Wix

Wix.com Ltd. (NASDAQ:WIX) Given Average Recommendation of “Buy” by Brokerages – MarketBeat

Summary

Wix.com Ltd. (NASDAQ:WIX – Get Rating) has acquired a consensus rating of “Buy” from the twenty-one scores corporations That are presently overlaying the agency, Marketbeat.com reviews. Seven equities evaluation analysts have rated the inventory with a maintain advocateation and eleven have assigned a buy advocateation to The agency. The typical 1 yr worth goal amongst brokers Which have issued a report on the inventory Inside the final yr is $194.06.

A quantity of analysts have recent…….

npressfetimg-6184.png

Wix.com Ltd. (NASDAQ:WIX – Get Rating) has acquired a consensus rating of “Buy” from the twenty-one scores corporations That are presently overlaying the agency, Marketbeat.com reviews. Seven equities evaluation analysts have rated the inventory with a maintain advocateation and eleven have assigned a buy advocateation to The agency. The typical 1 yr worth goal amongst brokers Which have issued a report on the inventory Inside the final yr is $194.06.

A quantity of analysts have recently weighed in on the inventory. Financial institution of America dropped their worth objective on shares of Wix.com from $320.00 to $200.00 and set a “buy” rating for The agency in a report on Thursday, February Seventeenth. Morgan Stanley lowered their worth goal on shares of Wix.com from $215.00 to $135.00 and set an “obese” rating for The agency in a report on Thursday, February Seventeenth. JMP Securities lowered their worth goal on shares of Wix.com from $250.00 to $140.00 and set a “market outperform” rating for The agency in a report on Thursday, February Seventeenth. Barclays lowered their worth goal on shares of Wix.com from $170.00 to $105.00 in a report on Thursday, February Seventeenth. Lastly, Truist Monetary lowered their worth goal on shares of Wix.com from $290.00 to $170.00 and set a “buy” rating for The agency in a report on Thursday, February Seventeenth.

Pretty A pair of institutional buyers and hedge funds have recently purchased and purchased shares of WIX. American Notion purchased A mannequin new stake in Wix.com By way of the 4th quarter worth about $624,000. Norges Financial institution purchased A mannequin new stake in Wix.com By way of the 4th quarter worth about $40,409,000. William Blair Funding Administration LLC lifted its place in Wix.com by 29.1% By way of the 4th quarter. William Blair Funding Administration LLC now owns 760,620 shares of The information providers supplier’s inventory worth $120,018,000 after buying for An further 171,566 shares Inside the final quarter. Weiss Multi Method Advisers LLC purchased A mannequin new stake in Wix.com By way of the 4th quarter worth about $235,000. Lastly, Goldman Sachs Group Inc. lifted its place in Wix.com by 17.1% By way of the 4th quarter. Goldman Sachs Group Inc. now owns 320,587 shares of The information providers supplier’s inventory worth $50,586,000 after buying for An further 46,823 shares Inside the final quarter. 89.47% of the inventory is presently owned by institutional buyers and hedge funds.

Shares of WIX opened at $88.73 on Friday. The inventory has a market cap of $4.97 billion, a worth-to-earnings ratio of -27.56 and a beta of 1.42. The agency has A quick ratio of 1.83, a current ratio of 1.79 and a debt-to-equity ratio of 6.33. Wix.com has a 12 month low of $70.70 and a 12 month extreme of $329.00. The agency has a 50-day shifting common worth of $105.86 and a two-hundred day shifting common worth of $154.62.

Wix.com (NASDAQ:WIX – Get Rating) final introduced its quarterly earnings outcomes on Wednesday, February Sixteenth. The information providers supplier reported ($0.37) EPS for the quarter, primeping analysts’ consensus estimates of ($1.35) by $0.98. The agency had income of $328.30 million …….

Source: https://www.marketbeat.com/instant-alerts/nasdaq-wix-consensus-analyst-rating-2022-03-2-3/