Wix.com (WIX) Scheduled to Post Earnings on Wednesday

Wix.com (NASDAQ:WIX) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 20th. Analysts expect the company to announce earnings of $1.44 per share for the quarter. Persons that are interested in participating in the company’s earnings 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 cap of $9.87 billion, a P/E ratio of 142.87, a price-to-earnings-growth ratio of 3.83 and a beta of 1.47. Wix.com has a 52-week low of $92.25 and a 52-week high of $192.00. The firm’s 50-day moving average price is $165.98 and its 200-day moving average price is $160.24.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Benchmark lifted their price objective on shares of Wix.com from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. KeyCorp assumed coverage on Wix.com in a research report on Thursday, July 25th. They set a “sector weight” rating for the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price objective on shares of Wix.com in a report on Monday, October 7th. UBS Group lifted their target price on Wix.com from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. Finally, Piper Sandler upgraded shares of Wix.com from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $184.00 to $200.00 in a report on Monday, September 23rd. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Wix.com currently has an average rating of “Moderate Buy” and an average price target of $190.06.

About Wix.com

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.