A share price of Wix.com Ltd [WIX] is currently trading at $246.76, up 5.26%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WIX shares have gain 3.61% over the last week, with a monthly amount glided 9.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wix.com Ltd [NASDAQ: WIX] stock has seen the most recent analyst activity on January 21, 2025, when Raymond James upgraded its rating to a Strong Buy and also boosted its price target to $300 from $225. Previously, Morgan Stanley upgraded its rating to Overweight on January 13, 2025, and elevated its price target to $276. On September 23, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $200 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $200 on September 05, 2024. Oppenheimer reiterated a Outperform rating for this stock on May 21, 2024, and upped its price target to $200. In a note dated May 21, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $160 to $190.
Wix.com Ltd experienced fluctuations in its stock price throughout the past year between $117.58 and $246.82. Currently, Wall Street analysts expect the stock to reach $232.2 within the next 12 months. Wix.com Ltd [NASDAQ: WIX] shares were valued at $246.76 at the most recent close of the market. An investor can expect a potential drop of -5.9% based on the average WIX price forecast.
Analyzing the WIX fundamentals
Trailing Twelve Months sales for Wix.com Ltd [NASDAQ:WIX] were 1.70B which represents 12.91% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is -0.48 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 237.53 points at the first support level, and at 228.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 251.55, and for the 2nd resistance point, it is at 256.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wix.com Ltd [NASDAQ:WIX] is 0.74. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 8.06 and price to earnings (TTM) ratio is 155.83.
Transactions by insiders
Recent insider trading involved Even-Haim Yaniv, Officer, that happened on Jan 02 ’25 when 81000.0 shares were purchased. Director, de Mojana Francesco completed a deal on Dec 09 ’24 to buy 660.0 shares. Meanwhile, Director Patterson Gavin bought 3963.0 shares on Dec 06 ’24.
