Shopify Inc (NASDAQ: SHOP) is -0.93% lower on its value in year-to-date trading and has touched a low of $48.56 and a high of $129.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHOP stock was last observed hovering at around $109.21 in the last trading session, with the day’s loss setting it -3.87%.
Currently trading at $105.34, the stock is -1.58% and 7.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.97 million and changing -3.54% at the moment leaves the stock 7.26% off its SMA200. SHOP registered 65.06% gain for a year compared to 6-month loss of -7.15%.
The stock witnessed a -5.48% gain in the last 1 month and extending the period to 3 months gives it a 11.06%, and is -5.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.00% over the week and 2.85% over the month.
Shopify Inc (SHOP) has around 8100 employees, a market worth around $136.67B and $9.38B in sales. Current P/E ratio is 84.95 and Fwd P/E is 58.93. Profit margin for the company is 17.17%. Distance from 52-week low is 116.93% and -18.58% from its 52-week high. The company has generated returns on investments over the last 12 months (14.31%).
The EPS is expected to grow by 10.60% this year.
Shopify Inc (SHOP) Top Institutional Holders
The shares outstanding are 1.22B, and float is at 1.21B with Short Float at 2.24%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 55.24 million shares valued at $3.65 billion. The investor’s holdings represent 4.2854% of the SHOP Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 48.71 million shares valued at $3.22 billion to account for 3.7788 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 48.54 million shares representing 3.7658% and valued at over $3.21 billion, while VANGUARD GROUP INC holds 3.5332 of the shares totaling 45.54 million with a market value of $3.01 billion.
Shopify Inc (SHOP) Insider Activity
Still, SEC filings show that on May 14 ’25, Jessica Hertz (Officer) Proposed Sale 10,500 shares at an average price of $107.68 for $1.13 million. The insider now directly holds shares of Shopify Inc (SHOP).
