How to Buy Wixcom Stock
Wixcom Ltd
Wix. com Ltd. , together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally.
Wixcom stock last closed at $121.41, down 0.3% from the previous day, and has increased 33.62% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.22 percentage points. Wixcom stock is currently +65.43% from its 52-week low of $73.39, and -16.96% from its 52-week high of $146.21.
There are currently 57.17M shares of WIX outstanding. The market value of WIX is $6.94B. In the past 24 hours, 470,217 WIX shares were traded.
How to Buy Wixcom Stock
Not sure how to invest in Wixcom stock? Here's how.
- Decide where to buy Wixcom stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Wixcom stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your details.
- Research Wixcom stock: The Wixcom ticker symbol is WIX. Is Wixcom stock a good investment? Should you buy shares of WIX? How do WIX's underlying business fundamentals look? Do top analysts think Wixcom is a good buy? Why has WIX's stock price moved recently? (Hint: Our stock market research tools can help you decide if WIX is a good stock to buy).
- Execute your WIX purchase: Decide if you will purchase WIX shares at the current market price or use a limit order to buy WIX shares at a given price.
- Keep tabs on your WIX investment: Create a watchlist to keep tabs on your new investment in Wixcom stock.
Step 1: Decide where to buy Wixcom stock
You will need an online brokerage account in order to access the NASDAQ market and buy WIX stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can buy WIX stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock app to use, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your investment account.
Step 4: Research Wixcom stock
After you have selected the best place to buy Wixcom stock, it's very important to evaluate their stock before you invest, so you can understand the risk and upside.
Overview of key WIX info
Wixcom Overview
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on WIX's stock page.
Is WIX stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge WIX's fair value.
Using relative valuations ratios:
- WIX may be overvalued based on its P/E ratio of 209.33x, relative to Software - Infrastructure industry P/E ratio of 73.56x
You can do more valuation research on WIX's stock here.
WIX Financials at a glance
Signs that WIX is financially healthy:
- There are more short-term assets than long-term liabilities on the WIX balance sheet.
- There are more short-term assets than short-term liabilities on the WIX balance sheet.
- WIX earnings of -$24.64M is not sufficient to cover its interest payments.
- WIX's operating cash flow of $248.25M allows it to safely service it's debt of $996.32M.
- WIX profit margin has gone up from -30.6% to 2.1% in the past year.
Signs that WIX is not financially healthy:
- WIX debt to equity ratio of -34.11 is negative.
- Total WIX debt is still negative.
Is it a good time to buy Wixcom stock, according to analysts?
Out of 11 Equities analysts who monitor WIX, the consensus analyst rating on WIX is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent WIX Analyst Upgrades/Downgrades
Trevor Young, a top 31% analyst from Barclays maintains WIX with a strong buy rating and raises their WIX price target from $147.00 to $160.00, on Feb 22, 2024.
Bernie McTernan, a bottom 1% analyst from Needham maintains WIX with a buy rating and raises their WIX price target from $150.00 to $160.00, on Feb 22, 2024.
Clarke Jeffries, a bottom 9% analyst from Piper Sandler maintains WIX with a strong buy rating and raises their WIX price target from $146.00 to $165.00, on Feb 22, 2024.
Andrew Boone, a top 5% analyst from JMP Securities maintains WIX with a buy rating and raises their WIX price target from $130.00 to $150.00, on Jan 24, 2024.
Michael McGovern, a top 33% analyst from Bank of America reinstates WIX with a strong buy rating and announces their WIX price target of $126.00, on Dec 8, 2023.
You can dig deeper into what analysts are saying on the Wixcom stock forecast page.
WIX Momentum
How is WIX performing as a company?
Last year, WIX revenue was $1.56B. Over the last 5 year, WIX's revenue has grown by 20.94% per year. This was faster than the Software - Infrastructure industry average of 16.98%.
Dig into WIX's earnings and revenue performance here.
What are WIX insiders up to?
Over the past year, insiders at WIX have not bought or sold any shares.
Research more about who owns WIX shares here.
Does WIX stock generate passive income?
No, Wixcom doesn't provide an income stream by paying out dividends.
What do other investors have to say about WIX?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your WIX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will place your order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your WIX investment
Now that you own some WIX stock, you'll want to stay up-to-date on your new investment.
Put WIX on a watchlist to keep tabs on your WIX stock.
WIX Feed
How to Buy Stock in Wixcom
To reiterate, here are the 6 steps to buy Wixcom stock:
- Decide where to buy Wixcom stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Wixcom stock
- Execute your WIX purchase
- Keep tabs on your WIX investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Wixcom, create a watchlist today.
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