About Shopify (NYSE:SHOP)
Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:SHOP
CUSIPN/A
Phone613-241-2828
Debt
Debt-to-Equity Ratio0.01%
Current Ratio10.82%
Quick Ratio10.83%
Price-To-Earnings
Trailing P/E Ratio-292.64
Forward P/E Ratio-153.64
P/E GrowthN/A
Sales & Book Value
Annual Sales$673.30 million
Price / Sales18.23
Cash FlowN/A
Price / CashN/A
Book Value$10.02 per share
Price / Book12.27
Profitability
EPS (Most Recent Fiscal Year)($0.42)
Net Income$-39,990,000.00
Net Margins-5.94%
Return on Equity-4.74%
Return on Assets-4.22%
Miscellaneous
Employees3,000
Outstanding Shares99,880,000
Shopify (NYSE:SHOP) Frequently Asked Questions
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 (NYSE:SHOP) issued its quarterly earnings data on Thursday, February, 15th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.12) by $0.09. The software maker earned $222.80 million during the quarter, compared to the consensus estimate of $209.70 million. Shopify had a negative return on equity of 4.74% and a negative net margin of 5.94%. The firm's revenue for the quarter was up 70.9% compared to the same quarter last year. View Shopify's Earnings History.
When is Shopify's next earnings date?
What price target have analysts set for SHOP?
29 analysts have issued 12 month price targets for Shopify's shares. Their forecasts range from $84.00 to $170.00. On average, they expect Shopify's share price to reach $124.1522 in the next twelve months. View Analyst Ratings for Shopify.
What are Wall Street analysts saying about Shopify stock?
Here are some recent quotes from research analysts about Shopify stock:
- 1. According to Zacks Investment Research, "Shopify is a provider of a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses (SMBs). The company has positive record of earnings surprises in recent quarters. Shopify has outperformed the industry in the past year. Moreover, the company is benefiting from retail’s rapid transition to mobile and social sales channels. The company continues to launch a number of merchant-friendly applications to meet the requirements of a dynamic retail environment, thereby adding to its merchant base. However, increasing investments on product development, infrastructure and platform continued to drag down bottom-line growth. Further, lack of significant presence in the Asia-Pacific market, which is the fastest growing retail eCommerce market is a headwind for Shopify." (4/17/2018)
- 2. Maxim Group analysts commented, "Shopify’s 1Q17 sales, adj. EBITDA, and adj." (5/3/2017)
Who are some of Shopify's key competitors?
Some companies that are related to Shopify include Square (SQ), Symantec (SYMC), Check Point Software Technologies (CHKP), Splunk (SPLK), CA (CA), Mobileye (MBBYF), Ansys (ANSS), Citrix Systems (CTXS), Synopsys (SNPS), SS&C Technologies (SSNC), Dropbox (DBX), Take-Two Interactive (TTWO), Ubisoft (UBSFY), Cadence Design Systems (CDNS) and Veeva Systems (VEEV).
Who are Shopify's key executives?
Shopify's management team includes the folowing people:
- Mr. Tobias Lütke, Founder, Chairman & CEO (Age 37)
- Mr. Daniel Weinand, Co-Founder and Chief Creative Officer (Age 38)
- Mr. Harley Michael Finkelstein, Chief Operating Officer (Age 35)
- Mr. Jean-Michel Lemieux, Sr. VP of Engineering (Age 45)
- Ms. Amy E. Shapero, Chief Financial Officer (Age 55)
When did Shopify IPO?
(SHOP) raised $100 million in an initial public offering (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.
Has Shopify been receiving favorable news coverage?
News articles about SHOP stock have been trending somewhat positive this week, Accern reports. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shopify earned a news sentiment score of 0.07 on Accern's scale. They also assigned news headlines about the software maker an impact score of 46.97 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
How do I buy shares of Shopify?
Shares of SHOP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Shopify's stock price today?
One share of SHOP stock can currently be purchased for approximately $122.91.
How big of a company is Shopify?
Shopify has a market capitalization of $12.66 billion and generates $673.30 million in revenue each year. The software maker earns $-39,990,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis. Shopify employs 3,000 workers across the globe.
How can I contact Shopify?
Shopify's mailing address is 150 Elgin Street 8th Floor, Ottawa A6, K2P 1L4. The software maker can be reached via phone at 613-241-2828 or via email at [email protected]
MarketBeat Community Rating for Shopify (SHOP)
MarketBeat's community ratings are surveys of what our community members think about Shopify and other stocks. Vote "Outperform" if you believe SHOP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHOP will underperform the S&P 500 over the long term. You may vote once every thirty days.
Shopify (NYSE:SHOP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
29 Wall Street analysts have issued ratings and price targets for Shopify in the last 12 months. Their average twelve-month price target is $124.1522, suggesting that the stock has a possible upside of 1.01%. The high price target for SHOP is $170.00 and the low price target for SHOP is $84.00. There are currently 1 sell rating, 13 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.48 | 2.48 | 2.55 | 2.51 |
| Ratings Breakdown: | 1 Sell Rating(s)
13 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
13 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
13 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
15 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $124.1522 | $124.1522 | $103.6786 | $96.1167 |
| Price Target Upside: | 1.01% upside | 16.90% downside | 7.27% downside | 1.15% upside |
Shopify (NYSE:SHOP) Consensus Price Target History
Shopify (NYSE:SHOP) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Shopify (NYSE:SHOP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Shopify (NYSE SHOP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 55.93%
Shopify (NYSE SHOP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Shopify (NYSE SHOP) News Headlines
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Shopify (NYSE:SHOP) SEC Filings
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Shopify (NYSE:SHOP) Income Statement, Balance Sheet and Cash Flow Statement
Shopify (NYSE SHOP) Stock Chart for Monday, April, 23, 2018
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