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: $7.98531 billion
  • Outstanding Shares: 98,555,000
Average Prices:
  • 50 Day Moving Avg: $92.72
  • 200 Day Moving Avg: $79.52
  • 52 Week Range: $37.74 - $105.79
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -197.04
  • P/E Growth: -93.50
Sales & Book Value:
  • Annual Revenue: $509 million
  • Price / Sales: 18.31
  • Book Value: $9.92 per share
  • Price / Book: 9.53
Profitability:
  • EBIDTA: ($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: 2.20 million shs.
  • Beta: 1.22
  • Short Ratio: 1.46
 

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) posted its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.15) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.20) by $0.05. The company earned $151.70 million during the quarter, compared to analyst estimates of $143.94 million. Shopify had a negative return on equity of 8.26% and a negative net margin of 8.96%. The firm's quarterly revenue was up 75.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.04) 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 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 twelve-month target prices for Shopify's shares. Their forecasts range from $43.00 to $134.00. On average, they anticipate Shopify's stock price to reach $87.22 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. 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 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 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 variety of of retail and institutional investors. Top institutional investors include FMR LLC (12.74%), Coatue Management LLC (2.66%), Abdiel Capital Advisors LP (1.78%), Whale Rock Capital Management LLC (0.98%), Zevenbergen Capital Investments LLC (0.85%) and Bank of New York Mellon Corp (0.88%). 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 Renaissance Technologies LLC, Abdiel Capital Advisors LP, Light Street Capital Management LLC, Scge Management L.P., CI Investments Inc., The Manufacturers Life Insurance Company , JPMorgan Chase & Co. and Steadfast Capital Management LP. View Insider Buying and Selling for Shopify.

Who bought Shopify stock? Who is buying Shopify stock?

Shopify's stock was bought by a variety of institutional investors in the last quarter, including Coatue Management LLC, FMR LLC, Public Sector Pension investment Board, Franklin Resources Inc., Toronto Dominion Bank, TD Asset Management Inc., Zevenbergen Capital Investments LLC and Sumitomo Mitsui Trust Holdings 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 $94.58.


MarketBeat Community Rating for Shopify (NYSE SHOP)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  395 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  604
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: $87.22 (7.78% downside)

Analysts' Ratings History for Shopify (NYSE:SHOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/9/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldHighView Rating Details
8/8/2017Royal Bank Of CanadaReiterated RatingSector Perform$78.00 -> $99.00MediumView 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
8/2/2017KeyCorpReiterated RatingOverweightHighView Rating Details
8/2/2017Canaccord GenuityReiterated RatingBuy$90.00 -> $115.00HighView Rating Details
8/2/2017Robert W. BairdBoost Price TargetOutperform$95.00 -> $110.00HighView Rating Details
8/1/2017Piper Jaffray CompaniesReiterated RatingOverweight -> Overweight$85.00 -> $110.00HighView 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
5/3/2017Morgan StanleyBoost Price TargetEqual Weight$80.00 -> $87.00LowView 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
9/14/2016MacquarieSet Price TargetBuy$52.00N/AView Rating Details
4/14/2016Paradigm CapitalInitiated CoverageBuy$35.00N/AView Rating Details
(Data available from 8/19/2015 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: $-0.59 EPS
Next Year EPS Consensus Estimate: $-0.48 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
fool.com logoBetter Buy: Shopify Inc. vs. eBay Inc.
www.fool.com - August 18 at 9:23 PM
americanbankingnews.com logoShopify Inc. (SHOP) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 18 at 12:48 PM
finance.yahoo.com logoTodays Research Reports on Mitel Networks Corporation, CAE Inc., BlackBerry Limited and Shopify Inc.
finance.yahoo.com - August 17 at 8:26 AM
bloomberg.com logoShutterstock Looks to Canada for Original Video and Music Push
www.bloomberg.com - August 16 at 7:29 AM
finance.yahoo.com logoShopify, Inc. breached its 50 day moving average in a Bullish Manner : SHOP-US : August 15, 2017
finance.yahoo.com - August 16 at 7:29 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Shopify’s Revenue Soared 75%; GMV Soared 74%
finance.yahoo.com - August 16 at 7:29 AM
fool.com logoHow Shopify Inc. Makes Most of Its Money
www.fool.com - August 15 at 4:41 PM
americanbankingnews.com logoOppenheimer Holdings, Inc. Reiterates "Hold" Rating for Shopify Inc. (SHOP)
www.americanbankingnews.com - August 9 at 6:46 PM
americanbankingnews.com logoRoyal Bank Of Canada Reiterates Sector Perform Rating for Shopify Inc. (SHOP)
www.americanbankingnews.com - August 8 at 7:34 PM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - August 7 at 1:42 PM
benzinga.com logoJim Cramer Weighs In On Shopify, Sirius XM And National Retail Properties - Benzinga
www.benzinga.com - August 4 at 8:11 AM
finance.yahoo.com logoShopify, Inc. – Value Analysis (NYSE:SHOP) : August 4, 2017
finance.yahoo.com - August 4 at 8:11 AM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Expected to Announce Earnings of -$0.19 Per Share
www.americanbankingnews.com - August 3 at 10:18 AM
americanbankingnews.com logoShopify Target of Unusually Large Options Trading (SHOP)
www.americanbankingnews.com - August 3 at 7:00 AM
finance.yahoo.com logoThis Is the Best-Performing Tech Company With a $1 Billion-Plus Market Cap
finance.yahoo.com - August 3 at 2:56 AM
fool.com logoShopify Inc. Revenue Surges as Merchant Network Surpasses 500000 - Motley Fool
www.fool.com - August 2 at 9:55 PM
finance.yahoo.com logoShopify shares rally to all-time high as results top estimates
finance.yahoo.com - August 2 at 4:25 PM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Shopify and Pandora
finance.yahoo.com - August 2 at 4:25 PM
finance.yahoo.com logoShopify (SHOP) Q2 Loss Narrower than Expected, Revenues Beat
finance.yahoo.com - August 2 at 4:25 PM
americanbankingnews.com logoBarclays PLC Reaffirms Equal Weight Rating for Shopify Inc. (NYSE:SHOP)
www.americanbankingnews.com - August 2 at 3:46 PM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Earns "Ourperform" Rating from Wedbush
www.americanbankingnews.com - August 2 at 2:02 PM
americanbankingnews.com logoShopify Inc. (SHOP) PT Raised to $115.00 at Wedbush
www.americanbankingnews.com - August 2 at 11:42 AM
americanbankingnews.com logoShopify's (NYSE:SHOP) Overweight Rating Reiterated at KeyCorp
www.americanbankingnews.com - August 2 at 9:24 AM
theglobeandmail.com logoShopify beats estimates as revenue jumps 75 per cent
www.theglobeandmail.com - August 2 at 1:54 AM
msn.com logoShopify (SHOP) Q2 2017 Results - Earnings Call Transcript
www.msn.com - August 2 at 1:54 AM
finance.yahoo.com logoStocks Bolt Higher; Goldman Tops Dow, Cognex, Shopify Break Out
finance.yahoo.com - August 2 at 1:53 AM
finance.yahoo.com logoEdited Transcript of SHOP earnings conference call or presentation 1-Aug-17 12:30pm GMT
finance.yahoo.com - August 2 at 1:53 AM
finance.yahoo.com logoShopify Stock Breaks Out After Q2 Beat
finance.yahoo.com - August 2 at 1:53 AM
americanbankingnews.com logoPiper Jaffray Companies Raises Shopify Inc. (SHOP) Price Target to $110.00
www.americanbankingnews.com - August 1 at 7:46 PM
fool.com logoShopify Inc. Revenue Surges as Merchant Network Surpasses 500,000
www.fool.com - August 1 at 6:32 PM
finance.yahoo.com logoTuesday’s Movers: Shopify Inc (US) (SHOP) Soars, Houston American Energy Corporation (HUSA) Skyrockets, Geron Corporation (GERN) Sinks
finance.yahoo.com - August 1 at 3:51 PM
finance.yahoo.com logoShopify reports 2Q loss
finance.yahoo.com - August 1 at 3:51 PM
americanbankingnews.com logoShopify's (NYSE:SHOP) Hold Rating Reaffirmed at Oppenheimer Holdings, Inc.
www.americanbankingnews.com - August 1 at 3:22 PM
americanbankingnews.com logoShopify Inc. (SHOP) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - August 1 at 9:39 AM
investorplace.com logoShopify Inc (US) (SHOP) Stock Pushes Past $100 After Earnings
investorplace.com - August 1 at 9:20 AM
finance.yahoo.com logoETFs with exposure to Shopify, Inc. : July 31, 2017
finance.yahoo.com - July 31 at 8:31 PM
investorplace.com logo3 Reasons to Buy Shopify Inc (US) (SHOP) Stock - Investorplace.com
investorplace.com - July 31 at 3:29 PM
investorplace.com logo3 Reasons to Buy Shopify Inc (US) (SHOP) Stock
investorplace.com - July 31 at 12:18 PM
finance.yahoo.com logoWhat's Behind Shopify's 175% Surge in the Past 12 Months
finance.yahoo.com - July 30 at 6:11 AM
americanbankingnews.com logoZacks Investment Research Upgrades Shopify Inc. (NYSE:SHOP) to Buy
www.americanbankingnews.com - July 28 at 7:12 PM
americanbankingnews.com logoComparing Shopify (NYSE:SHOP) & E Commerce China Dangdang (DANG)
www.americanbankingnews.com - July 27 at 9:38 AM
americanbankingnews.com logoShopify Inc. (SHOP) PT Raised to $101.00 at Roth Capital
www.americanbankingnews.com - July 26 at 1:23 PM
finance.yahoo.com logoWhy Vancouver Is Becoming North America’s Next Big Tech Scene
finance.yahoo.com - July 26 at 7:33 AM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:44 AM
finance.yahoo.com logoWhy Shopify's Stock Has Popped 110% in 2017
finance.yahoo.com - July 25 at 6:38 AM
americanbankingnews.com logoShopify Inc. (NYSE:SHOP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 24 at 12:40 PM
fool.com logoForget Square, Inc.: These 4 Stocks Doubled Last Year - Motley Fool
www.fool.com - July 22 at 8:44 AM
fool.com logoBetter Buy: Shopify Inc. (U.S.) vs. Zendesk Inc.
www.fool.com - July 20 at 10:39 AM
americanbankingnews.com logoShopify Inc. (SHOP) Raised to "Strong-Buy" at Vetr Inc.
www.americanbankingnews.com - July 18 at 12:26 AM
americanbankingnews.com logoWilliam Blair Reiterates Market Perform Rating for Shopify Inc. (SHOP)
www.americanbankingnews.com - July 16 at 5:14 PM

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Chart

Shopify (SHOP) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff