Shutterstock Company Profile (NYSE:SSTK)

About Shutterstock (NYSE:SSTK)

Shutterstock logoShutterstock, Inc. (Shutterstock) is a global technology company that operates a two-sided marketplace for professionals to license content. The Company's library of content includes digital imagery, which consists of 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, which consists of music tracks and sound effects and which is often used to complement digital imagery. It also offers digital asset management services through its cloud-based digital asset management platform (webdam). Its global marketplace brings together users and contributors of content by providing a collection of content its customers can pay to license and incorporate into their work and by compensating contributors as their content is licensed to customers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Business Services
  • Sub-Industry: Publishing
  • Symbol: NYSE:SSTK
  • CUSIP: 82569010
  • Web: www.shutterstock.com
Capitalization:
  • Market Cap: $1.59 billion
  • Outstanding Shares: 34,566,000
Average Prices:
  • 50 Day Moving Avg: $43.56
  • 200 Day Moving Avg: $46.73
  • 52 Week Range: $39.66 - $65.16
P/E:
  • Trailing P/E Ratio: 49.38
  • Foreward P/E Ratio: 27.04
  • P/E Growth: 2.00
Sales & Book Value:
  • Annual Revenue: $507.89 million
  • Price / Sales: 3.13
  • Book Value: $7.99 per share
  • Price / Book: 5.75
Profitability:
  • EBIDTA: $64.42 million
  • Net Margins: 6.17%
  • Return on Equity: 12.78%
  • Return on Assets: 7.57%
Debt:
  • Current Ratio: 1.74%
  • Quick Ratio: 1.74%
Misc:
  • Average Volume: 534,860 shs.
  • Beta: 1.56
  • Short Ratio: 5.01
 

Frequently Asked Questions for Shutterstock (NYSE:SSTK)

What is Shutterstock's stock symbol?

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

How will Shutterstock's stock buyback program work?

Shutterstock announced that its board has initiated a stock repurchase plan on Wednesday, April 12th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) issued its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. The firm had revenue of $130.20 million for the quarter, compared to analysts' expectations of $129.62 million. Shutterstock had a return on equity of 12.78% and a net margin of 6.17%. Shutterstock's quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the company posted $0.36 EPS. View Shutterstock's Earnings History.

When will Shutterstock make its next earnings announcement?

Shutterstock is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Shutterstock.

Where is Shutterstock's stock going? Where will Shutterstock's stock price be in 2017?

6 brokerages have issued twelve-month target prices for Shutterstock's shares. Their predictions range from $43.00 to $56.00. On average, they anticipate Shutterstock's share price to reach $49.75 in the next year. View Analyst Ratings for Shutterstock.

What are analysts saying about Shutterstock stock?

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

  • 1. 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. " (5/2/2017)
  • 2. Jefferies Group LLC analysts commented, "SSTK reported disappointing 4th quarter results with both a top and bottom line miss. Paid download growth continued to decelerate and grew 6% Y/ Y. Mgmt highlighted the transition from a marketplace to a platform which is being accomplished through a scalable tech stack enabling an end-end workflow platform." (2/28/2017)
  • 3. Cantor Fitzgerald analysts commented, "We're maintaining a Neutral rating and adjusting our PT to $43 from $52, on the back of soft 4Q16 results and 2017 outlook relative to our/Street expectations. A slowdown in growth of paid downloads contributed to a top line and EPS miss. Management is hopeful that the major tech re-platforming, which took place in 2016, and plans to transform the business from a marketplace into an endto-end workflow platform, should help accelerate the volume and pace of product innovation, improvements to customer experience, and re-accelerate revenue growth. We opt to remain on the sidelines, however, till further evidence emerges showing the positive impact on the underlying metrics. Adobe and a maturing ecommerce segment pose intermediate and long-term risk potential, in our view. The shares are down about 16% this morning." (2/28/2017)
  • 4. Royal Bank of Canada analysts commented, "Q4 Revenue of $130MM was below Street's $135MM, as was Adj. EBITDA of $25.9MM vs. Street at $29MM. Mgmt issued FY17 Revenue guidance of $545-560MM (+10-13% growth), 5% below Street at the mid-pt. EBITDA guide of $105-110MM (19-20% margin) was also below Street's prior $119MM, and we believe the outlook for flattish margins was a negative. Additionally, mgmt discussed a gradual transformation from a marketplace to an integrated platform, though few specifics were provided." (2/27/2017)

Who are some of Shutterstock's key competitors?

Who owns Shutterstock stock?

Shutterstock's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (7.19%), BlackRock Inc. (6.63%), Vanguard Group Inc. (4.84%), Van Berkom & Associates Inc. (3.76%), Macquarie Group Ltd. (2.23%) and Morgan Stanley (1.79%). Company insiders that own Shutterstock stock include Catherine Ulrich, Jonathan Oringer, Nicholas Flynn and Steven Berns. View Institutional Ownership Trends for Shutterstock.

Who sold Shutterstock stock? Who is selling Shutterstock stock?

Shutterstock's stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Wells Fargo & Company MN, Morgan Stanley, Canada Pension Plan Investment Board, Renaissance Technologies LLC, Quantitative Investment Management LLC, Elk Creek Partners LLC and Alliancebernstein L.P.. View Insider Buying and Selling for Shutterstock.

Who bought Shutterstock stock? Who is buying Shutterstock stock?

Shutterstock's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Jennison Associates LLC, Macquarie Group Ltd., Van Berkom & Associates Inc., Russell Investments Group Ltd., Sei Investments Co. and Janus Capital Management LLC. View Insider Buying and Selling for Shutterstock.

How do I buy Shutterstock stock?

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

How much does a share of Shutterstock stock cost?

One share of Shutterstock stock can currently be purchased for approximately $45.97.

Analyst Ratings

Consensus Ratings for Shutterstock (NYSE:SSTK) (?)
Ratings Breakdown: 6 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $49.75 (8.22% upside)

Analysts' Ratings History for Shutterstock (NYSE:SSTK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017Jefferies Group LLCReiterated RatingHold$50.00LowView Rating Details
4/21/2017Royal Bank of CanadaReiterated RatingHold$50.00LowView Rating Details
2/28/2017Cantor FitzgeraldLower Price Target$43.00N/AView Rating Details
11/7/2016Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
11/7/2016Citigroup IncDowngradeOutperform -> Market PerformN/AView Rating Details
8/9/2016Deutsche Bank AGBoost Price TargetHold$42.00 -> $56.00N/AView Rating Details
8/7/2015William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
7/14/2015Morgan StanleyInitiated CoverageUnderweight$40.00N/AView Rating Details
5/28/2015Topeka Capital MarketsInitiated CoverageBuy$92.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Shutterstock (NYSE:SSTK)
Earnings by Quarter for Shutterstock (NYSE:SSTK)
Earnings History by Quarter for Shutterstock (NYSE:SSTK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/3/2017Q1 2017$0.21$0.21$129.62 million$130.20 millionViewListenView Earnings Details
2/27/2017Q416$0.45$0.42$135.28 million$130.17 millionViewListenView Earnings Details
11/4/2016Q316$0.32$0.40$127.58 million$123.10 millionViewListenView Earnings Details
8/4/2016Q216$0.31$0.36$124.29 million$124.40 millionViewListenView Earnings Details
5/4/2016Q116$0.29$0.36$115.85 million$116.70 millionViewListenView Earnings Details
2/24/2016Q415$0.33$0.38$117.42 million$116.80 millionViewListenView Earnings Details
11/5/2015Q315$0.27$0.28$106.46 million$107.30 millionViewListenView Earnings Details
8/6/2015Q215$0.30$0.31$105.36 million$104.40 millionViewListenView Earnings Details
5/7/2015Q115$0.24$0.25$95.28 million$97.50 millionViewListenView Earnings Details
2/12/2015Q414$0.32$0.35$91.40 million$91.20 millionViewListenView Earnings Details
11/6/2014Q314$0.24$0.26$82.50 million$83.70 millionViewListenView Earnings Details
8/7/2014Q214$0.22$0.25$77.68 million$80.24 millionViewListenView Earnings Details
5/8/2014Q114$0.21$0.20$69.71 million$72.80 millionViewListenView Earnings Details
2/20/2014Q413$0.21$0.26$65.86 million$68.00 millionViewListenView Earnings Details
11/7/2013$0.19$0.21$56.82 million$59.60 millionViewN/AView Earnings Details
11/7/2013$0.19$0.21$56.82 million$59.60 millionViewN/AView Earnings Details
11/7/2013Q313$0.19$0.21$59.95 million$59.60 millionViewListenView Earnings Details
8/7/2013Q2 2013$0.19$0.23$54.69 million$56.80 millionViewListenView Earnings Details
5/8/2013Q1 2013$0.16$0.18$50.30 million$51.10 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.15$0.88$44.90 million$49.16 millionViewListenView Earnings Details
11/15/2012Q312$0.22$0.31$40.82 million$42.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Shutterstock (NYSE:SSTK)
Current Year EPS Consensus Estimate: $1.46 EPS
Next Year EPS Consensus Estimate: $1.70 EPS

Dividends

Dividend History for Shutterstock (NYSE:SSTK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Shutterstock (NYSE:SSTK)
Insider Ownership Percentage: 46.40%
Institutional Ownership Percentage: 58.19%
Insider Trades by Quarter for Shutterstock (NYSE:SSTK)
Institutional Ownership by Quarter for Shutterstock (NYSE:SSTK)
Insider Trades by Quarter for Shutterstock (NYSE:SSTK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/6/2017Steven BernsCFOSell9,559$41.74$398,992.66View SEC Filing  
6/16/2016Steven BernsCFOSell847$43.30$36,675.10View SEC Filing  
3/14/2016Catherine UlrichInsiderSell5,964$36.77$219,296.28View SEC Filing  
3/1/2016Catherine UlrichInsiderSell4,176$34.61$144,531.36View SEC Filing  
8/28/2015Jonathan OringerCEOBuy100,000$34.02$3,402,000.00View SEC Filing  
8/27/2015Jonathan OringerCEOBuy100,000$32.56$3,256,000.00View SEC Filing  
6/15/2015Nicholas FlynnSVPSell4,300$63.00$270,900.00View SEC Filing  
1/2/2015Thilo SemmelbauerCOOSell5,000$67.90$339,500.00View SEC Filing  
10/3/2014James ChouCTOSell5,000$75.00$375,000.00View SEC Filing  
10/1/2014Thilo SemmelbauerCOOSell5,000$70.87$354,350.00View SEC Filing  
8/1/2014Thilo SemmelbauerCOOSell5,000$76.31$381,550.00View SEC Filing  
7/1/2014Thilo SemmelbauerCOOSell5,000$84.59$422,950.00View SEC Filing  
6/25/2014Timothy E BixbyCFOSell57,564$85.00$4,892,940.00View SEC Filing  
6/19/2014Timothy E BixbyCFOSell2,436$85.00$207,060.00View SEC Filing  
6/2/2014Thilo SemmelbauerCOOSell5,000$64.34$321,700.00View SEC Filing  
5/1/2014Thilo SemmelbauerCOOSell5,000$73.93$369,650.00View SEC Filing  
4/1/2014Thilo SemmelbauerCOOSell5,000$73.71$368,550.00View SEC Filing  
3/3/2014Thilo SemmelbauerCOOSell5,000$98.76$493,800.00View SEC Filing  
2/3/2014Thilo SemmelbauerCOOSell5,000$78.06$390,300.00View SEC Filing  
1/2/2014Thilo SemmelbauerCOOSell5,000$82.43$412,150.00View SEC Filing  
12/2/2013Thilo SemmelbauerCOOSell5,000$72.34$361,700.00View SEC Filing  
11/1/2013Thilo SemmelbauerCOOSell5,000$70.28$351,400.00View SEC Filing  
9/3/2013Thilo SemmelbauerCOOSell5,000$49.97$249,850.00View SEC Filing  
8/1/2013Thilo SemmelbauerCOOSell5,000$54.51$272,550.00View SEC Filing  
7/15/2013Thilo SemmelbauerCOOSell5,000$59.64$298,200.00View SEC Filing  
10/11/2012Jeffrey E EpsteinDirectorBuy5,880$17.00$99,960.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Shutterstock (NYSE:SSTK)
Latest Headlines for Shutterstock (NYSE:SSTK)
Source:
DateHeadline
finance.yahoo.com logoShutterstock Contributors Earn Over $500 Million
finance.yahoo.com - May 23 at 9:05 AM
americanbankingnews.com logoShutterstock Inc (SSTK) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 19 at 3:14 PM
americanbankingnews.com logoJefferies Group LLC Reaffirms "Hold" Rating for Shutterstock Inc (SSTK)
www.americanbankingnews.com - May 8 at 10:16 PM
finance.yahoo.com logoEdited Transcript of SSTK earnings conference call or presentation 3-May-17 12:30pm GMT
finance.yahoo.com - May 5 at 10:41 PM
finance.yahoo.com logoShutterstock, Inc. – Value Analysis (NYSE:SSTK) : May 5, 2017
finance.yahoo.com - May 5 at 10:41 PM
americanbankingnews.com logo$137.54 Million in Sales Expected for Shutterstock Inc (SSTK) This Quarter
www.americanbankingnews.com - May 4 at 1:56 PM
finance.yahoo.com logoShutterstock, Inc. breached its 50 day moving average in a Bearish Manner : SSTK-US : May 4, 2017
finance.yahoo.com - May 4 at 10:51 AM
americanbankingnews.com logoShutterstock (SSTK) Earns News Sentiment Rating of 0.10
www.americanbankingnews.com - May 3 at 6:14 PM
seekingalpha.com logoShutterstock (SSTK) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 6:12 PM
americanbankingnews.com logoShutterstock Inc (SSTK) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 3 at 1:09 PM
bizjournals.com logoShutterstock Reports First Quarter 2017 Financial Results
www.bizjournals.com - May 3 at 10:37 AM
finance.yahoo.com logoTepid Results Reveal Shutterstock's Vulnerabilities
finance.yahoo.com - May 3 at 10:37 AM
fool.com logoTepid Results Reveal Shutterstock's Vulnerabilities
www.fool.com - May 3 at 9:58 AM
marketbeat.com logoShutterstock misses 1Q profit forecasts
marketbeat.com - May 3 at 7:22 AM
americanbankingnews.com logo Brokerages Anticipate Shutterstock Inc (SSTK) Will Post Earnings of $0.21 Per Share
www.americanbankingnews.com - May 2 at 2:08 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Somewhat Likely to Affect Shutterstock (SSTK) Stock Price
www.americanbankingnews.com - April 30 at 11:57 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Unlikely to Affect Shutterstock (SSTK) Stock Price
www.americanbankingnews.com - April 26 at 7:40 PM
americanbankingnews.com logoShutterstock Inc (SSTK) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 24 at 5:04 PM
americanbankingnews.com logoShutterstock (SSTK) Receiving Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 23 at 7:01 PM
americanbankingnews.com logoShutterstock's (SSTK) Hold Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - April 22 at 7:32 AM
finance.yahoo.com logoShutterstock to Present at Upcoming Investor Conferences
finance.yahoo.com - April 20 at 8:07 PM
americanbankingnews.com logoShutterstock (SSTK) Receiving Very Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 19 at 10:29 AM
finance.yahoo.com logoWebdam Launches Workstream™, Project Management Solution to Master the Creative Development Process
finance.yahoo.com - April 18 at 7:13 PM
finance.yahoo.com logoOne Tree-Hugger And Four Other Top Performing Funds
finance.yahoo.com - April 18 at 7:13 PM
americanbankingnews.com logoShutterstock (SSTK) Getting Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 15 at 2:33 PM
americanbankingnews.com logoShutterstock (SSTK) to Repurchase $100 million in Outstanding Shares
www.americanbankingnews.com - April 12 at 8:59 AM
americanbankingnews.com logo Analysts Expect Shutterstock Inc (SSTK) to Post $0.21 EPS
www.americanbankingnews.com - April 11 at 8:43 AM
finance.yahoo.com logoShutterstock To Report First Quarter 2017 Earnings Results on May 3, 2017
finance.yahoo.com - April 7 at 12:46 PM
finance.yahoo.com logoShutterstock to Showcase all the Glamour of The Met Gala
finance.yahoo.com - April 7 at 12:46 PM
bizjournals.com logoResearch Reports Initiation on Business Services Stocks -- Shutterstock, PRA Group, Altisource Portfolio, and Priceline
www.bizjournals.com - April 3 at 8:17 AM
americanbankingnews.com logoShutterstock Inc (SSTK) Earns “Neutral” Rating from Cantor Fitzgerald
www.americanbankingnews.com - March 19 at 10:42 PM
finance.yahoo.com logoWorld Surf League Selects Shutterstock as Exclusive Global Distributor for its Professional Surfing Photo Collection
finance.yahoo.com - March 16 at 8:47 PM
americanbankingnews.com logoShutterstock Inc (SSTK) Given New $43.00 Price Target at Cantor Fitzgerald
www.americanbankingnews.com - March 12 at 4:30 PM
finance.yahoo.com logoShutterstock Provides Curated Collection for Amazon's Customized Prints
finance.yahoo.com - March 9 at 7:57 PM
americanbankingnews.com logoShutterstock (SSTK) – Research Analysts’ Weekly Ratings Changes
www.americanbankingnews.com - March 9 at 5:07 PM
americanbankingnews.com logoShutterstock Inc (SSTK) CFO Sells $398,992.66 in Stock
www.americanbankingnews.com - March 8 at 1:31 AM
finance.yahoo.com logoSHUTTERSTOCK, INC. Financials
finance.yahoo.com - March 2 at 8:08 PM
finance.yahoo.com logoSharpSpring Integrates Shutterstock as Exclusive Image Provider
finance.yahoo.com - March 1 at 9:45 AM
us.rd.yahoo.com logoEdited Transcript of SSTK earnings conference call or presentation 27-Feb-17 1:30pm GMT
us.rd.yahoo.com - February 28 at 7:38 PM
rttnews.com logoShutterstock Inc. (SSTK) Tumbled To An 8-Month Low After Weak Q4 Report
www.rttnews.com - February 28 at 11:47 AM
nasdaq.com logoShutterstock Inc. (SSTK) Is Down Sharply After Q4 Profit Disappoints
www.nasdaq.com - February 27 at 4:48 PM
fool.com logoShutterstock Aims to Become a Premier Digital Platform Despite Growth Woes
us.rd.yahoo.com - February 27 at 4:48 PM
marketwatch.com logoShutterstock's stock sinks after disappointing results and outlook
us.rd.yahoo.com - February 27 at 4:48 PM
us.rd.yahoo.com logoUS STOCKS-Wall Street slips as tech stocks weigh
us.rd.yahoo.com - February 27 at 4:48 PM
us.rd.yahoo.com logoShares of Shutterstock dive after earnings, sales miss
us.rd.yahoo.com - February 27 at 4:48 PM
us.rd.yahoo.com logoUS STOCKS-S&P, Dow hit record highs on Trump's policy comments
us.rd.yahoo.com - February 27 at 4:48 PM
thestreet.com logoDow, S&P 500 Brush Aside Earlier Jitters to Close at Fresh Records
us.rd.yahoo.com - February 27 at 4:48 PM
fool.com logoWhy Shutterstock Inc. Stock Tumbled Today
www.fool.com - February 27 at 2:00 PM
us.rd.yahoo.com logoShutterstock Reports Fourth Quarter and Full Year 2016 Financial Results
us.rd.yahoo.com - February 27 at 9:06 AM
biz.yahoo.com logoQ4 2016 Shutterstock Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 27 at 9:06 AM

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Chart

Shutterstock (SSTK) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff