In today’s recent session, 1.23 million shares of the Wix.com Ltd (NASDAQ:WIX) have been traded, and its beta is 1.31. Most recently the company’s share price was $155.71, and it changed around -$1.44 or -0.92% from the last close, which brings the market valuation of the company to $8.67B. WIX at last check was trading at a discount to its 52-week high of $247.11, offering almost -58.7% off that amount. The share price’s 52-week low was $137.94, which indicates that the recent value has risen by an impressive 11.41% since then. We note from Wix.com Ltd’s average daily trading volume that its 10-day average is 1.0 million shares, with the 3-month average coming to 915.64K.
Wix.com Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.44. If we narrow it down even further, the data shows that 0 out of 25 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 5 recommended WIX as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight.
Wix.com Ltd (NASDAQ:WIX) trade information
Instantly WIX has been showing red trend so far today with a performance of -0.92% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 158.73 on recent trading dayincreased the stock’s daily price by 1.9%. The company’s shares are currently down -27.42% year-to-date, but still up 0.14% over the last five days. On the other hand, Wix.com Ltd (NASDAQ:WIX) is -13.60% down in the 30-day period. We can see from the shorts that 2.43 million shares have been sold at a short interest cover period of 2.36 day(s).
The consensus price target as assigned by Wall Street analysts is $250, which translates to bulls needing to increase their stock price by 37.72% from its current value. Analyst projections state that WIX is forecast to be at a low of $169 and a high of $300.
Wix.com Ltd earnings are expected to increase by 11.30% in 2025, but the outlook is positive 18.27% per year for the next five years.
WIX Dividends
Wix.com Ltd’s next quarterly earnings report is expected to be released on 2025-May-21.
Wix.com Ltd (NASDAQ:WIX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.14% of Wix.com Ltd shares, and 90.45% of them are in the hands of institutional investors. The stock currently has a share float of 93.38%. Wix.com Ltd stock is held by 644.0 institutions, with BAILLIE GIFFORD & CO being the largest institutional investor. By 2024-06-30, it held 12.9833% of the shares, which is about 7.19 million shares worth $1.14 billion.
BLACKROCK INC., with 5.357% or 2.97 million shares worth $471.75 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
