Headlines about Zix Corporation (NASDAQ:ZIXI) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Zix Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 45.7688107112121 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several analysts have recently issued reports on ZIXI shares. Zacks Investment Research lowered shares of Zix Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. BidaskClub lowered shares of Zix Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, Dougherty & Co reiterated a “buy” rating and issued a $7.00 target price (up previously from $5.50) on shares of Zix Corporation in a research note on Saturday, July 22nd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $6.75.
Zix Corporation (NASDAQ:ZIXI) traded up 1.32% during trading on Thursday, reaching $5.39. 182,789 shares of the company traded hands. Zix Corporation has a 52 week low of $3.91 and a 52 week high of $6.67. The company’s 50-day moving average price is $5.05 and its 200 day moving average price is $5.40. The firm has a market capitalization of $291.65 million, a price-to-earnings ratio of 44.92 and a beta of 1.31.
Zix Corporation (NASDAQ:ZIXI) last released its quarterly earnings data on Tuesday, August 1st. The software maker reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.01). The business had revenue of $16.38 million for the quarter, compared to analyst estimates of $16.34 million. Zix Corporation had a return on equity of 16.24% and a net margin of 10.48%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.06 earnings per share. On average, equities research analysts expect that Zix Corporation will post $0.28 EPS for the current year.
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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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