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
Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:WIX
CUSIPN/A
Phone972-3545-4900
Debt
Debt-to-Equity Ratio2.76
Current Ratio2.00
Quick Ratio2.00
Price-To-Earnings
Trailing P/E Ratio-115.40
Forward P/E Ratio-201.49
P/E GrowthN/A
Sales & Book Value
Annual Sales$425.64 million
Price / Sales12.65
Cash FlowN/A
Price / CashN/A
Book Value$0.25 per share
Price / Book459.40
Profitability
EPS (Most Recent Fiscal Year)($1.00)
Net Income$-56,270,000.00
Net Margins-9.07%
Return on Equity-104.11%
Return on Assets-9.29%
Miscellaneous
Employees1,813
Outstanding Shares46,890,000
Market Cap$5.44 billion
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 quarterly earnings data on Wednesday, July, 25th. The information services provider reported $0.29 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.20) by $0.49. The information services provider earned $146.10 million during the quarter, compared to analysts' expectations of $144.76 million. Wix.Com had a negative net margin of 9.07% and a negative return on equity of 104.11%. The business's revenue for the quarter was up 40.6% compared to the same quarter last year. View Wix.Com's Earnings History.
When is Wix.Com's next earnings date?
What price target have analysts set for WIX?
17 analysts have issued 1-year price objectives for Wix.Com's shares. Their predictions range from $74.00 to $133.00. On average, they anticipate Wix.Com's stock price to reach $103.4667 in the next year. This suggests that the stock has a possible downside of 9.9%. View Analyst Price Targets for Wix.Com.
What is the consensus analysts' recommendation for Wix.Com?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.Com in the last year. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating 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 is a cloud-based web development platform. The company benefits from the expansion of new products and enhancement of existing products. Also, better-than-expected conversion and retention in its user cohorts is a positive. 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 has outperformed the industry in the past one year. However, increasing investments on product development, infrastructure and platform continues to drag down its bottom-line in the near term." (9/18/2018)
- 2. SunTrust Banks, Inc. analysts commented, "We expect the attach of these add-on solutions to keep growing while the company is also experiencing meaningful growth in its RHEL offering." (5/9/2018)
- 3. KeyCorp analysts commented, "We believe the best is still ahead as the business scales past a $1B run-rate exiting 2020, with free cash flow expanding at an even faster pace. We believe 2018 has some good things in store and would build positions in this high-quality franchise. We are raising our price target to $85 and our bull case to $110. Key Investment Points Strong close to the year; ACPS drives upside. Wix posted $4.5M upside to collections on 35% growth and free-cash-flow upside on 16% margin. Additionally, existing cohorts continued to convert at very high rates, an encouraging sign of things to come. The expanded Google relationship adds some new sizzle to the story, opening up the door for even more partnership in the future. The disclosure for 140,000 Wix Code users vs. 7,000 just one quarter ago was particularly impressive to us and shows very nice progress on what should be a very important product." (2/14/2018)
Who are some of Wix.Com's key competitors?
Some companies that are related to Wix.Com include IHS Markit (INFO), Match Group (MTCH), Weibo (WB), Snap (SNAP), 58.com (WUBA), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Sabre (SABR), Tripadvisor (TRIP), Trade Desk (TTD), HUYA (HUYA), Pluralsight (PS), InterXion (INXN) and Stars Group (TSG).
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 47)
- Mr. Nir Zohar, Pres & COO (Age 40)
- Mr. Giora Kaplan, Co-Founder, CTO & Director (Age 48)
- Mr. Menashe Lior Shemesh, Chief Financial Officer (Age 48)
- Mr. Omer Shai, Chief Marketing Officer (Age 41)
Has Wix.Com been receiving favorable news coverage?
Media coverage about WIX stock has trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wix.Com earned a daily sentiment score of 0.18 on Accern's scale. They also gave news headlines about the information services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Wix.Com.
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 FMR LLC (8.49%), Baillie Gifford & Co. (5.53%), Menora Mivtachim Holdings LTD. (4.11%), Renaissance Technologies LLC (3.07%), BlackRock Inc. (2.87%) and Victory Capital Management Inc. (2.55%).
Which major investors are selling Wix.Com stock?
WIX stock was sold by a variety of institutional investors in the last quarter, including Hunt Lane Capital LP, FMR LLC, Renaissance Technologies LLC, Millennium Management LLC, Baillie Gifford & Co., Macquarie Group Ltd., Sei Investments Co. and Frontier Capital Management Co. LLC.
Which major investors are buying Wix.Com stock?
WIX stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Acadian Asset Management LLC, Marshall Wace LLP, Mainstay Capital Management LLC ADV, Wells Fargo & Company MN, Canada Pension Plan Investment Board and Advisors Asset Management Inc..
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 $114.85.
How big of a company is Wix.Com?
Wix.Com has a market capitalization of $5.44 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.
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.
