During the recent session, Shopify Inc (NYSE:SHOP)’s traded shares were 1.45 million, with the beta value of the company hitting 2.83. At the last check today, the stock’s price was $101.13, reflecting an intraday loss of -1.33% or -$1.36. The 52-week high for the SHOP share is $129.38, that puts it down -27.93 from that peak though still a striking 51.98% gain since the share price plummeted to a 52-week low of $48.56. The company’s market capitalization is $130.95B, and the average trade volume was 7.47 million shares over the past three months.
Shopify Inc (SHOP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.96. SHOP has a Sell rating from 0 analyst(s) out of 34 analysts who have looked at this stock. 13 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 21 recommend a Buy rating for it.
Shopify Inc (NYSE:SHOP) trade information
Shopify Inc (SHOP) registered a -1.33% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.33% in intraday trading to $101.13, hitting a weekly high. The stock’s 5-day price performance is -9.71%, and it has moved by -16.92% in 30 days. Based on these gigs, the overall price performance for the year is 37.65%.
The consensus price target of analysts on Wall Street is $110, which implies an increase of 8.06% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $80 and $130 respectively. As a result, SHOP is trading at a discount of -28.55% off the target high and 20.89% off the low.
While earnings are projected to return 20.14% in 2025, the next five years will return 25.99% per annum.
SHOP Dividends
Shopify Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Shopify Inc (NYSE:SHOP)’s Major holders
The next largest institutional holding, with 48.71 million shares, is of CAPITAL WORLD INVESTORS’s that is approximately 3.7788% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.22 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Shopify Inc (SHOP) shares are Growth Fund of America Inc and Europacific Growth Fund. Data provided on Dec 31, 2024 indicates that Growth Fund of America Inc owns about 30.28 shares. This amounts to just over 2.49 percent of the company’s overall shares, with a $3.02 billion market value. The same data shows that the other fund manager holds slightly less at 17.44, or about 1.43% of the stock, which is worth about $1.74 billion.
