Shopify Stock Today

SHOP Stock  USD 112.54  0.46  0.41%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Shopify is selling at 112.54 as of the 28th of November 2024; that is 0.41 percent increase since the beginning of the trading day. The stock's last reported lowest price was 112.08. Shopify has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on September 11, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Shopify's common stock.
Business Domain
Software & Services
IPO Date
21st of May 2015
Category
Technology
Classification
Information Technology
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. The company has 1.21 B outstanding shares of which 21.62 M shares are at this time shorted by private and institutional investors with about 3.89 trading days to cover. More on Shopify

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Shopify Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman, FounderTobias Ltke
Thematic IdeaTech Growth (View all Themes)
Business ConcentrationInternet Services & Infrastructure, Software - Application, Information Technology, NYSE Composite, ISE Cloud Computing, Thomson Reuters Canada, SP TSX Composite, Tech Growth, Information Technology, IT Services, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.670.6248
Notably Up
Pretty Stable
Gross Profit Margin0.640.4979
Significantly Up
Slightly volatile
Total Current Liabilities942.9 M898 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Assets11.9 B11.3 B
Sufficiently Up
Slightly volatile
Total Current Assets3.4 B6.3 B
Way Down
Slightly volatile
Debt Levels
Shopify can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Shopify's financial leverage. It provides some insight into what part of Shopify's total assets is financed by creditors.
Liquidity
Shopify currently holds 1.15 B in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Shopify has a current ratio of 6.51, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Shopify's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(63.65 Million)
Shopify (SHOP) is traded on New York Stock Exchange in USA. It is located in 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8 and employs 8,300 people. Shopify is listed under Internet Services & Infrastructure category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 141.3 B. Shopify conducts business under IT Services sector and is part of Information Technology industry. The entity has 1.21 B outstanding shares of which 21.62 M shares are at this time shorted by private and institutional investors with about 3.89 trading days to cover. Shopify currently holds about 1.65 B in cash with 944 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.88.
Check Shopify Probability Of Bankruptcy
Ownership Allocation
Shopify shows a total of 1.21 Billion outstanding shares. The majority of Shopify outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Shopify to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Shopify. Please pay attention to any change in the institutional holdings of Shopify as this could imply that something significant has changed or is about to change at the company. On September 11, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Shopify's common stock.
Check Shopify Ownership Details

Shopify Stock Institutional Holders

InstituionRecorded OnShares
Loomis, Sayles & Company Lp2024-06-30
15.5 M
Sands Capital Management, Llc2024-09-30
15.2 M
Norges Bank2024-06-30
14.2 M
Franklin Resources Inc2024-09-30
11.9 M
Bank Of Montreal2024-06-30
11.3 M
Bmo Capital Markets Corp.2024-06-30
11.3 M
Bank Of America Corp2024-06-30
10.6 M
Fidelity International Ltd2024-06-30
9.9 M
Artisan Partners Limited Partnership2024-09-30
9.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
97.1 M
Baillie Gifford & Co Limited.2024-09-30
63.4 M
View Shopify Diagnostics

Shopify Historical Income Statement

At this time, Shopify's Cost Of Revenue is relatively stable compared to the past year. As of 11/28/2024, Total Operating Expenses is likely to grow to about 5.2 B, though EBIT is likely to grow to (74.1 M). View More Fundamentals

Shopify Stock Against Markets

Shopify Corporate Directors

Carrie GillardDirector RelationsProfile
Thomas EptingDirector NetworkProfile
Robert AsheLead Independent DirectorProfile
Colleen JohnstonIndependent DirectorProfile

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.