Wix.Com Ltd (NASDAQ:WIX) has received a consensus rating of “Buy” from the twenty brokerages that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $107.36.
Several equities research analysts have recently weighed in on WIX shares. Zacks Investment Research raised Wix.Com from a “hold” rating to a “buy” rating and set a $109.00 target price for the company in a research report on Tuesday, July 31st. BidaskClub downgraded Wix.Com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 31st. SunTrust Banks upped their target price on Wix.Com to $120.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. ValuEngine downgraded Wix.Com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 2nd. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $110.00 target price on shares of Wix.Com in a research report on Thursday, July 26th.
Shares of NASDAQ WIX traded down $5.45 on Friday, hitting $95.99. The company had a trading volume of 20,983 shares, compared to its average volume of 654,665. Wix.Com has a 12-month low of $50.90 and a 12-month high of $121.45. The company has a debt-to-equity ratio of 2.76, a current ratio of 2.00 and a quick ratio of 2.00. The company has a market capitalization of $4.67 billion, a price-to-earnings ratio of -96.01 and a beta of 1.82.
Wix.com Ltd. develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally. It offers Web development, design, and management solutions and apps through an online platform that enables its user base of businesses, organizations, professionals, and individuals to create a digital presence.
Featured Story: Market Capitalization and Individual Investors
Receive News & Ratings for Wix.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wix.Com and related companies with MarketBeat.com's FREE daily email newsletter.