Zix Corporation provides email encryption, data loss prevention, and Bring-Your-Own-Device solutions to the healthcare, financial services, insurance, and government sectors in the United States. The company was founded in 1983 and is based in Dallas, Texas.
ZIXI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Zix Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Zix Corp ranked in the 15th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Zix Corp, consider:
In the past 5.67 years, Zix Corp has a compound free cash flow growth rate of 0.04%; that's better than just 24.8% of cash flow producing equities in the Technology sector, where it is classified.
Zix Corp's effective tax rate, as measured by taxes paid relative to net income, is at 162 -- greater than 98.42% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Zix Corp? See CNXN, EPAY, IMXI, ANSS, and INOV.
Zix (ZIXI) has improved its capabilities and competitive positioning to ride favorable tech tailwinds. The market continues to discount its huge cost of capital and its ability to generate substantial free cash flow. Zix's strengthened sales strategy shows it is more than capable of driving sustainable growth. Given its subdued...
Kayode Omotosho on Seeking Alpha | August 31, 2020
LONDON--(BUSINESS WIRE)--Zix Corporation (Zix), (Nasdaq: ZIXI), a leading provider of cloud email security solutions has today announced the release of its Advanced Email Threat Protection service for the UK market. Using machine learning capabilities, this state-of-the-art tool offers multi-layered filtering that safeguards corporate inboxes against malicious threats; including phishing, impersonation, malware, ransomware and spam-type messages. The Advanced Email Threat Protection Service fro
DALLAS--(BUSINESS WIRE)--Zix Corporation (Zix) (NASDAQ: ZIXI), a leading provider of cloud email security, productivity and compliance solutions, today announced financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Financial Highlights (results compared to the same year-ago quarter) Revenue increased 16% to $53.3 million. Annual recurring revenue (ARR) increased 11% to $215.9 million. GAAP net loss attributable to common stockholders totaled ($4.1) million compared