NASDAQ:WIX - Wix.Com Stock Price, News & Analysis

$123.81
-2.59 (-2.05 %)
(As of 09/15/2019 10:01 AM ET)
Today's Range
$123.01
Now: $123.81
$126.65
50-Day Range
$123.01
MA: $143.35
$152.48
52-Week Range
$80.20
Now: $123.81
$155.75
Volume459,430 shs
Average Volume424,892 shs
Market Capitalization$6.17 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.55
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. Read More…

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:WIX
CUSIPN/A
Phone972-3545-4900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$603.70 million
Cash Flow$0.0092 per share
Book Value$3.25 per share

Profitability

Net Income$-37,120,000.00

Miscellaneous

Employees1,813
Market Cap$6.17 billion
Next Earnings Date11/12/2019 (Estimated)
OptionableOptionable

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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 results on Wednesday, July, 24th. The information services provider reported ($0.21) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.38) by $0.17. The information services provider had revenue of $185.40 million for the quarter, compared to analysts' expectations of $183.92 million. Wix.Com had a negative net margin of 8.70% and a negative return on equity of 21.60%. The business's revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS. View Wix.Com's Earnings History.

When is Wix.Com's next earnings date?

Wix.Com is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Wix.Com.

What guidance has Wix.Com issued on next quarter's earnings?

Wix.Com updated its third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $196-198 million, compared to the consensus revenue estimate of $196.25 million.

What price target have analysts set for WIX?

15 brokerages have issued 12-month target prices for Wix.Com's shares. Their predictions range from $93.00 to $180.00. On average, they expect Wix.Com's share price to reach $137.4207 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for Wix.Com.

What is the consensus analysts' recommendation for Wix.Com?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.Com in the last year. There are currently 1 sell rating, 4 hold ratings and 10 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 bearing the brunt of increasing investments on product development, infrastructure and platform, which are anticipated to drag down the company’s bottom-line in the near term. Moreover, expenses on development of a new campus and headquarters at Tel Aviv, Israel is likely to weigh on margins. Further, lack of significant presence in the Asia-Pacific market which is reportedly the fastest growing retail e-commerce market remains a concern. Moreover, stiff competition from peers adds to its woes. Also, the company focuses on the SMB segment which is more susceptible to macro-economic headwinds. However, robust increase in ARPS, net premium subscriptions and registered users hold promise. Further, Wix continues to launch user-friendly applications to meet the requirements of a dynamic retail environment, which adds to its user base." (7/20/2019)
  • 2. SunTrust Banks, Inc. analysts commented, "We believe Wix’s large and growing user base, its best-in-class freemium offering and robust suite of products and services should allow the company to sustain its above-market growth rates for the foreseeable future. Sizable (500bps+) boost to 2020 growth from increased investment into with momentum in Ascend should be incremental growth drivers for years to come. Valuation/Risks. WIX trades at ~10x EV/Revs our CY19 estimates. Our $154 PT is derived using a 7-yr DCF. Risks: Economic slowdown, increase in competition, and/or deterioration in key operating metrics (subscriber growth, churn, ARPU)." (5/17/2019)

Has Wix.Com been receiving favorable news coverage?

Headlines about WIX stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 0.9 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Wix.Com.

Are investors shorting Wix.Com?

Wix.Com saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,242,500 shares, an increase of 11.5% from the July 31st total of 1,114,500 shares. Based on an average daily volume of 483,200 shares, the short-interest ratio is currently 2.6 days. Approximately 2.7% of the shares of the stock are sold short. View Wix.Com's Current Options Chain.

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

What other stocks do shareholders of Wix.Com own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wix.Com investors own include NVIDIA (NVDA), Shopify (SHOP), Twilio (TWLO), Alibaba Group (BABA), Netflix (NFLX), Arista Networks (ANET), Square (SQ), Okta (OKTA), Paypal (PYPL) and Trade Desk (TTD).

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 a number of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (4.89%), BlackRock Inc. (4.50%), BlackRock Inc. (4.50%), Bamco Inc. NY (3.95%), Steadfast Capital Management LP (3.36%) and Price T Rowe Associates Inc. MD (3.36%).

Which institutional investors are selling Wix.Com stock?

WIX stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Steadfast Capital Management LP, Menora Mivtachim Holdings LTD., Sylebra Capital Ltd, Dorsey Asset Management LLC, Renaissance Technologies LLC, North Peak Capital Management LLC and Rice Hall James & Associates LLC.

Which institutional investors are buying Wix.Com stock?

WIX stock was purchased by a variety of institutional investors in the last quarter, including Soroban Capital Partners LP, Allianz Asset Management GmbH, Coatue Management LLC, Nuveen Asset Management LLC, Valinor Management L.P., BlackRock Inc., BlackRock Inc. and Vista Equity Partners Management 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, Robinhood, Fidelity and Charles Schwab.

What is Wix.Com's stock price today?

One share of WIX stock can currently be purchased for approximately $123.81.

How big of a company is Wix.Com?

Wix.Com has a market capitalization of $6.17 billion and generates $603.70 million in revenue each year. The information services provider earns $-37,120,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. Wix.Com employs 1,813 workers across the globe.View Additional Information About Wix.Com.

What is Wix.Com's official website?

The official website for Wix.Com is http://www.wix.com/.

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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  446 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  751
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.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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