2 weeks Ago By Defense World Staff
Shopify Inc. ( NYSE:SHOP – Free Report ) (TSE:SHOP) – Equities research analysts at DA Davidson dropped their FY2026 earnings estimates for Shopify in a research report issued on Tuesday, April 15th. DA Davidson analyst G.
Luria now anticipates that the software maker will post earnings per share of $1.34 for the year, down from their previous estimate of $1.54.
DA Davidson has a “Buy” rating and a $115.00 price target on the stock. The consensus estimate for Shopify’s current full-year earnings is $1.
12 per share. Other equities analysts have also recently issued research reports about the company. Scotiabank boosted their price target on Shopify from $115.
00 to $120.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 12th. Phillip Securities cut shares of Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 17th.
Royal Bank of Canada reduced their price objective on shares of Shopify from $145.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday.
JPMorgan Chase & Co. boosted their target price on shares of Shopify from $121.00 to $124.
00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Finally, Citigroup increased their price target on shares of Shopify from $143.00 to $175.
00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.
com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $120.94. Shopify Stock Performance NYSE:SHOP opened at $83.
65 on Thursday. The stock has a 50-day simple moving average of $101.26 and a 200-day simple moving average of $101.
43. Shopify has a 1 year low of $48.56 and a 1 year high of $129.
38. The stock has a market cap of $108.31 billion, a P/E ratio of 53.
97, a P/E/G ratio of 4.82 and a beta of 2.82.
Shopify ( NYSE:SHOP – Get Free Report ) (TSE:SHOP) last released its quarterly earnings results on Tuesday, February 11th. The software maker reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
44 by ($0.10). Shopify had a net margin of 22.
74% and a return on equity of 12.00%. Institutional Trading of Shopify A number of institutional investors and hedge funds have recently modified their holdings of SHOP.
Allianz SE bought a new position in Shopify during the fourth quarter valued at about $27,000. PFG Private Wealth Management LLC boosted its stake in Shopify by 3,657.1% in the fourth quarter.
PFG Private Wealth Management LLC now owns 263 shares of the software maker’s stock valued at $28,000 after acquiring an additional 256 shares during the last quarter. Fourth Dimension Wealth LLC bought a new position in shares of Shopify during the 4th quarter valued at approximately $30,000. Mark Sheptoff Financial Planning LLC increased its stake in shares of Shopify by 50.
0% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the software maker’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Finally, New Wave Wealth Advisors LLC bought a new stake in shares of Shopify in the 4th quarter worth approximately $39,000.
69.27% of the stock is owned by hedge funds and other institutional investors. About Shopify ( Get Free Report ) Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America.
The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. Featured Stories Five stocks we like better than Shopify Dividend Capture Strategy: What You Need to Know Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally What Are the U.K.
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