Alphabet (GOOGL:NAS) and Shopify (SHOP:TSE) Downgraded

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Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SHOP Shopify Inc 10 3 1 0 2 0 4.1875 4.3125 Outperform
PARR Par Pacific Holdings Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SHOP Shopify Inc 10 3 1 0 2 0 4.1875 4.3125 Outperform
SMU.UN Summit Industrial Income REIT 1 0 3 0 0 0 3.5000 3.6667 Hold
NWC The North West Co Inc 1 0 4 0 0 0 3.4000 3.6000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
LLG Mason Graphite Inc 1 2 0 0 0 0 4.3333 4.5000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GOOGL Alphabet Inc 9 1 1 0 0 0 4.7273 4.9000 Buy
GOOG Alphabet Inc 9 1 1 0 0 0 4.7273 4.9000 Buy
CERN Cerner Corp 2 0 3 0 0 0 3.8000 4.0000 Outperform
EEFT Euronet Worldwide Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
CONE CyrusOne Inc 1 0 3 0 0 0 3.5000 4.0000 Hold
WTFC Wintrust Financial Corp 3 0 1 0 0 0 4.5000 4.6000 Outperform
OZK Bank OZK 1 0 1 0 0 0 4.0000 4.3333 Outperform
TCBI Texas Capital Bancshares Inc 2 0 4 0 0 0 3.6667 3.8000 Outperform
CSFL CenterState Bank Corp 0 0 1 0 0 0 3.0000 4.0000 Hold
AUB Atlantic Union Bankshares Corp 1 0 1 0 0 0 4.0000 4.3333 Outperform
FBNC First Bancorp 1 0 1 0 0 0 4.0000 4.3333 Outperform
ESXB Community Bankers Trust Corp 0 0 1 0 0 0 3.0000 4.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

GOOGL:NAS Alphabet

https://www.abc.xyz
Alphabet has 103459 employees and is headquartered in United States.
Alphabet Inc is a provider of internet content products and portals. Its suite of brands includes Search, Android, YouTube, Apps, Maps & Ads.

SHOP:TSE Shopify

https://www.shopify.in
Shopify has 4000 employees and is headquartered in Canada.
Shopify Inc provides cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The company’s platform provides merchants with a single view of their business and customers across all of their sales channels.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.