Currently, there are 1.22B common shares owned by the public and among those 1.21B shares have been available to trade.
The company’s stock has a 5-day price change of -2.47% and -21.01% over the past three months. SHOP shares are trading -23.22% year to date (YTD), with the 12-month market performance up to 17.62% higher. It has a 12-month low price of $48.56 and touched a high of $129.38 over the same period. SHOP has an average intraday trading volume of 11.03 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.65%, -19.74%, and -10.49% respectively.
Institutional ownership of Shopify Inc (NASDAQ: SHOP) shares accounts for 65.35% of the company’s 1.22B shares outstanding.
It has a market capitalization of $105.71B and a beta (3y monthly) value of 2.62. The stock’s trailing 12-month PE ratio is 52.52, while the earnings-per-share (ttm) stands at $1.55. The company has a PEG of 1.89 and a Quick Ratio of 3.67 with the debt-to-equity ratio at 0.10. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.70% over the week and 7.94% over the month.
Analysts forecast that Shopify Inc (SHOP) will achieve an EPS of 0.26 for the current quarter, 0.32 for the next quarter and 1.88 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.18 while analysts give the company a high EPS estimate of 0.18. Comparatively, EPS for the current quarter was 0.2 a year ago. Earnings per share for the fiscal year are expected to increase by 18.29%, and 25.99% over the next financial year.
Looking at the support for the SHOP, a number of firms have released research notes about the stock. Mizuho stated their Neutral rating for the stock in a research note on April 14, 2025, with the firm’s price target at $110-$85. The Benchmark Company coverage for the Shopify Inc (SHOP) stock in a research note released on February 10, 2025 offered a Buy rating with a price target of $150. New Street was of a view on January 10, 2025 that the stock is Neutral, while Wedbush gave the stock Outperform rating on January 06, 2025, issuing a price target of $115- $125. Loop Capital on their part issued Buy rating on December 06, 2024.
