Wix.com (WIX) Set to Announce Earnings on Wednesday

Wix.com (NASDAQ:WIX) will be posting its quarterly earnings results before the market opens on Wednesday, November 20th. Analysts expect Wix.com to post earnings of $1.44 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Wix.com Stock Down 2.2 %

WIX opened at $180.01 on Monday. The company has a market capitalization of $9.87 billion, a PE ratio of 142.87, a price-to-earnings-growth ratio of 3.83 and a beta of 1.47. The firm has a 50-day simple moving average of $165.98 and a two-hundred day simple moving average of $160.24. Wix.com has a 52 week low of $92.25 and a 52 week high of $192.00.

Wall Street Analyst Weigh In

WIX has been the topic of a number of research reports. Evercore ISI upgraded shares of Wix.com to a “strong-buy” rating in a report on Monday, August 5th. Cantor Fitzgerald restated an “overweight” rating and set a $200.00 price objective on shares of Wix.com in a research report on Monday, October 7th. StockNews.com lowered Wix.com from a “buy” rating to a “hold” rating in a research note on Friday. UBS Group boosted their target price on Wix.com from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Finally, JMP Securities restated a “market outperform” rating and set a $180.00 price target on shares of Wix.com in a report on Thursday, July 25th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Wix.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.06.

Wix.com Company Profile

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers.