Wix.com (WIX) Stock Price, News & Analysis

Company Overview

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

Key Stats

• Today's Range: $178.32 to $183.96
• 50-Day Range: $152.80 to $188.94
• 52-Week Range: $92.25 to $192.00
• Volume: 338,996 shs
• Average Volume: 388,546 shs
• Market Capitalization: $9.87 billion
• P/E Ratio: 142.87
• Dividend Yield: N/A
• Price Target: $190.06
• Consensus Rating: Moderate Buy

Wix.com Stock Analysis - MarketRank™

Wix.com scored higher than 80% of companies evaluated by MarketBeat, and ranked 211th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Wix.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Wix.com has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 59.05%

Earnings Growth

Earnings for Wix.com are expected to grow by 59.05% in the coming year, from $2.10 to $3.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Wix.com is 142.87, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 110.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wix.com is 142.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 204.34.

Price to Earnings Growth Ratio

Wix.com has a PEG Ratio of 3.83. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.68% of the float of Wix.com has been sold short.

Short Interest Ratio / Days to Cover

Wix.com has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wix.com has recently decreased by 12.80%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Wix.com does not currently pay a dividend.

Dividend Growth

Wix.com does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -1.05

Percentage of Shares Shorted

2.68% of the float of Wix.com has been sold short.

Short Interest Ratio / Days to Cover

Wix.com has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wix.com has recently decreased by 12.80%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.82

News Sentiment

Wix.com has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Wix.com this week, compared to 9 articles on an average week.

Search Interest

Only 3 people have searched for WIX on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Wix.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Wix.com insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.20% of the stock of Wix.com is held by insiders.

Percentage Held by Institutions

81.52% of the stock of Wix.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WIX Stock Analysis - Frequently Asked Questions

How have WIX shares performed this year?

Wix.com's stock was trading at $123.02 at the beginning of the year. Since then, WIX shares have increased by 46.3% and is now trading at $180.01.
View the best growth stocks for 2024 here.

How were Wix.com's earnings last quarter?

Wix.com Ltd. (NASDAQ:WIX) issued its earnings results on Wednesday, August, 7th. The information services provider reported $1.67 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.35. Wix.com's revenue for the quarter was up 11.7% compared to the same quarter last year.

Does Wix.com have any subsidiaries?

Wix.com subsidiaries include these companies: Modalyst, Rise.ai, SpeedETab, inkfrog, deviantART, Moment.me, OpenRest, and more.

Who are Wix.com's major shareholders?

Top institutional shareholders of Wix.com include Baillie Gifford & Co. (11.79%), Senvest Management LLC (2.04%), Principal Financial Group Inc. (1.62%) and Whale Rock Capital Management LLC (1.26%).

How do I buy shares of Wix.com?

Shares of WIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Wix.com own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wix.com investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/17/2024
• Next Earnings (Confirmed): 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:WIX
• CUSIP: N/A
• CIK: 1576789
• Web: www.wix.com
• Phone: (723) 545-4900
• Fax: N/A
• Employees: 4,600
• Year Founded: 2006

Price Target and Rating

• Average Stock Price Target: $190.06
• High Stock Price Target: $225.00
• Low Stock Price Target: $160.00
• Potential Upside/Downside: +5.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.26
• Trailing P/E Ratio: 142.87
• Forward P/E Ratio: 85.72
• P/E Growth: 3.83
• Net Income: $33.14 million
• Net Margins: 4.44%
• Pretax Margin: 5.23%
• Return on Equity: -49.05%
• Return on Assets: 4.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.09
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $1.56 billion
• Price / Sales: 6.32
• Cash Flow: $1.30 per share
• Price / Cash Flow: 138.43
• Book Value: ($0.95) per share
• Price / Book: -189.48

Miscellaneous

• Outstanding Shares: 54,820,000
• Free Float: 51,423,000
• Market Cap: $9.87 billion
• Optionable: Optionable
• Beta: 1.47