Shopify Inc. (SHOP) EPS Estimated At $-0.23 as of May, 1

MML Investors Services LLC trimmed its holdings in shares of Shopify (NYSE:SHOP) (TSE:SHOP) by 39.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The software maker reported ($0.03) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.12) by $0.09. The earnings per share diference is $0.08 or 53.33 % down from last years number. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. On Wednesday, November 1 the stock has "Equal-Weight" rating by Barclays Capital. Hedge funds and other institutional investors own 56.04% of the company's stock. William Blair reissued a "market perform" rating on shares of Shopify in a report on Thursday, February 15th. In Wednesday, November 1 report Roth Capital maintained the stock with "Buy" rating. On Friday, February 16 Morgan Stanley maintained the shares of SHOP in report with "Equal-Weight" rating. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned about 0.14% of Shopify worth $12,625,000 as of its most recent SEC filing. In Tuesday, October 31 report SunTrust maintained the stock with "Hold" rating. National Bank Financial lifted their price objective on Shopify from $120.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 30th. The company now has a consensus rating of "Buy" and an average target price of $124.63. Whale Rock Capital Management LLC boosted its holdings in shares of Shopify by 23.6% during the 4th quarter. Analysts have anticipation on stock's earnings per share of $-0.23. Canaccord Genuity reiterated a buy rating and issued a $155.00 target price (up from $115.00) on shares of Shopify in a research report on Friday, February 16th. On during the last trading session the stock decreased $3.24 or 2.68%, reaching $117.51.Shopify Inc. has 4.58M shares volume, 135.36% up from normal. Prime Capital Investment Advisors LLC acquired a new stake in Shopify during the fourth quarter worth approximately $152,000. The firm has a market capitalization of $12,060.15, a price-to-earnings ratio of -279.79 and a beta of 1.29. Zevenbergen Capital Investments LLC now owns 885,840 shares of the software maker's stock valued at $103,192,000 after purchasing an additional 47,885 shares during the last quarter. On Tuesday, November 21 the company was maintained by Roth Capital. Millennium Management LLC bought a new stake in Shopify in the fourth quarter valued at about $1,538,000. (NYSE:SHOP) opened at 59.67 on Friday. (NYSE:SHOP) with "Buy" rating. On Monday, December 11 the rating was maintained by Raymond James with "Buy".

Shopify Inc provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing.

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