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. SectorIndustryMarket CapRevenue Computer and TechnologyInternet Services$49.214B$4.612B Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company’s software to run business across various sales channels, including web and mobile storefronts, https://dotbig.com/markets/stocks/SHOP/ physical retail locations, social media storefronts, and marketplaces. Shopify’s platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects.
Shopify call volume above normal and directionally bullish Bullish option flow detected in Shopify with 34,478 calls trading, 1.1x expected, and implied vol increasing over 1… Shopify call volume above normal and directionally bullish Bullish option flow detected in Shopify with 56,640 calls trading, 4x expected, and implied vol increasing over 1… Sign up for a Robinhood brokerage account to buy or sell and options commission-free.
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Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. The retailers are out in force, with a massive marketing push to win consumer dollars during this key holiday shopping season. Just like retail https://dotbig.com/ merchandise, stocks seemingly are at a big discount right now. But investors must shop with care, focusing, in our opinion, on quality companies with solid finances, proven track records, and strong management teams. This week, we used the Argus Screening Tool to find a list of companies that appear to be low risk, have strong balance sheets, and seemingly represent undervalued opportunities.
Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. The firm’s platform provides merchants with a single view of business and … Founded in 2004, Canada-based Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar…
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- Short at 36.50 initially potential pull back but higher short at will monitor.
- Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
- The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
- Moreover, Shopify hosts a huge database of merchant and customer interactions.
- The average price target represents 5.97% Increase from the current price of $38.19.
There may be delays, omissions, or inaccuracies in the Information. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. Shopify stock That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
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The lack of guidance from the company does not help raise our conviction level. The fact that incoming CFO Jeff DotBig Hoffmeister has been a prominent investment banker suggests Shopify will step up its acquisition efforts.
The firm’s platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada. Shopify Inc. provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Shopify stock The Company offers subscription solutions and merchant solutions. The Company’s software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants’ consumers to buy products over mobile Websites.
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Company Summary
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Shopify stock Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
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Specifically, we screened the Argus Universe of Coverage for companies with a BUY rating, a market cap over $8 billion, and with a HIGH financial strength rating from Argus. Then we sorted for those furthest away from their Argus 12-month target price . The following list is weighted towards Technology — which is not surprising after the beating the sector Shopify stock price has taken so far this year. Market capitalization is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Shopify reported third-quarter results that were ahead of our expectations from a revenue and operating margin perspective.
News Sentiment
An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. SHOP monthly bearish DotBig hammer retail wave 5 of downtrend, pretty low, but wave 5 is probably coming. In this environment these types of stocks are going to get even more punished. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, DotBig it takes into account day-to-day movements in market value compared to a company’s liability structure. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Shopify has 5.97% upside potential, based on the analysts’ average price target.