Shopify Inc (US) Company Profile (NYSE:SHOP)

About Shopify Inc (US) (NYSE:SHOP)

Shopify Inc (US) logoShopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify 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 all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites. Its merchants are able to offer their customers the ability to check out by using Apple Pay.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: E-commerce & Auction Services
  • Sub-Industry: N/A
  • Symbol: NYSE:SHOP
  • CUSIP: N/A
  • Web: https://www.shopify.com
Capitalization:
  • Market Cap: $8.59 billion
  • Outstanding Shares: 91,425,000
Average Prices:
  • 50 Day Moving Avg: $90.76
  • 200 Day Moving Avg: $73.91
  • 52 Week Range: $31.83 - $100.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 626.13
  • P/E Growth: -25.96
Sales & Book Value:
  • Annual Revenue: $443.99 million
  • Price / Sales: 19.34
  • Book Value: $4.50 per share
  • Price / Book: 20.87
Profitability:
  • EBIDTA: ($29,800,000.00)
  • Net Margins: -10.68%
  • Return on Equity: -13.28%
  • Return on Assets: -11.00%
Debt:
  • Debt-to-Equity Ratio: 0.03%
  • Current Ratio: 5.65%
  • Quick Ratio: 5.65%
Misc:
  • Average Volume: 2.24 million shs.
  • Beta: 1.23
  • Short Ratio: 0.87
 
Frequently Asked Questions for Shopify Inc (US) (NYSE:SHOP)

What is Shopify Inc (US)'s stock symbol?

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

How were Shopify Inc (US)'s earnings last quarter?

Shopify Inc (US) (NYSE:SHOP) issued its earnings results on Tuesday, May, 2nd. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.22) by $0.07. The firm earned $127.40 million during the quarter, compared to analysts' expectations of $121.67 million. Shopify Inc (US) had a negative net margin of 10.68% and a negative return on equity of 13.28%. The firm's revenue was up 75.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.06) earnings per share. View Shopify Inc (US)'s Earnings History.

When will Shopify Inc (US) make its next earnings announcement?

Shopify Inc (US) is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Shopify Inc (US).

Where is Shopify Inc (US)'s stock going? Where will Shopify Inc (US)'s stock price be in 2017?

35 equities research analysts have issued 12-month target prices for Shopify Inc (US)'s stock. Their predictions range from $40.00 to $134.00. On average, they expect Shopify Inc (US)'s share price to reach $79.75 in the next twelve months. View Analyst Ratings for Shopify Inc (US).

What are analysts saying about Shopify Inc (US) stock?

Here are some recent quotes from research analysts about Shopify Inc (US) stock:

  • 1. Maxim Group analysts commented, "Shopify’s 1Q17 sales, adj. EBITDA, and adj." (5/3/2017)
  • 2. BTIG Research analysts commented, "The +60% run in the stock YTD may trigger thoughts of irrational exuberance (or at least lofty expectations), but we view it instead as the natural outcome when a company achieves perfect product/market fit. It's no secret that digital commerce is a long run secular trend (the market piece of the puzzle), and no one makes it easier to participate in it than Shopify (the product piece). By effectively growing the pool of sellers beyond traditional retailers and Amazon (AMZN, Not Rated), the company has claimed a disproportionate share of gross merchandise value. And despite stellar performance since going public in May 2015, we still think Shopify is in the early stages of its growth cycle; a perfect product/market fit (along with a benign competitive environment) should sustain its strong trajectory. Expectations are rising as investors start to appreciate the company's true potential, and a valuation of 7x EV/FY18 Revenues may look lofty to some; however, we believe that the incredible product/market fit justifies the premium. Moreover, it should also serve as the foundation for continued financial outperformance. Maintain Buy." (3/21/2017)
  • 3. Pacific Crest analysts commented, "With considerable runway ahead and multiple upside drivers, Shopify continues to be our favorite growth name to own. We are rolling out our 2021 model, and see a path to $1.7 billion in revenue and $90 billion in GMV, which would make Shopify a key data asset. Given its leading SaaS growth, a premium valuation is deserved. We are buyers and are raising our target to $78 (from $66)." (3/21/2017)
  • 4. 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. " (2/23/2017)
  • 5. 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)

Who are some of Shopify Inc (US)'s key competitors?

Who are Shopify Inc (US)'s key executives?

Shopify Inc (US)'s management team includes the folowing people:

  • Tobias Albin Lutke, Chairman of the Board, Chief Executive Officer, Co-Founder
  • Russell Norman Jones, Chief Financial Officer
  • Harley Michael Finkelstein, Chief Operating Officer
  • Joseph Andrew Frasca, Senior Vice President, General Counsel, Secretary
  • Brittany Jean Forsyth, Senior Vice President - Human Relations
  • Jean-Michel Lemieux, Senior Vice President - Engineering
  • Toby Shannan, Senior Vice President - Support
  • Craig Stuart Miller, Chief Marketing Officer
  • Daniel Weinand, Chief Design Officer
  • Robert Gerard Ashe, Lead Independent Director

When did Shopify Inc (US) IPO?

(SHOP) raised $100 million in an initial public offering on Thursday, May 21st 2015. The company issued 7,700,000 shares at $12.00-$14.00 per share. Morgan Stanley, Credit Suisse and RBC Capital Markets served as the underwriters for the IPO and Pacific Crest Securities, Raymond James and Canaccord Genuity were co-managers.

Who owns Shopify Inc (US) stock?

Shopify Inc (US)'s stock is owned by many different of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.33%), Barton Investment Management (0.28%), Huntington National Bank (0.04%), Insight Capital Research & Management Inc. (0.03%), Shell Asset Management Co. (0.03%) and Mn Services Vermogensbeheer B.V. (0.01%). View Institutional Ownership Trends for Shopify Inc (US).

Who sold Shopify Inc (US) stock? Who is selling Shopify Inc (US) stock?

Shopify Inc (US)'s stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Peregrine Capital Management LLC, Insight Capital Research & Management Inc., Meridian Wealth Management LLC, Independent Portfolio Consultants Inc., Boyd Watterson Asset Management LLC OH and Pier 88 Investment Partners LLC. View Insider Buying and Selling for Shopify Inc (US).

Who bought Shopify Inc (US) stock? Who is buying Shopify Inc (US) stock?

Shopify Inc (US)'s stock was acquired by a variety of institutional investors in the last quarter, including Barton Investment Management, Shell Asset Management Co., Huntington National Bank, Mn Services Vermogensbeheer B.V., Eqis Capital Management Inc., ING Groep NV, Dubuque Bank & Trust Co. and Nadler Financial Group Inc.. View Insider Buying and Selling for Shopify Inc (US).

How do I buy Shopify Inc (US) stock?

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

What is Shopify Inc (US)'s stock price today?

One share of Shopify Inc (US) stock can currently be purchased for approximately $93.92.


MarketBeat Community Rating for Shopify Inc (US) (NYSE SHOP)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  373 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  558
MarketBeat's community ratings are surveys of what our community members think about Shopify Inc (US) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Shopify Inc (US) (NYSE:SHOP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 14 Hold Ratings, 20 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $79.75 (15.09% downside)

Analysts' Ratings History for Shopify Inc (US) (NYSE:SHOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/26/2017Roth CapitalBoost Price TargetBuy$92.00 -> $101.00HighView Rating Details
7/18/2017Robert W. BairdReiterated RatingOutperform$95.00MediumView Rating Details
7/13/2017William BlairReiterated RatingMarket PerformLowView Rating Details
7/12/2017Benchmark Co.Initiated CoverageHold -> HoldHighView Rating Details
6/26/2017SunTrust Banks, Inc.Initiated CoverageHold$90.00HighView Rating Details
6/23/2017StephensReiterated RatingEqual Weight$97.00HighView Rating Details
6/13/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$100.80 -> $96.00LowView Rating Details
5/26/2017Industrial Alliance SecuritiesBoost Price TargetBuy$87.00 -> $134.00LowView Rating Details
5/23/2017CSFBReiterated RatingOutperform$128.00LowView Rating Details
5/23/2017Credit Suisse GroupReiterated RatingOutperform -> Outperform$95.00LowView Rating Details
5/3/2017Royal Bank Of CanadaBoost Price TargetSector Perform$77.00 -> $78.00LowView Rating Details
5/3/2017WedbushBoost Price TargetOutperform$85.00 -> $95.00LowView Rating Details
5/3/2017Morgan StanleyBoost Price TargetEqual Weight$80.00 -> $87.00LowView Rating Details
5/3/2017Barclays PLCBoost Price TargetEqual Weight$64.00 -> $70.00LowView Rating Details
5/3/2017Eight CapitalUpgradeNeutral -> BuyLowView Rating Details
5/3/2017Maxim GroupReiterated RatingHoldLowView Rating Details
5/3/2017Bank of America CorporationDowngradeNeutral -> Underperform$62.00 -> $84.00MediumView Rating Details
5/2/2017Canaccord GenuityReiterated RatingBuy$68.00 -> $90.00HighView Rating Details
5/1/2017Monness Crespi & HardtDowngradeBuy -> NeutralHighView Rating Details
4/27/2017BTIG ResearchDowngradeBuy -> NeutralLowView Rating Details
4/26/2017Raymond James Financial, Inc.DowngradeOutperform -> Sector Perform$104.50MediumView Rating Details
4/23/2017MackieReiterated RatingBuy$70.00 -> $95.00MediumView Rating Details
3/21/2017Pacific CrestBoost Price TargetOverweight$66.00 -> $78.00HighView Rating Details
3/2/2017National Bank FinancialReiterated RatingOutperform$80.00N/AView Rating Details
2/16/2017Summit RedstoneBoost Price TargetBuy$48.00 -> $69.00N/AView Rating Details
2/16/2017Susquehanna Bancshares IncBoost Price TargetBuy$48.00 -> $69.00N/AView Rating Details
2/16/2017Summit ResearchBoost Price TargetBuy$48.00 -> $69.00N/AView Rating Details
1/5/2017Rosenblatt SecuritiesReiterated RatingBuy$50.00N/AView Rating Details
12/6/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$70.00N/AView Rating Details
12/1/2016Citigroup Inc.Initiated CoverageMarket PerformN/AView Rating Details
11/2/2016Piper Jaffray CompaniesReiterated RatingBuy$50.00N/AView Rating Details
10/17/2016Dundee SecuritiesInitiated CoverageNeutral$45.00N/AView Rating Details
10/9/2016KeyCorpReiterated RatingBuyN/AView Rating Details
9/29/2016CIBCInitiated CoverageSector OutperformN/AView Rating Details
9/14/2016MacquarieSet Price TargetBuy$52.00N/AView Rating Details
4/14/2016Paradigm CapitalInitiated CoverageBuy$35.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Shopify Inc (US) (NYSE:SHOP)
Earnings by Quarter for Shopify Inc (US) (NYSE:SHOP)
Earnings History by Quarter for Shopify Inc (US) (NYSE SHOP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017($0.07)N/AView Earnings Details
5/2/20173/31/2017($0.22)($0.15)$121.67 million$127.40 millionViewListenView Earnings Details
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 Inc (US) (NYSE:SHOP)
Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $0.15 EPS

Dividends

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

Insider Trades

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

Headlines

Headline Trends for Shopify Inc (US) (NYSE:SHOP)
Latest Headlines for Shopify Inc (US) (NYSE:SHOP)
Source:
DateHeadline
americanbankingnews.com logoShopify Inc. (SHOP) PT Raised to $101.00 at Roth Capital
www.americanbankingnews.com - July 26 at 1:23 PM
finance.yahoo.com logoWhy Vancouver Is Becoming North America’s Next Big Tech Scene
finance.yahoo.com - July 26 at 7:33 AM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:44 AM
finance.yahoo.com logoWhy Shopify's Stock Has Popped 110% in 2017
finance.yahoo.com - July 25 at 6:38 AM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 24 at 12:40 PM
fool.com logoForget Square, Inc.: These 4 Stocks Doubled Last Year - Motley Fool
www.fool.com - July 22 at 8:44 AM
fool.com logoBetter Buy: Shopify Inc. (U.S.) vs. Zendesk Inc.
www.fool.com - July 20 at 10:39 AM
americanbankingnews.com logoShopify Inc. (SHOP) Raised to "Strong-Buy" at Vetr Inc.
www.americanbankingnews.com - July 18 at 12:26 AM
americanbankingnews.com logoWilliam Blair Reiterates Market Perform Rating for Shopify Inc. (SHOP)
www.americanbankingnews.com - July 16 at 5:14 PM
finance.yahoo.com logoTop Analyst Highlights 3 Internet Stocks Ahead of Earnings: Facebook Inc (FB), Shopify Inc (US) (SHOP), Amazon.com, Inc. (AMZN)
finance.yahoo.com - July 16 at 3:54 PM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Expected to Post Quarterly Sales of $143.57 Million
www.americanbankingnews.com - July 14 at 3:56 PM
businesswire.com logoShopify Named Official Commerce Partner of Agenda Festival - Business Wire (press release)
www.businesswire.com - July 14 at 8:21 AM
finance.yahoo.com logoShopify, Inc. breached its 50 day moving average in a Bullish Manner : SHOP-US : July 11, 2017
finance.yahoo.com - July 13 at 9:30 AM
americanbankingnews.com logoShopify (SHOP) versus Points International (PCOM) Critical Survey
www.americanbankingnews.com - July 13 at 8:10 AM
americanbankingnews.com logoShopify Inc. (SHOP) Earns Hold Rating from Analysts at Benchmark Co.
www.americanbankingnews.com - July 12 at 9:00 AM
americanbankingnews.com logoZacks: Analysts Expect Shopify Inc. (NYSE:SHOP) to Post -$0.20 Earnings Per Share
www.americanbankingnews.com - July 12 at 7:56 AM
americanbankingnews.com logoHead-To-Head Survey: Overstock.com (OSTK) versus Shopify (NYSE:SHOP)
www.americanbankingnews.com - July 12 at 7:46 AM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Downgraded by Vetr Inc. to "Buy"
www.americanbankingnews.com - July 12 at 12:44 AM
finance.yahoo.com logoETFs with exposure to Shopify, Inc. : July 10, 2017
finance.yahoo.com - July 11 at 7:41 AM
globenewswire.com logoRewardStream Launches Referral Marketing App to over 400,000 Potential Shopify Merchants
globenewswire.com - July 6 at 9:02 AM
baystreet.ca logoShopify Inc.: Buy on the Dip, or Avoid the Turmoil?
www.baystreet.ca - July 6 at 9:02 AM
americanbankingnews.com logoShopify Inc. (SHOP) Rating Lowered to Buy at BidaskClub
www.americanbankingnews.com - July 5 at 5:02 PM
americanbankingnews.com logoRobert W. Baird Reiterates Outperform Rating for Shopify Inc. (NYSE:SHOP)
www.americanbankingnews.com - July 3 at 10:48 AM
fool.com logoCould Shopify Be a Millionaire Maker Stock? -- The Motley Fool - Motley Fool
www.fool.com - July 1 at 7:27 AM
fool.ca logoShopify Inc. vs. Canopy Growth Corp.: Which Is the Better Long-Term Play? - The Motley Fool Canada
www.fool.ca - June 30 at 6:38 AM
finance.yahoo.com logoShopify, Inc. breached its 50 day moving average in a Bearish Manner : SHOP-US : June 28, 2017
finance.yahoo.com - June 28 at 3:26 PM
bloomberg.com logoVisa Buys Stake in Swedish Financial Technology Company Klarna
www.bloomberg.com - June 28 at 12:55 AM
finance.yahoo.com logoCan Shopify Stock Keep Going After Last Week's 9% Pop?
finance.yahoo.com - June 28 at 12:55 AM
americanbankingnews.com logoShopify Inc. (SHOP) Upgraded by BidaskClub to Strong-Buy
www.americanbankingnews.com - June 27 at 8:22 PM
finance.yahoo.com logoETFs with exposure to Shopify, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 7:54 PM
americanbankingnews.com logoShopify Inc. (SHOP) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 27 at 12:34 PM
bizjournals.com logoCovered-Call reports for Advanced Micro Devices, The Home Depot Inc., Micron, Shopify Inc. and Ubiquiti Networks from InvestorsObserver
www.bizjournals.com - June 27 at 8:17 AM
finance.yahoo.com logoShopify, Inc. :SHOP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 27 at 8:17 AM
americanbankingnews.com logoShopify Inc. (SHOP) Now Covered by Analysts at SunTrust Banks, Inc.
www.americanbankingnews.com - June 26 at 8:54 PM
americanbankingnews.com logoShopify Inc. (SHOP) Receives "Equal Weight" Rating from Stephens
www.americanbankingnews.com - June 23 at 11:17 AM
americanbankingnews.com logoVetr Inc. Downgrades Shopify Inc. (SHOP) to Buy
www.americanbankingnews.com - June 23 at 12:24 AM
investorplace.com logoHow High Can Shopify Inc (US) (SHOP) Stock Fly? - Investorplace.com
investorplace.com - June 22 at 1:31 PM
fool.ca logoShopify Inc.: Could a Larger Dip Be on the Horizon?
www.fool.ca - June 21 at 5:20 AM
investorplace.com logoHow High Can Shopify Inc (US) (SHOP) Stock Fly?
investorplace.com - June 20 at 10:19 AM
nasdaq.com logoWhy You Shouldn't Bet Against Southwest Shopify (SHOP) Stock - Nasdaq
www.nasdaq.com - June 20 at 7:37 AM
americanbankingnews.com logoGoldman Sachs Group, Inc. (The) Lowers Shopify Inc. (SHOP) to Neutral
www.americanbankingnews.com - June 18 at 5:36 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Shopify Inc. (SHOP) Will Post Quarterly Sales of $143.43 Million
www.americanbankingnews.com - June 18 at 10:28 AM
americanbankingnews.com logo-$0.20 EPS Expected for Shopify Inc. (SHOP) This Quarter
www.americanbankingnews.com - June 16 at 10:06 AM
finance.yahoo.com logoKeeping Losses Small Is Critical To Portfolio Progress
finance.yahoo.com - June 15 at 4:45 PM
americanbankingnews.com logoShopify Inc. (SHOP) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - June 14 at 4:40 PM
seekingalpha.com logoShopify's Upside Potential Grows As Moat Strengthens
seekingalpha.com - June 13 at 9:56 AM
americanbankingnews.com logoShopify Inc. (SHOP) Stock Rating Upgraded by Vetr Inc.
www.americanbankingnews.com - June 12 at 9:08 PM
fool.ca logoShopify Inc. Hits a New High: Time to Buy?
www.fool.ca - June 8 at 8:26 AM
americanbankingnews.com logoInvestors Purchase Large Volume of Put Options on Shopify Inc (US) (SHOP)
www.americanbankingnews.com - June 8 at 7:14 AM
finance.yahoo.com logoShopify's Kit virtual shop assistant is now free for all merchants
finance.yahoo.com - June 7 at 11:24 AM

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Chart

Shopify Inc (US) (SHOP) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff