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: $8.21676 billion
  • Outstanding Shares: 98,555,000
Average Prices:
  • 50 Day Moving Avg: $110.16
  • 200 Day Moving Avg: $110.16
  • 52 Week Range: $37.74 - $123.94
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -215.07
  • P/E Growth: -96.21
Sales & Book Value:
  • Annual Revenue: $509 million
  • Price / Sales: 19.16
  • Book Value: $9.92 per share
  • Price / Book: 9.97
Profitability:
  • EBITDA: ($34,470,000.00)
  • Net Margins: -8.96%
  • Return on Equity: -8.26%
  • Return on Assets: -7.14%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 11.80%
  • Quick Ratio: 11.80%
Misc:
  • Average Volume: 3.91 million shs.
  • Beta: 1.18
  • Short Ratio: 1.51
 

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) announced its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.05. The company had revenue of $151.70 million for the quarter, compared to the consensus estimate of $143.94 million. Shopify had a negative net margin of 8.96% and a negative return on equity of 8.26%. Shopify's revenue for the quarter was up 75.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) EPS. View Shopify's Earnings History.

When will Shopify make its next earnings announcement?

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

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

35 brokers have issued 1 year target prices for Shopify's shares. Their forecasts range from $50.00 to $146.00. On average, they expect Shopify's share price to reach $96.12 in the next year. View Analyst Ratings for Shopify.

What are analysts saying about Shopify stock?

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

  • 1. According to Zacks Investment Research, "Shopify's second-quarter 2017 results were impressive. The company's year-over-year revenue growth showed that Shopify’s cloud-based, multi-tenant, omni-channel, scalable platform is gaining adoption. The company continues to win new merchants, which surpassed 0.5 million at the end of quarter. The company is benefiting from retail’s rapid transition to mobile and social sales channels. Moreover, availability of Apple Pay and addition of eBay, Amazon and Facebook Messenger as sales channels are significant positives. Shopify has outperformed the broader industry on a year-to-date basis. However, the company’s increasing investments on product development, infrastructure and platform will continue to hurt profitability at least in 2017. We observe that the company is yet to report profit, which doesn’t augur well for investors." (8/7/2017)
  • 2. Maxim Group analysts commented, "Shopify’s 1Q17 sales, adj. EBITDA, and adj." (5/3/2017)
  • 3. 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)
  • 4. 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)
  • 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 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 stock?

Shopify's stock is owned by a number of of institutional and retail investors. Top institutional investors include Eqis Capital Management Inc. (0.01%). View Institutional Ownership Trends for Shopify.

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 Eqis Capital Management Inc.. 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 $98.93.


MarketBeat Community Rating for Shopify (NYSE SHOP)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  465 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  733
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, 15 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.51)
Consensus Price Target: $96.12 (2.84% downside)
Consensus Price Target History for Shopify (NYSE:SHOP)
Price Target History for Shopify (NYSE:SHOP)
Analysts' Ratings History for Shopify (NYSE:SHOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017KeyCorpSet Price TargetBuy$116.00N/AView Rating Details
10/10/2017Royal Bank Of CanadaReiterated RatingHold$99.00N/AView Rating Details
10/6/2017Piper Jaffray CompaniesReiterated RatingBuy$110.00N/AView Rating Details
10/6/2017Morgan StanleyReiterated RatingEqual Weight$109.00N/AView Rating Details
10/5/2017Robert W. BairdReiterated RatingOutperform$110.00N/AView Rating Details
9/20/2017MacquarieBoost Price TargetOutperform$121.00 -> $146.00MediumView Rating Details
9/6/2017DA DavidsonInitiated CoverageNeutral -> Neutral$95.00HighView Rating Details
8/24/2017Ifs SecuritiesInitiated CoverageOutperform$115.00MediumView Rating Details
8/9/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldHighView Rating Details
8/8/2017WedbushReiterated RatingOutperform$100.00 -> $115.00MediumView Rating Details
8/2/2017Barclays PLCReiterated RatingEqual Weight$70.00 -> $90.00LowView Rating Details
8/2/2017Roth CapitalSet Price TargetBuy$117.00HighView Rating Details
8/2/2017Canaccord GenuityReiterated RatingBuy$90.00 -> $115.00HighView 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
5/3/2017Eight CapitalUpgradeNeutral -> BuyLowView Rating Details
5/3/2017Maxim GroupReiterated RatingHoldLowView Rating Details
5/3/2017Bank of America CorporationDowngradeNeutral -> Underperform$62.00 -> $84.00MediumView Rating Details
5/1/2017Monness 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
12/1/2016Citigroup Inc.Initiated CoverageMarket PerformN/AView Rating Details
10/17/2016Dundee SecuritiesInitiated CoverageNeutral$45.00N/AView Rating Details
9/29/2016CIBCInitiated CoverageSector OutperformN/AView Rating Details
4/14/2016Paradigm CapitalInitiated CoverageBuy$35.00N/AView Rating Details
(Data available from 10/19/2015 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
10/31/2017($0.01)N/AView Earnings Details
8/1/20176/30/2017($0.20)($0.15)$143.94 million$151.70 millionViewListenView 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 (NYSE:SHOP)
Current Year EPS Consensus Estimate: $-0.6 EPS
Next Year EPS Consensus Estimate: $-0.46 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
investorplace.com logoBuy More Shopify Inc (US) While It’s Down
investorplace.com - October 19 at 11:27 AM
americanbankingnews.com logoComparing Shopify (SHOP) and Cnova NV (CNV)
www.americanbankingnews.com - October 19 at 11:19 AM
finance.yahoo.com logoShopify and DHL Express Partner to Empower Small Businesses to Go Global
finance.yahoo.com - October 19 at 8:49 AM
finance.yahoo.com logoShopify Inc (US) (SHOP) Paves Way for Global Markets with DHL Partnership
finance.yahoo.com - October 19 at 8:49 AM
finance.yahoo.com logo[$$] Shopify Stock Seen Reaching $116
finance.yahoo.com - October 19 at 8:48 AM
americanbankingnews.com logoShopify Inc. (SHOP) Expected to Post Quarterly Sales of $165.99 Million
www.americanbankingnews.com - October 18 at 7:20 AM
investorplace.com logoDon’t Buy Into the Shopify Inc (US) Short Selling Hype
investorplace.com - October 17 at 12:08 PM
investorplace.com logoShopify Inc (US) (SHOP) Stock: Has Citron Uncovered a Numbers Scheme?
investorplace.com - October 17 at 5:24 AM
investorplace.com logoShopify Inc (US) (SHOP) Stock Is Hot and Only Getting Hotter
investorplace.com - October 16 at 1:21 PM
americanbankingnews.com logoShopify (SHOP) vs. MercadoLibre (MELI) Financial Review
www.americanbankingnews.com - October 16 at 6:26 AM
americanbankingnews.com logoShopify Inc. (SHOP) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - October 14 at 12:36 AM
finance.yahoo.com logoStock Offerings, Buybacks, Shorts, and Another Inexplicable Name Change
finance.yahoo.com - October 13 at 2:13 AM
americanbankingnews.com logoShopify (SHOP) and Its Competitors Head-To-Head Survey
www.americanbankingnews.com - October 12 at 10:32 PM
investorplace.com logoShopify Inc (US) Stock News Is Dire, but So What? - Investorplace.com
investorplace.com - October 12 at 4:06 PM
americanbankingnews.com logoShopify Inc. (SHOP) PT Set at $116.00 by KeyCorp
www.americanbankingnews.com - October 12 at 3:52 PM
investorplace.com logoShopify Inc (US) Stock News Is Dire, but So What?
investorplace.com - October 12 at 2:10 PM
investorplace.com logoWhy Shopify Inc (US) (SHOP) Stock Is in a Win-Win Situation
investorplace.com - October 11 at 9:13 AM
investorplace.com logoHurry! Shopify Inc (US) (SHOP) Stock Is on Sale!
investorplace.com - October 10 at 12:39 PM
fool.com logoWhy You're Smart to Buy Shopify Inc. (US) -- Despite Citron's Report - Motley Fool
www.fool.com - October 10 at 6:46 AM
americanbankingnews.com logoBidaskClub Lowers Shopify Inc. (SHOP) to Buy
www.americanbankingnews.com - October 7 at 9:22 PM
americanbankingnews.com logoMorgan Stanley Reiterates Equal Weight Rating for Shopify Inc. (SHOP)
www.americanbankingnews.com - October 7 at 1:04 PM
americanbankingnews.com logoShopify Inc. (SHOP) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 7 at 12:58 PM
finance.yahoo.com logoINVESTOR ALERT: Kirby McInerney LLP Commences Investigation on Behalf of Shopify Inc. Investors
finance.yahoo.com - October 7 at 8:30 AM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Shopify Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm
finance.yahoo.com - October 7 at 8:30 AM
americanbankingnews.com logoShopify Sees Unusually Large Options Volume (SHOP)
www.americanbankingnews.com - October 7 at 2:22 AM
americanbankingnews.com logoShopify Sees Unusually High Options Volume (SHOP)
www.americanbankingnews.com - October 7 at 2:22 AM
americanbankingnews.com logoShopify Inc. (SHOP) Earns "Buy" Rating from Piper Jaffray Companies
www.americanbankingnews.com - October 6 at 3:04 PM
investorplace.com logoShopify Stock Will Plunge Almost 50% Says Prominent Short-Seller
investorplace.com - October 6 at 2:00 PM
finance.yahoo.com logoShopify defends itself after Citron criticism
finance.yahoo.com - October 6 at 10:27 AM
finance.yahoo.com logoShopify and Sell Side Counterattack Short-Seller Citron
finance.yahoo.com - October 6 at 10:27 AM
finance.yahoo.com logoBlock & Leviton LLP Announces Investigation of Shopify Inc. (SHOP) Following Report Of "Get Rich Quick" Scheme; Encourages Shareholders To Contact The Firm
finance.yahoo.com - October 6 at 10:27 AM
finance.yahoo.com logoSHOPIFY INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Shopify, Inc. To Contact The Firm
finance.yahoo.com - October 6 at 10:26 AM
investorplace.com logoIgnore Citron Report and Use This Dip to Buy Shopify Inc (US) (SHOP) Stock
investorplace.com - October 6 at 5:16 AM
americanbankingnews.com logoShopify's (SHOP) Outperform Rating Reiterated at Robert W. Baird
www.americanbankingnews.com - October 5 at 8:18 PM
investorplace.com logoLeft Is Kind of Right on Shopify Inc (US) (SHOP) Stock
investorplace.com - October 5 at 4:19 PM
fool.com logoBetter Buy: Shopify Inc. vs. Veeva Systems
www.fool.com - October 5 at 10:45 AM
investorplace.com logoShopify Inc (US) (SHOP) Stock Is On Sale — Add to Cart
investorplace.com - October 5 at 10:22 AM
investorplace.com logo3 Reasons Shopify Inc US (SHOP) Stock Will Show 3x Growth Next Year
investorplace.com - October 5 at 7:06 AM
finance.yahoo.com logoShopify Inc (SHOP): How Does It Impact Your Portfolio?
finance.yahoo.com - October 3 at 12:23 PM
investorplace.com logoShopify Inc. (SHOP) Still Has Plenty of Room to Run | InvestorPlace - Investorplace.com
investorplace.com - September 30 at 11:51 PM
americanbankingnews.com logoShopify Inc. (SHOP) Rating Reiterated by Robert W. Baird
www.americanbankingnews.com - September 29 at 5:28 PM
investorplace.com logoShopify Inc. (SHOP) Still Has Plenty of Room to Run
investorplace.com - September 29 at 8:37 AM
fool.ca logoShopify Inc. (USA): Nowhere Near Reaching its Potential | The ... - The Motley Fool Canada
www.fool.ca - September 28 at 2:44 AM
americanbankingnews.com logoShopify Inc. (SHOP) Expected to Post Earnings of -$0.02 Per Share
www.americanbankingnews.com - September 28 at 12:32 AM
americanbankingnews.com logoHead to Head Comparison: Shopify (SHOP) and Alibaba Group Holding Limited (BABA)
www.americanbankingnews.com - September 27 at 10:20 PM
investorplace.com logoHubSpot Inc (HUBS) Stock Soars on Shopify Tie-Up - Investorplace.com
investorplace.com - September 27 at 4:40 PM
fool.ca logoShopify Inc.: Nowhere Near Reaching its Potential - The Motley Fool Canada
www.fool.ca - September 27 at 4:40 PM
investorplace.com logoHubSpot Inc (HUBS) Stock Soars on Shopify Tie-Up
investorplace.com - September 27 at 12:36 PM
fool.ca logoBlackBerry Ltd. vs. Shopify Inc.: Which Is the Better Canadian Tech Stock to Buy Now? - The Motley Fool Canada
www.fool.ca - September 26 at 6:45 PM
theglobeandmail.com logoNew Vector AI institute CEO Garth Gibson facing tough decisions
www.theglobeandmail.com - September 26 at 9:32 AM

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Chart

Shopify (SHOP) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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