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Shopify (SHOP) Competitors

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C$145.34 -0.65 (-0.45%)
(As of 11/20/2024 ET)

SHOP vs. CSU, SAP, LSPD, DH, VDY, DCBO, BB, PD, ABST, and U

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include Constellation Software (CSU), Saputo (SAP), Lightspeed Commerce (LSPD), DH (DH), Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY), Docebo (DCBO), BlackBerry (BB), Precision Drilling (PD), Absolute Software (ABST), and Uranium Participation (U). These companies are all part of the "computer software" industry.

Shopify vs.

Shopify (TSE:SHOP) and Constellation Software (TSE:CSU) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, dividends, institutional ownership, earnings, valuation, community ranking, profitability, analyst recommendations and risk.

Shopify has a beta of 2.36, indicating that its stock price is 136% more volatile than the S&P 500. Comparatively, Constellation Software has a beta of 0.81, indicating that its stock price is 19% less volatile than the S&P 500.

Shopify has higher earnings, but lower revenue than Constellation Software. Shopify is trading at a lower price-to-earnings ratio than Constellation Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ShopifyC$7.76B22.66C$1.27BC$1.37106.09
Constellation SoftwareC$9.27B10.29C$649MC$42.33106.38

Shopify has a net margin of 16.40% compared to Constellation Software's net margin of 7.00%. Constellation Software's return on equity of 15.93% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
Shopify16.40% 15.31% 5.63%
Constellation Software 7.00%15.93%7.87%

70.3% of Shopify shares are held by institutional investors. Comparatively, 42.0% of Constellation Software shares are held by institutional investors. 0.2% of Shopify shares are held by company insiders. Comparatively, 5.7% of Constellation Software shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Constellation Software received 426 more outperform votes than Shopify when rated by MarketBeat users. However, 64.64% of users gave Shopify an outperform vote while only 63.42% of users gave Constellation Software an outperform vote.

CompanyUnderperformOutperform
ShopifyOutperform Votes
245
64.64%
Underperform Votes
134
35.36%
Constellation SoftwareOutperform Votes
671
63.42%
Underperform Votes
387
36.58%

Shopify presently has a consensus price target of C$118.75, suggesting a potential downside of 18.30%. Constellation Software has a consensus price target of C$4,800.00, suggesting a potential upside of 6.59%. Given Constellation Software's higher possible upside, analysts clearly believe Constellation Software is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shopify
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Constellation Software
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

In the previous week, Shopify had 5 more articles in the media than Constellation Software. MarketBeat recorded 11 mentions for Shopify and 6 mentions for Constellation Software. Shopify's average media sentiment score of 0.46 beat Constellation Software's score of 0.25 indicating that Shopify is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shopify
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Constellation Software
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Constellation Software beats Shopify on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SHOP vs. The Competition

MetricShopifySoftware IndustryComputer SectorTSE Exchange
Market CapC$175.86BC$2.84BC$24.14BC$6.25B
Dividend YieldN/A3.06%2.76%5.27%
P/E Ratio106.09816.49218.6326.81
Price / Sales22.664,635.723,408.511,531.29
Price / Cash13.5217.1033.0583.81
Price / Book20.4413.036.653.15
Net IncomeC$1.27BC$29.91MC$658.63MC$299.38M
7 Day Performance-5.27%-0.43%0.15%0.76%
1 Month Performance27.10%0.68%0.72%12.82%
1 Year Performance52.12%20.45%18.91%44.03%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
1.8817 of 5 stars
C$145.34
-0.4%
C$118.75
-18.3%
+52.3%C$175.86BC$7.76B106.0911,600
CSU
Constellation Software
0.9658 of 5 stars
C$4,503.07
+1.5%
C$4,800.00
+6.6%
+41.4%C$95.42BC$9.27B106.3845,000
SAP
Saputo
3.508 of 5 stars
C$26.00
-0.2%
C$34.50
+32.7%
-3.4%C$11.03BC$17.74B41.27112,000
LSPD
Lightspeed Commerce
0.9115 of 5 stars
C$24.61
-0.2%
C$28.08
+14.1%
+7.7%C$3.73BC$966.28M-18.371,800News Coverage
DH
DH
N/AN/AN/AN/AC$2.72BN/A0.00970Gap Up
VDY
Vanguard FTSE Canadian High Dividend Yield Index ETF
N/AC$50.31
+0.0%
N/A+22.6%C$2.23BN/A0.00790
DCBO
Docebo
3.3141 of 5 stars
C$67.22
+1.3%
C$88.00
+30.9%
-3.8%C$2.03BC$200.24M92.08730
BB
BlackBerry
0.4819 of 5 stars
C$3.24
-0.9%
C$3.42
+5.5%
-35.7%C$1.91BC$637M-10.453,320
PD
Precision Drilling
4.0742 of 5 stars
C$91.07
+3.9%
C$126.00
+38.4%
+13.0%C$1.28BC$1.91B5.68950
ABST
Absolute Software
N/AN/AN/AN/AC$807.42MC$222.06M-23.03740
U
Uranium Participation
N/AN/AN/AN/AC$768.65MC$-147,478,000.00-4.437,700

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This page (TSE:SHOP) was last updated on 11/21/2024 by MarketBeat.com Staff
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