In the past week, WIX stock has gone up by 4.63%, with a monthly gain of 2.19% and a quarterly surge of 41.98%. The volatility ratio for the week is 3.63%, and the volatility levels for the last 30 days are 3.32% for Wix.com Ltd The simple moving average for the past 20 days is 2.16% for WIX’s stock, with a 35.09% simple moving average for the past 200 days.
Is It Worth Investing in Wix.com Ltd (NASDAQ: WIX) Right Now?
Wix.com Ltd (NASDAQ: WIX) has a higher price-to-earnings ratio of 141.77x compared to its average ratio. WIX has 36-month beta value of 1.57. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 7 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for WIX is 53.46M, and currently, short sellers hold a 2.25% ratio of that float. The average trading volume of WIX on January 09, 2025 was 544.73K shares.
WIX) stock’s latest price update
The stock of Wix.com Ltd (NASDAQ: WIX) has increased by 1.71 when compared to last closing price of 220.71.Despite this, the company has seen a gain of 4.63% in its stock price over the last five trading days. zacks.com reported 2025-01-06 that In the most recent trading session, Wix.com (WIX) closed at $226.95, indicating a +1.89% shift from the previous trading day.
Analysts’ Opinion of WIX
Many brokerage firms have already submitted their reports for WIX stocks, with Piper Sandler repeating the rating for WIX by listing it as a “Overweight.” The predicted price for WIX in the upcoming period, according to Piper Sandler is $200 based on the research report published on September 23, 2024 of the previous year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see WIX reach a price target of $200. The rating they have provided for WIX stocks is “Overweight” according to the report published on September 05th, 2024.
WIX Trading at 9.89% from the 50-Day Moving Average
After a stumble in the market that brought WIX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.31% of loss for the given period.
Volatility was left at 3.32%, however, over the last 30 days, the volatility rate increased by 3.63%, as shares surge +4.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.66% upper at present.
During the last 5 trading sessions, WIX rose by +4.63%, which changed the moving average for the period of 200-days by +61.11% in comparison to the 20-day moving average, which settled at $219.75. In addition, Wix.com Ltd saw 4.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WIX starting from Even-Haim Yaniv, who proposed sale 81,000 shares at the price of $214.55 back on Jan 02 ’25. After this action, Even-Haim Yaniv now owns shares of Wix.com Ltd, valued at $17,378,550 using the latest closing price.
de Mojana Francesco, the Director of Wix.com Ltd, proposed sale 660 shares at $219.68 during a trade that took place back on Dec 09 ’24, which means that de Mojana Francesco is holding shares at $144,989 based on the most recent closing price.
Stock Fundamentals for WIX
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.68 for the gross margin
The net margin for Wix.com Ltd stands at 0.05. The total capital return value is set at 0.25.
Based on Wix.com Ltd (WIX), the company’s capital structure generated 1.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.78.
Currently, EBITDA for the company is 69.11 million with net debt to EBITDA at 5.12. When we switch over and look at the enterprise to sales, we see a ratio of 7.64. The receivables turnover for the company is 33.93for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To put it simply, Wix.com Ltd (WIX) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
