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 Ratio1.39%
Quick Ratio1.39%
Price-To-Earnings
Trailing P/E Ratio72.15
Forward P/E Ratio65.68
P/E GrowthN/A
Sales & Book Value
Annual Sales$557.11 million
Price / Sales3.20
Cash Flow$1.7255 per share
Price / Cash29.69
Book Value$9.07 per share
Price / Book5.65
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$16.72 million
Net Margins3.00%
Return on Equity8.43%
Return on Assets4.71%
Miscellaneous
Employees1,130
Outstanding Shares34,750,000
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 stock buyback plan on Wednesday, April 12th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.
How were Shutterstock's earnings last quarter?
Shutterstock (NYSE:SSTK) posted its quarterly earnings results on Thursday, February, 22nd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.01. The business services provider earned $151.80 million during the quarter, compared to the consensus estimate of $143.66 million. Shutterstock had a net margin of 3.00% and a return on equity of 8.43%. Shutterstock's quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 earnings per share. 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 12-month price targets for Shutterstock's shares. 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. " (3/24/2018)
- 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 CarGurus (CARG), Zynga (ZNGA), Trivago (TRVG), Fang (SFUN), Classified Ventures (CARS), Acxiom (ACXM), Mindbody (MB), Five9 (FIVN), Globant (GLOB), Inovalon (INOV), CSG Systems International (CSGS), Bitauto (BITA), Sohu.com (SOHU), Evertec (EVTC), Yext (YEXT), Carbonite (CARB), Liberty TripAdvisor (LTRPA) and Renren (RENN).
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 stories about SSTK stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shutterstock earned a coverage optimism score of 0.17 on Accern's scale. They also gave news stories about the business services provider an impact score of 46.23 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.
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 $51.23.
How big of a company is Shutterstock?
Shutterstock has a market capitalization of $1.80 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 19.97%. 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 | 1.88 |
| 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)
7 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $41.00 | $42.80 | $38.60 | $38.40 |
| Price Target Upside: | 19.97% downside | 14.40% downside | 1.00% downside | 16.08% upside |
Shutterstock (NYSE:SSTK) Consensus Price Target History
Shutterstock (NYSE:SSTK) Analyst Ratings History
Show:
(Data available from 4/22/2016 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: 47.30%
Institutional Ownership Percentage: 58.91%
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
| Source: |
|
| Date | Headline |
|---|
 | Shutterstock to Present at Upcoming Investor Conferences
finance.yahoo.com - April 18 at 5:48 PM |
 | Shutterstock (SSTK) Lowered to Hold at BidaskClub
www.americanbankingnews.com - April 16 at 4:48 PM |
| Shutterstock (SSTK) Cut to "Sell" at BidaskClub
www.americanbankingnews.com - April 14 at 4:47 PM |
| $150.17 Million in Sales Expected for Shutterstock (SSTK) This Quarter
www.americanbankingnews.com - April 14 at 2:41 AM |
| Shutterstock (SSTK) Price Target Lowered to $33.00 at Deutsche Bank
www.americanbankingnews.com - April 13 at 3:16 PM |
| Shutterstock (SSTK) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - April 12 at 5:45 PM |
| $0.35 Earnings Per Share Expected for Shutterstock (SSTK) This Quarter
www.americanbankingnews.com - April 12 at 3:12 PM |
| Shutterstock (SSTK) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 12 at 11:59 AM |
| Shutterstock (SSTK) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 11 at 1:31 PM |
| Shutterstock To Report First Quarter 2018 Earnings Results on April 26, 2018
finance.yahoo.com - April 3 at 5:38 PM |
| Shutterstock (SSTK) Price Target Increased to $34.00 by Analysts at Jefferies Group
www.americanbankingnews.com - April 2 at 10:44 AM |
| BidaskClub Lowers Shutterstock (SSTK) to Strong Sell
www.americanbankingnews.com - April 1 at 5:55 PM |
| Shutterstock (SSTK) Raised to "Hold" at ValuEngine
www.americanbankingnews.com - March 25 at 12:52 AM |
| Shutterstock (SSTK) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 24 at 11:13 AM |
| Shutterstock Inc (SSTK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 17 at 2:35 PM |
| The Football Association Selects SilverHub and Shutterstock as Official Photographer and Distribution Partners
finance.yahoo.com - March 15 at 8:12 AM |
| Shutterstock Expands Leadership Team
finance.yahoo.com - March 13 at 7:21 PM |
| Shutterstock Inc (SSTK) Expected to Announce Quarterly Sales of $150.17 Million
www.americanbankingnews.com - March 11 at 7:50 AM |
| Brokerages Anticipate Shutterstock Inc (SSTK) Will Post Earnings of $0.35 Per Share
www.americanbankingnews.com - March 9 at 5:14 PM |
| Shutterstock to Present at Deutsche Bank's 2018 Media, Telecom & Business Services Conference
finance.yahoo.com - March 5 at 5:52 PM |
| Landscape Capital Management L.L.C. Has $2.66 Million Position in Shutterstock Inc (SSTK)
www.americanbankingnews.com - March 3 at 3:20 PM |
| Shutterstock's 2018 Oscar Pop! Poster Series Draws Inspiration from Iconic Pop Artists
finance.yahoo.com - February 28 at 6:06 PM |
| Jackson Square Partners LLC Has $76.13 Million Stake in Shutterstock Inc (SSTK)
www.americanbankingnews.com - February 28 at 3:54 PM |
| Spark Investment Management LLC Increases Stake in Shutterstock Inc (SSTK)
www.americanbankingnews.com - February 27 at 4:34 PM |
| Schroder Investment Management Group Acquires 276,377 Shares of Shutterstock Inc (SSTK)
www.americanbankingnews.com - February 24 at 10:18 AM |
| Shutterstock (SSTK) Price Target Raised to $43.00 at Deutsche Bank
www.americanbankingnews.com - February 23 at 6:12 PM |
 | Shutterstock's (SSTK) CEO Jonathan Oringer on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 6:02 PM |
| Shutterstock (SSTK) Given New $47.00 Price Target at SunTrust Banks
www.americanbankingnews.com - February 23 at 9:12 AM |
| Investors Buy High Volume of Shutterstock Call Options (SSTK)
www.americanbankingnews.com - February 23 at 8:26 AM |
| [$$] Frieze art fair to open in Los Angeles
finance.yahoo.com - February 23 at 8:17 AM |
 | BRIEF-Shutterstock Announces Investment In ZCool
www.reuters.com - February 22 at 5:40 PM |
 | Shutterstock Takes a Bottom-Line Hit
www.fool.com - February 22 at 12:16 PM |
| Shutterstock (SSTK) and Yirendai (YRD) Critical Contrast
www.americanbankingnews.com - February 22 at 11:44 AM |
| Shutterstock (SSTK) Releases Earnings Results, Misses Estimates By $0.04 EPS
www.americanbankingnews.com - February 22 at 11:36 AM |
| The Worst States to Retire In
finance.yahoo.com - February 22 at 8:16 AM |
| Shutterstock misses 4Q profit forecasts
finance.yahoo.com - February 22 at 8:16 AM |
| Shutterstock Announces Investment in ZCool
finance.yahoo.com - February 22 at 8:16 AM |
| Shutterstock Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 22 at 8:16 AM |
| Brokerages Anticipate Shutterstock Inc (SSTK) Will Announce Quarterly Sales of $143.76 Million
www.americanbankingnews.com - February 22 at 4:32 AM |
| Shutterstock Inc (SSTK) Expected to Post Earnings of $0.34 Per Share
www.americanbankingnews.com - February 20 at 5:32 PM |
| Shutterstock Inc (SSTK) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - February 20 at 3:00 PM |
| Shutterstock (SSTK) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - February 19 at 4:44 AM |
| BRIEF-Shutterstock Enters Into Asset Purchase Agreement
www.reuters.com - February 17 at 5:02 PM |
| Bynder Announces Strategic Acquisition of Webdam for $49.1m
finance.yahoo.com - February 16 at 8:14 AM |
 | IRS Issues Urgent Warning On New Tax Refund Scam - And It's Not What You'd Expect
www.forbes.com - February 14 at 9:28 AM |
| Shutterstock (SSTK) Downgraded by ValuEngine to "Sell"
www.americanbankingnews.com - February 4 at 12:14 PM |
| Shutterstock Celebrates Over 1 Billion Image, Video and Music Licenses Sold
finance.yahoo.com - January 31 at 3:40 PM |
| Research Report Identifies Shutterstock, Intra-Cellular Therapies, ConforMIS, Jack Henry & Associates, Instructure, and WEX with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
finance.yahoo.com - January 30 at 8:55 AM |
| Shutterstock To Report Fourth Quarter and Full Year 2017 Earnings Results on February 22, 2018
finance.yahoo.com - January 26 at 3:40 PM |
| Shutterstock Inc (SSTK) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - January 26 at 1:40 PM |
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 Sunday, April, 22, 2018
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