Shopify Inc (US) (SHOP) Analysts See $-0.17 EPS

October 13, 2017 - By Linda Rogers

 Shopify Inc (US) (SHOP) Analysts See $ 0.17 EPS

Wall Street await Shopify Inc (US) (NYSE:SHOP) to release earnings on November, 1. Analysts forecast EPS of $-0.17, down exactly $0.06 or 54.55 % from 2014’s $-0.11 EPS. After posting $-0.15 EPS for the previous quarter, Shopify Inc (US)’s analysts now forecast 13.33 % negative EPS growth. About 1.76 million shares traded. Shopify Inc (US) (NYSE:SHOP) has risen 242.20% since October 14, 2016 and is uptrending. It has outperformed by 225.50% the S&P500.

Shopify Inc (US) (NYSE:SHOP) Ratings Coverage

Among 32 analysts covering Shopify (NYSE:SHOP), 15 have Buy rating, 0 Sell and 17 Hold. Therefore 47% are positive. Shopify had 62 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Outperform” on Tuesday, May 23. Wedbush initiated Shopify Inc (US) (NYSE:SHOP) rating on Thursday, January 21. Wedbush has “Outperform” rating and $25 target. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, September 6. The firm earned “Neutral” rating on Friday, April 28 by BTIG Research. The stock of Shopify Inc (US) (NYSE:SHOP) has “Hold” rating given on Tuesday, August 1 by Oppenheimer. The company was initiated on Tuesday, February 16 by Piper Jaffray. As per Wednesday, April 26, the company rating was maintained by Maxim Group. SunTrust initiated Shopify Inc (US) (NYSE:SHOP) on Monday, June 26 with “Hold” rating. The company was downgraded on Monday, May 1 by Monness Crespi. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, August 1.

Shopify Inc. provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The company has market cap of $9.29 billion. The Firm offers subscription solutions and merchant solutions. It currently has negative earnings. The Company’s software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces.

More notable recent Shopify Inc (US) (NYSE:SHOP) news were published by: Usnews.com which released: “Citron’s Left Says Follow-Up Report on Shopify Likely” on October 11, 2017, also Fool.com with their article: “3 Stocks That Could Soar More Than Shopify” published on October 12, 2017, Investorplace.com published: “3 Reasons Shopify Inc US (SHOP) Stock Will Show 3x Growth Next Year” on October 05, 2017. More interesting news about Shopify Inc (US) (NYSE:SHOP) were released by: Investorplace.com and their article: “Shopify Inc. (SHOP) Still Has Plenty of Room to Run” published on September 29, 2017 as well as Benzinga.com‘s news article titled: “Citron Calls Shopify’s Business ‘Dirtier Than Herbalife’, Values Shares At $60” with publication date: October 04, 2017.

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