TSE:SHOPShopify Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Shopify Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$1,030.23 -14.74 (-1.41 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's RangeC$1,011.73Now: C$1,030.23▼C$1,035.6050-Day RangeC$581.96MA: C$920.54▼C$1,187.9852-Week RangeC$352.63Now: C$1,030.23▼C$1,206.08Volume103,777 shsAverage Volume355,578 shsMarket CapitalizationC$123.00 billionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsInsider TradesHeadlinesOptions ChainSocial Media 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. 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.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingShopify has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$535.00, Shopify has a potential downside of 48.1% from its current price of C$1,030.23.Amount of Analyst CoverageShopify has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesShopify has received 215 “outperform” votes. (Add your “outperform” vote.)Underperform VotesShopify has received 229 “underperform” votes. (Add your “underperform” vote.)Community SentimentShopify has received 51.58% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldShopify does not currently pay a dividend.Dividend GrowthShopify does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shopify insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$861,968.00 in company stock. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Shopify are expected to decrease by -100.00% in the coming year, from C$0.73 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shopify is -892.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Shopify is -892.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioShopify has a PEG Ratio of 6.83. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioShopify has a P/B Ratio of 39.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.75 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Software - Application Sub-IndustryN/A SectorComputer and Technology Current SymbolTSE:SHOP Previous Symbol CUSIPN/A CIKN/A Webwww.shopify.com Phone+1-613-2412828Debt Debt-to-Equity Ratio4.65 Current Ratio9.45 Quick Ratio8.60Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio1,411.27 P/E Growth6.83 Sales & Book Value Annual SalesC$1.73 billion Price / Sales71.19 Cash FlowC$19.15 per share Price / Cash Flow53.79 Book ValueC$25.94 per share Price / Book39.72Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees4,000 Outstanding Shares119,393,000Market CapC$123.00 billion Next Earnings DateN/A OptionableOptionable TSX:SHOP Rates by TradingView Receive SHOP News and Ratings via Email Sign-up to receive the latest news and ratings for SHOP and its competitors with MarketBeat's FREE daily newsletter. Shopify (TSE:SHOP) Frequently Asked Questions How has Shopify's stock been impacted by COVID-19 (Coronavirus)? Shopify's stock was trading at C$580.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHOP shares have increased by 77.4% and is now trading at C$1,030.23. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Shopify? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Shopify. What price target have analysts set for SHOP? 3 Wall Street analysts have issued 12 month price objectives for Shopify's shares. Their forecasts range from C$300.00 to C$830.00. On average, they anticipate Shopify's share price to reach C$535.00 in the next twelve months. This suggests that the stock has a possible downside of 48.1%. View analysts' price targets for Shopify. Has Shopify been receiving favorable news coverage? News coverage about SHOP stock has been trending very negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shopify earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutShopify. Who are some of Shopify's key competitors? Some companies that are related to Shopify include SAP (SAP), Constellation Software (CSU), Open Text (OTEX), Nemetschek (NEM), The Sage Group (SGE), Elastic (ESTC), AVEVA Group (AVV), Descartes Systems Group (DSG), Avast (AVST), Kinaxis (KXS), Altium (ALU), Appen (APX), Enghouse Systems (ENGH), Technology One (TNE) and Sophos Group (SOPH). View all 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), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Square (SQ), Micron Technology (MU), Alibaba Group (BABA), Aurora Cannabis (ACB), Dollarama (DOL) and Mastercard (MA). Who are Shopify's key executives? Shopify's management team includes the following 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) What is Shopify's stock symbol? Shopify trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SHOP." How do I buy shares of Shopify? Shares of SHOP and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Shopify's stock price today? One share of SHOP stock can currently be purchased for approximately C$1,030.23. How big of a company is Shopify? Shopify has a market capitalization of C$123.00 billion and generates C$1.73 billion in revenue each year. Shopify employs 4,000 workers across the globe. What is Shopify's official website? The official website for Shopify is www.shopify.com. How can I contact Shopify? Shopify's mailing address is 150 Elgin Street, 8Th Floor, OTTAWA, ON K2P 1L4, Canada. The company can be reached via phone at +1-613-2412828. This page was last updated on 6/1/2020 by MarketBeat.com Staff
