Shutterfly Company Profile (NASDAQ:SFLY)

Shutterfly trades on the NASDAQ under the ticker symbol "SFLY."

Shutterfly declared that its board has initiated a stock repurchase plan on Monday, April 24th 2017, which authorizes the company to repurchase $140,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 8.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Shutterfly, Inc. (NASDAQ:SFLY) announced its quarterly earnings results on Tuesday, April, 25th. The company reported ($0.84) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.03) by $0.19. The firm had revenue of $191.97 million for the quarter, compared to the consensus estimate of $187.34 million. Shutterfly had a return on equity of 3.29% and a net margin of 1.06%. The firm's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.85) earnings per share. View Shutterfly's Earnings History.

Shutterfly is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Shutterfly.

Shutterfly issued an update on its FY17 earnings guidance on Tuesday, April, 25th. The company provided earnings per share (EPS) guidance of $0.45-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.62. The company issued revenue guidance of $1.135-1.165 billion, compared to the consensus revenue estimate of $1.16 billion.Shutterfly also updated its Q2 guidance to ($0.50-0.55) EPS.

9 brokerages have issued twelve-month price objectives for Shutterfly's shares. Their predictions range from $44.00 to $59.00. On average, they anticipate Shutterfly's stock price to reach $53.11 in the next twelve months. View Analyst Ratings for Shutterfly.

Here are some recent quotes from research analysts about Shutterfly stock:

• 1. According to Zacks Investment Research, "Shutterfly’s focus on improving operational efficiency through major restructuring bodes well in the long term. Continual product innovations and focus on improving technology-related offerings are to be solid growth drivers. The Shutterfly 3.0 initiative under which it aims to create a platform and device-agnostic memory management and personalized e-commerce solution, bodes well. Notably, it has mostly positive record of earnings surprises in the recent quarters while estimates are stable ahead of its Q2 earnings release. Yet, Shutterfly is likely to incur huge restructuring costs in 2017 and revenue growth is expected to be very slow in the year. A rise in manufacturing, labor and training costs could weigh on margins. The company’s revenues are susceptible to travel industry and consumer spending trends, which raises concern. Also, its shares have underperformed the Zacks classified Internet Content industry year to date." (7/19/2017)
• 2. Jefferies Group LLC analysts commented, "SFLY printed a good quarter beating on the top line and EBITDA despite beginning to transition its ancillary brands to core SFLY. Progress remains on the transition, but investment in technology to enable to transition has begun." (4/26/2017)
• 3. Cantor Fitzgerald analysts commented, "We hosted the company's management team for a series of meetings last week and walked away positively inclined toward the on-going turnaround the team plans to execute during much of 2017 and into 2018. Although we think the stock lacks short-term catalysts, we maintain our rating and PT, given the current valuation and what we view as good prospects for a turnaround and for more aggressive stock buybacks." (2/13/2017)

Some companies that are related to Shutterfly include Atlassian Corporation PLC (TEAM), Sanmina Corporation (SANM), NetScout Systems (NTCT), CACI International (CACI), MakeMyTrip Limited (MMYT), Science Applications International Corporation (SAIC), Criteo S.A. (CRTO), Finisar Corporation (FNSR), AVX Corporation (AVX), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS), Black Knight Financial Services (BKFS), Pitney Bowes (PBI), Zendesk (ZEN), Itron (ITRI), Pure Storage (PSTG), ACI Worldwide (ACIW) and FireEye (FEYE).

Shutterfly's management team includes the folowing people:

• William J. Lansing, Independent Chairman of the Board
• Christopher North, President, Chief Executive Officer, Director
• Michael W. Pope, Chief Financial Officer, Senior Vice President
• Dwayne A. Black, Chief Operating Officer, Senior Vice President - Operations
• Tracy Layney, Chief Human Resource Officer, Senior Vice President
• Satish Menon, Senior Vice President, Chief Technology Officer
• John Boris, Senior Vice President, Chief Marketing Officer
• Michele Anderson, Senior Vice President - Retail
• Ishantha Lokuge, Senior Vice President, Chief Product Officer
• Thomas D. Hughes, Independent Director

Shutterfly's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Summit Creek Advisors LLC (0.29%), Quantitative Systematic Strategies LLC (0.12%), Bank of Montreal Can (0.09%), Aperio Group LLC (0.05%), Louisiana State Employees Retirement System (0.04%) and Fox Run Management L.L.C. (0.03%). Company insiders that own Shutterfly stock include Ann Mather, Betsy Rafael, Christopher North, Dan Mccormick, Dwayne A Black, Ishantha Lokuge, Jason Sebring, Jeffrey T Housenbold, John Boris, Lisa Blackwood-Kapral, Michael W Pope, Philip A Marineau, Roland Karl Wiley, Satish Menon, Thomas David Hughes, Tracy Layney and William J Lansing. View Institutional Ownership Trends for Shutterfly.

Shutterfly's stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Bank of Montreal Can and Capstone Asset Management Co.. Company insiders that have sold Shutterfly stock in the last year include Ann Mather, Betsy Rafael, Christopher North, Dwayne A Black, Ishantha Lokuge, Jason Sebring, John Boris, Lisa Blackwood-Kapral, Michael W Pope, Roland Karl Wiley, Satish Menon, Thomas David Hughes and Tracy Layney. View Insider Buying and Selling for Shutterfly.

Shutterfly's stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Aperio Group LLC, State of Alaska Department of Revenue, LS Investment Advisors LLC, Quantitative Systematic Strategies LLC, Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Shutterfly.

Shares of Shutterfly can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Shutterfly stock can currently be purchased for approximately $47.60.