ZIX (NASDAQ:ZIXI) Target Raised by Northland Securities to $11.00

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ZIX stock has undergone multiple analysts rating changes in the recent past.  ZIX stock Target Raised by   Northland Securities on 6/29/2020. In a note to investors, the firm issued a new target price of $11.00. The analysts previously had $9.00 target price. Northland Securities’s price target would indicate a potential upside of 77.42% from the stock’s previous close.

Shares of ZIX traded up $0.46 on Monday, reaching $6.66. 732261 shares of the stock traded hands, compared to its average volume of 956082. Shares of were trading at $6.66 on Monday. The firm’s 50 day moving average is $6.29 and its 200 day moving average is 6.62.ZIX  has a 12 month low of $6.25 and a 12 month high of $10.51. While on yearly highs and lows, ZIX today has traded high as $6.80 and has touched $6.25 on the downward trend.

ZIX Earnings and What to expect: 

ZIX last posted its earnings data on May 6th, 2020. The software maker reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.04. The firm had revenue of $52.43 million for the quarter, compared to the consensus estimate of $51.80 million. ZIX has generated $0.15 earnings per share over the last year. ZIX has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 6th, 2020 based off prior year’s report dates.

Earnings for ZIX are expected to grow by 18.42% in the coming year, from $0.38 to $0.45 per share. The P/E ratio of ZIX is -18.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of ZIX is -18.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. ZIX has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued. ZIX has a P/B Ratio of 9.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 36.80%
  • On 6/12/2020 Director Richard Spurr Sell 10,427 at average share price of $6.41 which equates to $66,837.07 in money value.
  • On 5/21/2020 Director Richard Spurr Sell 4,572 at average price of  $6.18 with total value of : Not Data Available
  • On 5/19/2020 Director Richard Spurr Sell 7,219 at average price of  $5.74 with total value of : $41,437.06
  • See More Analyst Rating at: RATING

Other Analyst’s rating for ZIX

  • 6/19/2020 – ZIX was upgraded by analysts at TheStreet from a “d+” rating to a “c-” rating. ()
  • 6/13/2020 – ZIX was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. ()
  • 5/16/2020 – ZIX was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. ()
  • 5/10/2020 – ZIX was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $6.25 price target on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Northland Securities: 

  • 6/26/2020 – Zogenix is now covered by analysts at Northland Securities. They set a “buy” rating and a $65.00 price target on the stock. ()
  • 6/26/2020 – Euronet Worldwide is now covered by analysts at Northland Securities. They set a “buy” rating and a $125.00 price target on the stock. ()
  • 6/26/2020 – Repay is now covered by analysts at Northland Securities. They set a “buy” rating and a $28.00 price target on the stock. ()
  • 6/26/2020 – CalAmp is now covered by analysts at Northland Securities. They set a “buy” rating and a $12.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

ZIX (NASDAQ:ZIXI) Moving Average Technical Analysis

5 day Moving Average is $6.53 And 5 day price change is -0.33 (-4.68%)  with average volume for 5 day average is 802,679. While technical analysis for average 20 days shows significant difference, 20 day moving average is  6.93 and 20 day price change is -0.43 (-6.04%) and average 20 day moving volume is 854,795. 50 day moving average is 6.29  and 50 day price change is 0.26 ( 0.0417)  and with average volume for 50 days is : 1,069,186. 200 day moving average is 6.62  and 200 day price change is -1.32 (-16.58%)  and with average volume for 200 days is : 810,822.

See More Analyst Rating at: RATING