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NYSE:SHOP - Shopify Stock Price, Forecast & News

$454.88
+3.58 (+0.79 %)
(As of 01/19/2020 04:00 PM ET)
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Today's Range
$452.00
Now: $454.88▼
$458.91
50-Day Range
$326.93
MA: $394.71▼
$454.88
52-Week Range
$154.10
Now: $454.88▼
$458.91
Volume1.87 million shs
Average Volume1.46 million shs
Market Capitalization$52.47 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.21
Shopify Inc provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in the United States, the United Kingdom, Canada, 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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:SHOP
Previous Symbol
CUSIPN/A
CIK1594805
Webhttp://www.shopify.ca/
Phone613-241-2828

Debt

Debt-to-Equity Ratio0.04
Current Ratio11.21
Quick Ratio11.21

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.07 billion
Price / Sales48.89
Cash FlowN/A
Price / Cash FlowN/A
Book Value$18.94 per share
Price / Book24.02

Profitability

EPS (Most Recent Fiscal Year)($0.61)
Net Income$-64,550,000.00
Net Margins-8.97%
Return on Equity-3.36%
Return on Assets-3.00%

Miscellaneous

Employees4,000
Outstanding Shares115,340,000
Market Cap$52.47 billion
Next Earnings Date2/11/2020 (Estimated)
OptionableOptionable

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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 Inc (NYSE:SHOP) issued its quarterly earnings data on Tuesday, October, 29th. The software maker reported ($0.20) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.28) by $0.08. The software maker had revenue of $390.55 million for the quarter, compared to the consensus estimate of $384.05 million. Shopify had a negative return on equity of 3.36% and a negative net margin of 8.97%. View Shopify's Earnings History.

When is Shopify's next earnings date?

Shopify is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Shopify.

What price target have analysts set for SHOP?

28 Wall Street analysts have issued 1 year target prices for Shopify's shares. Their forecasts range from $200.00 to $481.00. On average, they expect Shopify's share price to reach $344.96 in the next year. This suggests that the stock has a possible downside of 24.2%. View Analyst Price Targets for Shopify.

What is the consensus analysts' recommendation for Shopify?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 2 sell ratings, 12 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 delivered stellar second-quarter results. Robust performance of Shopify Shipping, Shopify Payments and Shopify Capital drove top-line growth. The company is benefiting from a diversified expanding merchant base. Moreover, impressive guidance for forthcoming quarter and raised fiscal 2019 outlook instill optimism in the stock. Notably, shares of Shopify have outperformed the industry on a year-to-date basis. The company continues to launch merchant-friendly applications to meet the requirements of a dynamic retail environment, which in turn will bolster merchant base. Initiatives aimed at international expansion bode well. However, increasing investments on development of fulfillment network, infrastructure and platform are likely to weigh on margins. Further, lack of significant presence in the Asia-Pacific market is a headwind." (8/9/2019)
  • 2. Rosenblatt Securities analysts commented, "We reiterate our Buy rating and raise our DCF-based PT from $395 to $410. Latest POS software and hardware stack ready to scale upstream. SHOP’s POS software and hardware kit were both upgraded this past 2Q with feature sets that close the gap between small to large brick and mortar (B&M) needs. Nearly 100k B&M retailers, ~10% of SHOP’s merchant base, use SHOP’s POS app, which seamlessly syncs a mobile device to an online SHOP store, enabling an associate to sell product in-person anywhere a customer is present. Orders and inventory can then be managed and tracked across multiple sales channels on the app. SHOP’s proprietary hardware kit (cash drawer, receipt printer, barcode scanner etc.) completes the out of the box SHOP on/offline storefront." (8/2/2019)

Has Shopify been receiving favorable news coverage?

Media coverage about SHOP stock has been trending somewhat negative on Sunday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shopify earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Shopify.

Who are some of Shopify's key competitors?

What other stocks do shareholders of Shopify own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shopify investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Micron Technology (MU), Trade Desk (TTD), Paypal (PYPL), Twilio (TWLO), Walt Disney (DIS), Square (SQ) and Advanced Micro Devices (AMD).

Who are Shopify's key executives?

Shopify's management team includes the folowing people:
  • Mr. Tobias Lütke, Founder, Chairman & CEO (Age 38)
  • Mr. Harley Michael Finkelstein, Chief Operating Officer (Age 36)
  • Mr. Craig Stuart Miller, Chief Product Officer (Age 36)
  • Mr. Jean-Michel Lemieux, Sr. VP of Engineering (Age 46)
  • Ms. Amy E. Shapero, Chief Financial Officer (Age 56)

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 $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 are Shopify's major shareholders?

Shopify's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.10%), Huntington National Bank (0.05%), Henry James International Management Inc. (0.02%), Tocqueville Asset Management L.P. (0.02%), AE Wealth Management LLC (0.01%) and Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.01%).

Which institutional investors are selling Shopify stock?

SHOP stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Commerzbank Aktiengesellschaft FI, 180 Wealth Advisors LLC, Viridian Ria LLC, Chesley Taft & Associates LLC, Taylor Cottrill Erickson & Associates Inc., Stock Yards Bank & Trust Co. and Alpha Cubed Investments LLC.

Which institutional investors are buying Shopify stock?

SHOP stock was purchased by a variety of institutional investors in the last quarter, including Washburn Capital Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Paragon Advisors LLC, We Are One Seven LLC, AE Wealth Management LLC, Raymond James Trust N.A., Appleton Partners Inc. MA and Farmers Trust Co..

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, Robinhood, Fidelity and Charles Schwab.

What is Shopify's stock price today?

One share of SHOP stock can currently be purchased for approximately $454.88.

How big of a company is Shopify?

Shopify has a market capitalization of $52.47 billion and generates $1.07 billion in revenue each year. The software maker earns $-64,550,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis. Shopify employs 4,000 workers across the globe.View Additional Information About Shopify.

What is Shopify's official website?

The official website for Shopify is http://www.shopify.ca/.

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 (NYSE SHOP)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  1,078 (Vote Outperform)
Underperform Votes:  691 (Vote Underperform)
Total Votes:  1,769
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.
This page was last updated on 1/19/2020 by MarketBeat.com Staff

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