Shopify Inc - Class A Shares Close the Day 13.9% Higher - Daily Wrap

The company saw its shares close the day 13.9% higher than yesterday, with trading volume higher than its 30 day average.

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May 13, 2022 by Kwhen Finance Editors

Shopify Inc - Class A Shares Close the Day 13.9% Higher - Daily Wrap
Shopify Inc - Class A (SHOP) shares closed today 13.9% higher than it did at the end of yesterday. The stock is currently down 70.8% year-to-date, down 61.6% over the past 12 months, and up 330.1% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.

Trading Activity

  • Shares traded as high as $408.63 and as low as $308.06 this week.
  • Shares closed 77.2% below its 52-week high and 30.6% above its 52-week low.
  • Trading volume this week was 17.8% higher than the 10-day average and 76.7% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.6.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $353 million in earnings before interest and taxes from $3 billion in revenue. It currently holds $7 billion in cash and $495 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is lower than its current P/E ratio of 266.79, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.08. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 1.18 which means it currently has $1.18 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 16.38. This means that the stock is trading at a premium of 16 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 43.44.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 41.42.

P/E

266.79

EBITDA

$353M

P/Book

16.38

Mkt Cap

$48B

P/Sales

43.44

Revenue

$3B

EPS (TTM)

1.43

PEG Ratio

0.08

EV/Revenue

41.42

Total Cash

$7B

Debt/Equity

1.18

Forward P/E

0.00

Current Debt

$495M

Gross Profit

$1B

Dividend Date

-

Earnings Date

2022-07-27

Profit Margin

0.47

Revenue/Share

28.61

Total Revenue

$3B

Enterprise Val

$142B

Put/Call Ratio

1.03

Revenue/Employee

689627.40

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and beats it on a 5-year basis
  • The company share price beats the performance of its peers in the Consumer Discretionary industry sector today, lags it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Shopify Inc - Class A13.9-70.8-61.6-78.920.8
Dow Jones Industrial Average1.4-10.9-3.7-12.92.5
S&P 500 Index2.4-15.2-0.8-17.13.0
Consumer Discretionary3.9-25.4-8.7-30.15.5

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 31.0%
  • The company's stock price performance over the past 12 months lags the peer average by 2.5%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 332.9% higher than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Shopify Inc - Class ASHOP266.8-70.8-61.6-78.920.8
Peer AvgN/A61.6-54.0-60.1-76.821.2
MercadoLibre IncMELI219.7-41.0-38.7-61.917.3
Etsy IncETSY26.9-57.9-41.2-70.719.4
Evolv Technologies Holdings Inc - Class AEVLV0-48.2-76.7-83.436.3
CYREN LtdCYRN0-68.9-83.7-91.111.9

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

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