Shares of Zix Co. (NASDAQ:ZIXI) have been given a consensus recommendation of “Buy” by the 6 analysts that are presently covering the firm, MarketBeat Ratings studies. Just one analyst has rated the inventory with a maintain recommendation and four have assigned a purchase suggestion to the corporation. The common 1-calendar year target rate among brokerages that have issued rankings on the stock in the very last yr is $9.67.
Various analysts have issued experiences on ZIXI shares. Wedbush reissued an “outperform” rating on shares of ZIX in a analysis note on Tuesday, November 10th. Zacks Investment decision Study raised ZIX from a “sell” ranking to a “hold” ranking in a study notice on Saturday, Oct 10th.
ZIXI stock opened at $8.41 on Tuesday. The business’s 50-day transferring typical selling price is $8.41 and its two-hundred working day going average price is $6.94. The firm has a latest ratio of .47, a speedy ratio of .47 and a personal debt-to-equity ratio of 5.07. The organization has a current market cap of $479.29 million, a PE ratio of -27.13, a P/E/G ratio of 1.23 and a beta of 1.21. ZIX has a 1-calendar year very low of $2.84 and a 1-12 months large of $9.46.
ZIX (NASDAQ:ZIXI) very last posted its earnings final results on Monday, November 9th. The program maker documented $.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $.15 by $.02. The firm experienced revenue of $54.80 million for the quarter, in contrast to analyst estimates of $52.76 million. ZIX had a good return on equity of 63.79% and a destructive net margin of 3.64%. The company’s earnings for the quarter was up 14.6% on a 12 months-around-yr foundation. In the course of the exact time period in the past 12 months, the enterprise posted $.13 earnings per share. On ordinary, analysts forecast that ZIX will put up .37 earnings per share for the recent 12 months.
Quite a few significant buyers have a short while ago additional to or minimized their stakes in the inventory. Avantax Advisory Services Inc. obtained a new stake in shares of ZIX in the fourth quarter valued at about $114,000. Taylor Frigon Money Management LLC greater its situation in shares of ZIX by 2.% in the fourth quarter. Taylor Frigon Capital Administration LLC now owns 614,360 shares of the program maker’s stock valued at $5,302,000 soon after attaining an extra 11,814 shares in the course of the last quarter. Mirador Cash Companions LP amplified its position in shares of ZIX by 4.4% in the fourth quarter. Mirador Cash Companions LP now owns 622,989 shares of the software maker’s stock valued at $5,376,000 just after obtaining an further 26,499 shares for the duration of the past quarter. Peregrine Money Management LLC elevated its placement in shares of ZIX by 28.% in the fourth quarter. Peregrine Money Administration LLC now owns 1,829,218 shares of the program maker’s stock valued at $15,786,000 following buying an added 400,397 shares through the past quarter. Last but not least, Mesirow Financial Investment Administration Inc. improved its placement in shares of ZIX by 14.2% in the fourth quarter. Mesirow Economical Expenditure Administration Inc. now owns 54,124 shares of the software maker’s inventory valued at $467,000 after attaining an additional 6,740 shares in the course of the very last quarter. 67.19% of the stock is currently owned by institutional traders and hedge resources.
Zix Corporation provides electronic mail encryption, details reduction avoidance (DLP), menace protection, and archiving for the secure trade of electronic mail in the United States. The company gives State-of-the-art Electronic mail Menace Protection, a cloud-based services that defends businesses from zero-day malware, ransomware, phishing, CEO fraud, W-2 phishing assaults, spams, and viruses in email Data Archive, a cloud-centered e mail retention alternative that enables user retrieval, compliance, and e-discovery E-mail Encryption Company that permits a user to mail encrypted e-mail to any email user any place and on any Net-enabled machine cloud-primarily based cybersecurity answers and e-signatures and protected file sharing options.
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