Shopify Stock Last Dividend Paid
SHOP Stock | USD 106.96 0.48 0.45% |
Shopify fundamentals help investors to digest information that contributes to Shopify's financial success or failures. It also enables traders to predict the movement of Shopify Stock. The fundamental analysis module provides a way to measure Shopify's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shopify stock.
Shopify | Last Dividend Paid |
Shopify Company Last Dividend Paid Analysis
Shopify's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Shopify Last Dividend Paid Driver Correlations
Understanding the fundamental principles of building solid financial models for Shopify is extremely important. It helps to project a fair market value of Shopify Stock properly, considering its historical fundamentals such as Last Dividend Paid. Since Shopify's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Shopify's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Shopify's interrelated accounts and indicators.
Click cells to compare fundamentals
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Competition |
Shopify Dividend Paid And Capex Coverage Ratio
Dividend Paid And Capex Coverage Ratio |
|
Based on the recorded statements, Shopify has a Last Dividend Paid of 0.0. This indicator is about the same for the IT Services average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Shopify Current Valuation Drivers
We derive many important indicators used in calculating different scores of Shopify from analyzing Shopify's financial statements. These drivers represent accounts that assess Shopify's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Shopify's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 44.9B | 135.3B | 171.7B | 44.0B | 99.8B | 52.4B | |
Enterprise Value | 44.4B | 133.6B | 170.4B | 43.7B | 99.6B | 51.9B |
Shopify ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Shopify's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shopify's managers, analysts, and investors.Environmental | Governance | Social |
Shopify Fundamentals
Return On Equity | 0.15 | ||||
Return On Asset | 0.0563 | ||||
Profit Margin | 0.16 % | ||||
Operating Margin | 0.14 % | ||||
Current Valuation | 134.39 B | ||||
Shares Outstanding | 1.21 B | ||||
Shares Owned By Insiders | 0.18 % | ||||
Shares Owned By Institutions | 70.58 % | ||||
Number Of Shares Shorted | 21.62 M | ||||
Price To Earning | 282.85 X | ||||
Price To Book | 13.66 X | ||||
Price To Sales | 16.82 X | ||||
Revenue | 7.06 B | ||||
Gross Profit | 2.75 B | ||||
EBITDA | (8 M) | ||||
Net Income | 132 M | ||||
Cash And Equivalents | 1.65 B | ||||
Cash Per Share | 3.88 X | ||||
Total Debt | 1.15 B | ||||
Debt To Equity | 0.15 % | ||||
Current Ratio | 6.64 X | ||||
Book Value Per Share | 7.05 X | ||||
Cash Flow From Operations | 944 M | ||||
Short Ratio | 3.89 X | ||||
Earnings Per Share | 0.99 X | ||||
Price To Earnings To Growth | 1.12 X | ||||
Target Price | 108.27 | ||||
Number Of Employees | 8.3 K | ||||
Beta | 2.37 | ||||
Market Capitalization | 141.3 B | ||||
Total Asset | 11.3 B | ||||
Retained Earnings | (390 M) | ||||
Working Capital | 5.38 B | ||||
Current Asset | 202.47 M | ||||
Current Liabilities | 37.24 M | ||||
Net Asset | 11.3 B |
About Shopify Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shopify's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shopify using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shopify based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Shopify
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shopify position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shopify will appreciate offsetting losses from the drop in the long position's value.Moving together with Shopify Stock
0.77 | DJCO | Daily Journal Corp | PairCorr |
0.77 | AI | C3 Ai Inc Trending | PairCorr |
0.79 | AZ | A2Z Smart Technologies | PairCorr |
0.8 | BL | Blackline | PairCorr |
Moving against Shopify Stock
The ability to find closely correlated positions to Shopify could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shopify when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shopify - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shopify to buy it.
The correlation of Shopify is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shopify moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shopify moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shopify can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.