Wix.com (NASDAQ:WIX - Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Wednesday, November 20th. Analysts expect Wix.com to post earnings of $1.44 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.
Wix.com Stock Performance
Shares of NASDAQ WIX traded down $3.67 during midday trading on Wednesday, hitting $185.27. 540,748 shares of the company traded hands, compared to its average volume of 542,206. Wix.com has a 12-month low of $89.53 and a 12-month high of $192.00. The firm has a market cap of $10.16 billion, a P/E ratio of 150.59, a P/E/G ratio of 4.02 and a beta of 1.47. The stock has a 50-day moving average price of $163.86 and a 200 day moving average price of $158.71.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on WIX. StockNews.com raised Wix.com from a "hold" rating to a "buy" rating in a research report on Thursday, August 15th. Evercore ISI raised Wix.com to a "strong-buy" rating in a research report on Monday, August 5th. UBS Group boosted their target price on shares of Wix.com from $200.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, August 8th. Needham & Company LLC reiterated a "buy" rating and issued a $190.00 price target on shares of Wix.com in a research note on Wednesday, August 7th. Finally, JMP Securities reissued a "market outperform" rating and set a $180.00 price objective on shares of Wix.com in a research note on Thursday, July 25th. Three equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $190.06.
Check Out Our Latest Stock Analysis on Wix.com
About Wix.com
(
Get Free Report)
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.
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