ILLEGAL ACTIVITY NOTICE: "Penserra Capital Management LLC Increases Holdings in Shopify Inc". Analysts expect next quarter's EPS to be $0.02 with next year's EPS projected to be $0.21.
Other analysts have also issued reports about the stock. The average estimate of 16 analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
Shopify Inc. (NYSE:SHOP) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research report issued on Wednesday. The operating margin is -9.60% percent and the net profit margin stands at -9.00% percent. The company had revenue of $151.70 million for the quarter, compared to analysts' expectations of $143.94 million. Next quarter's EPS is forecasted at $0.02 with next year's EPS anticipated to be $0.21. The firm's quarterly revenue was up 75.2% on a year-over-year basis. Macquarie lifted their price target on Shopify from $121.00 to $146.00 and gave the company an "outperform" rating in a report on Wednesday, September 20th. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Robert W. Baird reaffirmed a "buy" rating and set a $110.00 price target on shares of Shopify in a report on Friday, September 29th. The firm has "Outperform" rating by Wedbush given on Friday, April 21. The rating was maintained by Canaccord Genuity on Tuesday, August 1 with "Buy". $78.45's average target is -27.50% below currents $108.2 stock price. RBC Capital Markets maintained Shopify Inc (US) (NYSE:SHOP) rating on Monday, May 2.
Company shares last traded at $99.65 which is slightly below the 50 day moving average which is $108.83 and which is marginally under the 200 day moving average of $108.83. The stock's market capitalization is $9.82 billion. Shopify has a 12 month low of $18.48 and a 12 month high of $45.20.Читайте также: Éric Monier, chef de rédaction de LCI, accusé de harcèlement sexuel
These funds have shifted positions in (SHOP). BlackRock Advisors LLC acquired a new position in shares of Shopify during the second quarter worth about $3,414,000. Finally, Stephens Investment Management Group LLC acquired a new position in shares of Shopify during the second quarter worth about $13,921,000. FMR LLC raised its stake in shares of Shopify by 8.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,420 shares of the software maker's stock worth $123,000 after acquiring an additional 298 shares during the last quarter. Institutional investors own 55.03% of the company's stock.
Shopify Inc. Class A Subordinat in recent headlines. "(SHOP) Expected to Announce Quarterly Sales of $165.99 Million" was posted by Week Herald and is the property of of Week Herald. If you are viewing this piece on another publication, it was copied illegally and republished in violation of United States and worldwide trademark & copyright legislation.
Shopify Inc. provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Firm offers subscription solutions and merchant solutions.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2021 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог