Media headlines about Zix Corporation (NASDAQ:ZIXI) have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Zix Corporation earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.1600321747845 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities research analysts have issued reports on the company. Zacks Investment Research downgraded Zix Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. BidaskClub downgraded Zix Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Dougherty & Co restated a “buy” rating and set a $7.00 target price (up previously from $5.50) on shares of Zix Corporation in a research report on Saturday, July 22nd. Finally, Imperial Capital downgraded Zix Corporation from an “outperform” rating to an “in-line” rating and set a $6.50 target price on the stock. in a research report on Tuesday, June 13th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $6.08.
Zix Corporation (NASDAQ:ZIXI) traded up 8.13% during midday trading on Monday, hitting $4.92. The company’s stock had a trading volume of 494,775 shares. The firm has a market cap of $266.22 million, a P/E ratio of 41.00 and a beta of 1.36. Zix Corporation has a 12 month low of $3.91 and a 12 month high of $6.67. The company’s 50 day moving average price is $5.15 and its 200 day moving average price is $5.40.
Zix Corporation (NASDAQ:ZIXI) last issued its quarterly earnings data on Tuesday, August 1st. The software maker reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Zix Corporation had a net margin of 10.48% and a return on equity of 16.24%. The business had revenue of $16.38 million for the quarter, compared to the consensus estimate of $16.34 million. During the same period in the previous year, the firm earned $0.06 EPS. The company’s revenue was up 9.7% on a year-over-year basis. Analysts expect that Zix Corporation will post $0.28 EPS for the current year.
About Zix Corporation
Zix Corporation offers e-mail encryption, data loss prevention and bring-your-own-device (BYOD) security to meet business data protection and compliance needs. The Company operates through e-mail encryption and security solutions. Its Zix Email Encryption enables the secure exchange of e-mails that include sensitive information through a secure messaging service.
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