Sentiment for Zix Corp (NASDAQ:ZIXI)
Zix Corp (NASDAQ:ZIXI) institutional sentiment decreased to 1.18 in Q2 2019. Its down -0.07, from 1.25 in 2019Q1. The ratio has dropped, as 72 funds started new or increased holdings, while 61 sold and decreased equity positions in Zix Corp. The funds in our partner’s database now possess: 36.87 million shares, up from 36.10 million shares in 2019Q1. Also, the number of funds holding Zix Corp in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 28 Reduced: 33 Increased: 34 New Position: 38.
Zix Corporation provides email encryption, data loss prevention , and Bring-Your-Own-Device (BYOD) security solutions to the healthcare, financial services, insurance, and government sectors in the United States. The company has market cap of $412.49 million. The firm offers Zix Email Encryption that allows an enterprise to use policy-driven rules to determine email messages that should be sent securely to comply with regulations or company-defined policies. It currently has negative earnings. It also provides ZixDirectory, an email encryption community to share identities; Best Method of Delivery, a patented solution designed to deliver email based on the senderÂ’s and recipientÂ’s communications environment and preferences; and ZixGateway, which automatically encrypts and decrypts messages with sensitive content.
The stock decreased 1.60% or $0.12 during the last trading session, reaching $7.4. About 315,791 shares traded. Zix Corporation (NASDAQ:ZIXI) has risen 70.60% since December 4, 2018 and is uptrending. It has outperformed by 70.60% the S&P500.
Analysts await Zix Corporation (NASDAQ:ZIXI) to report earnings on February, 27. They expect $0.10 EPS, up 25.00 % or $0.02 from last year’s $0.08 per share. ZIXI’s profit will be $5.57 million for 18.50 P/E if the $0.10 EPS becomes a reality. After $0.10 actual EPS reported by Zix Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.
Lyon Street Capital Llc holds 2.04% of its portfolio in Zix Corporation for 131,975 shares. Rk Capital Management Llc owns 526,600 shares or 1.48% of their US portfolio. Moreover, Taylor Frigon Capital Management Llc has 1.03% invested in the company for 160,617 shares. The California-based Eam Investors Llc has invested 0.92% in the stock. Thb Asset Management, a Connecticut-based fund reported 572,667 shares.
Zix Corporation (NASDAQ:ZIXI) Ratings Coverage
Ratings analysis reveals 100% of Zix Corporation’s analysts are positive. Out of 3 Wall Street analysts rating Zix Corporation, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $9 while the high is $12. The stock’s average target of $10.33 is 39.59% above today’s ($7.4) share price. ZIXI was included in 3 notes of analysts from November 1, 2019. Cowen & Co maintained the shares of ZIXI in report on Friday, November 1 with “Buy” rating.
More notable recent Zix Corporation (NASDAQ:ZIXI) news were published by: Finance.Yahoo.com which released: “Zix Corp. to Host Earnings Call – Yahoo Finance” on October 31, 2019, also Finance.Yahoo.com with their article: “Why Zix Stock Surged Friday – Yahoo Finance” published on May 03, 2019, Seekingalpha.com published: “Zix Corporation 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on May 03, 2019. More interesting news about Zix Corporation (NASDAQ:ZIXI) were released by: Finance.Yahoo.com and their article: “Zix (ZIXI) to Report Q3 Earnings: What’s in the Offing? – Yahoo Finance” published on October 28, 2019 as well as Seekingalpha.com‘s news article titled: “Zix’s (ZIXI) CEO David Wagner on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 01, 2019.
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