Wix.com (WIX) Surpasses Market Returns: Some Facts Worth Knowing

Wix.com (WIX) rose 1.69% to $73.35 in the latest session, outperforming the S&P 500's 0.2% gain. However, the stock has declined 16.8% over the past month, underperforming its sector. The company is expected to report lower EPS of $1.32 (down 21.43% YoY) but revenue growth of $566.94 million (up 12.22% YoY). WIX holds a Zacks Rank #3 (Hold) with a Forward P/E of 16.87, trading at a premium to its industry average of 12.53.