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

Key Points

• Getty Images Holdings, Inc. has received an average recommendation of "Hold" from six analysts, with one sell rating, four hold ratings, and one buy rating.
• The stock's average 12-month target price is $4.0250, despite recent price target reductions from various research firms, including Citigroup and Benchmark.
• Getty Images reported a negative EPS of ($0.08) for its last quarter, missing analysts' expectations, while revenue increased by 2.5% year-over-year.

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) has been assigned an average recommendation of "Hold" from the six analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $4.0250.

GETY has been the topic of several recent research reports. Wall Street Zen raised shares of Getty Images from a "sell" rating to a "hold" rating in a research report on Saturday, August 16th. Zacks Research raised shares of Getty Images to a "hold" rating in a research note on Friday, August 8th. Wedbush decreased their price objective on shares of Getty Images from $7.70 to $7.00 and set an "outperform" rating for the company in a report on Tuesday, August 12th. Benchmark cut Getty Images from a "buy" rating to a "hold" rating and set a $3.50 price target for the company. in a research report on Tuesday, August 12th. Finally, Citigroup reissued a "neutral" rating and set a $1.85 price objective (down previously from $2.05) on shares of Getty Images in a report on Tuesday, August 12th.

Insiders Place Their Bets

In related news, CEO Craig Warren Peters sold 33,262 shares of the business's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $1.77, for a total value of $58,873.74. Following the completion of the sale, the chief executive officer directly owned 1,279,686 shares in the company, valued at approximately $2,265,044.22. The trade was a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders sold 80,010 shares of company stock valued at $141,618. 11.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Getty Images

Several institutional investors and hedge funds have recently added to or reduced their stakes in GETY. Koch Inc. acquired a new stake in Getty Images in the 4th quarter worth $174,385,000. Wells Fargo & Company MN grew its position in Getty Images by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 49,378 shares of the company's stock valued at $107,000 after acquiring an additional 15,978 shares during the period. Dimensional Fund Advisors LP boosted its stake in Getty Images by 24.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 64,007 shares of the company's stock worth $138,000 after purchasing an additional 12,542 shares in the last quarter. Toronto Dominion Bank bought a new stake in Getty Images during the 4th quarter worth about $3,553,000. Finally, Renaissance Technologies LLC increased its holdings in shares of Getty Images by 16.7% in the fourth quarter. Renaissance Technologies LLC now owns 111,600 shares of the company's stock valued at $241,000 after purchasing an additional 16,000 shares in the last quarter. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Getty Images Stock Performance

NYSE:GETY traded up $0.01 on Friday, hitting $1.84. 358,987 shares of the company's stock traded hands, compared to its average volume of 639,211. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 2.03. Getty Images has a 1 year low of $1.25 and a 1 year high of $4.49. The firm has a 50-day moving average price of $1.79 and a 200-day moving average price of $1.86.

Getty Images (NYSE:GETY - Get Free Report) last released its earnings results on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.11). Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. The business had revenue of $234.88 million for the quarter, compared to analysts' expectations of $234.77 million. During the same period last year, the firm earned $0.01 EPS. The company's revenue was up 2.5% compared to the same quarter last year. Getty Images has set its FY 2025 guidance at EPS. Sell-side analysts expect that Getty Images will post 0.08 EPS for the current fiscal year.

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.