Wix.com (WIX) to Release Quarterly Earnings on Wednesday

Wix.com (NASDAQ:WIX) is set to post 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Wix.com Trading Up 2.9 %

Shares of WIX stock opened at $188.94 on Wednesday. The company’s fifty day moving average price is $163.86 and its 200-day moving average price is $158.71. The stock has a market cap of $10.36 billion, a PE ratio of 149.47, a price-to-earnings-growth ratio of 3.67 and a beta of 1.47. Wix.com has a 12 month low of $86.22 and a 12 month high of $192.00.

Wall Street Analysts Forecast Growth

WIX has been the topic of a number of recent research reports. StockNews.com upgraded shares of Wix.com from a “hold” rating to a “buy” rating in a report on Thursday, August 15th. UBS Group upped their price objective on Wix.com from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Benchmark lifted their target price on Wix.com from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. KeyCorp began coverage on Wix.com in a research note on Thursday, July 25th. They issued a “sector weight” rating for the company. Finally, Evercore ISI raised Wix.com to a “strong-buy” rating in a research report on Monday, August 5th. Three analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Wix.com presently has a consensus rating of “Moderate Buy” and an average 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.