Shopify Company Profile (NYSE:SHOP)

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

Shopify Inc. (NYSE:SHOP) posted its quarterly earnings results on Tuesday, May, 2nd. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.22) by $0.07. The business had revenue of $127.40 million for 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 business's revenue was up 75.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.06) EPS. View Shopify's Earnings History.

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

35 brokers have issued 12 month target prices for Shopify's shares. Their forecasts range from $40.00 to $134.00. On average, they expect Shopify's stock price to reach $79.45 in the next year. View Analyst Ratings for Shopify.

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)

Some companies that are related to Shopify include MercadoLibre (MELI), Boohoo.Com PLC (BOO), The Trade Desk (TTD), AO World PLC (AO), Overstock.com (OSTK), Jumei International Holding Limited (JMEI), Mysale Group PLC (MYSL), Points International (PCOM), CafePress (PRSS), Borderfree (BRDR), Cnova NV (CNV), E Commerce China Dangdang (DANG), Geeknet (GKNT) and JD.com (JD).

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

(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.

Shopify's stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.33%), Mn Services Vermogensbeheer B.V. (0.01%), Boyd Watterson Asset Management LLC OH (0.01%), Eqis Capital Management Inc. (0.01%), Dubuque Bank & Trust Co. (0.01%) and Nadler Financial Group Inc. (0.00%). View Institutional Ownership Trends for Shopify.

Shopify's stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Independent Portfolio Consultants Inc., Boyd Watterson Asset Management LLC OH and Pier 88 Investment Partners LLC. View Insider Buying and Selling for Shopify.

Shopify's stock was acquired by a variety of institutional investors in the last quarter, including Mn Services Vermogensbeheer B.V., Eqis Capital Management Inc., Dubuque Bank & Trust Co. and Nadler Financial Group Inc.. View Insider Buying and Selling for Shopify.

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.

One share of Shopify stock can currently be purchased for approximately $90.87.