NYSE:SSTK - Shutterstock Stock Price, Price Target & More

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$48.61 -0.82 (-1.66 %)
(As of 07/23/2018 11:25 AM ET)
Previous Close$48.81
Today's Range$48.55 - $48.81
52-Week Range$29.85 - $52.78
Volume484 shs
Average Volume163,210 shs
Market Capitalization$1.72 billion
P/E Ratio69.62
Dividend YieldN/A
Beta1.29
Shutterstock logoShutterstock, 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
SymbolNYSE:SSTK
CUSIP82569010
Phone646-710-3417

Debt

Debt-to-Equity RatioN/A
Current Ratio1.57
Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio69.62
Forward P/E Ratio60.01
P/E GrowthN/A

Sales & Book Value

Annual Sales$557.11 million
Price / Sales3.04
Cash Flow$1.7171 per share
Price / Cash28.31
Book Value$9.07 per share
Price / Book5.36

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
Market Cap$1,723.41

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 announced that its board has approved 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 buy up to 6.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

How were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) issued its quarterly earnings data on Thursday, April, 26th. The business services provider reported $0.30 EPS for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.04. The business services provider earned $153 million during the quarter, compared to the consensus estimate of $150.14 million. Shutterstock had a return on equity of 7.59% and a net margin of 7.36%. Shutterstock's quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.19 EPS. View Shutterstock's Earnings History.

When is Shutterstock's next earnings date?

Shutterstock is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Shutterstock.

What price target have analysts set for SSTK?

4 equities research analysts have issued twelve-month price targets for Shutterstock's shares. Their predictions range from $34.00 to $47.00. On average, they expect Shutterstock's share price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 15.7%. View Analyst Ratings for Shutterstock.

What is the consensus analysts' recommendation for Shutterstock?

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

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?

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)

Has Shutterstock been receiving favorable news coverage?

News articles about SSTK stock have been trending somewhat positive on Monday, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shutterstock earned a news impact score of 0.14 on Accern's scale. They also gave news headlines about the business services provider an impact score of 45.86 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Shutterstock's major shareholders?

Shutterstock's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Cornerstone Wealth Management LLC (0.22%), Atria Investments LLC (0.02%) and Municipal Employees Retirement System of Michigan (0.01%). 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 Municipal Employees Retirement System of Michigan. 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 Cornerstone Wealth Management LLC and Atria Investments LLC. 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 $48.61.

How big of a company is Shutterstock?

Shutterstock has a market capitalization of $1.72 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 (NYSE SSTK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  521
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 7/23/2018 by MarketBeat.com Staff

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