Shopify Stock Today

SHOP Stock  USD 62.69  0.47  0.74%   

Performance

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Odds Of Distress

Less than 4

 
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Shopify is selling at 62.69 as of the 23rd of July 2024; that is 0.74 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 61.44. Shopify has only four percent chance of going through some form of financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on May 15, 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 19.73 M shares are at this time shorted by private and institutional investors with about 2.0 trading days to cover. More on Shopify

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Follow Valuation Options Odds of Bankruptcy
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Shopify Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentBrittany Forsyth
Thematic IdeaTech Growth (View all Themes)
Business ConcentrationInternet Services & Infrastructure, Software - Application, Information Technology, NYSE Composite, ISE Cloud Computing, 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 'Large-Cap' category with a current market capitalization of 81.38 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 19.73 M shares are at this time shorted by private and institutional investors with about 2.0 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. Over half of Shopify's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that on May 15, 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
Arrowstreet Capital Limited Partnership2024-03-31
16.1 M
Fidelity International Ltd2024-03-31
13.5 M
Norges Bank2023-12-31
13.5 M
Loomis, Sayles & Company Lp2024-03-31
13.4 M
Sands Capital Management, Llc2024-03-31
13.2 M
Franklin Resources Inc2024-03-31
11.7 M
Bank Of Montreal2024-03-31
10.9 M
Bmo Capital Markets Corp.2024-03-31
10.9 M
Bank Of America Corp2024-03-31
9.9 M
Baillie Gifford & Co Limited.2024-03-31
61.4 M
Morgan Stanley - Brokerage Accounts2024-03-31
51.1 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 07/23/2024, Total Operating Expenses is likely to grow to about 3.8 B, though EBIT is likely to grow to (150.1 M). View More Fundamentals

Shopify Stock Against Markets

Shopify Corporate Directors

Thomas EptingDirector NetworkProfile
Robert AsheLead Independent DirectorProfile
Colleen JohnstonIndependent DirectorProfile
John PhillipsIndependent 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.