Zix stock: buy or sell?

ZIXI stock price: $7.90 0.38% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Zix ended today at $7.90 and grew a slightly good 0.38%. Friday was the third green session in a row, gaining 2.65%.

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:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

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

Daily outlook

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.

ZIXI stock chart (daily)

Weekly outlook

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.

ZIXI stock chart (weekly)

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 target

Nobody 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 Share

Zix 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.
ZIXI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.03n/a
2017-Q2-n/a0.02n/a
2017-Q32017-10-240.070.070.0%
2017-Q42018-02-220.04-0.02n/a
2018-Q12018-05-020.050.04-20.0%
2018-Q22018-07-310.040.03-25.0%
2018-Q32018-10-23n/a0.05n/a
2018-Q42019-02-280.070.0814.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

ZIXI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$48 M-$10 M21.7%-
2014$50 M4.58%$4.10 M8.1%-60.74%
2015$55 M8.67%$5.02 M9.2%22.25%
2016$60 M9.93%$5.84 M9.7%16.37%
2017$66 M9.18%$-8.06 M-12.3%-238.03%
2018$70 M7.33%$15 M21.9%-291.68%

Quarterly financial results

Zix 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.
ZIXI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$16 M-$2 M11.2%-
2017-Q2$16 M3.08%$1 M7.0%-35.96%
2017-Q3$17 M1.28%$2 M11.5%67.54%
2017-Q4$17 M1.27%$-13 M-76.6%-774.14%
2018-Q1$17 M-0.87%$2 M11.4%-114.69%
2018-Q2$18 M5.08%$2 M10.5%-2.75%
2018-Q3$18 M2.15%$2 M13.7%33.42%
2018-Q4$18 M3.21%$9 M50.2%277.03%

Zix ownership

When 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:

ZIXICTXSIBMMSFTPFPT
Market cap$439.2 M$12.7 B$126.7 B$1,065.3 B$7.1 B
Total shares55.6 M130.9 M885.9 M7,640.0 M55.7 M
Float shares47.9 M130.0 M884.5 M7,520.0 M55.2 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 selling0.0%0.0%0.0%0.0%0.0%

Zix summary

Friday, September 20th, 2019
Open$7.85
Close$7.90
Day range$7.78 - $8.04
Previous close$7.87
Session gain0.38%
Average true range$0.31
50d mov avg$8.20
100d mov avg$8.83
200d mov avg$7.90
Daily patternlb03a
Weekly pattern lt02a

Zix performance

To 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.
Stock3m6m12m
ZIXIZix-17.71%18.62%43.90%
CTXSCitrix Systems-2.46%-2.75%-10.89%
IBMInternational Bus...3.92%4.96%-0.91%
MSFTMicrosoft2.14%19.97%23.96%
PFPTProofpoint12.79%6.34%21.74%
VHCVirnetX-5.26%1.89%39.76%
VMWVmware-13.02%-17.90%19.37%

Zix competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Zix. We selected 6 companies as Zix competitors as they are in the same industry or have similar market objectives.