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: Internet Services
  • Sub-Industry: Publishing
  • Symbol: NYSE:SSTK
  • CUSIP: 82569010
  • Web: www.shutterstock.com
Capitalization:
  • Market Cap: $1.17253 billion
  • Outstanding Shares: 34,628,000
Average Prices:
  • 50 Day Moving Avg: $33.71
  • 200 Day Moving Avg: $41.01
  • 52 Week Range: $29.85 - $65.16
P/E:
  • Trailing P/E Ratio: 41.92
  • Foreward P/E Ratio: 47.28
  • P/E Growth: 2.58
Sales & Book Value:
  • Annual Revenue: $517.47 million
  • Price / Sales: 2.28
  • Book Value: $8.42 per share
  • Price / Book: 4.04
Profitability:
  • EBIDTA: $57.99 million
  • Net Margins: 5.59%
  • Return on Equity: 11.08%
  • Return on Assets: 6.34%
Debt:
  • Current Ratio: 1.62%
  • Quick Ratio: 1.62%
Misc:
  • Average Volume: 269,386 shs.
  • Beta: 1.45
  • Short Ratio: 20
 

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 declared that its Board of Directors has initiated a share repurchase plan on Wednesday, April 12th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

How were Shutterstock's earnings last quarter?

Shutterstock, Inc. (NYSE:SSTK) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.12. The firm had revenue of $134 million for the quarter, compared to the consensus estimate of $137.83 million. Shutterstock had a net margin of 5.59% and a return on equity of 11.08%. The business's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the business 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 Thursday, November, 2nd 2017. View Earnings Estimates for Shutterstock.

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

7 analysts have issued 12-month price targets for Shutterstock's shares. Their predictions range from $30.00 to $50.00. On average, they anticipate Shutterstock's stock price to reach $38.40 in the next twelve months. 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. " (9/6/2017)
  • 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 are Shutterstock's key executives?

Shutterstock's management team includes the folowing people:

  • Jonathan Oringer, Chairman of the Board, Chief Executive Officer, Founder
  • Steven Berns CPA, Chief Financial Officer, Chief Operating Officer
  • Martin Brodbeck, Chief Technology Officer
  • Steven Ciardiello, Chief Accounting Officer, Principal Accounting Officer
  • Jeffrey Weiser, Chief Marketing Officer
  • Catherine Ulrich, Chief Product Officer
  • Thomas R. Evans, Presiding Independent Director
  • Deirdre Mary Bigley, Independent Director
  • Jeffrey Epstein, Independent Director
  • Paul J. Hennessy, Independent Director

Who owns Shutterstock stock?

Shutterstock's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Jackson Square Partners LLC (7.20%), BlackRock Inc. (6.38%), FMR LLC (6.24%), Vanguard Group Inc. (4.84%), Van Berkom & Associates Inc. (3.68%) and Bank of New York Mellon Corp (2.38%). Company insiders that own Shutterstock stock include Catherine Ulrich 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 Macquarie Group Ltd., FMR LLC, BlackRock Inc., Canada Pension Plan Investment Board, TIAA CREF Investment Management LLC, Stifel Financial Corp, Van Berkom & Associates Inc. and Tudor Investment Corp ET AL. View Insider Buying and Selling for Shutterstock.

Who bought Shutterstock stock? Who is buying Shutterstock stock?

Shutterstock's stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Janus Henderson Group PLC, Copper Rock Capital Partners LLC, Jackson Square Partners LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Rice Hall James & Associates LLC and Sei Investments Co.. 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.

What is Shutterstock's stock price today?

One share of Shutterstock stock can currently be purchased for approximately $34.04.


MarketBeat Community Rating for Shutterstock (NYSE SSTK)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  402
MarketBeat's community ratings are surveys of what our community members think about Shutterstock and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Shutterstock (NYSE:SSTK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings
Consensus Rating:Hold (Score: 1.86)
Consensus Price Target: $38.40 (12.81% upside)

Analysts' Ratings History for Shutterstock (NYSE:SSTK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/24/2017Jefferies Group LLCDowngradeHold -> Underperform$50.00 -> $30.00HighView Rating Details
8/15/2017SunTrust Banks, Inc.Initiated CoverageHold -> Hold$36.00LowView Rating Details
8/3/2017Deutsche Bank AGLower Price TargetHold$41.00 -> $33.00LowView 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 Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 9/23/2015 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
11/2/2017$0.30N/AView Earnings Details
8/2/2017Q2 2017$0.36$0.24$137.83 million$134.00 millionViewListenView Earnings Details
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: $0.61 EPS
Next Year EPS Consensus Estimate: $0.72 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: 47.30%
Institutional Ownership Percentage: 62.92%
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
seekingalpha.com logoShutterstock - Value In High Resolution
seekingalpha.com - September 23 at 8:47 AM
finance.yahoo.com logoIntroducing Shutterstock Custom™
finance.yahoo.com - September 23 at 8:47 AM
News IconMillion-dollar ZIP codes are on the rise — and it could spell trouble for America's homeownership rate
www.businessinsider.com - September 21 at 4:12 PM
prnewswire.com logoShutterstock Enhances Plugin to Enable Further Integration with Adobe Creative ...
www.prnewswire.com - September 20 at 9:28 AM
finance.yahoo.com logoShutterstock Enhances Plugin to Enable Further Integration with Adobe Creative Cloud
finance.yahoo.com - September 20 at 9:28 AM
americanbankingnews.com logoLeaf Group (LFGR) and Shutterstock (SSTK) Head-To-Head Survey
www.americanbankingnews.com - September 19 at 4:14 AM
americanbankingnews.com logoFinancial Comparison: Shutterstock (SSTK) vs. The Competition
www.americanbankingnews.com - September 17 at 4:46 PM
americanbankingnews.com logoHead-To-Head Survey: Shutterstock (SSTK) and Its Competitors
www.americanbankingnews.com - September 15 at 10:20 AM
americanbankingnews.com logoAnalyzing Shutterstock (SSTK) & Its Rivals
www.americanbankingnews.com - September 14 at 2:22 AM
thestreet.com logoShutterstock Reaches Analyst Target Price
www.thestreet.com - September 12 at 10:16 AM
americanbankingnews.com logoShutterstock (SSTK) and its Competitors Financial Review
www.americanbankingnews.com - September 11 at 10:08 PM
americanbankingnews.com logoShutterstock, Inc. (SSTK) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - September 10 at 7:34 PM
americanbankingnews.com logoComparing TrueCar (TRUE) and Shutterstock (SSTK)
www.americanbankingnews.com - September 5 at 12:17 PM
americanbankingnews.com logoValuEngine Lowers Shutterstock, Inc. (SSTK) to Sell
www.americanbankingnews.com - September 2 at 1:50 PM
americanbankingnews.com logoShutterstock, Inc. (SSTK) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 29 at 3:12 PM
News Icon'Shrinking like a tire with a slow puncture:' UK house price growth is slowing down
www.businessinsider.com - August 29 at 6:56 AM
americanbankingnews.com logoShutterstock Inc (SSTK) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 26 at 10:34 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Shutterstock Inc (SSTK) Will Post Quarterly Sales of $134.15 Million
www.americanbankingnews.com - August 26 at 1:24 PM
americanbankingnews.com logoShutterstock, Inc. (SSTK) Rating Lowered to Underperform at Jefferies Group LLC
www.americanbankingnews.com - August 24 at 10:06 PM
finance.yahoo.com logoArtificial intelligence has opened up a whole new way to steal pictures online
finance.yahoo.com - August 23 at 12:00 PM
finance.yahoo.com logo[$$] Shutterstock CIO Leaves After Joining Last Year
finance.yahoo.com - August 22 at 6:58 AM
americanbankingnews.com logoHead-To-Head Review: Shutterstock (SSTK) and Yelp (YELP)
www.americanbankingnews.com - August 17 at 10:28 PM
americanbankingnews.com logoFinancial Survey: Qunar Cayman Islands (QUNR) & Shutterstock (SSTK)
www.americanbankingnews.com - August 17 at 4:22 PM
americanbankingnews.com logoShutterstock, Inc. (SSTK) Earns Hold Rating from Analysts at SunTrust Banks, Inc.
www.americanbankingnews.com - August 15 at 9:18 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Shutterstock Inc.
finance.yahoo.com - August 14 at 5:55 AM
americanbankingnews.com logoHead to Head Comparison: Blucora (BCOR) vs. Shutterstock (SSTK)
www.americanbankingnews.com - August 9 at 7:11 AM
americanbankingnews.com logoZacks: Analysts Anticipate Shutterstock, Inc. (NYSE:SSTK) Will Announce Quarterly Sales of $133.83 Million
www.americanbankingnews.com - August 8 at 9:32 AM
americanbankingnews.com logo Brokerages Expect Shutterstock, Inc. (NYSE:SSTK) to Announce $0.25 EPS
www.americanbankingnews.com - August 6 at 7:12 AM
americanbankingnews.com logoShutterstock, Inc. (NYSE:SSTK) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 4 at 2:40 PM
bizjournals.com logoShutterstock Reports Second Quarter 2017 Financial Results
www.bizjournals.com - August 3 at 7:35 AM
seekingalpha.com logoShutterstock's (SSTK) CEO Jonathan Oringer on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 3 at 7:35 AM
nasdaq.com logoShutterstock Enters Oversold Territory (SSTK)
www.nasdaq.com - August 3 at 7:35 AM
finance.yahoo.com logoWhy Shutterstock Inc. Shares Got Shut Down Today
finance.yahoo.com - August 3 at 7:35 AM
finance.yahoo.com logoShutterstock misses Street 2Q forecasts
finance.yahoo.com - August 3 at 7:35 AM
finance.yahoo.com logoEdited Transcript of SSTK earnings conference call or presentation 2-Aug-17 12:30pm GMT
finance.yahoo.com - August 3 at 7:35 AM
fool.com logoShutterstock Stock Shudders After Big Earnings Decline
www.fool.com - August 2 at 3:26 PM
americanbankingnews.com logoShutterstock, Inc. (NYSE:SSTK) Issues Earnings Results
www.americanbankingnews.com - August 2 at 3:02 PM
americanbankingnews.com logoShutterstock, Inc. (SSTK) Expected to Post Quarterly Sales of $137.90 Million
www.americanbankingnews.com - July 19 at 5:38 PM
finance.yahoo.com logoETFs with exposure to Shutterstock, Inc. : July 13, 2017
finance.yahoo.com - July 14 at 8:45 AM
americanbankingnews.com logoShutterstock, Inc. (NYSE:SSTK) Stock Rating Lowered by TheStreet
www.americanbankingnews.com - July 11 at 11:54 AM
americanbankingnews.com logoShutterstock Inc (SSTK) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 2:30 PM
finance.yahoo.com logoShutterstock To Report Second Quarter 2017 Earnings on August 2, 2017
finance.yahoo.com - July 7 at 1:35 PM
investorplace.com logo7 Stocks to Buy Before Their Earnings Breakout
investorplace.com - July 6 at 9:58 AM
streetinsider.com logoUPDATE: Shutterstock (SSTK) to Buy Flashstock for $50M in Cash
www.streetinsider.com - June 28 at 1:06 AM
finance.yahoo.com logoETFs with exposure to Shutterstock, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 8:04 PM
finance.yahoo.com logoShutterstock to Acquire Flashstock, A Leading Custom Content Creation Platform
finance.yahoo.com - June 27 at 8:04 PM
finance.yahoo.com logoShutterstock, Inc. breached its 50 day moving average in a Bullish Manner : SSTK-US : June 26, 2017
finance.yahoo.com - June 27 at 8:41 AM
finance.yahoo.com logoShutterstock, Inc. :SSTK-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 27 at 8:41 AM
americanbankingnews.com logoJefferies Group LLC Reaffirms Hold Rating for Shutterstock, Inc. (SSTK)
www.americanbankingnews.com - June 23 at 4:32 PM
americanbankingnews.com logoShutterstock, Inc. (SSTK) Expected to Announce Quarterly Sales of $137.90 Million
www.americanbankingnews.com - June 22 at 9:41 AM

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Shutterstock (SSTK) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff