NYSE:SSTK - Shutterstock Stock Price, News, & Analysis

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$38.28 +0.46 (+1.22 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$37.82
Today's Range$38.24 - $39.20
52-Week Range$36.20 - $55.76
Volume8,617 shs
Average Volume256,389 shs
Market Capitalization$1.32 billion
P/E Ratio54.96
Dividend YieldN/A
Beta1.52
Shutterstock, Inc. provides content products and services in North America, Europe, and internationally. It offers digital imagery services, which include licensed photographs, vectors, illustrations, and video clips that customers use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and commercial music services comprising music tracks and sound effects that are used to complement digital imagery. The company provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Custom, Shutterstock Music, and Shutterstock Editorial names. It also offers digital asset management services through Webdam, a cloud-based digital asset management platform, which provides tools for customers to manage content and brand management assets; and Shutterstock Editor, a cloud-based workflow tool. The company serves marketing agencies, media professionals, and other organizations. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryPublishing
SectorComputer and Technology
Current SymbolNYSE:SSTK
Previous Symbol
CUSIP82569010
Phone646-710-3417

Debt

Debt-to-Equity RatioN/A
Current Ratio1.24
Quick Ratio1.24

Price-To-Earnings

Trailing P/E Ratio54.96
Forward P/E Ratio44.00
P/E Growth1.97

Sales & Book Value

Annual Sales$557.11 million
Price / Sales2.41
Cash Flow$1.7796 per share
Price / Cash Flow21.51
Book Value$9.07 per share
Price / Book4.22

Profitability

EPS (Most Recent Fiscal Year)$0.71
Net Income$16.72 million
Net Margins6.82%
Return on Equity8.76%
Return on Assets4.97%

Miscellaneous

Employees1,130
Outstanding Shares35,040,000
Market Cap$1.32 billion
OptionableOptionable

Shutterstock (NYSE:SSTK) Frequently Asked Questions

What is Shutterstock's stock symbol?

Shutterstock trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSTK."

How often does Shutterstock pay dividends? What is the dividend yield for Shutterstock?

Shutterstock declared a dividend on Wednesday, August 1st. Investors of record on Wednesday, August 15th will be paid a dividend of $3.00 per share on Wednesday, August 29th. The ex-dividend date of this dividend is Tuesday, August 14th. View Shutterstock's Dividend History.

How will Shutterstock's stock buyback program work?

Shutterstock declared that its board has initiated a share buyback program on Wednesday, April 12th 2017, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) released its quarterly earnings data on Tuesday, October, 30th. The business services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. The business services provider earned $151.60 million during the quarter, compared to analyst estimates of $157.88 million. Shutterstock had a net margin of 6.82% and a return on equity of 8.76%. The business's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 EPS. View Shutterstock's Earnings History.

When is Shutterstock's next earnings date?

Shutterstock is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Shutterstock.

What guidance has Shutterstock issued on next quarter's earnings?

Shutterstock updated its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $625-630 million, compared to the consensus revenue estimate of $633.84 million.

What price target have analysts set for SSTK?

3 brokerages have issued 1 year target prices for Shutterstock's shares. Their predictions range from $35.00 to $48.00. On average, they anticipate Shutterstock's stock price to reach $42.3333 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Shutterstock.

What is the consensus analysts' recommendation for Shutterstock?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shutterstock.

What are Wall Street analysts saying about Shutterstock stock?

Here are some recent quotes from research analysts about Shutterstock stock:
  • 1. SunTrust Banks, Inc. analysts commented, "We expect SSTK to report in line 3Q18 results on 10/30, as it continues to make progress in expanding its product offering, improving its backend capabilities and positioning itself as a single-stop platform for creative content. We believe the strategic shift from a stock image marketplace to a platform to design/ distribute digital content is finally starting to bear fruit. That said, intra-quarter data points suggest that the competitive intensity may be beginning to pick up, at a time when comps in the back half get tougher. We maintain a Hold as we find the stock currently fairly valued." (10/29/2018)
  • 2. According to Zacks Investment Research, "Shutterstock, Inc. is a global marketplace for digital imagery. It provides licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world. The Company's online marketplace provides a freely searchable library of commercial digital images that the users can pay to license, download and incorporate into their work. Shutterstock, Inc. is headquartered in New York. " (5/3/2018)

Has Shutterstock been receiving favorable news coverage?

Headlines about SSTK stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Shutterstock earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Shutterstock's key competitors?

Who are Shutterstock's key executives?

Shutterstock's management team includes the folowing people:
  • Mr. Jonathan Oringer, Founder, Chairman & CEO (Age 44)
  • Mr. Steven Berns, COO & CFO (Age 53)
  • Mr. Steven Ciardiello, Chief Accounting Officer (Age 47)
  • Mr. Martin H. Brodbeck, Chief Technology Officer (Age 45)
  • Ms. Lisa Nadler, Chief HR Officer (Age 55)

Who are Shutterstock's major shareholders?

Shutterstock's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.70%), Vanguard Group Inc. (5.22%), Van Berkom & Associates Inc. (3.79%), Clearbridge Investments LLC (2.87%), Renaissance Technologies LLC (1.86%) and Dimensional Fund Advisors LP (1.56%). Company insiders that own Shutterstock stock include Jeffrey Kane Weiser, Martin Brodbeck, Steven Berns and Thomas R Evans. View Institutional Ownership Trends for Shutterstock.

Which institutional investors are selling Shutterstock stock?

SSTK stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Hussman Strategic Advisors Inc., Rice Hall James & Associates LLC, Sensato Investors LLC, Comerica Bank, Migdal Insurance & Financial Holdings Ltd., TIAA CREF Investment Management LLC and Strs Ohio. Company insiders that have sold Shutterstock company stock in the last year include Martin Brodbeck and Thomas R Evans. View Insider Buying and Selling for Shutterstock.

Which institutional investors are buying Shutterstock stock?

SSTK stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Clearbridge Investments LLC, Renaissance Technologies LLC, Morgan Stanley, Canada Pension Plan Investment Board, BlackRock Inc., Vanguard Group Inc. and Engineers Gate Manager LP. View Insider Buying and Selling for Shutterstock.

How do I buy shares of Shutterstock?

Shares of SSTK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Shutterstock's stock price today?

One share of SSTK stock can currently be purchased for approximately $38.28.

How big of a company is Shutterstock?

Shutterstock has a market capitalization of $1.32 billion and generates $557.11 million in revenue each year. The business services provider earns $16.72 million in net income (profit) each year or $0.71 on an earnings per share basis. Shutterstock employs 1,130 workers across the globe.

What is Shutterstock's official website?

The official website for Shutterstock is http://www.shutterstock.com.

How can I contact Shutterstock?

Shutterstock's mailing address is 350 FIFTH AVENUE 21ST FLOOR, NEW YORK NY, 10118. The business services provider can be reached via phone at 646-710-3417 or via email at [email protected]


MarketBeat Community Rating for Shutterstock (NYSE SSTK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  340 (Vote Underperform)
Total Votes:  582
MarketBeat's community ratings are surveys of what our community members think about Shutterstock and other stocks. Vote "Outperform" if you believe SSTK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSTK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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