Key Facts About Shopify – A Comprehensive Overview

By Blake Campbell • Monday, November 18 15:15 • Permanent Link

More and more people are talking about Shopify over the last few weeks. Is it worth buying the Software stock at a price of $106.3? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Shopify has moved 56.1% over the last year, and the S&P 500 logged a change of 29.1%
SHOP has an average analyst rating of buy and is -7.3% away from its mean target price of $114.67 per share
Its trailing earnings per share (EPS) is $1.07
Shopify has a trailing 12 month Price to Earnings (P/E) ratio of 99.3 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $1.85 and its forward P/E ratio is 57.5
The company has a Price to Book (P/B) ratio of 13.57 in contrast to the S&P 500's average ratio of 4.74
Shopify is part of the Technology sector, which has an average P/E ratio of 30.01 and an average P/B of 3.91
SHOP has reported YOY quarterly earnings growth of 16.4% and gross profit margins of 0.5%
The company has a free cash flow of $861.12 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through 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, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.