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Shopify (SHOP)
NYSE:SHOP
Holding SHOP?
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SHOP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.56 - $91.57
Previous Close$87.12
Volume20.01M
Average Volume (3M)5.55M
Market Cap
$112.55B
Enterprise Value$108.67B
Total Cash (Recent Filing)$5.02B
Total Debt (Recent Filing)$1.14B
Price to Earnings (P/E)88.8
Beta2.71
Next Earnings
Nov 12, 2024EPS Estimate
$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.98
Shares Outstanding1,290,386,504
10 Day Avg. Volume6,677,196
30 Day Avg. Volume5,546,787
Standard Deviation0.18
R-Squared0.49
Alpha0.00172
Financial Highlights & Ratios
Price to Book (P/B)12.66
Price to Sales (P/S)14.91
Price to Cash Flow (P/CF)85.10
P/FCF Ratio86.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue19.34
Enterprise Value/Gross Profit30.92
Enterprise Value/Ebitda153.49
Forecast
1Y Price Target
$85.31Price Target Upside-5.20% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Shopify News
Bulls Say, Bears Say
Bulls Say
Advertising RevenueShopify has a sizable advertising revenue opportunity, leveraging prized shopper data across various business segments.
Enterprise GrowthNew logo wins in the enterprise opportunity are expected to continue to increase in size and quality, remaining the biggest opportunity for SHOP to sustain top-line growth.
International Sales GrowthShopify's cross border sales solution, now integrated into the admin/dashboard, makes it easier for U.S. merchants to explore international opportunities.
Bears Say
Financial PerformanceConcerns arise over modest sales and marketing deleverage due to elevated performance marketing spend.
Growth Expectations3Q merchant checks indicate a 17% year-over-year average growth, falling short of the 22.5% GMV growth estimate.
Operational EfficiencyIntegrating Shopify's POS terminals with other internal systems can be time-consuming, affecting operational efficiency.
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Ownership Overview
0.21% Insiders
20.12% Mutual Funds
9.33% Other Institutional Investors
62.11% Public Companies and Individual Investors
Risk Analysis
Sorry, No Data AvailableWe provide Risk Factor analysis for U.S. stocks that have been publicly traded for at least a year.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Shopify
Desktop Users
Mobile Users
SHOP FAQ
What was Shopify’s price range in the past 12 months?
Shopify lowest stock price was $48.56 and its highest was $91.57 in the past 12 months.
What is Shopify’s market cap?
Currently, no data Available
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Nov 12, 2024 which is yesterday.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Aug 07, 2024. The company reported $0.257 earnings per share for the quarter, beating the consensus estimate of $0.201 by $0.055.
Is Shopify overvalued?
According to Wall Street analysts Shopify’s price is currently Overvalued.
Does Shopify pay dividends?
Shopify does not currently pay dividends.
What is Shopify’s EPS estimate?
Shopify’s EPS estimate is $0.27.
How many shares outstanding does Shopify have?
Shopify has 1,212,463,000 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of $0.257 in its last earnings report, beating expectations of $0.201. Following the earnings report the stock price went up 17.835%.
Which hedge fund is a major shareholder of Shopify?
Among the largest hedge funds holding Shopify’s share is Sands Capital Management LLC. It holds Shopify’s shares valued at 973M.
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Shopify Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$85.31 (-5.20% Downside)
$85.31 (-5.20% Downside)
Blogger Sentiment
Bullish
SHOP Sentiment 89%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.70%
12-Months-Change
Fundamentals
Return on Equity
15.32%
Trailing 12-Months
Asset Growth
16.93%
Trailing 12-Months
Company Description
Shopify
Founded in 2004, Canada-based Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops.
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SHOP Company Deck
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SHOP Earnings Call
Q2 2024
0:00 / 0:00
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SHOP Stock 12 Month Forecast
Average Price Target
$85.31
▼(-5.20% Downside)
Technical Analysis
Best Analysts Covering SHOP
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+76.69%
reiterated a buy rating 3 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +76.69% per trade.
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