Wix.Com Ltd Company Profile (NASDAQ:WIX)

About Wix.Com Ltd (NASDAQ:WIX)

Wix.Com Ltd logoWix.com Ltd. (Wix) is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user and without the need to write code.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Internet Information Providers
  • Sub-Industry: N/A
  • Symbol: NASDAQ:WIX
  • CUSIP: N/A
  • Web: www.wix.com
Capitalization:
  • Market Cap: $3.41 billion
  • Outstanding Shares: 44,695,000
Average Prices:
  • 50 Day Moving Avg: $75.43
  • 200 Day Moving Avg: $59.00
  • 52 Week Range: $25.41 - $86.15
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 74.08
  • P/E Growth: 0.06
Sales & Book Value:
  • Annual Revenue: $321.05 million
  • Price / Sales: 10.62
  • Book Value: ($0.05) per share
  • Price / Book: -1,526.00
Profitability:
  • EBIDTA: ($39,980,000.00)
  • Net Margins: -19.90%
  • Return on Assets: -31.40%
Debt:
  • Current Ratio: 0.92%
  • Quick Ratio: 0.92%
Misc:
  • Average Volume: 977,241 shs.
  • Beta: 2.47
  • Short Ratio: 1.25
 

Frequently Asked Questions for Wix.Com Ltd (NASDAQ:WIX)

What is Wix.Com Ltd's stock symbol?

Wix.Com Ltd trades on the NASDAQ under the ticker symbol "WIX."

How were Wix.Com Ltd's earnings last quarter?

Wix.Com Ltd (NASDAQ:WIX) announced its quarterly earnings results on Wednesday, May, 10th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.33) by $0.14. The firm earned $92.50 million during the quarter, compared to analyst estimates of $90.15 million. The company's revenue for the quarter was up 50.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.30) EPS. View Wix.Com Ltd's Earnings History.

Where is Wix.Com Ltd's stock going? Where will Wix.Com Ltd's stock price be in 2017?

14 brokerages have issued twelve-month price targets for Wix.Com Ltd's stock. Their predictions range from $31.00 to $97.00. On average, they expect Wix.Com Ltd's stock price to reach $67.75 in the next twelve months. View Analyst Ratings for Wix.Com Ltd.

What are analysts saying about Wix.Com Ltd stock?

Here are some recent quotes from research analysts about Wix.Com Ltd stock:

  • 1. According to Zacks Investment Research, "Wix.com Ltd. is a cloud-based web development platform. The Company's platform offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms. Wix.com Ltd. is headquartered in Tel Aviv, Israel. " (5/17/2017)
  • 2. Cantor Fitzgerald analysts commented, "Downgrading from Overweight to Neutral. Our rating change is valuation- based and reflects the 70+% run-up in the stock YTD (and 44% post-4Q16 earnings in mid-Feb.). While we expect Wix to continue to see robust growth in subs (both premium and free), driven by a differentiated Freemium offering and improving brand awareness, we believe that at current levels, the stock already reflects reasonable growth expectations over the near and medium terms. Fundamentals likely intact. Commentary from mgt. at investor conferences in Feb. (including our own) as well as independent third-party data (Small Business Optimism Index , Google Search Interest (exhibits 1 & 2)) suggest Wix’s underlying business fundamentals remain solid, which should contribute to healthy growth in subscribers, in our view. We expect Wix’s Premium subscribers to be up 40% in 1Q and to be up 35% Y/Y in 2017. Revising estimates; raising PT. We’re revising our 2017 estimates for revenue, adjusted EBITDA and FCF to $419M, $73M and $64M from $411M/$80M/ $71M, respectively, largely reflecting the impact from the acquisition of DeviantArt coupled with continued strong organic growth in the business. DeviantArt is expected to contribute $8M and $9M to revenue/collections, respectively, while reducing FCF by ~$8M (per mgt). We have also tweaked upward our top line growth assumptions for the outer years to reflect slightly faster growth in premium subs and ARPU." (4/11/2017)
  • 3. Needham & Company LLC analysts commented, "We are encouraged by Wix's acquisition of DeviantArt (DA). We believe the acquisition provides Wix with exclusive access to DA's 40M registered users and 45M monthly unique visitors. With Wix's improving conversion rates, we believe these users could boost its premium subscribers, collections, and revenue. The acquisition also provides Wix with a highly engaged community that should lift engagement among its users. Finally, we believe upside optionality exists in the form of design and art license revenue. While for FY17 management expects the transaction to add $8M and $9M to revenue and collections, we believe investments in marketing could boost the incremental revenue in FY18. The marketing investment lowers FY17 free cash flow estimates, but the company could recoup at least a portion of this investment in FY18." (3/2/2017)
  • 4. Royal Bank of Canada analysts commented, "Wix posted very strong Q4 results ' not only vs. guidance and estimates, but also intrinsically. Revenue growth was the fastest seen in almost two years, with record-high Revenue Per Sub and EBITDA Margins. Very good execution and a very large TAM are key factors. We are fundamentally more positive, but maintain Sector Perform on valuation. Materially raising estimates. Raise PT to $59." (2/15/2017)

Are investors shorting Wix.Com Ltd?

Wix.Com Ltd saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 1,541,188 shares, an increase of 64.1% from the April 13th total of 939,360 shares. Based on an average daily volume of 1,802,953 shares, the short-interest ratio is presently 0.9 days. Currently, 4.2% of the shares of the company are short sold.

Who are some of Wix.Com Ltd's key competitors?

Who owns Wix.Com Ltd stock?

Wix.Com Ltd's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (6.67%), Renaissance Technologies LLC (4.35%), Wellington Management Group LLP (3.59%), Baillie Gifford & Co. (3.17%), Alliancebernstein L.P. (2.30%) and Victory Capital Management Inc. (1.39%). View Institutional Ownership Trends for Wix.Com Ltd.

Who sold Wix.Com Ltd stock? Who is selling Wix.Com Ltd stock?

Wix.Com Ltd's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Point72 Asset Management L.P., Wellington Management Group LLP, Granahan Investment Management Inc. MA, Acadian Asset Management LLC, Jane Street Group LLC, Garelick Capital Partners LP and Menta Capital LLC. View Insider Buying and Selling for Wix.Com Ltd.

Who bought Wix.Com Ltd stock? Who is buying Wix.Com Ltd stock?

Wix.Com Ltd's stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., William Blair Investment Management LLC, Renaissance Technologies LLC, EMS Capital LP, Victory Capital Management Inc., Bogle Investment Management L P DE, Massachusetts Financial Services Co. MA and Next Century Growth Investors LLC. View Insider Buying and Selling for Wix.Com Ltd.

How do I buy Wix.Com Ltd stock?

Shares of Wix.Com Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Wix.Com Ltd stock cost?

One share of Wix.Com Ltd stock can currently be purchased for approximately $76.30.

Analyst Ratings

Consensus Ratings for Wix.Com Ltd (NASDAQ:WIX) (?)
Ratings Breakdown: 6 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $67.75 (11.21% downside)

Analysts' Ratings History for Wix.Com Ltd (NASDAQ:WIX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017CIBCBoost Price TargetOutperform$70.00 -> $88.00MediumView Rating Details
5/12/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$70.00 -> $88.00MediumView Rating Details
5/12/2017Bank of America CorpBoost Price TargetBuy$70.00 -> $97.00HighView Rating Details
5/11/2017Royal Bank of CanadaBoost Price TargetSector Perform$30.00 -> $31.00HighView Rating Details
5/11/2017Needham & Company LLCReiterated RatingBuy -> Buy$73.00 -> $86.00HighView Rating Details
4/27/2017StephensDowngradeOverweight -> Equal WeightLowView Rating Details
4/13/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformMediumView Rating Details
4/11/2017Cantor FitzgeraldDowngradeOverweight -> Neutral$65.00 -> $80.00LowView Rating Details
3/28/2017Barclays PLCInitiated CoverageOverweight -> Overweight$80.00LowView Rating Details
3/27/2017Citigroup IncInitiated CoverageNeutral -> Neutral$68.00LowView Rating Details
11/11/2016JMP SecuritiesSet Price TargetBuy$57.00N/AView Rating Details
9/21/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$46.00 -> $50.00N/AView Rating Details
9/7/2016Summit RedstoneInitiated CoverageBuy$48.00N/AView Rating Details
7/28/2016Deutsche Bank AGBoost Price TargetBuy$33.00 -> $40.00N/AView Rating Details
2/14/2016FBR & CoReiterated RatingOutperform$25.00N/AView Rating Details
6/29/2015Makor CapitalInitiated CoverageBuy$30.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Wix.Com Ltd (NASDAQ:WIX)
Earnings by Quarter for Wix.Com Ltd (NASDAQ:WIX)
Earnings History by Quarter for Wix.Com Ltd (NASDAQ:WIX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/20173/31/2017($0.33)($0.47)$90.15 million$92.50 millionViewN/AView Earnings Details
2/15/2017Q416$0.03$0.06$81.67 million$84.18 millionViewListenView Earnings Details
11/10/2016Q316($0.06)($0.04)$72.85 million$75.60 millionViewN/AView Earnings Details
7/27/2016Q216($0.12)($0.09)$66.69 million$68.70 millionViewListenView Earnings Details
5/4/2016Q116($0.31)($0.30)$60.70 million$61.60 millionViewN/AView Earnings Details
2/10/2016Q415($0.17)($0.13)$55.82 million$56.00 millionViewListenView Earnings Details
11/4/2015Q315($0.17)($0.15)$52.61 million$53.60 millionViewN/AView Earnings Details
8/5/2015Q215($0.21)($0.21)$48.56 million$48.60 millionViewN/AView Earnings Details
5/6/2015Q115($0.33)($0.30)$44.77 million$44.50 millionViewN/AView Earnings Details
2/11/2015Q414($0.31)($0.25)$39.87 million$41.60 millionViewN/AView Earnings Details
11/5/2014Q314($0.32)($0.24)$35.70 million$37.50 millionViewN/AView Earnings Details
8/6/2014Q214($0.31)($0.27)$31.83 million$33.90 millionViewN/AView Earnings Details
5/13/2014Q114$0.13($0.30)$26.92 million$28.80 millionViewListenView Earnings Details
2/12/2014Q4($0.15)($0.29)$23.55 million$24.90 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Wix.Com Ltd (NASDAQ:WIX)
Current Year EPS Consensus Estimate: $0.36 EPS
Next Year EPS Consensus Estimate: $1.03 EPS

Dividends

Dividend History for Wix.Com Ltd (NASDAQ:WIX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Wix.Com Ltd (NASDAQ:WIX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Wix.Com Ltd (NASDAQ:WIX)
Latest Headlines for Wix.Com Ltd (NASDAQ:WIX)
Source:
DateHeadline
finance.yahoo.com logoWix.com Ltd. – Value Analysis (NASDAQ:WIX) : May 22, 2017
finance.yahoo.com - May 22 at 7:41 PM
prnewswire.com logoWix Announces Launch of SEO Wiz Tool and Google Search Console Integration - PR Newswire (press release)
www.prnewswire.com - May 19 at 1:47 PM
finance.yahoo.com logoWix.com Ltd. breached its 50 day moving average in a Bullish Manner : WIX-US : May 19, 2017
finance.yahoo.com - May 19 at 1:47 PM
americanbankingnews.com logoWix.Com Ltd (WIX) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 17 at 9:38 AM
finance.yahoo.com logoWix Announces Launch of SEO Wiz Tool and Google Search Console Integration
finance.yahoo.com - May 17 at 8:17 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Given New $88.00 Price Target at CIBC
www.americanbankingnews.com - May 15 at 7:34 PM
finance.yahoo.com logoEdited Transcript of WIX earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 14 at 12:01 PM
americanbankingnews.com logoWix.Com Ltd (WIX) Receives Buy Rating from Needham & Company LLC
www.americanbankingnews.com - May 14 at 12:32 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Receives "Buy" Rating from Bank of America Corp
www.americanbankingnews.com - May 12 at 8:56 PM
americanbankingnews.com logoOppenheimer Holdings Inc. Reiterates Outperform Rating for Wix.Com Ltd (WIX)
www.americanbankingnews.com - May 12 at 1:38 PM
americanbankingnews.com logoWix.Com Ltd (WIX) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 12 at 7:06 AM
finance.yahoo.com logoWix Launches Worldwide Ambassador Program
finance.yahoo.com - May 12 at 4:36 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Earns "Sector Perform" Rating from Royal Bank of Canada
www.americanbankingnews.com - May 11 at 7:16 PM
finance.yahoo.com logoWix First Quarter 2017 Results Exceed Expectations as Business Continues to Accelerate – Raises Full Year 2017 Financial Outlook
finance.yahoo.com - May 11 at 3:28 AM
finance.yahoo.com logoWix.com Narrows Loss, Revenue Edges Views, Stock Rises
finance.yahoo.com - May 11 at 3:28 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Announces Earnings Results, Misses Expectations By $0.04 EPS
www.americanbankingnews.com - May 10 at 3:32 PM
finance.yahoo.com logoWix.com reports 1Q loss
finance.yahoo.com - May 10 at 9:44 AM
finance.yahoo.com logoIsrael's Wix.com raises sales forecasts as losses narrow
finance.yahoo.com - May 10 at 9:44 AM
finance.yahoo.com logoInvestor Network: Wix.com Ltd. to Host Earnings Call
finance.yahoo.com - May 10 at 9:44 AM
seekingalpha.com logoWix.com misses by $0.04, beats on revenue
seekingalpha.com - May 10 at 1:59 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 9 at 5:02 PM
americanbankingnews.com logoWix.Com Ltd (WIX) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 8 at 9:22 AM
americanbankingnews.com logo$90.04 Million in Sales Expected for Wix.Com Ltd (WIX) This Quarter
www.americanbankingnews.com - May 5 at 1:18 PM
americanbankingnews.com logoWix.Com (WIX) Receiving Somewhat Critical Press Coverage, Analysis Shows
www.americanbankingnews.com - May 4 at 2:08 PM
americanbankingnews.com logoZacks: Analysts Expect Wix.Com Ltd (WIX) to Post -$0.33 Earnings Per Share
www.americanbankingnews.com - May 3 at 10:18 PM
finance.yahoo.com logoWix to Present at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference
finance.yahoo.com - May 3 at 6:59 PM
americanbankingnews.com logoWix.Com Ltd (WIX) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 1 at 4:40 PM
americanbankingnews.com logoWix.Com (WIX) Getting Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 1 at 12:14 PM
americanbankingnews.com logoWix.Com (WIX) Receives Daily Media Impact Score of 0.31
www.americanbankingnews.com - April 28 at 1:30 PM
prnewswire.com logoLaunch of Wix Video Gives Users Unparalleled Video Capabilities - PR Newswire (press release)
www.prnewswire.com - April 27 at 11:39 AM
finance.yahoo.com logoWIX.COM (WIX) Shows Strength: Stock Moves 11.7% Higher - Yahoo Finance
finance.yahoo.com - April 27 at 11:39 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Downgraded by Stephens to Equal Weight
www.americanbankingnews.com - April 27 at 9:22 AM
finance.yahoo.com logoWIX.COM (WIX) Shows Strength: Stock Moves 11.7% Higher
finance.yahoo.com - April 26 at 5:15 PM
finance.yahoo.com logoLaunch of Wix Video Gives Users Unparalleled Video Capabilities - Yahoo Finance
finance.yahoo.com - April 26 at 8:17 AM
finance.yahoo.com logoLaunch of Wix Video Gives Users Unparalleled Video Capabilities
finance.yahoo.com - April 26 at 8:17 AM
nasdaq.com logoFirst Week of June 16th Options Trading For Wix.com (WIX)
www.nasdaq.com - April 25 at 7:35 PM
americanbankingnews.com logoWix.Com (WIX) Receives Daily Media Impact Rating of 0.31
www.americanbankingnews.com - April 25 at 3:20 PM
americanbankingnews.com logoWix.Com (WIX) Receives News Impact Rating of 0.13
www.americanbankingnews.com - April 22 at 8:53 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Given Hold Rating at Royal Bank of Canada
www.americanbankingnews.com - April 22 at 7:36 AM
seekingalpha.com logoA Forensic Analysis Of WIX, A Technology Unicorn With 50-60% Downside Risk - Seeking Alpha
seekingalpha.com - April 19 at 8:49 PM
finance.yahoo.com logoWix.com to Announce First Quarter 2017 Results on May 10, 2017
finance.yahoo.com - April 19 at 8:49 PM
americanbankingnews.com logoWix.Com Ltd (WIX) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 19 at 12:00 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Unlikely to Impact Wix.Com (WIX) Stock Price
www.americanbankingnews.com - April 18 at 1:12 PM
americanbankingnews.com logoCantor Fitzgerald Downgrades Wix.Com Ltd (WIX) to Neutral
www.americanbankingnews.com - April 15 at 8:38 AM
americanbankingnews.com logoWix.Com (WIX) Given Daily Coverage Optimism Score of 0.01
www.americanbankingnews.com - April 15 at 7:54 AM
americanbankingnews.com logo Analysts Expect Wix.Com Ltd (WIX) Will Announce Quarterly Sales of $90.04 Million
www.americanbankingnews.com - April 14 at 1:38 PM
streetinsider.com logoRaymond James Downgrades Wix.com (WIX) to Market Perform Citing Valuation - StreetInsider.com
www.streetinsider.com - April 14 at 8:12 AM
finance.yahoo.com logoCould Wix.com’s Rally Finally Be Coming to an End?
finance.yahoo.com - April 14 at 8:12 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Receives Market Perform Rating from Raymond James Financial, Inc.
www.americanbankingnews.com - April 13 at 9:49 AM
americanbankingnews.com logoWix.Com Ltd (WIX) Expected to Announce Earnings of -$0.33 Per Share
www.americanbankingnews.com - April 12 at 4:09 PM

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Wix.Com Ltd (WIX) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff