Wix.com Ltd. develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally. It offers Web development, design, and management solutions and apps through an online platform that enables its user base of businesses, organizations, professionals, and individuals to create a digital presence. The company's principal product is the Wix Editor, a drag-and-drop visual development and Website editing environment platform. Its applications and value-added solutions comprise Wix App Market, an online platform that offers its users a range of software apps, which could be integrated as add-ons into its users' Websites. In addition, the company provides Wix ShoutOut, which enables users to create and send customized email campaigns, such as newsletters, updates, and promotions directly from their Wix accounts. Further, it offers Wix Stores that allows its users to create, design, and manage an online store through which they may sell their products online and process payments using an integrated shopping cart app; Wix Bookings, an online appointment booking solution; Wix Hotels, a Website for hotels, B&Bs, and vacation rentals; Wix Music, an advanced music player solution; and Wix Restaurants that provides various solutions for restauranteurs, including Wix Restaurants menus, orders, and reservations. Additionally, the company provides Wix Photography, a solution for photographers looking to create their portfolio and manage their business online; Wix Video that allows its customers to showcase, promote, and sell videos on their Wix Website; and customer support and services. As of December 31, 2017, it had approximately 119.3 million registered users and 2,465,160 premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:WIX
Previous Symbol
CUSIPN/A
Phone972-3545-4900
Debt
Debt-to-Equity Ratio2.49
Current Ratio2.24
Quick Ratio2.24
Price-To-Earnings
Trailing P/E Ratio-91.82
Forward P/E Ratio-186.51
P/E GrowthN/A
Sales & Book Value
Annual Sales$425.64 million
Price / Sales10.07
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.25 per share
Price / Book365.56
Profitability
EPS (Most Recent Fiscal Year)($1.00)
Net Income$-56,270,000.00
Net Margins-6.80%
Return on Equity-38.70%
Return on Assets-4.91%
Miscellaneous
Employees1,813
Outstanding Shares46,890,000
Market Cap$4.19 billion
OptionableOptionable
Wix.Com (NASDAQ:WIX) Frequently Asked Questions
What is Wix.Com's stock symbol?
Wix.Com trades on the NASDAQ under the ticker symbol "WIX."
How were Wix.Com's earnings last quarter?
Wix.Com Ltd (NASDAQ:WIX) released its quarterly earnings data on Tuesday, November, 13th. The information services provider reported $0.39 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.49. The information services provider had revenue of $155.60 million for the quarter, compared to the consensus estimate of $152.78 million. Wix.Com had a negative net margin of 6.80% and a negative return on equity of 38.70%. The company's quarterly revenue was up 40.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.01 earnings per share. View Wix.Com's Earnings History.
When is Wix.Com's next earnings date?
What guidance has Wix.Com issued on next quarter's earnings?
Wix.Com issued an update on its FY 2018 earnings guidance on Tuesday, November, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $601-602 million, compared to the consensus revenue estimate of $598.68 million.Wix.Com also updated its Q4 2018 guidance to EPS.
What price target have analysts set for WIX?
17 brokerages have issued 12 month target prices for Wix.Com's stock. Their predictions range from $74.00 to $145.00. On average, they expect Wix.Com's stock price to reach $104.20 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for Wix.Com.
What is the consensus analysts' recommendation for Wix.Com?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.Com in the last year. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wix.Com.
What are Wall Street analysts saying about Wix.Com stock?
Here are some recent quotes from research analysts about Wix.Com stock:
- 1. According to Zacks Investment Research, "Wix is a cloud-based web development platform. The company benefits from the expansion of new products and enhancement of existing products. Also, better-than-expected conversion and retention in its user cohorts is a positive. Wix continues to launch a number of user-friendly applications to meet the requirements of a dynamic retail environment, consequently adding to its user base. Further, it is benefiting from retail’s rapid transition to mobile and social sales channels. We believe that massive growth in e-commerce spending also bodes well for Wix. Further, the company’s sound liquidity and cash flow reflects that it is making investments in the right direction. Notably, shares of the company has outperformed the industry in the past one year. However, increasing investments on product development, infrastructure and platform continues to drag down its bottom-line in the near term." (9/18/2018)
- 2. SunTrust Banks, Inc. analysts commented, "We expect the attach of these add-on solutions to keep growing while the company is also experiencing meaningful growth in its RHEL offering." (5/9/2018)
- 3. KeyCorp analysts commented, "We believe the best is still ahead as the business scales past a $1B run-rate exiting 2020, with free cash flow expanding at an even faster pace. We believe 2018 has some good things in store and would build positions in this high-quality franchise. We are raising our price target to $85 and our bull case to $110. Key Investment Points Strong close to the year; ACPS drives upside. Wix posted $4.5M upside to collections on 35% growth and free-cash-flow upside on 16% margin. Additionally, existing cohorts continued to convert at very high rates, an encouraging sign of things to come. The expanded Google relationship adds some new sizzle to the story, opening up the door for even more partnership in the future. The disclosure for 140,000 Wix Code users vs. 7,000 just one quarter ago was particularly impressive to us and shows very nice progress on what should be a very important product." (2/14/2018)
Has Wix.Com been receiving favorable news coverage?
Press coverage about WIX stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wix.Com earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.
Are investors shorting Wix.Com?
Wix.Com saw a increase in short interest in November. As of November 15th, there was short interest totalling 1,699,684 shares, an increase of 74.5% from the October 31st total of 974,124 shares. Based on an average daily trading volume, of 1,087,058 shares, the days-to-cover ratio is currently 1.6 days. Approximately 4.0% of the shares of the company are short sold. View Wix.Com's Current Options Chain.
Who are some of Wix.Com's key competitors?
Some companies that are related to Wix.Com include Weibo (WB), Match Group (MTCH), Yandex (YNDX), FactSet Research Systems (FDS), 58.com (WUBA), Tripadvisor (TRIP), Line (LN), Snap (SNAP), Sabre (SABR), Trade Desk (TTD), Stars Group (TSG), InterXion (INXN), GDS (GDS), Pluralsight (PS) and HUYA (HUYA).
Who are Wix.Com's key executives?
Wix.Com's management team includes the folowing people:
- Mr. Avishai Abrahami, Co-Founder, Honorary Chairman & CEO (Age 47)
- Mr. Nir Zohar, Pres & COO (Age 40)
- Mr. Giora Kaplan, Co-Founder, CTO & Director (Age 48)
- Mr. Menashe Lior Shemesh, Chief Financial Officer (Age 48)
- Mr. Omer Shai, Chief Marketing Officer (Age 41)
Who are Wix.Com's major shareholders?
Wix.Com's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (8.24%), Steadfast Capital Management LP (6.61%), Baillie Gifford & Co. (5.38%), Bamco Inc. NY (4.35%), Renaissance Technologies LLC (3.53%) and BlackRock Inc. (3.16%).
Which major investors are selling Wix.Com stock?
WIX stock was sold by a variety of institutional investors in the last quarter, including Menora Mivtachim Holdings LTD., CI Global Investments Inc., Steadfast Capital Management LP, Jackson Square Partners LLC, William Blair Investment Management LLC, FMR LLC, Bamco Inc. NY and Baillie Gifford & Co..
Which major investors are buying Wix.Com stock?
WIX stock was acquired by a variety of institutional investors in the last quarter, including Sylebra HK Co Ltd, Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Acadian Asset Management LLC, BlackRock Inc., Deutsche Bank AG and SG Americas Securities LLC.
How do I buy shares of Wix.Com?
Shares of WIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Wix.Com's stock price today?
One share of WIX stock can currently be purchased for approximately $91.39.
How big of a company is Wix.Com?
Wix.Com has a market capitalization of $4.19 billion and generates $425.64 million in revenue each year. The information services provider earns $-56,270,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis. Wix.Com employs 1,813 workers across the globe.
What is Wix.Com's official website?
How can I contact Wix.Com?
Wix.Com's mailing address is 40 NAMAL TEL AVIV ST., TEL AVIV L3, 6701101. The information services provider can be reached via phone at 972-3545-4900 or via email at [email protected]
MarketBeat Community Rating for Wix.Com (NASDAQ WIX)
MarketBeat's community ratings are surveys of what our community members think about Wix.Com and other stocks. Vote "Outperform" if you believe WIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
