Shopify Company Profile (NYSE:SHOP)

About Shopify (NYSE:SHOP)

Shopify 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: E-commerce & Auction Services
  • Sub-Industry: N/A
  • Symbol: NYSE:SHOP
  • CUSIP: N/A
  • Web: www.shopify.ca
Capitalization:
  • Market Cap: $7.43151 billion
  • Outstanding Shares: 91,425,000
Average Prices:
  • 50 Day Moving Avg: $90.50
  • 200 Day Moving Avg: $66.00
  • 52 Week Range: $26.35 - $100.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -185.25
  • P/E Growth: -52.59
Sales & Book Value:
  • Annual Revenue: $443.99 million
  • Price / Sales: 19.46
  • Book Value: $4.50 per share
  • Price / Book: 21.00
Profitability:
  • EBIDTA: ($29,800,000.00)
  • Net Margins: -9.01%
  • Return on Equity: -11.26%
  • Return on Assets: -9.26%
Debt:
  • Debt-to-Equity Ratio: 0.03%
  • Current Ratio: 5.65%
  • Quick Ratio: 5.65%
Misc:
  • Average Volume: 2.22 million shs.
  • Beta: 1.22
  • Short Ratio: 1.7
 

Frequently Asked Questions for Shopify (NYSE:SHOP)

What is Shopify's stock symbol?

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

How were Shopify's earnings last quarter?

Shopify Inc. (NYSE:SHOP) released its earnings results on Tuesday, May, 2nd. The company reported ($0.15) EPS for the quarter, topping the Zacks' consensus estimate of ($0.22) by $0.07. The firm earned $127.40 million during the quarter, compared to the consensus estimate of $121.67 million. Shopify had a negative return on equity of 11.26% and a negative net margin of 9.01%. The company's revenue was up 75.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.06) earnings per share. View Shopify's Earnings History.

When will Shopify make its next earnings announcement?

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

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

32 analysts have issued 1 year price objectives for Shopify's shares. Their forecasts range from $40.00 to $134.00. On average, they anticipate Shopify's share price to reach $79.09 in the next twelve months. View Analyst Ratings for Shopify.

What are analysts saying about Shopify stock?

Here are some recent quotes from research analysts about Shopify 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's key competitors?

Who are Shopify's key executives?

Shopify'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 IPO?

(SHOP) raised $100 million in an IPO on Thursday, May 21st 2015. The company issued 7,700,000 shares at a price of $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 stock?

Shopify's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (12.90%), Renaissance Technologies LLC (1.50%), Whale Rock Capital Management LLC (1.14%), Scge Management L.P. (1.11%), Bank of New York Mellon Corp (0.85%) and Morgan Stanley (0.72%). View Institutional Ownership Trends for Shopify.

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 Wells Fargo & Company MN, Next Century Growth Investors LLC, Garelick Capital Partners LP, Bank of New York Mellon Corp, JPMorgan Chase & Co., Peregrine Capital Management LLC, Whale Rock Capital Management LLC and Driehaus Capital Management LLC. View Insider Buying and Selling for Shopify.

Who bought Shopify stock? Who is buying Shopify stock?

Shopify's stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Steadfast Capital Management LP, Montrusco Bolton Investments Inc., FMR LLC, Ashford Capital Management Inc., Scge Management L.P., Goldman Sachs Group Inc. and Barton Investment Management. View Insider Buying and Selling for Shopify.

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.

What is Shopify's stock price today?

One share of Shopify stock can currently be purchased for approximately $94.48.


MarketBeat Community Rating for Shopify (NYSE SHOP)
Community Ranking:  3.4 out of 5 (  )
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  167 (Vote Underperform)
Total Votes:  510
MarketBeat's community ratings are surveys of what our community members think about Shopify 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 (NYSE:SHOP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 20 Buy Ratings
Consensus Rating:Buy (Score: 2.59)
Consensus Price Target: $79.09 (16.29% downside)

Analysts' Ratings History for Shopify (NYSE:SHOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
5/22/2017Robert W. BairdReiterated RatingOutperform$95.00LowView Rating Details
5/15/2017Roth CapitalBoost Price TargetBuy$82.00 -> $92.00HighView 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 6/26/2015 forward)

Earnings

Earnings History for Shopify (NYSE:SHOP)
Earnings by Quarter for Shopify (NYSE:SHOP)
Earnings History by Quarter for Shopify (NYSE SHOP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
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 (NYSE:SHOP)
Current Year EPS Consensus Estimate: $-0.7 EPS
Next Year EPS Consensus Estimate: $-0.51 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

Headline Trends for Shopify (NYSE:SHOP)
Latest Headlines for Shopify (NYSE:SHOP)
Source:
DateHeadline
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
americanbankingnews.com logoStock Traders Purchase High Volume of Call Options on Shopify Inc (US) (SHOP)
www.americanbankingnews.com - June 7 at 8:54 AM
fool.com logoShopify, Say Hello to the S&P/TSX Composite Index - Motley Fool
www.fool.com - June 6 at 10:31 PM
fool.ca logoDebt vs. Dilution: Should Shopify Inc. Take On Debt?
www.fool.ca - June 5 at 3:20 PM
msn.com logoInvestor Movement Index (IMX) For May 2017: Tech Buying Continues
www.msn.com - June 5 at 3:20 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 2 at 9:24 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Stock Rating Upgraded by Vetr Inc.
www.americanbankingnews.com - May 31 at 12:39 AM
fool.ca logoShopify Inc. Chooses Dilution Over Debt - The Motley Fool Canada
www.fool.ca - May 30 at 9:12 AM
americanbankingnews.com logoRoth Capital Raises Shopify Inc (US) (SHOP) Price Target to $92.00
www.americanbankingnews.com - May 28 at 11:58 PM
americanbankingnews.com logoIndustrial Alliance Securities Raises Shopify Inc (US) (SHOP) Price Target to $100.00
www.americanbankingnews.com - May 26 at 5:20 PM
fool.com logo2 Charts Show This Long-Term Trend Makes Shopify Inc (US) Stock a Buy - Motley Fool
www.fool.com - May 26 at 6:59 AM
fool.com logo2 Charts Show This Long-Term Trend Makes Shopify Inc (US) Stock a Buy
www.fool.com - May 24 at 7:55 PM
finance.yahoo.com logoEntrepreneurs Pave the Way for the Future of Canada's Economy
finance.yahoo.com - May 24 at 9:26 AM
americanbankingnews.com logoCSFB Analysts Give Shopify Inc (US) (SHOP) a $95.00 Price Target
www.americanbankingnews.com - May 23 at 2:30 PM
seekingalpha.com logoBuy The Chinese Shopify That Rose 200% This Year?
seekingalpha.com - May 23 at 9:22 AM
americanbankingnews.com logoCredit Suisse Group AG Reaffirms Outperform Rating for Shopify Inc (US) (SHOP)
www.americanbankingnews.com - May 23 at 8:44 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Rating Reiterated by Robert W. Baird
www.americanbankingnews.com - May 22 at 2:00 PM
benzinga.com logoShopify Under Pressure After Mixed Securities Shelf Offering
www.benzinga.com - May 20 at 12:31 AM
finance.yahoo.com logoShopify Plans Share Sale as Record Prices Help Fund Growth
finance.yahoo.com - May 20 at 12:31 AM
finance.yahoo.com logoThere's More Than Meets the Eye With Shopify
finance.yahoo.com - May 20 at 12:31 AM
americanbankingnews.com logoStock Traders Purchase Large Volume of Shopify Inc (US) Call Options (SHOP)
www.americanbankingnews.com - May 18 at 12:56 PM
benzinga.com logoJim Cramer Advises His Viewers On Shopify, Fitbit | Benzinga - Benzinga
www.benzinga.com - May 17 at 8:22 AM
benzinga.com logoJim Cramer Advises His Viewers On Shopify And Fitbit
www.benzinga.com - May 16 at 9:16 AM
americanbankingnews.com logoRobert W. Baird Reaffirms Outperform Rating for Shopify Inc (US) (SHOP)
www.americanbankingnews.com - May 15 at 6:58 PM
finance.yahoo.com logoRev's Forum: It's a Battle Between Two Lousy Teams Trying Not to Lose
finance.yahoo.com - May 13 at 12:28 AM
finance.yahoo.com logoIt's a Battle Between Two Lousy Teams Trying Not to Lose
finance.yahoo.com - May 13 at 12:28 AM
americanbankingnews.com logoShopify Inc (US) (SHOP) Rating Increased to Sell at Vetr Inc.
www.americanbankingnews.com - May 12 at 12:40 AM
fool.com logo3 Growth Stocks for the Long Term - Motley Fool
www.fool.com - May 11 at 8:24 PM
fool.com logoBetter Buy: Shopify Inc vs. Square Inc - Motley Fool
www.fool.com - May 10 at 10:54 AM
finance.yahoo.com logoShopify Crushes Earnings – Is the Stock a Buy?
finance.yahoo.com - May 10 at 10:54 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Pandora and Shopify
finance.yahoo.com - May 10 at 10:54 AM
fool.ca logo5 Numbers Every Shopify Inc. Investor Must Know
www.fool.ca - May 9 at 7:19 PM
baystreet.ca logoShopify (SHOP) Earnings Deliver - Upside is Still In Play
www.baystreet.ca - May 8 at 7:16 PM
americanbankingnews.com logoShopify Inc (US) (SHOP) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 8 at 11:48 AM
finance.yahoo.com logoShopify (SHOP) Reports Narrower Loss in Q1, Guidance Up
finance.yahoo.com - May 8 at 11:28 AM

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Chart

Shopify (SHOP) Chart for Monday, June, 26, 2017

This page was last updated on 6/26/2017 by MarketBeat.com Staff