Getty Images (NYSE:GETY) Earns "Outperform" Rating from Wedbush

Wedbush reiterated their outperform rating on shares of Getty Images (NYSE:GETY - Free Report) in a research report released on Tuesday,RTT News reports. Wedbush currently has a $7.70 price objective on the stock. Wedbush also issued estimates for Getty Images' FY2025 earnings at $0.07 EPS.

A number of other research analysts have also weighed in on the company. Macquarie restated a "neutral" rating and issued a $3.75 price objective on shares of Getty Images in a report on Wednesday, January 8th. Citigroup reiterated a "neutral" rating and set a $2.45 price target on shares of Getty Images in a report on Monday, March 24th. Finally, Benchmark decreased their price objective on shares of Getty Images from $6.00 to $4.50 and set a "buy" rating for the company in a research note on Tuesday, March 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $4.60.

Getty Images Trading Down 2.1 %

Shares of Getty Images stock traded down $0.04 during trading on Tuesday, hitting $1.88. The stock had a trading volume of 416,839 shares, compared to its average volume of 1,165,883. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79. The firm's fifty day simple moving average is $1.86 and its 200-day simple moving average is $2.48. Getty Images has a 12 month low of $1.25 and a 12 month high of $4.49. The stock has a market cap of $775.63 million, a PE ratio of 15.67 and a beta of 1.98.

Getty Images (NYSE:GETY - Get Free Report) last announced its quarterly earnings results on Monday, March 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.05). The company had revenue of $247.30 million during the quarter, compared to analysts' expectations of $245.50 million. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The company's revenue was up 9.5% on a year-over-year basis. As a group, sell-side analysts expect that Getty Images will post 0.08 EPS for the current fiscal year.

Insider Transactions at Getty Images

In related news, CEO Craig Warren Peters sold 124,624 shares of the firm's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total value of $264,202.88. Following the transaction, the chief executive officer now owns 1,262,948 shares in the company, valued at approximately $2,677,449.76. This trade represents a 8.98 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Jennifer Leyden sold 29,607 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total value of $62,766.84. Following the transaction, the chief financial officer now directly owns 278,072 shares in the company, valued at $589,512.64. This trade represents a 9.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 226,668 shares of company stock valued at $480,536 in the last ninety days. Corporate insiders own 12.30% of the company's stock.

Hedge Funds Weigh In On Getty Images

A number of institutional investors and hedge funds have recently bought and sold shares of GETY. BNP Paribas Financial Markets acquired a new position in shares of Getty Images in the 4th quarter valued at about $27,000. Aristeia Capital L.L.C. bought a new stake in shares of Getty Images in the 4th quarter worth approximately $28,000. Ameriprise Financial Inc. bought a new position in shares of Getty Images during the 4th quarter worth approximately $28,000. HHM Wealth Advisors LLC acquired a new position in Getty Images in the first quarter worth $29,000. Finally, Virtu Financial LLC acquired a new stake in shares of Getty Images in the 4th quarter valued at $33,000. Institutional investors own 45.75% of the company's stock.

Getty Images Company Profile

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.