Wix.com Ltd (NASDAQ: WIX) is -29.00% lower on its value in year-to-date trading and has touched a low of $137.94 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 $181.74 in the last trading session, with the day’s loss setting it -29.4%.
Currently trading at $152.34, the stock is -11.58% and -8.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.6 million and changing -16.18% at the moment leaves the stock -17.93% off its SMA200. WIX registered 12.28% gain for a year compared to 6-month loss of -15.37%. The firm has a 50-day simple moving average (SMA 50) of $167.0743 and a 200-day simple moving average (SMA200) of $185.61858.
The stock witnessed a -1.47% gain in the last 1 month and extending the period to 3 months gives it a -25.20%, and is -19.66% 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 4.17% over the week and 3.71% over the month.
Wix.com Ltd (WIX) has around 5283 employees, a market worth around $8.48B and $1.81B in sales. Current P/E ratio is 61.28 and Fwd P/E is 17.59. Profit margin for the company is 8.16%. Distance from 52-week low is 10.44% and -38.35% from its 52-week high. The company has generated returns on investments over the last 12 months (77.62%).
with sales reaching $487.98M over the same period.The EPS is expected to grow by 12.11% this year, but quarterly earnings will post 12.80% year-over-year. Quarterly sales are estimated to grow 11.99% in year-over-year returns.
643.0 institutions hold shares in Wix.com Ltd (WIX), with institutional investors hold 93.38% of the company’s shares. The shares outstanding are 55.67M, and float is at 53.73M with Short Float at 3.13%. Institutions hold 90.45% of the Float.
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 5.357 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 3.9791 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 Mar 03 ’25, Even-Haim Yaniv (Officer) Proposed Sale 129 shares at an average price of $200.69 for $25889.0. The insider now directly holds shares of Wix.com Ltd (WIX).
