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 Date11/12/2019 (Estimated)
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) announced its earnings results on Wednesday, July, 24th. The information services provider reported ($0.21) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.38) by $0.17. The information services provider had revenue of $185.40 million for the quarter, compared to analyst estimates of $183.92 million. Wix.Com had a negative net margin of 8.70% and a negative return on equity of 21.60%. Wix.Com's revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.29 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 third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided EPS 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 equities research analysts have issued 1-year price objectives for Wix.Com's shares. Their forecasts range from $93.00 to $180.00. On average, they expect Wix.Com's share price to reach $137.42 in the next year. This suggests a possible upside of 14.4% 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 trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wix.Com earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Wix.Com.
Are investors shorting Wix.Com?
Wix.Com saw a decrease in short interest in September. As of September 30th, there was short interest totalling 1,480,000 shares, a decrease of 9.8% from the August 30th total of 1,640,000 shares. Based on an average daily trading volume, of 492,400 shares, the days-to-cover ratio is currently 3.0 days. Currently, 3.3% 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 Match Group (MTCH), Snap (SNAP), Zoom Video Communications (ZM), Pinterest (PINS), Weibo (WB), Yandex (YNDX), FactSet Research Systems (FDS), Trade Desk (TTD), Line (LN), 58.com (WUBA), InterXion (INXN), Sabre (SABR), Stars Group (TSG), Tripadvisor (TRIP) and GDS (GDS).
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 number of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.06%), Assenagon Asset Management S.A. (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%), Campbell & CO Investment Adviser LLC (0.02%), Envestnet Asset Management Inc. (0.02%) and Nisa Investment Advisors LLC (0.01%).
Which institutional investors are selling Wix.Com stock?
WIX stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Mainstay Capital Management LLC ADV and NEXT Financial Group Inc.
Which institutional investors are buying Wix.Com stock?
WIX stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Tuttle Tactical Management, Envestnet Asset Management Inc., Sumitomo Mitsui DS Asset Management Company Ltd, Coastal Investment Advisors Inc. and Nisa Investment Advisors 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 $120.09.
How big of a company is Wix.Com?
Wix.Com has a market capitalization of $5.99 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.
