Shopify Stock Analysis
| SHOP Stock | USD 115.60 3.06 2.72% |
Shopify is overvalued with Real Value of 94.44 and Target Price of 66.14. The main objective of Shopify stock analysis is to determine its intrinsic value, which is an estimate of what Shopify is worth, separate from its market price. There are two main types of Shopify's stock analysis: fundamental analysis and technical analysis.
The Shopify stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Shopify is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Shopify Stock trading window is adjusted to America/New York timezone.
Shopify |
Shopify Stock Analysis Notes
About 71.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.12. Shopify had not issued any dividends in recent years. The entity had 10:1 split on the 29th of June 2022. Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. Shopify operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 10000 people. To find out more about Shopify contact the company at 613-241-2828 or learn more at https://www.shopify.com.Shopify Quarterly Total Revenue |
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Shopify Investment Alerts
| Shopify appears to be risky and price may revert if volatility continues | |
| Shopify is unlikely to experience financial distress in the next 2 years | |
| Shopify has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from investors.com: E-Commerce Spending Hits Thanksgiving Record. Amazon, Shopify Stock Gain In Black Friday Trading. |
Shopify Upcoming and Recent Events
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Shopify Largest EPS Surprises
Earnings surprises can significantly impact Shopify's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-10-29 | 2019-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2019-02-12 | 2018-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2016-11-02 | 2016-09-30 | -0.03 | -0.02 | 0.01 | 33 |
Shopify Environmental, Social, and Governance (ESG) Scores
Shopify's ESG score is a quantitative measure that evaluates Shopify's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Shopify's operations that may have significant financial implications and affect Shopify's stock price as well as guide investors towards more socially responsible investments.
Shopify Thematic Classifications
In addition to having Shopify stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Tech GrowthLarge and mid-sized technology companies, funds, and technology-based ETFs that are considered growing |
Shopify Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Loomis, Sayles & Company Lp | 2024-06-30 | 15.5 M | Sands Capital Management, Llc | 2024-09-30 | 15.2 M | Norges Bank | 2024-06-30 | 14.2 M | Franklin Resources Inc | 2024-09-30 | 11.9 M | Bank Of Montreal | 2024-06-30 | 11.3 M | Bmo Capital Markets Corp. | 2024-06-30 | 11.3 M | Bank Of America Corp | 2024-06-30 | 10.6 M | Fidelity International Ltd | 2024-06-30 | 9.9 M | Artisan Partners Limited Partnership | 2024-09-30 | 9.8 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 97.1 M | Baillie Gifford & Co Limited. | 2024-09-30 | 63.4 M |
Shopify Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 141.3 B.Shopify Profitablity
The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.01 | 0.02 |
Management Efficiency
Shopify has return on total asset (ROA) of 0.0563 % which means that it generated a profit of $0.0563 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1531 %, meaning that it created $0.1531 on every $100 dollars invested by stockholders. Shopify's management efficiency ratios could be used to measure how well Shopify manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.03. As of 11/30/2024, Total Current Liabilities is likely to grow to about 942.9 M. Also, Liabilities And Stockholders Equity is likely to grow to about 11.9 B| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.07 | 7.43 | |
| Tangible Book Value Per Share | 6.72 | 7.05 | |
| Enterprise Value Over EBITDA | -12.4 K | -11.8 K | |
| Price Book Value Ratio | 11.01 | 15.57 | |
| Enterprise Value Multiple | -12.4 K | -11.8 K | |
| Price Fair Value | 11.01 | 15.57 | |
| Enterprise Value | 99.6 B | 51.9 B |
The management team at Shopify has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Operating Margin 0.1384 | Profit Margin 0.164 | Beta 2.365 | Return On Assets 0.0563 | Return On Equity 0.1531 |
Technical Drivers
As of the 30th of November, Shopify has the Risk Adjusted Performance of 0.1818, coefficient of variation of 438.99, and Semi Deviation of 1.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shopify, as well as the relationship between them.Shopify Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Shopify middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Shopify. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Shopify Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Shopify insiders, such as employees or executives, is commonly permitted as long as it does not rely on Shopify's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Shopify insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Eisenberg Michael A over six months ago Discretionary transaction by Eisenberg Michael A of 3141670 shares of Shopify subject to Rule 16b-3 | ||
Eisenberg Michael A over six months ago Acquisition by Eisenberg Michael A of 75000 shares of Shopify subject to Rule 16b-3 |
Shopify Outstanding Bonds
Shopify issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shopify uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shopify bonds can be classified according to their maturity, which is the date when Shopify has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Shopify Predictive Daily Indicators
Shopify intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shopify stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Shopify Corporate Filings
6K | 12th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 5th of November 2024 Other Reports | ViewVerify | |
F4 | 29th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
6K | 6th of September 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 7th of August 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
F4 | 30th of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
6K | 5th of June 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 24th of May 2024 Other Reports | ViewVerify |
Shopify Forecast Models
Shopify's time-series forecasting models are one of many Shopify's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Shopify's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Shopify Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Shopify prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Shopify shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Shopify. By using and applying Shopify Stock analysis, traders can create a robust methodology for identifying Shopify entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.03 | 0.03 | |
| Operating Profit Margin | 0.04 | 0.04 | |
| Net Profit Margin | 0.02 | 0.02 | |
| Gross Profit Margin | 0.50 | 0.64 |
Current Shopify Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Shopify analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Shopify analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 66.14 | Buy | 52 | Odds |
Most Shopify analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Shopify stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Shopify, talking to its executives and customers, or listening to Shopify conference calls.
Shopify Stock Analysis Indicators
Shopify stock analysis indicators help investors evaluate how Shopify stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Shopify shares will generate the highest return on investment. By understating and applying Shopify stock analysis, traders can identify Shopify position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 1.6 B | |
| Long Term Debt | 916 M | |
| Common Stock Shares Outstanding | 1.3 B | |
| Total Stockholder Equity | 9.1 B | |
| Tax Provision | 53 M | |
| Quarterly Earnings Growth Y O Y | 4.858 | |
| Property Plant And Equipment Net | 147 M | |
| Cash And Short Term Investments | 5 B | |
| Cash | 1.4 B | |
| Accounts Payable | 364 M | |
| Net Debt | -263 M | |
| 50 Day M A | 78.7236 | |
| Total Current Liabilities | 898 M | |
| Other Operating Expenses | 8.5 B | |
| Non Current Assets Total | 5 B | |
| Forward Price Earnings | 78.125 | |
| Non Currrent Assets Other | 225.1 K | |
| Stock Based Compensation | 615 M |
Additional Tools for Shopify Stock Analysis
When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.