Shopify Company Profile (NYSE:SHOP)

About Shopify

Shopify logoShopify Inc is a Canada-based company engaged in the offering cloud-based, multi-channel commerce platform. The Company's platform is designed for small and medium-sized businesses. Using a single interface, the Company's merchants can design, set up and manage their business across multiple sales channels, including Web and mobile storefronts, social media storefronts and physical retail locations. The Company's platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting. The Company's merchants use its platform to sell online, in retail stores and on the go.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SHOP
  • CUSIP:
Key Metrics:
  • Previous Close: $63.08
  • 50 Day Moving Average: $51.14
  • 200 Day Moving Average: $43.92
  • 52-Week Range: $19.51 - $63.93
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 450.57
  • P/E Growth: -33.00
  • Market Cap: $5.66B
  • Outstanding Shares: 88,958,000
  • Beta: 1.09
Profitability:
  • Net Margins: -9.96%
  • Return on Equity: -13.30%
  • Return on Assets: -10.70%
Debt:
  • Debt-to-Equity Ratio: 0.03%
  • Current Ratio: 6.91%
  • Quick Ratio: 6.91%
Additional Links:
Companies Related to Shopify:

Analyst Ratings

Consensus Ratings for Shopify (NYSE:SHOP) (?)
Ratings Breakdown: 5 Hold Ratings, 22 Buy Ratings
Consensus Rating:Buy (Score: 2.81)
Consensus Price Target: $56.44 (10.53% downside)

Analysts' Ratings History for Shopify (NYSE:SHOP)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Canaccord GenuityReiterated RatingBuy$52.00 -> $68.00View Rating Details
2/16/2017Summit RedstoneBoost Price TargetBuy$48.00 -> $69.00View Rating Details
2/16/2017Susquehanna Bancshares IncBoost Price TargetBuy$48.00 -> $69.00View Rating Details
2/16/2017Summit ResearchBoost Price TargetBuy$48.00 -> $69.00View Rating Details
2/16/2017MackieBoost Price TargetBuy$60.00 -> $70.00View Rating Details
2/16/2017WedbushBoost Price TargetOutperform$50.00 -> $75.00View Rating Details
2/15/2017Robert W. BairdBoost Price TargetOutperform$48.00 -> $69.00View Rating Details
2/13/2017BTIG ResearchReiterated RatingBuy$55.00 -> $65.00View Rating Details
2/13/2017Monness Crespi & HardtBoost Price TargetBuy$50.00 -> $63.00View Rating Details
2/13/2017Royal Bank Of CanadaBoost Price TargetOutperform$52.00 -> $63.00View Rating Details
2/13/2017RBC Capital MarketsReiterated RatingBuy$52.00 -> $63.00View Rating Details
1/5/2017Rosenblatt SecuritiesReiterated RatingBuy$50.00View Rating Details
12/6/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$70.00View Rating Details
12/1/2016Citigroup Inc.Initiated CoverageMarket PerformView Rating Details
11/3/2016Credit Suisse GroupReiterated RatingBuy$50.00View Rating Details
11/2/2016Piper Jaffray CompaniesReiterated RatingBuy$50.00View Rating Details
10/25/2016Roth CapitalSet Price TargetBuy$49.00View Rating Details
10/17/2016Dundee SecuritiesInitiated CoverageNeutral$45.00View Rating Details
10/9/2016KeyCorpReiterated RatingBuyView Rating Details
10/7/2016Pacific CrestReiterated RatingBuyView Rating Details
10/4/2016Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$53.00View Rating Details
9/29/2016CIBCInitiated CoverageSector OutperformView Rating Details
9/28/2016Morgan StanleyDowngradeOverweight -> Equal Weight$37.00 -> $47.00View Rating Details
9/14/2016MacquarieSet Price TargetBuy$52.00View Rating Details
8/12/2016Bank of America CorpInitiated CoverageNeutral$44.00View Rating Details
5/26/2016Maxim GroupInitiated CoverageHoldView Rating Details
4/14/2016Paradigm CapitalInitiated CoverageBuy$35.00View Rating Details
2/18/2016Raymond James Financial, Inc.Lower Price Target$33.00 -> $30.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Shopify (NYSE:SHOP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
11/2/2016Q316($0.03)($0.02)$94.62 million$99.60 millionViewN/AView Earnings Details
8/3/2016Q216($0.08)($0.04)$80.62 million$86.36 millionViewN/AView Earnings Details
5/4/2016Q116($0.09)($0.06)$66.89 million$72.70 millionViewN/AView Earnings Details
2/17/2016Q415($0.06)($0.01)$61.20 million$70.20 millionViewListenView Earnings Details
11/4/2015Q315($0.06)($0.06)$47.64 million$52.80 millionViewN/AView Earnings Details
7/30/2015Q215($0.12)($0.03)$38.10 million$44.90 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Shopify (NYSE:SHOP)
Current Year EPS Consensus Estimate: $-0.15 EPS
Next Year EPS Consensus Estimate: $0.14 EPS

Dividends

Dividend History for Shopify (NYSE:SHOP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Shopify (NYSE:SHOP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Shopify (NYSE:SHOP)
DateHeadline
finance.yahoo.com logoTime to Shop for Shopify Inc.? (NYSE:SHOP)
ca.finance.yahoo.com - February 21 at 5:04 PM
fool.com logo10 Metrics Behind Shopify Stock's Mind-Boggling 200% Rise (NYSE:SHOP)
www.fool.com - February 21 at 5:04 PM
4-traders.com logoShopify : ParcelPal Announces Approval by Shopify for App Store (NYSE:SHOP)
www.4-traders.com - February 20 at 6:59 PM
finance.yahoo.com logoParcelPal Announces Approval by Shopify for App Store (NYSE:SHOP)
finance.yahoo.com - February 20 at 6:59 PM
finance.yahoo.com logoSHOPIFY INC. Financials (NYSE:SHOP)
finance.yahoo.com - February 18 at 6:50 PM
capitalcube.com logoShopify, Inc. :SHOP-US: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (NYSE:SHOP)
www.capitalcube.com - February 17 at 7:36 PM
News IconShopify (NYSE:SHOP) Receives Buy Rating From Susquehanna Financial Analysts (NYSE:SHOP)
giftedviz.com - February 16 at 7:32 PM
sg.finance.yahoo.com logoShopify reports 4Q loss (NYSE:SHOP)
us.rd.yahoo.com - February 16 at 7:32 PM
us.rd.yahoo.com logoShopify Q4 Earnings, Q1 Revenue Guidance Beat, Shares Up (NYSE:SHOP)
us.rd.yahoo.com - February 16 at 7:32 PM
us.rd.yahoo.com logoEdited Transcript of SHOP earnings conference call or presentation 15-Feb-17 1:30pm GMT (NYSE:SHOP)
us.rd.yahoo.com - February 16 at 7:32 PM
capitalcube.com logoShopify, Inc. :SHOP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 16, 2017 (NYSE:SHOP)
us.rd.yahoo.com - February 16 at 7:32 PM
fool.com logoWhy Shopify Inc. Stock Surged 18.5% in January (NYSE:SHOP)
www.fool.com - February 14 at 3:22 PM
News IconMonness Crespi & Hardt Just Issued “Buy” Rating on Shopify Inc (SHOP) - Highland Mirror (NYSE:SHOP)
www.highlandmirror.com - February 14 at 6:19 AM
News IconShopify Receives a Buy from RBC Capital - Analyst Ratings (NYSE:SHOP)
www.analystratings.com - February 13 at 8:23 AM
News IconShopify Inc (NYSE:SHOP) EPS Projection Set At $-0.074 - Transcript Daily (NYSE:SHOP)
transcriptdaily.com - February 12 at 7:43 PM
fool.com logo1 Number to Watch When Shopify Reports Earnings - Motley Fool (NYSE:SHOP)
www.fool.com - February 12 at 7:43 PM
fool.com logo1 Number to Watch When Shopify Reports Earnings (NYSE:SHOP)
www.fool.com - February 12 at 7:43 PM
News Icon10 Killer Brand Advocacy Campaigns All Ecommerce Sellers Can Learn From (NYSE:SHOP)
www.inc.com - February 12 at 8:01 AM
News IconShopify CEO defends decision to continue supporting Breitbart (NYSE:SHOP)
www.itbusiness.ca - February 11 at 1:59 AM
realistinvestor.com logoResearch Analysts Set Shopify Inc (NYSE:SHOP) Price Target at $47.692 (NYSE:SHOP)
www.realistinvestor.com - February 11 at 1:59 AM
theglobeandmail.com logoShopify caught in political crossfire over refusal to drop Breitbart webstore - The Globe and Mail (NYSE:SHOP)
www.theglobeandmail.com - February 10 at 3:19 AM
News IconTony Robbins on Why Too Much Passion May Doom Your Startup (NYSE:SHOP)
www.inc.com - February 8 at 6:02 AM
prnewswire.com logoResearch Reports Initiation on Application Software Stocks -- Shopify, Cornerstone OnDemand, SAP SE, and Ellie Mae - PR Newswire (press release) (NYSE:SHOP)
www.prnewswire.com - February 6 at 8:26 AM
News IconShopify Inc (NYSE:SHOP) EPS Predicted At $-0.074 – Transcript Daily - Transcript Daily (NYSE:SHOP)
transcriptdaily.com - January 31 at 2:33 AM
finance.yahoo.com logoMy Top Canadian Tech Pick for 2017 (NYSE:SHOP)
ca.finance.yahoo.com - January 30 at 9:31 PM
bloomberg.com logoCanadian CEOs Urge Trudeau to Take Rejected U.S. Tech Workers (NYSE:SHOP)
www.bloomberg.com - January 30 at 9:31 PM
News IconStock Perspective: Shopify Inc (NYSE:SHOP) Earnings in View - Aiken Advocate (NYSE:SHOP)
aikenadvocate.com - January 29 at 8:25 PM
News IconShopify Inc (NYSE:SHOP) Stock Price Target Given At $47.692 - Transcript Daily (NYSE:SHOP)
transcriptdaily.com - January 29 at 12:58 AM
News Icon3 Quotes from the CEO of Shopify Inc that Every Investor Needs to Read - Fox Business (NYSE:SHOP)
www.foxbusiness.com - January 29 at 12:58 AM
News IconWhat are Analysts Expecting for Shopify Inc (NYSE:SHOP) Earnings? - Aiken Advocate (NYSE:SHOP)
aikenadvocate.com - January 27 at 3:15 AM
thestreet.com logoShopify Partnering With Amazon Is a Huge Step; Continued Growth Seems Likely (NYSE:SHOP)
www.thestreet.com - January 27 at 3:15 AM
News IconShopify Inc (NYSE:SHOP) News Impact Score At 0 - Stock Observer (NYSE:SHOP)
www.thestockobserver.com - January 26 at 4:52 AM
News IconTag Archives: 2017 Build a BIGGER Business competition (NYSE:SHOP)
eprretailnews.com - January 25 at 5:29 AM
finance.yahoo.com logoShopify to Announce Fourth-Quarter 2016 Financial Results February 15, 2017 (NYSE:SHOP)
finance.yahoo.com - January 25 at 5:29 AM
businesswire.com logoShopify Partners with Tony Robbins to Launch Business ... - Business Wire (press release) (NYSE:SHOP)
www.businesswire.com - January 23 at 8:10 PM
News IconStock Touches New High Post-Inauguration: Shopify Inc. (NYSE:SHOP) - Wall Street Beacon (NYSE:SHOP)
wsbeacon.com - January 23 at 8:10 PM
finance.yahoo.com logoShopify Partners with Tony Robbins to Launch Business Competition for Rising Entrepreneurs (NYSE:SHOP)
au.finance.yahoo.com - January 23 at 8:10 PM
News IconWhy Shopify Inc. Stock Surged in 2016 - Fox Business (NYSE:SHOP)
www.foxbusiness.com - January 23 at 8:39 AM
fool.com logoWhy Shopify Inc. Stock Surged in 2016 (NYSE:SHOP)
www.fool.com - January 22 at 11:08 AM
News IconWatching ADX Levels for Shopify Inc. (SHOP) - Springdale Times (NYSE:SHOP)
springdaletimes.com - January 21 at 7:31 PM
News IconShopify Inc (NYSE:SHOP) Price Forecast For Stock At $46.461 - Transcript Daily (NYSE:SHOP)
transcriptdaily.com - January 16 at 1:26 PM
News IconShopify Inc (NYSE:SHOP) Rating Fixed At 1.72 - Stock Observer (NYSE:SHOP)
www.thestockobserver.com - January 16 at 1:26 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Shopify Inc. (NYSE:SHOP) - Wall Street Beacon (NYSE:SHOP)
wsbeacon.com - January 15 at 8:11 AM
News IconShopify eCommerce Developers (NYSE:SHOP)
www.artipot.com - January 14 at 6:10 AM
News IconWhat Analysts Report Indicates About Shopify Inc (NYSE:SHOP)? - Transcript Daily (NYSE:SHOP)
transcriptdaily.com - January 11 at 11:16 PM
News Icon3 Reasons Investors Should Keep an Eye on Shopify Inc - Madison.com (NYSE:SHOP)
host.madison.com - January 11 at 11:16 PM
us.rd.yahoo.com logoTech Stocks to Keep an Eye on in the New Year (NYSE:SHOP)
us.rd.yahoo.com - January 11 at 3:52 AM
fool.ca logoShopify Inc.: Canada's Top Tech Stock? - The Motley Fool Canada (NYSE:SHOP)
www.fool.ca - January 10 at 10:50 PM
News IconTwo Stocks in Concentration: Newfield Exploration Co. (NYSE:NFX), Shopify Inc. (NYSE:SHOP) - The Newburgh Press (NYSE:SHOP)
newburghpress.com - January 9 at 10:34 PM
News IconEPS Of Shopify Inc (NYSE:SHOP) Predicted At $-0.074 - Transcript Daily (NYSE:SHOP)
transcriptdaily.com - January 9 at 10:34 PM

Social

What is Shopify's stock symbol?

Shopify trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHOP."

Where is Shopify's stock going? Where will Shopify's stock price be in 2017?

27 analysts have issued 12-month price targets for Shopify's shares. Their forecasts range from $35.00 to $75.00. On average, they expect Shopify's stock price to reach $56.44 in the next twelve months.

When will Shopify announce their earnings?

Shopify is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Shopify stock?

Here are some recent quotes from research analysts about Shopify stock:

  • Wedbush analysts commented, "We expect Shopify to continue to grow at above-ecommerce market growth rates for the foreseeable future as it continues to penetrate its sizable SMB TAM and makes in-roads with larger brands. FY16 ends on a high note. Q4 results topped expectations as revenue grew 86% YoY to $130.4 million coming in well ahead of both consensus of $121.6 million and the guidance range of $120-$122 million. Revenue growth was driven by strong execution across the board." (2/16/2017)
  • Robert W. Baird analysts commented, "Shopify reported Q4 results above consensus on the top and bottom line, driven by strength across both Subscription and Merchant solutions. Looking ahead, management plans to continue making investments in product to improve functionality for merchants, leverage existing data, and expand the partner/developer ecosystem. We believe that Shopify's value proposition for SMBs remains top-of-class, and expect a stable revenue growth trajectory benefiting from increasing Shopify Plus adoption and deepening merchant engagement. Maintain Outperform rating with a new $69 price target." (2/15/2017)
  • According to Zacks Investment Research, "Shopify Inc. offers cloud-based commerce platform. The Company's platform provides merchants to design, set up and manage their stores through Web, mobile, social media, brick-and-mortar locations and pop-up shops. Shopify Inc. is based in Ottawa, Canada. " (11/9/2016)

  • Morgan Stanley analysts commented, "We recognize investor preference for a faster timeline to profitability but see the company’s effort to drive merchant growth and maximize platform value as the right long-term move." (5/5/2016)

Who owns Shopify stock?

Shopify's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (12.82%), Light Street Capital Management LLC (1.55%), Renaissance Technologies LLC (1.45%), Scge Management L.P. (0.98%), Federated Investors Inc. PA (0.53%) and Castleark Management LLC (0.36%).

Who sold Shopify stock? Who is selling Shopify stock?

Shopify's stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Light Street Capital Management LLC, Two Sigma Investments LP, FIL Ltd, Royce & Associates LP, Turner Investments LLC, Renaissance Technologies LLC and Barometer Capital Management Inc..

Who bought Shopify stock? Who is buying Shopify stock?

Shopify's stock was purchased by a variety of institutional investors in the last quarter, including Scge Management L.P., Nicholas Investment Partners LP, FMR LLC, Bessemer Group Inc., Russell Investments Group Ltd., Waratah Capital Advisors Ltd., Paulson & CO. Inc. and Advisory Research Inc..

How do I buy Shopify stock?

Shares of Shopify can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Shopify stock cost?

One share of Shopify stock can currently be purchased for approximately $63.08.

Shopify (NYSE:SHOP) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Shopify (NYSE:SHOP)

Earnings History Chart

Earnings by Quarter for Shopify (NYSE:SHOP)

Dividend History Chart

Dividend Payments by Quarter for Shopify (NYSE:SHOP)

Last Updated on 2/22/2017 by MarketBeat.com Staff