Getty Images Holdings, Inc. (NYSE:GETY) Receives Consensus Recommendation of "Hold" from Analysts

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) has been assigned an average recommendation of "Hold" from the five research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $4.35.

A number of research analysts have weighed in on GETY shares. Citigroup reaffirmed a "neutral" rating and issued a $2.45 price objective on shares of Getty Images in a report on Monday, March 24th. Benchmark cut their price objective on shares of Getty Images from $4.50 to $3.50 and set a "buy" rating for the company in a report on Tuesday, May 13th. Wedbush raised shares of Getty Images to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Wall Street Zen cut shares of Getty Images from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd.

Getty Images Stock Performance

NYSE GETY traded down $0.06 on Friday, reaching $1.70. 767,364 shares of the company's stock traded hands, compared to its average volume of 1,158,164. The firm has a market cap of $700.74 million, a price-to-earnings ratio of -8.92 and a beta of 1.87. The stock has a 50 day moving average price of $1.78 and a 200-day moving average price of $2.05. Getty Images has a fifty-two week low of $1.25 and a fifty-two week high of $4.49. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.72 and a current ratio of 0.72.

Getty Images (NYSE:GETY - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.17). The business had revenue of $224.08 million for the quarter, compared to analyst estimates of $236.01 million. Getty Images had a negative net margin of 8.13% and a negative return on equity of 8.87%. The company's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 earnings per share. Equities research analysts predict that Getty Images will post 0.08 EPS for the current fiscal year.

Insider Activity at Getty Images

In other news, CEO Craig Warren Peters sold 33,262 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $1.77, for a total transaction of $58,873.74. Following the completion of the sale, the chief executive officer owned 1,279,686 shares of the company's stock, valued at $2,265,044.22. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 80,010 shares of company stock worth $141,618 over the last three months. 12.30% of the stock is owned by insiders.

Institutional Trading of Getty Images

A number of institutional investors and hedge funds have recently modified their holdings of GETY. Invenomic Capital Management LP acquired a new position in Getty Images during the first quarter worth about $4,646,000. AQR Capital Management LLC boosted its position in Getty Images by 1,201.6% during the first quarter. AQR Capital Management LLC now owns 275,296 shares of the company's stock worth $476,000 after acquiring an additional 254,146 shares during the last quarter. TIG Advisors LLC acquired a new position in Getty Images during the first quarter worth about $654,000. EntryPoint Capital LLC acquired a new position in Getty Images during the first quarter worth about $140,000. Finally, Quantbot Technologies LP acquired a new position in Getty Images during the first quarter worth about $107,000. Hedge funds and other institutional investors own 45.75% of the company's stock.

About Getty Images

Getty Images Holdings, Inc offers creative and editorial visual content solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its products include Getty Images that offers creative and editorial content including stills, music and video which focuses on corporate, agency, and media customers; iStock.com, an e-commerce offering where customers have access to creative stills and video; Unsplash.com, a platform offering free stock photo downloads and paid subscriptions targeted to the high-growth prosumer and semi-professional creator segments; and Unsplash+ that provides access to unique model released content with expanded legal protections.