Shutterfly Company Profile (NASDAQ:SFLY)

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

Shutterfly declared that its Board of Directors has initiated a share repurchase program on Monday, April 24th 2017, which permits the company to repurchase $140,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 8.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Shutterfly, Inc. (NASDAQ:SFLY) released its quarterly earnings results on Tuesday, July, 25th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.55) by $0.13. The company earned $209.03 million during the quarter, compared to the consensus estimate of $209.46 million. Shutterfly had a return on equity of 3.61% and a net margin of 0.50%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.48) EPS. View Shutterfly's Earnings History.

Shutterfly is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Shutterfly.

Shutterfly issued an update on its FY17 earnings guidance on Tuesday, July, 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 $0.66. The company issued revenue guidance of $1.135-1.165 billion, compared to the consensus revenue estimate of $1.16 billion.

9 equities research analysts have issued 1-year price targets for Shutterfly's shares. Their forecasts range from $44.00 to $59.00. On average, they expect Shutterfly's stock price to reach $53.78 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 second-quarter 2017 loss of $0.44 per share was narrower than the Zacks Consensus Estimate of a loss of $0.54 and the prior-year quarter loss of $0.48 per share. Net revenue increased 2% year over year, supported by strong performance of the flagship Shutterfly brand. However, revenues lagged the consensus mark by 0.6%. Shutterfly’s focus on improving operational efficiency through major restructuring bodes well for the long term. Product innovations and improving technology-related offerings are also expected to be solid growth drivers. However, Shutterfly is expected to incur huge restructuring and other costs, which could weigh on margins. Also, susceptibility to seasonality and consumer spending trends raises concern." (8/17/2017)
• 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 Ringcentral (RNG), CACI International (CACI), DST Systems (DST), Wix.com (WIX), FireEye (FEYE), Bitauto Holdings Limited (BITA), Ciena Corporation (CIEN), MakeMyTrip Limited (MMYT), Pure Storage (PSTG), Manhattan Associates (MANH), Advanced Energy Industries (AEIS), United States Cellular Corporation (USM), AVX Corporation (AVX), NetScout Systems (NTCT), MACOM Technology Solutions Holdings (MTSI), Zendesk (ZEN), Twilio (TWLO) and Itron (ITRI).

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 number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.71%), EastBay Asset Management LLC (6.38%), Fine Capital Partners L.P. (4.12%), Dimensional Fund Advisors LP (3.73%), State Street Corp (2.94%) and Ulysses Management LLC (1.97%). 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 Fine Capital Partners L.P., Macquarie Group Ltd., Sei Investments Co., Summit Creek Advisors LLC, Canada Pension Plan Investment Board, Russell Investments Group Ltd., American Century Companies Inc. and Goldman Sachs Group Inc.. 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 and Tracy Layney. View Insider Buying and Selling for Shutterfly.

Shutterfly's stock was bought by a variety of institutional investors in the last quarter, including SQN Investors LP, Renaissance Technologies LLC, Old Mutual Global Investors UK Ltd., Rice Hall James & Associates LLC, KBC Group NV, Vanguard Group Inc., Federated Investors Inc. PA and Voya Investment Management LLC. 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 $48.47.