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

About Shopify Inc (US) (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: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SHOP
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $74.12
  • 50 Day Moving Average: $69.52
  • 200 Day Moving Average: $52.80
  • 52-Week Range: $24.96 - $78.19
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 609.08
  • P/E Growth: -35.89
  • Market Cap: $6.56B
  • Outstanding Shares: 89,724,000
  • 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%

Analyst Ratings

Consensus Ratings for Shopify Inc (US) (NYSE:SHOP) (?)
Ratings Breakdown: 9 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.68)
Consensus Price Target: $65.06 (10.99% downside)

Analysts' Ratings History for Shopify Inc (US) (NYSE:SHOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/27/2017BTIG ResearchDowngradeBuy -> NeutralLowView Rating Details
4/26/2017Raymond James Financial, Inc.DowngradeOutperform -> Sector Perform$104.50MediumView Rating Details
4/26/2017Royal Bank of CanadaDowngradeOutperform -> Sector Perform$77.00HighView Rating Details
4/25/2017Maxim GroupReiterated RatingHoldHighView Rating Details
4/25/2017Roth CapitalSet Price TargetBuy$82.00HighView Rating Details
4/23/2017MackieReiterated RatingBuy$70.00 -> $95.00MediumView Rating Details
4/21/2017WedbushReiterated RatingOutperform -> Outperform$75.00 -> $85.00LowView Rating Details
3/28/2017Barclays PLCInitiated CoverageEqual Weight$64.00LowView 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
2/24/2017Canaccord GenuityReiterated RatingBuy$68.00N/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
2/15/2017Robert W. BairdBoost Price TargetOutperform$48.00 -> $69.00N/AView Rating Details
2/13/2017Monness Crespi & HardtBoost Price TargetBuy$50.00 -> $63.00N/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 IncInitiated CoverageMarket PerformN/AView Rating Details
11/3/2016Credit Suisse Group AGReiterated RatingBuy$50.00N/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
10/4/2016Goldman Sachs Group IncInitiated CoverageBuy$53.00N/AView Rating Details
9/29/2016CIBCInitiated CoverageSector OutperformN/AView Rating Details
9/28/2016Morgan StanleyDowngradeOverweight -> Equal Weight$37.00 -> $47.00N/AView Rating Details
9/14/2016MacquarieSet Price TargetBuy$52.00N/AView Rating Details
8/12/2016Bank of America CorpInitiated CoverageNeutral$44.00N/AView Rating Details
4/14/2016Paradigm CapitalInitiated CoverageBuy$35.00N/AView Rating Details
(Data available from 4/28/2015 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
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 Inc (US) (NYSE:SHOP)
Current Year EPS Consensus Estimate: $-0.17 EPS
Next Year EPS Consensus Estimate: $0.12 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 (US) (SHOP) Cut to Neutral at BTIG Research
www.americanbankingnews.com - April 27 at 8:28 AM
fool.com logo3 Stocks at 52-Week Highs Still Worth Buying - Motley Fool
www.fool.com - April 27 at 2:20 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Receives Media Sentiment Score of 0.18
www.americanbankingnews.com - April 26 at 8:00 PM
benzinga.com logoShopify Rally Interrupted By Downgrade
www.benzinga.com - April 26 at 4:18 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Downgraded by Raymond James Financial, Inc.
www.americanbankingnews.com - April 26 at 3:10 PM
americanbankingnews.com logoRoth Capital Analysts Give Shopify Inc (US) (SHOP) a $82.00 Price Target
www.americanbankingnews.com - April 25 at 5:04 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Rating Reiterated by Maxim Group
www.americanbankingnews.com - April 25 at 4:44 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Receives Daily News Sentiment Rating of 0.01
www.americanbankingnews.com - April 23 at 4:46 PM
americanbankingnews.com logoShopify Inc (US)'s (SHOP) Buy Rating Reiterated at Mackie
www.americanbankingnews.com - April 23 at 12:50 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Downgraded by Vetr Inc.
www.americanbankingnews.com - April 22 at 7:09 PM
americanbankingnews.com logoWedbush Reiterates "Outperform" Rating for Shopify Inc (US) (SHOP)
www.americanbankingnews.com - April 21 at 9:16 AM
finance.yahoo.com logoShopify now offers its own credit card reader
finance.yahoo.com - April 20 at 7:54 PM
finance.yahoo.com logoShould Traders Buy Shopify or Shop Elsewhere?
finance.yahoo.com - April 20 at 7:54 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Receives Media Sentiment Score of -0.18
www.americanbankingnews.com - April 20 at 11:31 AM
fool.com logo10 Reasons to Buy Shopify Inc. And Never Sell - Motley Fool
www.fool.com - April 20 at 12:46 AM
finance.yahoo.com logo3 Stocks With Promising, Amazon-Like Growth Potential
finance.yahoo.com - April 19 at 9:16 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Earning Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 6:13 PM
americanbankingnews.com logoVetr Inc. Downgrades Shopify Inc (US) (SHOP) to Buy
www.americanbankingnews.com - April 14 at 9:32 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Given Daily Coverage Optimism Rating of 0.16
www.americanbankingnews.com - April 13 at 5:03 PM
finance.yahoo.com logo7 Fascinating Things You Probably Didn't Know About Shopify Inc.
finance.yahoo.com - April 12 at 11:11 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 11 at 10:07 AM
finance.yahoo.com logoShopify to Announce First-Quarter 2017 Financial Results May 2, 2017
finance.yahoo.com - April 11 at 9:41 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Upgraded to "Strong-Buy" by Vetr Inc.
www.americanbankingnews.com - April 9 at 10:33 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Expected to Announce Quarterly Sales of $121.72 Million
www.americanbankingnews.com - April 9 at 10:28 AM
americanbankingnews.com logoTraders Purchase Large Volume of Put Options on Shopify Inc (US) (SHOP)
www.americanbankingnews.com - April 8 at 10:48 AM
americanbankingnews.com logo-$0.22 Earnings Per Share Expected for Shopify Inc (US) (SHOP) This Quarter
www.americanbankingnews.com - April 7 at 8:21 PM
fool.com logoWhy Shopify Inc (US) Shareholders Have Nothing to Worry About
www.fool.com - April 7 at 6:32 PM
marketwatch.com logoOmni-Channel Retail Market: Global Industry Trends, Share, Size, Growth and 2021 Forecast Report - MarketReportsOnline
www.marketwatch.com - April 7 at 12:34 PM
americanbankingnews.com logoVetr Inc. Lowers Shopify Inc (US) (SHOP) to Buy
www.americanbankingnews.com - April 3 at 11:26 AM
theglobeandmail.com logoGovernment, business leaders launch Toronto-based AI initiative
www.theglobeandmail.com - March 31 at 1:06 AM
finance.yahoo.com logoCoverage initiated on Shopify by Barclays
finance.yahoo.com - March 29 at 11:40 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Coverage Initiated by Analysts at Barclays PLC
www.americanbankingnews.com - March 28 at 5:34 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) PT Raised to $78.00
www.americanbankingnews.com - March 25 at 10:18 AM
benzinga.com logoShopify Is Just Getting Started: Considerable Runway Ahead, Multiple Upside Drivers
www.benzinga.com - March 21 at 7:31 PM
feeds.benzinga.com logoExpectations Rising As Investors Start To Appreciate Shopify's True Potential
feeds.benzinga.com - March 21 at 1:45 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Stock Rating Reaffirmed by BTIG Research
www.americanbankingnews.com - March 21 at 11:35 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Given Consensus Recommendation of “Buy” by Analysts
www.americanbankingnews.com - March 16 at 12:19 PM
fool.com logoBetter Buy: Shopify Inc. (US) vs. Veeva Systems Inc. -- The Motley Fool - Motley Fool
www.fool.com - March 16 at 1:04 AM
fool.com logo3 Growth Companies With Plenty of Room to Run
www.fool.com - March 7 at 7:40 PM
fool.com logoWhy Shopify Could Be A Great Buy
us.rd.yahoo.com - February 28 at 12:00 PM
fool.com logo3 Stocks We Can't Wait to Buy on Sale
us.rd.yahoo.com - February 28 at 12:00 PM
fool.com logoWhat Does Shopify Do?
www.fool.com - February 26 at 11:30 AM
fool.com logo10 Metrics Behind Shopify Stock's Mind-Boggling 200% Rise
www.fool.com - February 21 at 5:04 PM
finance.yahoo.com logoParcelPal Announces Approval by Shopify for App Store
finance.yahoo.com - February 20 at 6:59 PM
finance.yahoo.com logoSHOPIFY INC. Financials
finance.yahoo.com - February 18 at 6:50 PM
sg.finance.yahoo.com logoShopify reports 4Q loss
us.rd.yahoo.com - February 16 at 7:32 PM
us.rd.yahoo.com logoShopify Q4 Earnings, Q1 Revenue Guidance Beat, Shares Up
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
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
us.rd.yahoo.com - February 16 at 7:32 PM
fool.com logoWhy Shopify Inc. Stock Surged 18.5% in January
www.fool.com - February 14 at 3:22 PM

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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 quarterly earnings data on Wednesday, August, 3rd. The company reported ($0.04) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.04. The firm had revenue of $86.36 million for the quarter, compared to analysts' expectations of $80.62 million. Shopify Inc (US) had a negative net margin of 9.96% and a negative return on equity of 13.30%. The business's quarterly revenue was up 92.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.03) EPS.

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

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

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

28 equities research analysts have issued 1 year price targets for Shopify Inc (US)'s stock. Their forecasts range from $40.00 to $104.50. On average, they expect Shopify Inc (US)'s share price to reach $65.06 in the next twelve months.

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

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

  • 1. 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)
  • 2. 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)
  • 3. 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)
  • 4. 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)
  • 5. 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)

When did Shopify Inc (US) IPO?

(SHOP) raised $100 million in an initial public offering (IPO) 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 acted 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 shareholders include Peregrine Capital Management LLC (0.42%), Braun Stacey Associates Inc. (0.40%), Columbus Circle Investors (0.28%), Barton Investment Management (0.26%), Barometer Capital Management Inc. (0.25%) and Bank of Montreal Can (0.18%).

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 Peregrine Capital Management LLC, Nationwide Fund Advisors, Bank of Montreal Can, Braun Stacey Associates Inc., Columbus Circle Investors, Barometer Capital Management Inc., State of New Jersey Common Pension Fund D and Pier 88 Investment Partners LLC.

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

Shopify Inc (US)'s stock was bought by a variety of institutional investors in the last quarter, including Barton Investment Management, Russell Investments Group Ltd., Boyd Watterson Asset Management LLC OH, Fox Run Management L.L.C., Creative Planning, First Mercantile Trust Co., Callahan Advisors LLC and Independent Portfolio Consultants Inc..

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.

How much does a share of Shopify Inc (US) stock cost?

One share of Shopify Inc (US) stock can currently be purchased for approximately $73.09.

Shopify Inc (US) (SHOP) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff