Wix.com Ltd (NASDAQ: WIX) closed the day trading at $136.54 down -1.09% from the previous closing price of $138.05. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 525525 shares were traded.
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Ratios:
For a better understanding of WIX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.36.
Barclays Upgraded its Equal Weight to Overweight on November 15, 2023, whereas the target price for the stock was revised from $105 to $130.
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 7.60B and an Enterprise Value of 7.63B. As of this moment, Wix.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 259.88, and their Forward P/E ratio for the next fiscal year is 21.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87. Its current Enterprise Value per Revenue stands at 4.89 whereas that against EBITDA is 111.46.
Stock Price History:
Over the past 52 weeks, WIX has reached a high of $146.21, while it has fallen to a 52-week low of $73.39. The 50-Day Moving Average of the stock is 133.54, while the 200-Day Moving Average is calculated to be 103.57.
Shares Statistics:
Over the past 3-months, WIX traded about 589.18K shares per day on average, while over the past 10 days, WIX traded about 406.01k shares per day. A total of 57.17M shares are outstanding, with a floating share count of 53.42M. Insiders hold about 3.99% of the company’s shares, while institutions hold 85.41% stake in the company. Shares short for WIX as of Feb 29, 2024 were 1.54M with a Short Ratio of 2.69, compared to 1.16M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.70% and a Short% of Float of 3.27%.
Earnings Estimates
Current recommendations for the stock of the company come from 15 analysts. On average, analysts expect EPS of $1.03 for the current quarter, with a high estimate of $1.29 and a low estimate of $0.63, while EPS last year was $0.91. The consensus estimate for the next quarter is $1.2, with high estimates of $1.44 and low estimates of $0.94.
Analysts are recommending an EPS of between $5.62 and $3.65 for the fiscal current year, implying an average EPS of $4.85. EPS for the following year is $6.41, with 15 analysts recommending between $7.7 and $4.75.
Revenue Estimates
A total of 19 analysts have provided revenue estimates for WIX’s current fiscal year. The highest revenue estimate was $1.76B, while the lowest revenue estimate was $1.74B, resulting in an average revenue estimate of $1.75B. In the same quarter a year ago, actual revenue was $1.56B, up 12.10% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $1.99B in the next fiscal year. The high estimate is $2.03B and the low estimate is $1.95B. The average revenue growth estimate for next year is up 13.70% from the average revenue estimate for this year.
