Shopify Inc. (SHOP)
(Delayed Data from NYSE)
$137.37 USD
-8.46 (-5.80%)
Updated Oct 17, 2018 03:58 PM ET
3-Hold 3
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 2 3 4 5 S&P |
Strong Buy Buy Hold Sell Strong Sell 500 |
25.68% 18.56% 10.1% 5.5% 2.33% 10.82% |
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F Value | F Growth | A Momentum | F VGM
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
| Value Score | A |
|---|---|
| Growth Score | A |
| Momentum Score | A |
| VGM Score | A |
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
Zacks Style Scores Education - Learn more about the Zacks Style Scores
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.
The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.
Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank
Detailed Estimates
Estimates
| Next Report Date | *BMO10/25/18 |
|---|---|
| Current Quarter | -0.03 |
| EPS Last Quarter | -0.02 |
| Last EPS Surprise | 200.00% |
| ABR | 2.00 |
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.
| Earnings ESP | 154.88% |
|---|---|
| Current Year | 0.22 |
| Next Year | 0.60 |
| EPS (TTM) | 0.26 |
| P/E (F1) | 671.00 |
Sales Estimates
| Current Qtr (9/2018) |
Next Qtr (12/2018) |
Current Year (12/2018) |
Next Year (12/2019) |
|
|---|---|---|---|---|
| Zacks Consensus Estimate | 257.14M | 313.67M | 1.03B | 1.43B |
| # of Estimates | 14 | 14 | 15 | 16 |
| High Estimate | 265.47M | 330.70M | 1.06B | 1.53B |
| Low Estimate | 254.10M | 305.68M | 1.01B | 1.36B |
| Year ago Sales | 171.46M | 222.81M | 673.30M | 1.03B |
| Year over Year Growth Est. | 49.97% | 40.78% | 52.82% | 38.80% |
Earnings Estimates
| Current Qtr (9/2018) |
Next Qtr (12/2018) |
Current Year (12/2018) |
Next Year (12/2019) |
|
|---|---|---|---|---|
| Zacks Consensus Estimate | -0.03 | 0.18 | 0.22 | 0.60 |
| # of Estimates | 15 | 14 | 15 | 15 |
| Most Recent Consensus | 0.07 | 0.28 | 0.41 | 0.90 |
| High Estimate | 0.08 | 0.28 | 0.41 | 0.90 |
| Low Estimate | -0.09 | 0.12 | 0.10 | 0.27 |
| Year ago EPS | 0.05 | 0.15 | 0.16 | 0.22 |
| Year over Year Growth Est. | -160.00% | 20.00% | 37.50% | 174.25% |
The Zacks Rank is comprised of four factors: Agreement, Magnitude, Upside and Surprise.
Agreement is the extent to which all earnings estimates are being revised in the same direction. The greater the percentage of estimates moving higher, the better the score will be for this component.
For example: if there are 10 estimate revisions for a given period, and all were up, that would be a 100% positive agreement on the direction of estimate revisions. If 7 were up and 3 were down, that would be a 70% positive agreement. If 7 were down however, with only 3 being up, that would be a 70% negative agreement of the direction of estimate revisions.
The higher the percentage of upward revisions, the better.
Factor #1: Agreement - Learn more 
Agreement - Estimate Revisions
| Current Qtr (9/2018) |
Next Qtr (12/2018) |
Current Year (12/2018) |
Next Year (12/2019) |
|
|---|---|---|---|---|
| Up Last 7 Days | 0 | 0 | 0 | 0 |
| Up Last 30 Days | 0 | 0 | 0 | 0 |
| Up Last 60 Days | 0 | 0 | 0 | 0 |
| Down Last 7 Days | 0 | 0 | 0 | 0 |
| Down Last 30 Days | 0 | 0 | 0 | 0 |
| Down Last 60 Days | 0 | 0 | 0 | 0 |
The Zacks Rank is comprised of four factors: Agreement, Magnitude, Upside and Surprise.
Magnitude is the size of the recent change in the current consensus estimate for the fiscal year and next fiscal year over the last 60 days.
By taking the current earnings estimate and dividing it by the estimate from 60 days ago, you can see what percentage the estimates have changed. For example: if the current estimate is $1.10 and the estimate from 60 days ago was $1.00; that would mean positive 10% increase in the estimate revision.
The larger the percentage increase in estimate revisions, the better.
Factor #2: Magnitude - Learn more
Magnitude - Consensus Estimate Trend
| Current Qtr (9/2018) |
Next Qtr (12/2018) |
Current Year (12/2018) |
Next Year (12/2019) |
|
|---|---|---|---|---|
| Current | -0.03 | 0.18 | 0.22 | 0.60 |
| 7 Days Ago | -0.03 | 0.18 | 0.22 | 0.59 |
| 30 Days Ago | -0.03 | 0.17 | 0.20 | 0.57 |
| 60 Days Ago | -0.03 | 0.16 | 0.19 | 0.56 |
| 90 Days Ago | 0.02 | 0.14 | 0.18 | 0.56 |
The Zacks Rank is comprised of four factors: Agreement, Magnitude, Upside and Surprise.
Upside is the percentage difference between the most accurate estimate and the consensus estimate.
By dividing the most accurate estimate (as calculated by Zacks) by the consensus estimate, you can see the difference between the two. A positive difference is obviously better than a negative one.
We've quantified the difference between the two estimates with our Earnings ESP (Expected Surprise Prediction). Simply put, stocks with a Zacks Rank of 1, 2, or 3, with a positive ESP were shown to positively surprise 70% of the time.
Factor #3: Upside - Learn more
Upside - Most Accurate Estimate Versus Zacks Consensus
| Current Qtr (9/2018) |
Next Qtr (12/2018) |
Current Year (12/2018) |
Next Year (12/2019) |
|
|---|---|---|---|---|
| Most Accurate Estimate | 0.02 | 0.21 | 0.28 | 0.86 |
| Zacks Consensus Estimate | -0.03 | 0.18 | 0.22 | 0.60 |
| Earnings ESP | 154.88% | 12.99% | 28.84% | 42.34% |
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement.
Read more about this innovative method in the Zacks Earnings ESP Guide See all the top Earnings ESP Stocks.
The Zacks Rank is comprised of four factors: Agreement, Magnitude, Upside and Surprise.
The Surprise factor looks at the last few quarters of earnings surprises.
Companies with a positive earnings surprise are more likely to positively surprise in the future (or miss again if they recently missed).
For this reason, looking at a company's recent surprise history can be a great aid in forecasting the surprise likelihood of their next outing.
Factor #4: Surprise - Learn more
Surprise - Reported Earnings History
| Quarter Ending (6/2018) |
Quarter Ending (3/2018) |
Quarter Ending (12/2017) |
Quarter Ending (9/2017) |
Average Surprise | |
|---|---|---|---|---|---|
| Reported | 0.02 | 0.04 | 0.15 | 0.05 | NA |
| Estimate | -0.02 | -0.05 | 0.05 | -0.02 | NA |
| Difference | 0.04 | 0.09 | 0.10 | 0.07 | 0.08 |
| Surprise | 200.00% | 180.00% | 200.00% | 350.00% | 232.50% |
Quarterly Estimates By Analyst
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Annual Estimates By Analyst
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