ZIX (NASDAQ:ZIXI) Getting Somewhat Positive Media Coverage, Report Finds

Press coverage about ZIX (NASDAQ:ZIXI) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ZIX earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 45.8490220679864 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of ZIX (NASDAQ ZIXI) opened at $4.52 on Thursday. The company has a market capitalization of $249.60, a PE ratio of 34.77, a P/E/G ratio of 1.61 and a beta of 1.27. ZIX has a 1-year low of $4.16 and a 1-year high of $6.67.

ZIX (NASDAQ:ZIXI) last posted its earnings results on Tuesday, October 24th. The software maker reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $16.60 million for the quarter, compared to analyst estimates of $16.83 million. ZIX had a return on equity of 15.64% and a net margin of 10.49%. ZIX’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the company earned $0.07 earnings per share. research analysts predict that ZIX will post 0.13 EPS for the current fiscal year.

A number of equities research analysts have commented on the company. Zacks Investment Research cut ZIX from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. BidaskClub upgraded ZIX from a “strong sell” rating to a “sell” rating in a research note on Friday, December 15th. Finally, Dougherty & Co cut their price objective on ZIX from $7.00 to $5.75 and set a “buy” rating on the stock in a report on Thursday, November 16th.

In other ZIX news, VP Dave Robertson sold 39,821 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $4.64, for a total transaction of $184,769.44. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 4.50% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “ZIX (NASDAQ:ZIXI) Getting Somewhat Positive Media Coverage, Report Finds” was reported by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://weekherald.com/2018/01/18/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-zix-zixi-share-price.html.

ZIX Company Profile

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.

Insider Buying and Selling by Quarter for ZIX (NASDAQ:ZIXI)

Receive News & Ratings for ZIX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZIX and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply