7.69 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||7.69 x 4000|
|Ask||7.70 x 2200|
|Day's Range||7.62 - 8.01|
|52 Week Range||4.66 - 11.15|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 21, 2019 - Oct 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.75|
Zix (ZIXI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
With Amazon (AMZN) and Google (GOOGL) vacuuming up the reputation and the hype and the sky-high stock valuations, it sometimes seems that the tech sector isn’t for the budget-minded investor. Even the more staid stocks, like Microsoft (MSFT) can have share prices well above $100. So, what do you do if you’re looking to invest in tech but are on a tight budget? Let’s take a look at three tech stocks for cost-conscious investors – all are priced under $15 per share, and show at least 40% upside potential. Cyren Ltd. (CYRN)A small cybersecurity firm based in the suburbs of Washington, DC, Cyren has developed a reputation for product excellence. The company specializes in cloud-based security as a service (SECaaS), with products for inbound and outbound spam, phishing, malware, ransomware, and botnet detection and protection.Cyren’s reputational achievements in the field are more impressive given its small size – the company is microcap, with a total market capitalization of just $82.3 million. The stock is priced accordingly, at just $1.51 per share.The analysts agree that this stock, despite its low cost and the company’s small size, is investment grade. Writing from B. Riley FBR, Dan Drawbaugh says, “Cloud-delivered cybersecurity solutions provider Cyren reported 2Q19 results on August 14 before market open. The quarter was, on the whole, about in line with our expectations: Revenue of $9.7M met our estimate and marked a quarterly record for CYRN… we are tempering our growth outlook for the company in the second half of 2019 in order to reflect a shift in product strategy within the enterprise business and gradual expansion of the threat intelligence business.” He gives CYRN shares a $3 price target, indicating a 98% upside potential. Craig-Hallum analyst Chad Bennett agrees with Drawbaugh’s assessment, also setting a $3 target for the stock.Overall, CYRN shares have a Moderate Buy from the analyst consensus, and an average price target of $3. As noted, this target gives the stock an impressive 98% upside. FireEye, Inc. (FEYE)Silicon Valley-based FireEye provides hardware and software – and their support services – to analyze IT security, defend against malware attacks, and investigate cybersecurity breaches. FireEye has counted several blue-chip companies among its clients, including Target, JP Morgan, and Sony Pictures, and it is potentially one of the industry’s fastest growing firms. The company’s recent quarterly report was not spectacular, but did meet expectations, and confirmed several top-rated analysts in their positive views of the stock.Nomura analyst Christopher Eberle was impressed enough to initiate coverage of FEYE with a Buy rating, writing, “We see strong signs emerging of underlying recurring revenue growth, which may be the catalyst to drive overall revenue growth into the low double digits, after several years of "stagnant" mid-single-digit growth. Further, the foundation has been laid for FireEye's Helix platform, which should drive greater adoption.” Eberle’s $16 price target suggests an 18% upside for the shares.5-star analyst Jonathan Ruykhaver, from Baird, focused on FireEye’s improved billing situation when he wrote, “…billings growth accelerated to 13% supported by platform, cloud subscription and managed services which grew billings 27% Y/Y. We think end-of-life related churn is largely behind the company, and like the risk/reward going forward.” He did not put a price target on the shares, but did rate FEYE as a Buy.At $13.52, FireEye has the highest share price of the stocks in this list. The average price target, $19, suggests an upside potential of 40%. The Moderate Buy consensus rating comes from 8 buys and 4 holds given in the past three months. Zix Corporation (ZIXI) Even though much of our digital communication is handled through messenger apps, email remains important. It’s a better format for long-form messages, a more convenient format for less urgent communications, and better able to handle large document attachments. Email is here to stay, and so we need to keep it safe. That’s what Zix does. Zix’s products provide email encryption and data loss prevention. Customers have included the US Treasury and various Blue Cross Blue Shield organizations.Zix’s solid niche impressed Cowen analyst Nick Yako enough to initiate his coverage of the stock with a Buy rating. The analyst said, “The company's acquisition of AppRiver in January sets it on a new growth trajectory to reach annual recurring revenue of $257M-$350M in three to five years, up significantly from $76M in 2018.” He added that the increasing prevalence of cloud computing will prove a benefit to Zix going forward. Yako’s $11 price target indicates a possible 46% upside to ZIXI.Writing more recently, Northland Securities 5-star analyst Tim Klasell reiterated his Buy rating. Klasell agrees that the AppRiver acquisition will be a revenue driver, as will Zix’s new status as an authorized reseller of MSFT’s Office 365. Klasell gives ZIXI shares a $12 price target.Like the other stocks in this list, ZIXI has a Moderate Buy rating from the analyst consensus. Shares sell for only $7.50, and the $12 average price target gives them a 60% upside potential.Visit TipRanks’ Trending Stocks tool, and find out which stocks are hot today.
DALLAS, Aug. 20, 2019 -- Zix Corporation (Zix) (NASDAQ: ZIXI), a leader in email security, is scheduled to participate at the following financial conferences during September.
Zix (ZIXI) delivered earnings and revenue surprises of 10.00% and 3.03%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Zix (ZIXI) delivered earnings and revenue surprises of -50.00% and 3.03%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
15% Organic Revenue Growth, Cross Sell Success, Expanding Adjusted EBITDA Margins, and Successful Completion of Integration Milestones Accelerate Company’s Growth Strategy
SAN FRANCISCO, July 31, 2019 -- The Gateway Conference is back for its 8th year and will showcase over 100 public and private companies at the Four Seasons Hotel in San.
Dave Wagner has been the CEO of Zix Corporation (NASDAQ:ZIXI) since 2016. This report will, first, examine the CEO...
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Zix Corporation (Zix), (ZIXI), a leading provider of email security solutions, today announced that its cloud-based unified archiving solution, ZixArchive, is now available for AppRiver partners and customers. The integration is the latest milestone for the company since acquiring AppRiver, a channel-focused provider of cloud-based cybersecurity, productivity and compliance services. “We’ve now successfully integrated two flagship products in only four months, which validates our strategy and reinforces our commitment to continue expanding our service offerings across our combined partner and customer bases,” said Dave Wagner, Zix CEO.
AppRiver, a Zix (ZIXI) company and leading channel-first provider of security, productivity, and compliance solutions, announced today that its appMailer tool was honored for Best MSP Support in the 2019 MSP Innovation Awards, powered by Channel Partner Insight. “At AppRiver, we work hard on our partner support and success operations, constantly providing them with the tools and resources they need to succeed with our solutions,” said Chris Essex, Senior Vice President of Global Sales at AppRiver. appMailer is a scalable, automated tool that allows AppRiver partners to build professional looking marketing campaigns with just a few clicks.
K-12 School District Selects ZixEncrypt, ZixProtect and ZixArchive, Touting Ease-of-Use and Rapid Deployment
Zix Corporation (Zix) (ZIXI), a leader in email security, will hold its 2019 annual shareholders meeting at 10 a.m. CT on Wednesday, June 5, 2019. Registration for the annual meeting will begin at 9:30 a.m., and the company will host a live audio webcast of the event. The meeting will include brief remarks from Chief Executive Officer David Wagner on the company’s recent financial and operational achievements, as well as Zix’s outlook and strategic initiatives.
A handful of components have carved bullish patterns despite these headwinds, exhibiting resilience that predicts higher prices once the broad market stabilizes and finds a trading floor. Market players can find these top performers by sorting a small-cap or low-priced stock list by relative positioning above the 200-day exponential moving average (EMA).
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