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
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone972-3545-4900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$425.64 million
Profitability
Miscellaneous
Employees1,813
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, topping the consensus estimate of ($0.10) by $0.49. The information services provider earned $155.60 million during the quarter, compared to the consensus estimate of $152.78 million. Wix.Com had a negative return on equity of 38.70% and a negative net margin of 6.80%. Wix.Com's revenue for the quarter was up 40.2% on a year-over-year basis. During the same period last year, the company earned $0.01 EPS. 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 updated its FY 2018 earnings guidance on Tuesday, November, 13th. The company provided earnings per share 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?
16 brokerages have issued 12-month price objectives for Wix.Com's shares. Their forecasts range from $75.00 to $140.00. On average, they expect Wix.Com's stock price to reach $106.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Wix.Com.
What is the consensus analysts' recommendation for Wix.Com?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.Com in the last year. There are currently 3 hold ratings and 13 buy ratings 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.com is a cloud-based web development platform. The company is benefiting from product expansion and improvement of existing products. 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 have outperformed the industry in the past year. However, increasing investments on product development, infrastructure and platform continue to drag down its bottom-line in the near term. Estimates have been stable lately ahead of the company’s Q4 earnings release." (1/19/2019)
- 2. SunTrust Banks, Inc. analysts commented, "We’re tweaking our 2019 ests modestly higher and move PT to $140 (from $138). Reiterate BUY." (1/11/2019)
Has Wix.Com been receiving favorable news coverage?
News headlines about WIX stock have been trending negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, 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 news stories about the information services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the next few days.
Who are some of Wix.Com's key competitors?
Some companies that are related to Wix.Com include Match Group (MTCH), Weibo (WB), Yandex (YNDX), 58.com (WUBA), Line (LN), FactSet Research Systems (FDS), Snap (SNAP), Tripadvisor (TRIP), Sabre (SABR), Trade Desk (TTD), Stars Group (TSG), InterXion (INXN), HUYA (HUYA), Pluralsight (PS) and GDS (GDS).
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 48)
- Mr. Nir Zohar, Pres & COO (Age 41)
- Mr. Giora Kaplan, Co-Founder, CTO & Director (Age 49)
- Mr. Menashe Lior Shemesh, Chief Financial Officer (Age 49)
- Mr. Omer Shai, Chief Marketing Officer (Age 42)
Who are Wix.Com's major shareholders?
Wix.Com's stock is owned by many different of retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.02%), Bank of Montreal Can (0.01%), Nisa Investment Advisors LLC (0.01%) and Cerebellum GP LLC (0.00%).
Which major investors are buying Wix.Com stock?
WIX stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Bank of Montreal Can, Nisa Investment Advisors LLC and Cerebellum GP 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 $102.36.
How big of a company is Wix.Com?
Wix.Com has a market capitalization of $4.80 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.
