Shutterstock, Inc provides digital content, and tools and services in North America, Europe, and internationally. It offers digital imagery services that include licensed photographs, vectors, illustrations, and video clips, which is used in visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and music services comprising music tracks and sound effects that are used to complement digital imagery.
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Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryPublishing
SectorComputer and Technology
Phone646-710-3417
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$623.25 million
Profitability
Miscellaneous
Employees1,029
Next Earnings Date10/29/2019 (Estimated)
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 were Shutterstock's earnings last quarter?
Shutterstock Inc (NYSE:SSTK) released its quarterly earnings results on Tuesday, August, 6th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.02. The business services provider had revenue of $161.74 million for the quarter, compared to the consensus estimate of $171.93 million. Shutterstock had a net margin of 5.19% and a return on equity of 13.64%. The business's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 EPS. View Shutterstock's Earnings History.
When is Shutterstock's next earnings date?
What guidance has Shutterstock issued on next quarter's earnings?
Shutterstock issued an update on its FY 2019 earnings guidance on Tuesday, August, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $645-670 million, compared to the consensus revenue estimate of $687.32 million.
What price target have analysts set for SSTK?
2 Wall Street analysts have issued twelve-month target prices for Shutterstock's shares. Their predictions range from $35.00 to $44.00. On average, they anticipate Shutterstock's share price to reach $39.50 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for Shutterstock.
What is the consensus analysts' recommendation for Shutterstock?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 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. 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. " (9/19/2019)
- 2. SunTrust Banks, Inc. analysts commented, "We maintain a Hold rating heading into SSTK’s 2Q19 results (8/6 BMO), which we expect will be inline to slightly below consensus. Enterprise should continue to show strain, with competitive pressures likely playing a factor, though Ecommerce should sustain positive momentum, driven by iterative site changes improving conversions. That said, recent changes to mgt, weakness in Enterprise, exposure to Europe, and competition are likely to keep growth in check, making hitting FY19 guidance, which calls for re-accelerating revenue growth (+12.5% FXN at midpoint), more challenging in our view. Expecting in line results; FX a modest headwind. We expect $169.4M (+8.2% Y/Y reported, ~10% Y/Y FXN) in revenues and $29.0M in EBITDA (17.1% margin) vs. consensus of $171.6M/$27.9M." (8/5/2019)
Has Shutterstock been receiving favorable news coverage?
News headlines about SSTK stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shutterstock earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Shutterstock.
Who are some of Shutterstock's key competitors?
Some companies that are related to Shutterstock include CHURCHILL CAP C/SH (CCC), CarGurus (CARG), Bilibili (BILI), YY (YY), Corelogic (CLGX), Five9 (FIVN), Globant (GLOB), Inovalon (INOV), Evertec (EVTC), Yext (YEXT), CSG Systems International (CSGS), Change Healthcare (CHNG), Trivago (TRVG), Upwork (UPWK) and SciPlay (SCPL).
What other stocks do shareholders of Shutterstock own?
Who are Shutterstock's key executives?
Shutterstock's management team includes the folowing people:
- Mr. Jonathan Oringer, Founder, CEO & Chairman (Age 45)
- Mr. Steven Berns, Co-COO & CFO (Age 54)
- Mr. Louis H. Weiss, Chief Marketing Officer (Age 50)
- Mr. Stan Pavlovsky, Co-COO & Head of Strategic Operations (Age 47)
- Mr. Steven Ciardiello, Chief Accounting Officer (Age 48)
Who are Shutterstock's major shareholders?
Shutterstock's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.90%), Vanguard Group Inc. (5.92%), Van Berkom & Associates Inc. (3.81%), Bernzott Capital Advisors (2.55%), Renaissance Technologies LLC (2.36%) and Rice Hall James & Associates LLC (2.08%). Company insiders that own Shutterstock stock include Deirdre Mary Bigley, Jeffrey Kane Weiser, Martin Brodbeck 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 D. E. Shaw & Co. Inc., Man Group plc, Van Berkom & Associates Inc., Rice Hall James & Associates LLC, Renaissance Technologies LLC, Invesco Ltd., Measured Wealth Private Client Group LLC and Trexquant Investment LP. Company insiders that have sold Shutterstock company stock in the last year include Deirdre Mary Bigley, Martin Brodbeck and Thomas R Evans. View Insider Buying and Selling for Shutterstock.
Which institutional investors are buying Shutterstock stock?
SSTK stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Landscape Capital Management L.L.C., Marshall Wace LLP, Nuveen Asset Management LLC, Atria Investments LLC, Atria Investments LLC, BlackRock Inc. and Vanguard Group Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Shutterstock's stock price today?
One share of SSTK stock can currently be purchased for approximately $36.74.
How big of a company is Shutterstock?
Shutterstock has a market capitalization of $1.30 billion and generates $623.25 million in revenue each year. The business services provider earns $54.69 million in net income (profit) each year or $1.05 on an earnings per share basis. Shutterstock employs 1,029 workers across the globe.View Additional Information About Shutterstock.
What is Shutterstock's official website?
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)
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.
