Shopify Inc (NASDAQ:SHOP) currently has a daily average trading volume of 13.75M but it saw 6634993 shares traded in last market. With a market cap of 139.73B USD, the company’s current market price of $107.70 came rising about 0.55 while comparing to the previous closing price of $107.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $129.38 and as low as $48.56.
BNP Paribas Exane issued its recommendations for the stock as it downgraded the price target for the stock is $100.
Over the week, SHOP’s stock price is moving 5.26% up while it is 8.88% when we observe its performance for the past one month. Year-to-date it is 1.29% up and over the past year, the stock is showing an upside performance of 89.05%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.29 while estimate for next year EPS is 1.4. In next quarter, company is expected to be making quarterly sales of $2.62B as analysts are expecting the sales for current fiscal year at $10.87B and seeing the company making $13.09B in sales next year. Moreover, analysts are in estimates of $2.54B for current-quarter revenue.
Currently, Shopify Inc’s total number of outstanding shares is 1.22B with 0.19% of that held by the insiders while 72.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 14.31% and return on equity (ROE) at 16.15%. It has a price to earnings ratio (P/E ratio) of 86.85 while having a 60.04 of forward P/E ratio. Stock’s beta reads 2.64. Stock has a price to book (P/B) ratio of 12.64 while price to sale or P/S ratio amounts to 14.90. Its return on asset (ROA) is 13.14% on average.
