Professional
Added to YB: 2024-10-01
Pitch date: 2024-08-08
SHOP [bullish]
Shopify Inc.
+140.89%
current return
Author Info
No bio for this author
Company Info
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Market Cap
$206.2B
Pitch Price
$68.16
Price Target
N/A
Dividend
N/A
EV/EBITDA
119.82
P/E
116.87
EV/Sales
18.73
Sector
IT Services
Category
growth
TCW Select Equities Fund New Position: Shopify Inc.
SHOP: Global cloud e-commerce platform serving 2M+ businesses in 175+ countries. #2 in US, 2 segments: Subscription (25%) & Merchant (75%) Solutions. Attractive due to market share gains, capital-light model, pricing power, D2C trend leverage. Long-term margin expansion & earnings power undervalued at current price.
Read full article (1 min)