|Bid||124.01 x 100|
|Ask||124.16 x 200|
|Day's Range||123.31 - 126.85|
|52 Week Range||71.27 - 154.82|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||145.63|
In this article, I will take a look at Shopify Inc’s (NYSE:SHOP) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the pastRead More...
After an initially volatile and choppy start, Wix.Com Ltd. (NASDAQ:WIX) has decisively turned the corner. Instead, the website builder has an extensive celebrity-endorsement list that continues to grow. Furthermore, the company’s website generator is, in my opinion, light years ahead of the competition.
The majority of analysts tracking Etsy (ETSY) have maintained a “buy” rating on the stock. On April 10, 2018, 50.0% of the ten analysts covering the stock recommended a “buy,” 40.0% recommended a “hold,” and 10.0% recommended a “sell.”
Etsy (ETSY) reported adjusted EPS (earnings per share) of $0.48 for 2017, which came in better than the analyst estimate by 22%. On a reported basis, EPS was $0.68 compared with a loss per share of $0.26 reported in 2016. Net income was $81.8 million as against a net loss of $29.9 million.
For 2018, Etsy (ETSY) expects the adjusted EBITDA margin to be in the range of 20% to 22%. The company achieved annualized cost savings of nearly $35 million in 2017. Going forward, Etsy is also cutting down $4 million to $5 million in capital expenditure related to data center maintenance by migrating to the cloud. Overall, the cloud migration is estimated to cost the company around $10 million to $15 million in 2018.
For 2018, analysts expect Etsy (ETSY) to report revenue growth of 22.4% to $533.9 million. Etsy’s management has projected revenue to grow in the range of 21% to 23%, while GMS (gross merchandise sales) is expected to be up 14% to 16% on a YoY (year-over-year) basis as strategic initiatives gain traction. Mobile continues to be the biggest catalyst for mobile visits (web and app) with growth of 66%, a rise of 200 basis points on a YoY basis.
Etsy (ETSY) stock has had a terrific run so far in 2018. Etsy has been doing well for quite some time after the company, encouraged by activist investors, started exploring strategic alternatives. Last year, the company subsequently doubled down on growth initiatives such as cutting costs, revamping its management, and investing heavily in improving its digital platform.
NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Amazon and Shopify both saw gains on Tuesday as the Supreme Court heard a key online tax case yesterday. The case addresses whether vendors such as Amazon.com, and Wayfair.com must collect state sales tax on online purchases made through their sites. Shopify and Amazon investors remain hopeful that it will not be up to the states to decide.
Investing success can sometimes be achieved by looking beyond the obvious choices. Check out the growth potential of Shopify, Atara Bio, and Criteo.
Shopify Inc (NYSE:SHOP) received a lot of attention from a substantial price movement on the NYSE in the over the last few months, increasing to $153.11 at one point, andRead More...
Shopify Inc. , the leading cloud-based commerce platform, plans to announce financial results for its first quarter ended March 31, 2018 before markets open on Tuesday, May 1, 2018.
Admittedly, I’ve been too bearish on Twitter Inc (NYSE:TWTR). Twitter did post a strong third quarter report in late October that catalyzed the 100%+ gains. Twitter’s DAUs (daily active users) rose 12% in 2017, implying higher engagement.
Since hitting a late-March high, Shopify Inc (NYSE: SHOP ) shares have shed about 19 percent, and one analyst views the pullback as an opportunity to add to positions in a high-quality franchise. The Analyst ...
The e-commerce platform provider took a double-digit hit last week after Citron tied it to Facebook's recent data mining misfortune.
Weibo, Nvidia, ServiceNow, Square and Shopify could dominate in the future, just as the FAANGs have in the past. By Jeff Reeves.