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About Shutterstock (NYSE:SSTK)
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.
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryPublishing
SectorComputer and Technology
SymbolNYSE:SSTK
CUSIP82569010
Phone646-710-3417
Debt
Debt-to-Equity RatioN/A
Current Ratio1.57
Quick Ratio1.57
Price-To-Earnings
Trailing P/E Ratio66.59
Forward P/E Ratio56.73
P/E GrowthN/A
Sales & Book Value
Annual Sales$557.11 million
Price / Sales2.88
Cash Flow$1.7465 per share
Price / Cash26.31
Book Value$9.07 per share
Price / Book5.07
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$16.72 million
Net Margins7.36%
Return on Equity7.59%
Return on Assets4.29%
Miscellaneous
Employees1,130
Outstanding Shares34,870,000
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 will Shutterstock's stock buyback program work?
Shutterstock declared that its board has authorized a share buyback program on Wednesday, April 12th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 6.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Shutterstock's earnings last quarter?
Shutterstock (NYSE:SSTK) announced its quarterly earnings results on Thursday, April, 26th. The business services provider reported $0.30 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.04. The business services provider earned $153 million during the quarter, compared to analyst estimates of $150.14 million. Shutterstock had a net margin of 7.36% and a return on equity of 7.59%. The business's quarterly revenue was up 17.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.19 EPS. View Shutterstock's Earnings History.
When is Shutterstock's next earnings date?
What price target have analysts set for SSTK?
4 equities research analysts have issued 1-year price objectives for Shutterstock's shares. Their forecasts range from $34.00 to $47.00. On average, they anticipate Shutterstock's share price to reach $41.00 in the next year. 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. 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)
- 2. Cantor Fitzgerald analysts commented, "Better-than-expected 3Q; revenue & EBITDA 5.8%/7.9% above Street. Revenue increased 14% Y/Y ex FX to $141.1M, 5.8% above (StreetAccount) consensus of $133.3M, and EBITDA increased 1.0% Y/Y ex FX to $23.2M (16.4% margin), 7.9% above consensus’ $21.5M. Normalized EPS was $0.31 vs. the Street’s $0.27." (10/31/2017)
Who are some of Shutterstock's key competitors?
Some companies that are related to Shutterstock include Proofpoint (PFPT), RingCentral (RNG), Zendesk (ZEN), DST Systems (DST), Pegasystems (PEGA), CoreLogic (CLGX), Zynga (ZNGA), Bilibili (BILI), PagSeguro (PAGS), CarGurus (CARG), Fang (SFUN), Acxiom (ACXM), Longfin (LFIN), Smartsheet (SMAR) and Mindbody (MB).
Who are Shutterstock's key executives?
Shutterstock's management team includes the folowing people:
- Mr. Jonathan Oringer, Founder, Chairman and Chief Exec. Officer (Age 44)
- Mr. Steven Berns, COO & CFO (Age 53)
- Ms. Jody Vandergriff, Co-Founder of WebDAM and Chief Exec. Officer of WebDAM
- Mr. Steven Ciardiello, Chief Accounting Officer (Age 47)
- Mr. Martin H. Brodbeck, Chief Technology Officer (Age 45)
Has Shutterstock been receiving favorable news coverage?
Media coverage about SSTK stock has trended positive on Monday, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shutterstock earned a daily sentiment score of 0.48 on Accern's scale. They also gave press coverage about the business services provider an impact score of 46.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Shutterstock's major shareholders?
Shutterstock's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.99%), Van Berkom & Associates Inc. (3.78%), Bernzott Capital Advisors (1.92%), Dimensional Fund Advisors LP (1.37%), Matarin Capital Management LLC (1.01%) and Spark Investment Management LLC (0.59%). Company insiders that own Shutterstock stock include Jeffrey Kane Weiser and Steven Berns. View Institutional Ownership Trends for Shutterstock.
Which major investors are selling Shutterstock stock?
SSTK stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Sei Investments Co., Van Berkom & Associates Inc., Point72 Asset Management L.P., Prudential Financial Inc., Bernzott Capital Advisors, BNP Paribas Arbitrage SA and American International Group Inc.. View Insider Buying and Selling for Shutterstock.
Which major investors are buying Shutterstock stock?
SSTK stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Dimensional Fund Advisors LP, Millennium Management LLC, Spark Investment Management LLC, Sensato Investors LLC, BlackRock Inc., Hussman Strategic Advisors 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 $45.95.
How big of a company is Shutterstock?
Shutterstock has a market capitalization of $1.60 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.
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 (SSTK)
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.
Shutterstock (NYSE:SSTK) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for Shutterstock in the last 12 months. Their average twelve-month price target is $41.00, suggesting that the stock has a possible downside of 10.77%. The high price target for SSTK is $47.00 and the low price target for SSTK is $34.00. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.75 | 1.80 | 1.80 | 1.80 |
| Ratings Breakdown: | 1 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $41.00 | $42.80 | $38.60 | $38.60 |
| Price Target Upside: | 10.77% downside | 14.40% downside | 1.00% downside | 1.00% downside |
Shutterstock (NYSE:SSTK) Consensus Price Target History
Shutterstock (NYSE:SSTK) Analyst Ratings History
Show:
(Data available from 5/21/2016 forward)
Shutterstock (NYSE:SSTK) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Shutterstock (NYSE SSTK) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 47.20%
Institutional Ownership Percentage: 57.52%
Shutterstock (NYSE SSTK) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/7/2017 | Jeffrey Kane Weiser | Insider | Sell | 4,449 | $38.00 | $169,062.00 | 30,500 |  |
| 3/6/2017 | Steven Berns | CFO | Sell | 9,559 | $41.74 | $398,992.66 | 83,366 | |
| 6/16/2016 | Steven Berns | CFO | Sell | 847 | $43.30 | $36,675.10 | 58,474 | |
| 3/14/2016 | Catherine Ulrich | Insider | Sell | 5,964 | $36.77 | $219,296.28 | 27,860 | |
| 3/1/2016 | Catherine Ulrich | Insider | Sell | 4,176 | $34.61 | $144,531.36 | 33,824 | |
| 8/28/2015 | Jonathan Oringer | CEO | Buy | 100,000 | $34.02 | $3,402,000.00 | 16,256,327 | |
| 8/27/2015 | Jonathan Oringer | CEO | Buy | 100,000 | $32.56 | $3,256,000.00 | 16,156,327 | |
| 6/15/2015 | Nicholas Flynn | SVP | Sell | 4,300 | $63.00 | $270,900.00 | | |
| 1/2/2015 | Thilo Semmelbauer | COO | Sell | 5,000 | $67.90 | $339,500.00 | | |
| 10/3/2014 | James Chou | CTO | Sell | 5,000 | $75.00 | $375,000.00 | | |
| 10/1/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $70.87 | $354,350.00 | | |
| 8/1/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $76.31 | $381,550.00 | | |
| 7/1/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $84.59 | $422,950.00 | | |
| 6/25/2014 | Timothy E Bixby | CFO | Sell | 57,564 | $85.00 | $4,892,940.00 | | |
| 6/19/2014 | Timothy E Bixby | CFO | Sell | 2,436 | $85.00 | $207,060.00 | | |
| 6/2/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $64.34 | $321,700.00 | | |
| 5/1/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $73.93 | $369,650.00 | 397,649 | |
| 4/1/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $73.71 | $368,550.00 | 402,649 | |
| 3/3/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $98.76 | $493,800.00 | 382,649 | |
| 2/3/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $78.06 | $390,300.00 | 387,649 | |
| 1/2/2014 | Thilo Semmelbauer | COO | Sell | 5,000 | $82.43 | $412,150.00 | 392,649 | |
| 12/2/2013 | Thilo Semmelbauer | COO | Sell | 5,000 | $72.34 | $361,700.00 | 397,649 | |
| 11/1/2013 | Thilo Semmelbauer | COO | Sell | 5,000 | $70.28 | $351,400.00 | | |
| 9/3/2013 | Thilo Semmelbauer | COO | Sell | 5,000 | $49.97 | $249,850.00 | 412,649 | |
| 8/1/2013 | Thilo Semmelbauer | COO | Sell | 5,000 | $54.51 | $272,550.00 | | |
| 7/15/2013 | Thilo Semmelbauer | COO | Sell | 5,000 | $59.64 | $298,200.00 | | |
| 10/11/2012 | Jeffrey E Epstein | Director | Buy | 5,880 | $17.00 | $99,960.00 | | |
(Data available from 1/1/2013 forward)
Shutterstock (NYSE SSTK) News Headlines
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Shutterstock (NYSE:SSTK) SEC Filings
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Shutterstock (NYSE:SSTK) Income Statement, Balance Sheet and Cash Flow Statement
Shutterstock (NYSE SSTK) Stock Chart for Monday, May, 21, 2018
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