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Wix.com (WIX) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-02-15 15:20
Analysts on Wall Street project that Wix.com (WIX) will announce quarterly earnings of $0.98 per share in its forthcoming report, representing an increase of 60.7% year over year. Revenues are projected to reach $402.61 million, increasing 13.4% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a ...
Wix Announces Completion of $300 Million in Share Repurchases
Prnewswire· 2024-02-15 14:00
NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it has completed $300 million in share repurchases, which received court approval in December 2023 and is part of the authorization by its Board of Directors approved in August 2023. The Company repurchased 2,401,695 outstanding Wix ordinary shares, representing approximately 4% of total shares outstanding, at an approximate volume-weighted average price per share of $124.91. Pursuant to its Board of Directors' authoriz ...
Wix to Participate in Fireside Chat at Morgan Stanley Technology, Media & Telecom Conference
Prnewswire· 2024-02-13 21:40
NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Morgan Stanley's Technology, Media & Telecom Conference on Monday, March 4th at 12:40 p.m. PST. The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com. About Wix.com Ltd.Wix is the leading SaaS website builder platform to create, manage, and grow a global, digital presence1. What began as ...
Wix.com (WIX) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-02-06 23:56
Wix.com (WIX) closed the latest trading day at $129.21, indicating a +0.99% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.23%. On the other hand, the Dow registered a gain of 0.37%, and the technology-centric Nasdaq increased by 0.07%.Prior to today's trading, shares of the cloud-based web development company had gained 6.21% over the past month. This has lagged the Computer and Technology sector's gain of 11.06% and outpaced the S&P 500's gain of 5.3% in that time ...
Wix.com (WIX) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-01-23 00:06
Wix.com (WIX) closed at $128.75 in the latest trading session, marking a +1.26% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.22%. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.32%.Shares of the cloud-based web development company have appreciated by 3.55% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.64% and outperforming the S&P 500's gain of 1.61%.Investors will be eagerly watching for the perfo ...
Wix.com (WIX) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-17 00:33
Wix.com (WIX) closed at $126.10 in the latest trading session, marking a +0.61% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.37%. Elsewhere, the Dow saw a downswing of 0.62%, while the tech-heavy Nasdaq depreciated by 0.19%.Coming into today, shares of the cloud-based web development company had gained 9.14% in the past month. In that same time, the Computer and Technology sector gained 1.22%, while the S&P 500 gained 1.56%.Analysts and investors alike will ...
How Wix.com (WIX) Stock Stands Out in a Strong Industry
Zacks Investment Research· 2024-01-11 15:33
One stock that might be an intriguing choice for investors right now is Wix.com Ltd. (WIX) . This is because this security in the Computers - IT Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Compute ...
Wix.com (WIX) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-01-11 00:34
In the latest trading session, Wix.com (WIX) closed at $122.18, marking a -0.02% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.57%. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq gained 0.75%.Prior to today's trading, shares of the cloud-based web development company had gained 13.62% over the past month. This has outpaced the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 3.4% in that time.Investors will be eagerly ...
Wix Transforms Revenue Sharing for Partners, Significantly Increasing Opportunities to Earn on Wix
Prnewswire· 2024-01-10 17:00
Partners can earn revenue share from day one when creating on Wix Studio, further enriching the financial advantages of the Wix Partner ProgramNEW YORK, Jan. 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced a new revenue sharing plan for Partners creating on Wix Studio, the ultimate creation platform built for agencies and freelancers. The new revenue share plan is part of the exclusive Wix ...
1 Forgotten Internet Stock Darling Rebounded 60% in 2023 -- Is It Too Late to Buy for 2024?
The Motley Fool· 2023-12-25 07:20
We've come a long way from 2020 and 2021 when digital economy stocks were soaring to impossible heights. Some of these stocks have ceased to exist. Others have fallen hard as the economy has reopened and rebuilt from the worst effects of the pandemic. And some forgotten companies are quietly making comebacks.I almost forgot I had left shares of Wix.com (WIX 1.20%) in my portfolio, and I'm glad I did. The former website building and internet stock darling rebounded some 60% in 2023. Though the stock price do ...