization of $368.91 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.

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]