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 Ratio67.83
Forward P/E Ratio59.49
P/E GrowthN/A
Sales & Book Value
Annual Sales$557.11 million
Price / Sales3.02
Cash Flow$1.7095 per share
Price / Cash28.19
Book Value$9.07 per share
Price / Book5.31
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 announced that its board has authorized a share repurchase plan on Wednesday, April 12th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.
How were Shutterstock's earnings last quarter?
Shutterstock Inc (NYSE:SSTK) posted its quarterly earnings data on Thursday, April, 26th. The business services provider reported $0.30 earnings per share (EPS) 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 company's revenue for the quarter was up 17.5% on a year-over-year basis. During the same period last year, the business 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 brokerages have issued 12 month target prices for Shutterstock's stock. Their forecasts range from $34.00 to $47.00. On average, they expect Shutterstock's stock 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), Zendesk (ZEN), RingCentral (RNG), Bilibili (BILI), DST Systems (DST), Pegasystems (PEGA), Corelogic (CLGX), CarGurus (CARG), Zynga (ZNGA), PagSeguro Digital (PAGS), Smartsheet (SMAR), Acxiom (ACXM), Five9 (FIVN), Cars.com (CARS) and Globant (GLOB).
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 headlines about SSTK stock have trended somewhat positive on Thursday, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shutterstock earned a daily sentiment score of 0.16 on Accern's scale. They also gave headlines about the business services provider an impact score of 46.73 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Shutterstock's major shareholders?
Shutterstock's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Summit Trail Advisors LLC (59.52%), BlackRock Inc. (6.99%), Van Berkom & Associates Inc. (3.78%), Bernzott Capital Advisors (1.92%), Dimensional Fund Advisors LP (1.37%) and Summit Trail Advisors LLC (1.26%). Company insiders that own Shutterstock stock include Jeffrey Kane Weiser and Steven Berns. 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 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 institutional investors are buying Shutterstock stock?
SSTK stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Matarin Capital Management LLC, Dimensional Fund Advisors LP, Millennium Management LLC, Spark Investment Management LLC, Sensato Investors LLC, BlackRock Inc. and Hussman Strategic Advisors 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, Scottrade, Fidelity and Charles Schwab.
What is Shutterstock's stock price today?
One share of SSTK stock can currently be purchased for approximately $48.19.
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 (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.
