NASDAQ:WIXWix.Com Stock Price, Forecast & News

$198.38

-10.15 (-4.87 %)

(As of 05/27/2020 11:03 AM ET)

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Today's Range

$195.61

Now: $198.38▼

$208.75

50-Day Range

$94.29

MA: $148.34▼

$215.21

52-Week Range

$76.81

Now: $198.38▼

$219.11

Volume505,865 shs

Average Volume1.32 million shs

Market Capitalization$9.89 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.67

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.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
Wix.Com has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $206.27, Wix.Com has a potential upside of 2.5% from its current price of $201.18.
Amount of Analyst Coverage
Wix.Com has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Wix.Com has received 545 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Wix.Com has received 381 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Wix.Com has received 58.86% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Wix.Com does not currently pay a dividend.
Dividend Growth
Wix.Com does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wix.Com insiders have not sold or bought any company stock.
Percentage Held by Institutions
91.31% of the stock of Wix.Com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Wix.Com are expected to grow in the coming year, from ($1.65) to ($1.28) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wix.Com is -108.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wix.Com is -108.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Wix.Com has a P/B Ratio of 47.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.39 out of 5 stars

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

CIK1576789

Webwww.wix.com

Phone972-3545-4900

Debt

Debt-to-Equity Ratio1.73

Current Ratio1.58

Quick Ratio1.58

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$761.09 million

Price / Sales13.00

Cash FlowN/A

Price / Cash FlowN/A

Book Value$4.23 per share

Price / Book46.90

Profitability

EPS (Most Recent Fiscal Year)($0.99)

Net Income$-86,410,000.00

Net Margins-11.81%

Return on Equity-29.30%

Return on Assets-5.39%

Miscellaneous

Employees2,133

Outstanding Shares49,860,000

Market Cap$9.89 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Wix.Com (NASDAQ:WIX) Frequently Asked Questions

How has Wix.Com's stock been impacted by COVID-19 (Coronavirus)?

Wix.Com's stock was trading at $114.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WIX stock has increased by 75.0% and is now trading at $201.18. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Wix.Com?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.Com in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Wix.Com.

When is Wix.Com's next earnings date?

Wix.Com is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Wix.Com.

How were Wix.Com's earnings last quarter?

Wix.Com Ltd (NASDAQ:WIX) posted its earnings results on Thursday, May, 14th. The information services provider reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.64) by $0.63. The information services provider earned $215.99 million during the quarter, compared to analyst estimates of $215.80 million. Wix.Com had a negative return on equity of 29.30% and a negative net margin of 11.81%. View Wix.Com's earnings history.

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

Wix.Com issued an update on its second quarter 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $231-233 million, compared to the consensus revenue estimate of $227.49 million.

What price target have analysts set for WIX?

15 equities research analysts have issued 12 month target prices for Wix.Com's shares. Their forecasts range from $148.00 to $230.00. On average, they anticipate Wix.Com's share price to reach $206.27 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for Wix.Com.

Has Wix.Com been receiving favorable news coverage?

Press coverage about WIX stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 -1.0 on InfoTrie's scale. They also gave news coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutWix.Com.

Are investors shorting Wix.Com?

Wix.Com saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,650,000 shares, a decline of 12.3% from the April 30th total of 3,020,000 shares. Based on an average trading volume of 927,700 shares, the short-interest ratio is presently 2.9 days. Approximately 5.4% of the shares of the stock 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 Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Snap (SNAP), Trade Desk (TTD), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Pinterest (PINS), Stars Group (TSG), 58.com (WUBA), Weibo (WB), GDS (GDS) and InterXion (INXN). View all 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), Alibaba Group (BABA), Paypal (PYPL), Shopify (SHOP), Square (SQ), Netflix (NFLX), Twilio (TWLO), Trade Desk (TTD), salesforce.com (CRM) and Okta (OKTA).

Who are Wix.Com's key executives?

Wix.Com's management team includes the following 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)

What is Wix.Com's stock symbol?

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

Who are Wix.Com's major shareholders?

Wix.Com's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.52%), Principal Financial Group Inc. (5.28%), BlackRock Inc. (4.54%), Massachusetts Financial Services Co. MA (3.45%), Clearbridge Investments LLC (2.91%) and Victory Capital Management Inc. (2.22%).

Which institutional investors are selling Wix.Com stock?

WIX stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Baillie Gifford & Co., Public Sector Pension Investment Board, Lord Abbett & CO. LLC, Nuveen Asset Management LLC, William Blair Investment Management LLC, and Victory Capital Management Inc..

Which institutional investors are buying Wix.Com stock?

WIX stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., ArrowMark Colorado Holdings LLC, Praesidium Investment Management Company LLC, Grantham Mayo Van Otterloo & Co. LLC, Advisor Group Holdings Inc., New York State Common Retirement Fund, Two Sigma Advisers LP, and Blackcrane Capital 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 $201.18.

How big of a company is Wix.Com?

Wix.Com has a market capitalization of $10.03 billion and generates $761.09 million in revenue each year. The information services provider earns $-86,410,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. Wix.Com employs 2,133 workers across the globe.

What is Wix.Com's official website?

The official website for Wix.Com is 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff