Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Shopify Inc (NASDAQ: SHOP) closed at $97.64 up 2.26% from its previous closing price of $95.48. In other words, the price has increased by $2.26 from its previous closing price. On the day, 10.27 million shares were traded. SHOP stock price reached its highest trading level at $99.54 during the session, while it also had its lowest trading level at $94.0.
Ratios:
For a deeper understanding of Shopify Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 80.81. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 24 ’25 when Tobias Lutke bought 1,032,787 shares for $94.85 per share.
Toby Shannan bought 2,902 shares of SHOP for $275,217 on Mar 24 ’25. On Mar 24 ’25, another insider, Robert Ashe, who serves as the Director of the company, bought 3,149 shares for $94.85 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHOP now has a Market Capitalization of 125703692288 and an Enterprise Value of 122038296576. As of this moment, Shopify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.82, and their Forward P/E ratio for the next fiscal year is 51.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.24 while its Price-to-Book (P/B) ratio in mrq is 10.94. Its current Enterprise Value per Revenue stands at 13.743 whereas that against EBITDA is 95.119.
Stock Price History:
The Beta on a monthly basis for SHOP is 2.82, which has changed by 0.29085135 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. 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 -10.79%, while the 200-Day Moving Average is calculated to be 8.49%.
Shares Statistics:
For the past three months, SHOP has traded an average of 8.80M shares per day and 10517890 over the past ten days. A total of 1.22B shares are outstanding, with a floating share count of 1.21B. Insiders hold about 6.41% of the company’s shares, while institutions hold 65.29% stake in the company. Shares short for SHOP as of 1741910400 were 15151686 with a Short Ratio of 1.72, compared to 1739491200 on 15398771. Therefore, it implies a Short% of Shares Outstanding of 15151686 and a Short% of Float of 2.08.