Getty Images (NYSE:GETY) Issues Earnings Results

Getty Images (NYSE:GETY - Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.17), Zacks reports. The firm had revenue of $224.08 million during the quarter, compared to analysts' expectations of $236.01 million. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The company's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 EPS. Getty Images updated its FY 2025 guidance to EPS.

Getty Images Stock Performance

GETY stock traded down $0.04 on Thursday, hitting $1.79. The company's stock had a trading volume of 216,397 shares, compared to its average volume of 1,167,940. The firm has a 50 day moving average of $1.85 and a two-hundred day moving average of $2.44. Getty Images has a 1 year low of $1.25 and a 1 year high of $4.49. The stock has a market cap of $736.43 million, a price-to-earnings ratio of 14.88 and a beta of 1.98. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on GETY. Benchmark lowered their target price on shares of Getty Images from $4.50 to $3.50 and set a "buy" rating for the company in a research note on Tuesday. Citigroup reiterated a "neutral" rating and issued a $2.45 price target on shares of Getty Images in a research note on Monday, March 24th. Finally, Wedbush restated an "outperform" rating and set a $7.70 price objective on shares of Getty Images in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $4.35.

Insider Buying and Selling at Getty Images

In other news, CFO Jennifer Leyden sold 29,607 shares of the company's stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $62,766.84. Following the transaction, the chief financial officer now directly owns 278,072 shares of the company's stock, valued at $589,512.64. This represents a 9.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Craig Warren Peters sold 124,624 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $264,202.88. Following the completion of the sale, the chief executive officer now directly owns 1,262,948 shares in the company, valued at approximately $2,677,449.76. The trade was a 8.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 226,668 shares of company stock valued at $480,536. 12.30% of the stock is owned by company insiders.

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.