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Shopify (NYSE: SHOP) has long been an investor favorite, and it's easy to see why. Amazon is still the top online retailer with a 38% share of the total e-commerce market in the U.S., but Shopify ...
Nonetheless, as mentioned before, Shopify now has something it did not have in 2019: a positive net income. Its $726 million in profit in the first three quarters of 2024 is up from the $525 ...
It will be tough to be greedy with Shopify's stock today. To put it into perspective, Shopify has a price-to-sales (P/S) ratio of 16 and a price-to-earnings (P/E) ratio of 97. Amazon , on the ...
Let's see where the business is today and whether or not it's a good time to buy shares. Growth has been better than expected Let's take a step back and give the recent earnings report some context.
Generally, a PEG ratio under 2 is reasonable, and Shopify's is 1.75 today. Long-term investors don't need a jaw-droppingly low price, because Shopify's growth should burn off that high valuation.
Now, the market's realizing it may have made a mistake by giving up on Shopify so easily. Catching a cyclical and secular tailwind The core argument for owning a stake in this e-commerce ...