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.
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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$603.70 million
Profitability
Miscellaneous
Employees2,133
Next Earnings Date2/20/2020 (Confirmed)
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) issued its earnings results on Thursday, November, 14th. The information services provider reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.75. The information services provider had revenue of $196.79 million for the quarter, compared to the consensus estimate of $197.70 million. Wix.Com had a negative return on equity of 24.02% and a negative net margin of 9.80%. The firm's quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the company earned $0.39 EPS. View Wix.Com's Earnings History.
When is Wix.Com's next earnings date?
How can I listen to Wix.Com's earnings call?
Wix.Com will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Wix.Com issued on next quarter's earnings?
Wix.Com issued an update on its FY 2019
Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$761-763 million, compared to the consensus revenue estimate of $$764.45 million.
What price target have analysts set for WIX?
14 brokers have issued twelve-month price objectives for Wix.Com's shares. Their forecasts range from $93.00 to $180.00. On average, they expect Wix.Com's stock price to reach $147.46 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Wix.Com.
What is the consensus analysts' recommendation for Wix.Com?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.Com in the last year. There are currently 1 sell rating, 5 hold ratings and 8 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 trended neutral on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 0.3 on InfoTrie's scale. They also assigned media stories about the information services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near future. View News Stories for Wix.Com.
Are investors shorting Wix.Com?
Wix.Com saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,430,000 shares, an increase of 25.9% from the January 15th total of 1,930,000 shares. Based on an average trading volume of 545,500 shares, the short-interest ratio is presently 4.5 days. Approximately 5.2% of the company's stock are sold short. 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 Twitter (TWTR), Zoom Video Communications (ZM), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), GDS (GDS), InterXion (INXN), Stars Group (TSG) and Sabre (SABR).
What other stocks do shareholders of Wix.Com own?
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 variety of of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.90%), Principal Financial Group Inc. (5.19%), Jackson Square Partners LLC (3.56%), Massachusetts Financial Services Co. MA (3.37%), Renaissance Technologies LLC (3.16%) and Victory Capital Management Inc. (2.41%).
Which institutional investors are selling Wix.Com stock?
WIX stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Bank of America Corp DE, Janus Henderson Group PLC, Renaissance Technologies LLC, Lord Abbett & CO. LLC, Goldman Sachs Group Inc., Fred Alger Management LLC and White Elm Capital LLC.
Which institutional investors are buying Wix.Com stock?
WIX stock was bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Point72 Asset Management L.P., Pictet Asset Management Ltd., Altshuler Shaham Ltd, Jackson Square Partners LLC, RV Capital GmbH, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV and Massachusetts Financial Services Co. MA.
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 $151.78.
How big of a company is Wix.Com?
Wix.Com has a market capitalization of $7.57 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 2,133 workers across the globe.View Additional Information About Wix.Com.
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.
