The leading market experts have placed a mean price target of $5.42 on Zix Corporation (NASDAQ:ZIXI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.06 a share for the upcoming quarter and $0.24 for the current fiscal.
The technical analysis of Zix Corporation plainly substantiates that the 50-day moving average of Zix Corporation is $3.91, and stock is trading $-0.25 points away or -6.41% from its 50-day moving average of $3.91. Further it is trading $-0.28 or -7.10% away its 200-day moving average of $3.94. Zix Corporation (NASDAQ:ZIXI) 52-week high is $5.78 and the 52-week low is $3.23.
This explains if the stock moves $-2.12, it will post a 52-week high. In event of +13.31% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Zix Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Zix Corporation (NASDAQ:ZIXI) ratio came in at 41.59.
The stock last ended the trading session at $3.66 and registered a market cap of $193.39M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Zix Corporation (NASDAQ:ZIXI) PEG ratio is at 0.77.
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