Wix.com (WIX) Earns Media Sentiment Rating of 0.09
News articles about Wix.com (NASDAQ:WIX) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wix.com earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 45.557141015012 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Wix.Com Ltd (WIX) Awesome Oscillator Building Momentum – Evergreen Caller (evergreencaller.com)
- Wix.com Ltd. (WIX) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Intraday Movers: Wix.Com Ltd (NASDAQ:WIX), Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) – Newburgh Gazette (newburghgazette.com)
- Wix.com Ltd. – Ordinary Shares (NASDAQ:WIX) Sees Heavy … – First News 24 (firstnewspaper24.com)
A number of analysts have commented on WIX shares. Cantor Fitzgerald downgraded shares of Wix.com from an “overweight” rating to a “neutral” rating and boosted their price target for the stock from $65.00 to $80.00 in a research report on Tuesday, April 11th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Wix.com in a research report on Thursday, April 13th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Wix.com from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. Royal Bank Of Canada restated a “hold” rating and set a $59.00 price target on shares of Wix.com in a research report on Friday, April 21st. Finally, Stephens downgraded shares of Wix.com from an “overweight” rating to an “equal weight” rating in a research report on Thursday, April 27th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Wix.com currently has an average rating of “Buy” and a consensus price target of $71.59.
Shares of Wix.com (WIX) traded down 3.98% during trading on Friday, hitting $60.25. 721,716 shares of the stock traded hands. The company has a 50 day moving average of $71.54 and a 200-day moving average of $68.75. The company’s market cap is $2.73 billion. Wix.com has a 1-year low of $35.58 and a 1-year high of $86.15.
Wix.com (NASDAQ:WIX) last released its earnings results on Thursday, July 27th. The information services provider reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by $0.16. The business had revenue of $103.50 million for the quarter, compared to the consensus estimate of $101.93 million. During the same quarter in the previous year, the firm posted ($0.09) EPS. The company’s revenue for the quarter was up 50.7% on a year-over-year basis. On average, equities analysts anticipate that Wix.com will post $0.26 EPS for the current fiscal year.
Wix.com Company Profile
Wix.com Ltd. (Wix) is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments.
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