Wix.com Ltd (NASDAQ: WIX) is -26.12% 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 $157.15 in the last trading session, with the day’s gains setting it 1.35%.
Currently trading at $158.50, the stock is 3.37% and -2.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.44 million and changing 0.86% at the moment leaves the stock -14.19% off its SMA200. WIX registered -3.12% loss for a year compared to 6-month loss of -27.83%.
The stock witnessed a -12.05% gain in the last 1 month and extending the period to 3 months gives it a -8.07%, and is 1.93% up 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 3.54% over the week and 4.42% over the month.
Wix.com Ltd (WIX) has around 5283 employees, a market worth around $8.82B and $1.81B in sales. Current P/E ratio is 64.03 and Fwd P/E is 18.57. Profit margin for the company is 8.16%. Distance from 52-week low is 14.91% and -35.86% from its 52-week high. The company has generated returns on investments over the last 12 months (77.62%).
The EPS is expected to grow by 11.30% this year
The shares outstanding are 56.11M, and float is at 53.92M with Short Float at 4.50%.
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 May 09 ’25, Even-Haim Yaniv (Officer) Proposed Sale 1,325 shares at an average price of $172.27 for $0.23 million. The insider now directly holds shares of Wix.com Ltd (WIX).
