Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Shopify Inc (NYSE: SHOP) closed the day trading at $110.95 down -3.92% from the previous closing price of $115.48. In other words, the price has decreased by -$3.92 from its previous closing price. On the day, 9.97 million shares were traded.
Ratios:
For a better understanding of SHOP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.64. For the most recent quarter (mrq), Quick Ratio is recorded 3.67 and its Current Ratio is at 3.68. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.02.
On January 10, 2025, New Street started tracking the stock assigning a Neutral rating and target price of $115.
Wedbush Upgraded its Neutral to Outperform on January 06, 2025, whereas the target price for the stock was revised from $115 to $125.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’25 when Robert Ashe bought 100,000 shares for $129.34 per share.
FIDJI SIMO bought 500 shares of SHOP for $64,175 on Feb 18 ’25. On Feb 13 ’25, another insider, Tobyn Shannan, who serves as the Director of the company, bought 50,000 shares for $123.59 each.
Valuation Measures:
As of this moment, Shopify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.38, and their Forward P/E ratio for the next fiscal year is 58.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.14 while its Price-to-Book (P/B) ratio in mrq is 12.43.
Stock Price History:
Over the past 52 weeks, SHOP has reached a high of $129.38, while it has fallen to a 52-week low of $48.56. The 50-Day Moving Average of the stock is -1.99%, while the 200-Day Moving Average is calculated to be 30.82%.
Shares Statistics:
A total of 1.22B shares are outstanding, with a floating share count of 1.21B. Insiders hold about 6.43% of the company’s shares, while institutions hold 65.45% stake in the company.
