Wix.com Ltd. : Good timing to anticipate a continuation of the trend
Entry price | Target | Stop-loss | Potential |
---|
US$183.75 |
US$305 |
US$147 |
+65.99% |
---|
The timing appears opportune to go long in shares of Wix.com Ltd. as we anticipate another pick-up in the underlying trend.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Strengths● Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 45% by 2026.
● The earnings growth currently anticipated by analysts for the coming years is particularly strong.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Analyst opinion has improved significantly over the past four months.
Weaknesses● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 83.07 times its estimated earnings per share for the ongoing year.
● With an enterprise value anticipated at 5.2 times the sales for the current fiscal year, the company turns out to be overvalued.
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