Wall Street brokerages expect Zix Co. (NASDAQ:ZIXI) to announce $0.13 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for ZIX’s earnings. ZIX posted earnings of $0.09 per share during the same quarter last year, which indicates a positive year over year growth rate of 44.4%. The business is scheduled to announce its next quarterly earnings results after the market closes on Thursday, October 31st.

On average, analysts expect that ZIX will report full-year earnings of $0.46 per share for the current fiscal year. For the next year, analysts anticipate that the firm will post earnings of $0.64 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow ZIX.

ZIX (NASDAQ:ZIXI) last issued its earnings results on Thursday, August 1st. The software maker reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The business had revenue of $45.92 million for the quarter, compared to analysts’ expectations of $44.53 million. ZIX had a return on equity of 31.03% and a net margin of 1.55%. The business’s quarterly revenue was up 162.4% on a year-over-year basis. During the same period last year, the company posted $0.07 earnings per share.

ZIXI has been the topic of a number of research reports. BidaskClub cut ZIX from a “hold” rating to a “sell” rating in a report on Tuesday, August 20th. ValuEngine cut ZIX from a “sell” rating to a “strong sell” rating in a report on Tuesday. TheStreet cut ZIX from a “b-” rating to a “c+” rating in a report on Wednesday, August 14th. Finally, Zacks Investment Research upgraded ZIX from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a report on Saturday, October 12th. Two analysts have rated the stock with a sell rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $10.69.

Shares of ZIXI traded down $0.24 on Friday, reaching $6.41. The stock had a trading volume of 584,878 shares, compared to its average volume of 557,567. The firm has a market capitalization of $369.74 million, a PE ratio of 20.03, a PEG ratio of 1.34 and a beta of 0.89. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 4.01. The firm has a 50-day moving average of $7.28 and a 200 day moving average of $8.36. ZIX has a twelve month low of $4.68 and a twelve month high of $11.15.

A number of large investors have recently made changes to their positions in ZIXI. California Public Employees Retirement System grew its holdings in ZIX by 33.3% during the 1st quarter. California Public Employees Retirement System now owns 228,299 shares of the software maker’s stock valued at $1,571,000 after buying an additional 56,977 shares during the last quarter. Marshall Wace LLP acquired a new stake in ZIX during the 1st quarter valued at $665,000. First Trust Advisors LP grew its holdings in ZIX by 10.1% during the 1st quarter. First Trust Advisors LP now owns 219,927 shares of the software maker’s stock valued at $1,513,000 after buying an additional 20,149 shares during the last quarter. KAMES CAPITAL plc acquired a new stake in ZIX during the 2nd quarter valued at $2,444,000. Finally, NEXT Financial Group Inc acquired a new stake in ZIX during the 2nd quarter valued at $42,000. Hedge funds and other institutional investors own 72.63% of the company’s stock.

About ZIX

Zix Corporation provides email encryption, data loss prevention (DLP), threat protection, archiving, and bring-your-own-device mobile security solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States. The company offers ZixEncrypt that bundles email encryption and DLP capabilities to enable the secure exchange of email; ZixProtect, a cloud-based service that defends organizations from zero-day malware, ransomware, phishing, CEO fraud, W-2 phishing attacks, spam, and viruses in email; and ZixArchive, a cloud-based email retention solution that enables user retrieval, compliance, and e-discovery.

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