Wix.Com Ltd (NASDAQ:WIX) shares traded 1.32% up during most recent session to reach at the closing price of $109.27. The stock exchanged hands 520459 shares versus average trading capacity of 718.07 Million shares, yielding a market cap of $5.35 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $119.06 within the next 52-weeks. The mean target projections are based on 16 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Wix.Com Ltd (NASDAQ:WIX) high price target of $145 and with a conservative view have low price target of $73.
Raymond James “Downgrades” Wix.Com Ltd (NASDAQ:WIX) in a research note issued to investors on 2/21/19 to Market Perform with price target of $0.
Additionally on 2/21/19 Barclays “Maintained” Wix.Com Ltd (NASDAQ:WIX) to Overweight setting price target at $120 and on 2/21/19 Citigroup “Maintained” the stock to Buy at $125. Furthermore on 2/21/19 KeyBanc “Maintained” the stock to Overweight at $133.
On the other hand the company has Relative Strength Index (RSI 14) of 50.81 along with Average True Range (ATR 14) of 3.47, Consequently Wix.Com Ltd (NASDAQ:WIX)’s weekly and monthly volatility is 2.38%, 3.01% respectively. The company’s beta value is at 1.7.
In terms of Buy, Sell or Hold recommendations, Wix.Com Ltd (NASDAQ:WIX) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Wix.Com Ltd (NASDAQ:WIX)’s minimum EPS for the current quarter is at $-0.04 and can go high up to $0.22. The consensus mean EPS for the current quarter is at $0.06 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.05 earnings per share for the same quarter during last year.
Previously Wix.Com Ltd (NASDAQ:WIX) reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.1. The company posted an earnings surprise of 31.2%.
Wix.Com Ltd (NASDAQ:WIX)’s revenue estimates for the current quarter are $172.91 Million according to 14 number of analysts, for the current quarter the company has high revenue estimates of $174.3 Million in contradiction of low revenue estimates of $172.22 Million. For the current year the company’s revenue estimates are $759.79 Million compared to low analyst estimates of $756 Million and high estimates of $764.9 Million according to 14 number of analysts.
Currently Wix.Com Ltd (NASDAQ:WIX)’s shares owned by insiders are 2.95%, whereas shares owned by institutional owners are 98.5%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.72%.
Wix.Com Ltd (NASDAQ:WIX)’s trailing twelve month revenues are $603.7 Million, whereas its price to sales ratio for the same period is 8.86. Its book value per share for the most recent quarter is $3.1 while its price to book ratio for the same period is 35.25, as for as the company’s cash per share for the most recent quarter is $14.38, however its price to cash per share ratio for the same period is 7.6. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.