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Shopify is currently trading for $859.68 and has a 29.76 times PE ratio. Analysts are projecting its current earnings per share (EPS) will grow 20%
Shopify is currently trading for $859.68 and has a 29.76 times PE ratio. Analysts are projecting its current earnings per share (EPS) will grow 20% over the next 12 months. If analysts are projecting Shopify's PE ratio will contract to 20 times.
What will be its forecasted 12 month share price?
What will be its forecasted 12 month share price?
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
