Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Shopify Inc is a software-application business based in the US. Shopify shares (SHOP) are listed on the NYSE and all prices are listed in US Dollars. Shopify employs 7,000 staff and has a trailing 12-month revenue of around USD$3.9 billion.
Promoted for
Free Trades
Promoted for
Beginners
Promoted for
US Stocks
Promoted for
Savvy Investors
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Since the stock market crash in March caused by coronavirus, Shopify's stock price has had significant positive movement.
Its last market close was $1425.85, which is 63.48% up on its pre-crash value of $520.66 and 367.03% up on the lowest point reached during the March crash when the stocks fell as low as $305.3001.
If you had bought $1,000 worth of Shopify stocks at the start of February 2020, those stocks would have been worth $799.58 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $3,037.06.
| Latest market close | $1,425.85 |
|---|---|
| 52-week range | $875.00 - $1,650.00 |
| 50-day moving average | $1,435.09 |
| 200-day moving average | $1,371.35 |
| Wall St. target price | $2,068.31 |
| PE ratio | 73.2407 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $19.47 |
Note: The dollar amounts in the table below are in Canadian dollars.
Historical closes compared with the close of $1425.85 from 2021-10-22
| 1 week (2021-10-14) | 1.36% |
|---|---|
| 1 month (2021-09-24) | -1.26% |
| 3 months (2021-07-25) | -4.62% |
| 6 months (2021-04-23) | 29.74% |
| 1 year (2020-10-23) | 38.94% |
|---|---|
| 2 years (2019-10-24) | 340.98% |
| 3 years (2018-10-24) | 1,066.15% |
| 5 years (2016-10-24) | 3,150.91% |
Valuing Shopify stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shopify's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Shopify's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 73x. In other words, Shopify shares trade at around 73x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Shopify's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $531.6 million.
The EBITDA is a measure of a Shopify's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $3.9 billion |
|---|---|
| Operating margin TTM | 12.31% |
| Gross profit TTM | $1.5 billion |
| Return on assets TTM | 3.48% |
| Return on equity TTM | 33.26% |
| Profit margin | 63.65% |
| Book value | $81.12 |
| Market capitalisation | $178.4 billion |
TTM: trailing 12 months
There are currently 1.7 million Shopify shares held short by investors – that's known as Shopify's "short interest". This figure is 5.9% down from 1.8 million last month.
There are a few different ways that this level of interest in shorting Shopify shares can be evaluated.
Shopify's "short interest ratio" (SIR) is the quantity of Shopify shares currently shorted divided by the average quantity of Shopify shares traded daily (recently around 776211.7370892). Shopify's SIR currently stands at 2.13. In other words for every 100,000 Shopify shares traded daily on the market, roughly 2130 shares are currently held short.
However Shopify's short interest can also be evaluated against the total number of Shopify shares, or, against the total number of tradable Shopify shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Shopify's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Shopify shares in existence, roughly 10 shares are currently held short) or 0.0256% of the tradable shares (for every 100,000 tradable Shopify shares, roughly 26 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Shopify.
We're not expecting Shopify to pay a dividend over the next 12 months.
Over the last 12 months, Shopify's shares have ranged in value from as little as $875 up to $1650. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Shopify's is 1.4873. This would suggest that Shopify's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Shopify Inc. , a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011.
Stock trading doesn’t have to be expensive. Using Finder’s proprietary algorithm, we’ve identified the best cheap Canadian and US stocks to buy now.
Read more…
Steps to owning and managing Cue Health stocks, with 24-hour and historical pricing before you buy.
Read more…
Steps to owning and managing ARBK stock, with 24-hour and historical pricing before you buy.
Read more…Everything we know about the AirSculpt Technologies IPO, plus information on how to buy in.
Everything we know about the Candela Medical IPO, plus information on how to buy in.
Everything we know about the Ensemble Health Partners IPO, plus information on how to buy in.
Everything we know about the Fluence Energy IPO, plus information on how to buy in.
Everything we know about the GlobalFoundries IPO, plus information on how to buy in.
Everything we know about the LianBio IPO, plus information on how to buy in.
Everything we know about the Rent the Runway IPO, plus information on how to buy in.
Everything we know about the Solo Brands IPO, plus information on how to buy in.
Everything we know about the Udemy IPO, plus information on how to buy in.
Everything we know about the Arteris IPO, plus information on how to buy in.
