What shareholders can do to beat the market with Wix.com Ltd. (WIX) stock

In the latest session, Wix.com Ltd. (NASDAQ: WIX) closed at $81.88 down -1.24% from its previous closing price of $82.91. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 578126 shares were traded. WIX stock price reached its highest trading level at $82.92 during the session, while it also had its lowest trading level at $80.57.

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For a deeper understanding of Wix.com Ltd.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on January 12, 2023, Upgraded its rating to Outperform and sets its target price to $100 from $80 previously.

On December 13, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $101.

On November 11, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $84.JP Morgan initiated its Neutral rating on November 11, 2022, with a $84 target price.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.39.

Stock Price History:

Over the past 52 weeks, WIX has reached a high of $142.34, while it has fallen to a 52-week low of $53.12. The 50-Day Moving Average of the stock is 81.08, while the 200-Day Moving Average is calculated to be 74.54.

Shares Statistics:

For the past three months, WIX has traded an average of 803.49K shares per day and 740.35k over the past ten days. A total of 58.36M shares are outstanding, with a floating share count of 55.36M. Insiders hold about 3.32% of the company’s shares, while institutions hold 91.70% stake in the company. Shares short for WIX as of Oct 13, 2022 were 4.88M with a Short Ratio of 4.02M, compared to 4.61M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 8.49% and a Short% of Float of 8.76%.

Earnings Estimates

There are 13 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of $0.19 and a low estimate of -$0.37, while EPS last year was -$0.21. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.44 and low estimates of -$0.31.

Analysts are recommending an EPS of between -$0.12 and -$1.45 for the fiscal current year, implying an average EPS of -$0.98. EPS for the following year is $0.4, with 13 analysts recommending between $1.57 and -$0.95.

Revenue Estimates

A total of 17 analysts have provided revenue estimates for WIX’s current fiscal year. The highest revenue estimate was $1.41B, while the lowest revenue estimate was $1.37B, resulting in an average revenue estimate of $1.38B. In the same quarter a year ago, actual revenue was $1.27B, up 8.80% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $1.54B in the next fiscal year. The high estimate is $1.66B and the low estimate is $1.46B. The average revenue growth estimate for next year is up 11.30% from the average revenue estimate for this year.