Zix stock: buy or sell?
September 20th, 2019
Zix Corporation provides email encryption, data loss prevention (DLP), and Bring-Your-Own-Device (BYOD) security solutions to the healthcare, financial services, insurance, and government sectors in the United States.
Should I buy Zix stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Check the only buy setup that matches with Zix stock now:
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||Yes|
|100d MA crossing up 200d MA||No|
Is Zix stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't find any rating for ZIXI stock for the last 30 days.
Zix stock analysis
Shares of Zix ended today at $7.90 and grew a slightly good 0.38%.
Shares of Zix grew a slightly good 0.38% and closed at $7.90. Today ZIXI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. ZIXI shows a short term strength with several rising tops and rising bottoms. In the very short term, on September 18th it marked a new bottom at $7.47 that should act a support if Zix starts a trading flat base in the range of $7.47 - $8.08 Trading the long side, we should wait to a new breakout over $8.08 to find the next buy point.
After boosting a phenomenal 5.47% in a week last week, Zix closed this week at $7.90 and inched a slightly fine 0.51%. Early August ZIXI plunged a bloodcurdling -12.82% in just one week. This week was the third green week in a row.
Zix is in a glaring downtrend, marking consecutive falling peaks and bottoms. Now is trading in between the - range. If the support holds the price, this might mark a double bottom shape and create a flat-base to reverse this downtrend. Since mid August, when ZIXI stock price broke down the 40-weeks moving avarage line, it slid $-0.21 per share (-2.59%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
Zix stock price history
Zix stock went public on November 9th, 1989 with a price of $7.061. Since then, ZIXI stock grew a 11.90%, with an average of 0.40% per year. If you had invested right after ZIXI's IPO a $1,000 in Zix stock in 1989, it would worth $119.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Zix stock historical price chart
ZIXI stock reached 52-week highs on May at $11.15, and all-time highs 2000-03-28 with a price of 96.5.
Zix stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Zix stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareZix presented shining results for 2018-Q4 on February. Zix escalated Earnings per Share (EPS) by 14.30%, beating analysts estimates of $0.07. Zix posted $0.08.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a pretty good growth of 7.33% to $70.48 million dollars. On the other hand, its profit margin (compared to revenues) climbed to 21.91%, that is $15.44 million.
|2013||$48 M||-||$10 M21.7%||-|
|2014||$50 M||4.58%||$4.10 M8.1%||-60.74%|
|2015||$55 M||8.67%||$5.02 M9.2%||22.25%|
|2016||$60 M||9.93%||$5.84 M9.7%||16.37%|
|2017||$66 M||9.18%||$-8.06 M-12.3%||-238.03%|
|2018||$70 M||7.33%||$15 M21.9%||-291.68%|
Quarterly financial resultsZix posted $18.45 million in sales for 2018-Q4, a 3.21% improvement compared to previous quarter. Reported quarter earnings marked $9.26 M with a profit margin of 50.17%. Profit margin skyrocketed a 36.44% compared to previous quarter when profit margin was 13.73%. When comparing revenues to same quarter last year, Zix sales marked an impressive increase and rose a 9.82%. Looking back to recent quarterly results, Zix posted 3 positive quarters in a row.
|2017-Q1||$16 M||-||$2 M11.2%||-|
|2017-Q2||$16 M||3.08%||$1 M7.0%||-35.96%|
|2017-Q3||$17 M||1.28%||$2 M11.5%||67.54%|
|2017-Q4||$17 M||1.27%||$-13 M-76.6%||-774.14%|
|2018-Q1||$17 M||-0.87%||$2 M11.4%||-114.69%|
|2018-Q2||$18 M||5.08%||$2 M10.5%||-2.75%|
|2018-Q3||$18 M||2.15%||$2 M13.7%||33.42%|
|2018-Q4||$18 M||3.21%||$9 M50.2%||277.03%|
Zix ownershipWhen you are planning to buy shares of a stock, it's always worth to overview its ownership structure.
Zix shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.99% of all shares.
In case of Zix stock, 75.31% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ZIXI stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$439.2 M||$12.7 B||$126.7 B||$1,065.3 B||$7.1 B|
|Total shares||55.6 M||130.9 M||885.9 M||7,640.0 M||55.7 M|
|Float shares||47.9 M||130.0 M||884.5 M||7,520.0 M||55.2 M|
|- Institutional holdings (%)||75.3%||103.2%||57.5%||74.7%||95.9%|
|- Insider holdings (%)||4.0%||1.0%||0.1%||1.4%||1.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$7.78 - $8.04|
|Average true range||$0.31|
|50d mov avg||$8.20|
|100d mov avg||$8.83|
|200d mov avg||$7.90|
Zix performanceTo better understand Zix performance you must becnhmark its gains with other related stocks in same sector or industry. We selected Citrix Systems, International Business Machines, Microsoft, Proofpoint, VirnetX and Vmware as the bechmarking frame for Zix stock.