Wix.com Ltd (NASDAQ: WIX) is -5.84% lower on its value in year-to-date trading and has touched a low of $117.58 and a high of $247.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WIX stock was last observed hovering at around $199.16 in the last trading session, with the day’s gains setting it 2.86%.
Currently trading at $202.02, the stock is -7.93% and -9.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing 1.44% at the moment leaves the stock 10.71% off its SMA200. WIX registered 50.16% gain for a year compared to 6-month gain of 21.74%.
The stock witnessed a -18.13% loss in the last 1 month and extending the period to 3 months gives it a -6.99%, and is -0.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.72% over the week and 4.19% over the month.
Wix.com Ltd (WIX) has around 5283 employees, a market worth around $11.24B and $1.76B in sales. Current P/E ratio is 86.57 and Fwd P/E is 23.13. Profit margin for the company is 7.86%. Distance from 52-week low is 71.81% and -18.25% from its 52-week high. The company has generated returns on investments over the last 12 months (47.64%).
with sales reaching $471.82M over the same period.The EPS is expected to grow by 14.68% this year, but quarterly earnings will post 13.24% year-over-year. Quarterly sales are estimated to grow 12.40% in year-over-year returns.
The shares outstanding are 55.65M, and float is at 53.46M with Short Float at 3.42%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 7.19 million shares valued at $1.14 billion. The investor’s holdings represent 12.9833 of the WIX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.97 million shares valued at $471.75 million to account for 5.2866 of the shares outstanding. The other top investors are ACADIAN ASSET MANAGEMENT LLC which holds 2.23 million shares representing 4.0301 and valued at over $354.87 million, while FMR LLC holds 3.9268 of the shares totaling 2.2 million with a market value of $350.42 million.
Wix.com Ltd (WIX) Insider Activity
Still, SEC filings show that on Feb 03 ’25, ARYA TRUST PROPERTY HLDGS CO L (Officer) Proposed Sale 50,000 shares at an average price of $238.89 for $11.94 million. The insider now directly holds shares of Wix.com Ltd (WIX).
