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The price of Wix.com Ltd (NASDAQ: WIX) closed at $153.72 in the last session, up 0.60% from day before closing price of $152.80. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.45 million shares were traded. WIX stock price reached its highest trading level at $154.6825 during the session, while it also had its lowest trading level at $151.67.
Ratios:
We take a closer look at WIX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09.
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 this company, Cantor Fitzgerald on September 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $200.
Oppenheimer reiterated its Outperform rating for the stock on May 21, 2024, while the target price for the stock was revised from $160 to $200.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when de Mojana Francesco bought 661 shares for $156.08 per share.
ARYA TRUST PROPERTY HLDGS CO L bought 50,000 shares of WIX for $7,796,250 on Aug 01 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WIX now has a Market Capitalization of 8427207168 and an Enterprise Value of 8712098816. As of this moment, Wix.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 123.73, and their Forward P/E ratio for the next fiscal year is 22.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.17. Its current Enterprise Value per Revenue stands at 5.27 whereas that against EBITDA is 126.9.
Stock Price History:
Over the past 52 weeks, WIX has reached a high of $178.65, while it has fallen to a 52-week low of $76.90. The 50-Day Moving Average of the stock is -4.19%, while the 200-Day Moving Average is calculated to be 9.71%.
Shares Statistics:
According to the various share statistics, WIX traded on average about 431.35K shares per day over the past 3-months and 368470 shares per day over the past 10 days. A total of 57.17M shares are outstanding, with a floating share count of 53.45M. Insiders hold about 3.94% of the company’s shares, while institutions hold 85.08% stake in the company. Shares short for WIX as of 1723680000 were 1470635 with a Short Ratio of 3.59, compared to 1721001600 on 1403544. Therefore, it implies a Short% of Shares Outstanding of 1470635 and a Short% of Float of 3.26.
