Analysis Leverage Shares -1x Short Shopify ETP (SSHE)
5/27/2024
Analysis of Leverage Shares -1x Short Shopify ETP (SSHE)
The Leveraged Shares -1x Short Shopify ETP is designed to provide investors with inverse exposure to the performance of Shopify stock. This means that as the price of Shopify stock goes down, the value of this ETP is expected to go up, and vice versa.Looking at the recent data, we can see that the price of the ETP has been relatively stable around 3.21 to 3.40. The Relative Strength Index (RSI) indicator is showing values around 36 to 44, indicating that the ETP is not currently in overbought or oversold territory.
The Moving Average (MA) indicator is also showing values around 3.43 to 3.55, with different types of moving averages (SMA, EMA, WMA) being used. This suggests that the ETP's price is fluctuating around these levels.
Overall, based on the data provided, it seems that the Leveraged Shares -1x Short Shopify ETP is trading within a relatively narrow range with some fluctuations in price. Investors should continue to monitor the performance of Shopify stock and the ETP to make informed decisions.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.33.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive profit margin and operating margin. The balance sheet shows a healthy current ratio, but a relatively high total debt to equity ratio. The company has a good return on assets and return on equity.
The stock statistics indicate a moderate short ratio and short percent of shares outstanding. The company has a significant percentage of shares held by institutions.
Valuation metrics show a relatively high PEG ratio and forward PE ratio. The company's market capitalization is substantial, with a high price to book ratio and price to sales ratio. The enterprise value is also significant.
The stock price summary includes beta, moving averages, and the fifty-two week low and high prices. The company has experienced a positive change over the past year.
Lastly, the dividends and splits information shows the company's dividend dates, payout ratio, and dividend yields. The company has a history of dividends and stock splits.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. The gross profit margin has been fluctuating, with a peak in 2020 at $104.9 billion and a slight decrease in 2023 to $169.1 billion.
3. Operating income has shown an upward trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
4. Net income has also been increasing consistently, from $57.4 billion in 2020 to $97 billion in 2023.
5. Earnings per share (EPS) have shown a slight variation but have generally been stable over the years.
6. The company has been able to maintain a healthy EBITDA margin, with a slight increase from $81 billion in 2020 to $129.2 billion in 2023.
7. Despite fluctuations in other income and expenses, the company has managed to increase its net income from continuous operations over the years.
8. The company has been able to manage its operating expenses effectively, as seen in the growth of operating income despite increasing sales revenue.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. The company has been consistently paying interest and income taxes each year.
3. The end cash position has been varying, but generally, the company has maintained a healthy cash balance.
4. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
5. Investing activities indicate significant investments in the sale and purchase of investments, as well as capital expenditures.
6. Operating activities have generated positive cash flow each year, with net income being a significant contributor.
These conclusions provide insights into the company's financial performance and its management of cash flows over the years.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. Current Quarter (as of June 30, 2024):
- Average Estimate: $1.33
- Low Estimate: $1.27
- High Estimate: $1.36
- Number of Analysts: 26
- Year Ago EPS: $1.26
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.53
- Low Estimate: $1.44
- High Estimate: $1.63
- Number of Analysts: 25
- Year Ago EPS: $1.46
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.59
- Low Estimate: $6.43
- High Estimate: $6.92
- Number of Analysts: 39
- Year Ago EPS: $6.13
4. Next Year (as of September 30, 2025):
- Average Estimate: $7.23
- Low Estimate: $6.40
- High Estimate: $7.90
- Number of Analysts: 39
- Year Ago EPS: $6.59
Based on these estimates, we can see a generally positive trend in the expected earnings per share for both the upcoming quarters and the next two years. The average estimates are showing an increase compared to the year-ago EPS figures, indicating growth expectations in the company's performance.
Revenue estimate
Based on analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided:- The company is expected to experience a growth rate of 7.5% in the current year and 9.7% in the next year.
- For the current quarter, the growth rate is estimated to be 5.6%, while for the next quarter it is projected to be 4.8%.
- Over the next 5 years, the company is expected to have a compound annual growth rate (CAGR) of 11%.
- However, when looking at the past 5 years, the company had a higher CAGR of approximately 20.1%.
Overall, it seems that the company is expected to maintain a solid growth trajectory, with a slightly higher growth rate projected for the next 5 years compared to the current and upcoming quarters.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
Based on these forecasts, it can be observed that the analysts have a range of opinions regarding the future price of the security, with the median and average values suggesting a potential increase from the current price. However, the low and high values indicate a wider range of possible outcomes.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
This is not investment advice. Remember to verify the information provided here.
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