Zix Corp (NASDAQ:ZIXI) shares traded -2.61% down during most recent session to reach at the closing price of $8.96. The stock exchanged hands 548519 shares versus average trading capacity of 1.01 Million shares, yielding a market cap of $487.69 Million. Wall Street analysts covering the stock are projecting that the stock will reach $11.67 within the next 52-weeks. The mean target projections are based on 3 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Zix Corp (NASDAQ:ZIXI) high price target of $14 and with a conservative view have low price target of $10.
“Initiates Coverage On” Zix Corp (NASDAQ:ZIXI) in a research note issued to investors on 5/23/19 to Outperform.
Additionally on 5/23/19 “Initiates Coverage On” Zix Corp (NASDAQ:ZIXI) to Outperform setting price target at $11 and on 10/24/18 “Upgrades” the stock to Buy. Furthermore on 2/26/18 “Maintained” the stock to In-Line at $4.5.
On the other hand the company has Relative Strength Index (RSI 14) of 49.53 along with Average True Range (ATR 14) of 0.45, Consequently Zix Corp (NASDAQ:ZIXI)’s weekly and monthly volatility is 3.43%, 5.00% respectively. The company’s beta value is at 0.99.
In terms of Buy, Sell or Hold recommendations, Zix Corp (NASDAQ:ZIXI) has analysts’ mean recommendation of 1.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Zix Corp (NASDAQ:ZIXI)’s minimum EPS for the current quarter is at $0.09 and can go high up to $0.12. The consensus mean EPS for the current quarter is at $0.11 derived from a total of 3 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.07 earnings per share for the same quarter during last year.
Previously Zix Corp (NASDAQ:ZIXI) reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03. The company posted an earnings surprise of 75%.
Zix Corp (NASDAQ:ZIXI)’s revenue estimates for the current quarter are $44.54 Million according to 3 number of analysts, for the current quarter the company has high revenue estimates of $44.62 Million in contradiction of low revenue estimates of $44.5 Million. For the current year the company’s revenue estimates are $167.87 Million compared to low analyst estimates of $167.47 Million and high estimates of $168.65 Million according to 3 number of analysts.
Currently Zix Corp (NASDAQ:ZIXI)’s shares owned by insiders are 3.3%, whereas shares owned by institutional owners are 74.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.34%.
Zix Corp (NASDAQ:ZIXI)’s trailing twelve month revenues are $83.1 Million, whereas its price to sales ratio for the same period is 5.87. Its book value per share for the most recent quarter is $0.99 while its price to book ratio for the same period is 9.05, as for as the company’s cash per share for the most recent quarter is $0.31, however its price to cash per share ratio for the same period is 29.2. The stock has 5 year expected PEG ratio of 5.09 whereas its trailing twelve month P/E ratio is 101.82.