Shopify Stock Today
| SHOP Stock | CAD 149.48 0.67 0.45% |
Performance15 of 100
| Odds Of DistressLess than 3
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Shopify is selling at 149.48 as of the 22nd of November 2024; that is 0.45 percent increase since the beginning of the trading day. The stock's open price was 148.81. Shopify has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Shopify are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Software & Services | 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 10.96 M shares are at this time shorted by private and institutional investors with about 4.94 days to cover all short positions. More on Shopify
Moving against Shopify Stock
| 0.65 | DELX | DelphX Capital Markets Earnings Call This Week | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Shopify Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Shopify's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shopify or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Tobias Lutke | ||||
| Business Concentration | Application Software, Software - Application, Information Technology, Information Technology, Software, Software—Application, Technology (View all Sectors) | ||||
Shopify's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Shopify's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsShopify 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.
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Shopify (SHOP) is traded on Toronto Exchange in Canada and employs 8,300 people. Shopify is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 196.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shopify's market, we take the total number of its shares issued and multiply it by Shopify's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Shopify operates under Software sector and is part of Information Technology industry. The entity has 1.21 B outstanding shares of which 10.96 M shares are at this time shorted by private and institutional investors with about 4.94 days to cover all short positions.
Shopify has accumulated about 1.65 B in cash with 944 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.48.
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Ownership AllocationShopify shows a total of 1.21 Billion outstanding shares. The majority of Shopify outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Shopify to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Shopify. Please pay attention to any change in the institutional holdings of Shopify as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Shopify Risk Profiles
Although Shopify's alpha and beta are two of the key measurements used to evaluate Shopify's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.99 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 3.37 | |||
| Variance | 11.34 |
Shopify Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Shopify without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Shopify Corporate Directors
| Steven Collins | Independent Director | Profile | |
| Carrie Gillard | Director Relations | Profile | |
| Thomas Epting | Director Network | Profile | |
| Robert Ashe | Lead Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.