NYSE:SSTKShutterstock Stock Price, Forecast & News

$38.25

+0.86 (+2.30 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$36.98

Now: $38.25▼

$38.38

50-Day Range

$34.07

MA: $36.61▼

$38.40

52-Week Range

$28.76

Now: $38.25▼

$45.98

Volume242,700 shs

Average Volume237,872 shs

Market Capitalization$1.36 billion

P/E Ratio81.38

Dividend Yield1.78%

Beta1.26

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. The company provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Select, Shutterstock Custom, Shutterstock Editorial, and Shutterstock Music names, as well as Superior search, Application programming interface, Showcase, and Editor and Editor Pro tools to enhance workflow and project management needs, and search capabilities. It serves marketing professionals and organizations, media and broadcast companies, and small and medium-sized businesses through online platform. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Shutterstock has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.00, Shutterstock has a potential downside of 3.3% from its current price of $38.25.
Amount of Analyst Coverage
Shutterstock has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Shutterstock has received 272 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Shutterstock has received 413 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Shutterstock has received 60.29% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
Shutterstock is a leading dividend payer. It pays a dividend yield of 1.78%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Shutterstock does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Shutterstock is 91.89 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Shutterstock will have a dividend payout ratio of 87.18 % in the coming year. This indicates that Shutterstock may not be able to sustain their current dividend.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shutterstock insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,093,486.00 in company stock.
Percentage Held by Insiders
46.80% of the stock of Shutterstock is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
55.51% of the stock of Shutterstock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Shutterstock are expected to grow by 27.87% in the coming year, from $0.61 to $0.78 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shutterstock is 81.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shutterstock is 81.38, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.21.
Price to Earnings Growth Ratio
Shutterstock has a PEG Ratio of 2.58. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Shutterstock has a P/B Ratio of 4.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.58 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Data processing & preparation

Sub-IndustryPublishing

SectorComputer and Technology

Current SymbolNYSE:SSTK

Previous Symbol

CUSIP82569010

CIK1549346

Webwww.shutterstock.com

Phone646-710-3417

Debt

Debt-to-Equity RatioN/A

Current Ratio1.59

Quick Ratio1.59

Price-To-Earnings

Trailing P/E Ratio81.38

Forward P/E Ratio62.70

P/E Growth2.58

Sales & Book Value

Annual Sales$650.52 million

Price / Sales2.10

Cash Flow$2.20 per share

Price / Cash Flow17.40

Book Value$9.25 per share

Price / Book4.14

Profitability

EPS (Most Recent Fiscal Year)$0.74

Net Income$20.11 million

Net Margins2.61%

Return on Equity6.95%

Return on Assets3.61%

Miscellaneous

Employees1,116

Outstanding Shares35,631,000

Market Cap$1.36 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Shutterstock (NYSE:SSTK) Frequently Asked Questions

How has Shutterstock's stock been impacted by COVID-19 (Coronavirus)?

Shutterstock's stock was trading at $32.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SSTK shares have increased by 17.3% and is now trading at $38.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Shutterstock?

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

When is Shutterstock's next earnings date?

Shutterstock is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Shutterstock.

How were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) announced its quarterly earnings results on Tuesday, April, 28th. The business services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. The business services provider had revenue of $161.29 million for the quarter, compared to analysts' expectations of $166.86 million. Shutterstock had a net margin of 2.61% and a return on equity of 6.95%. The firm's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 earnings per share. View Shutterstock's earnings history.

How often does Shutterstock pay dividends? What is the dividend yield for Shutterstock?

Shutterstock declared a quarterly dividend on Wednesday, April 29th. Investors of record on Thursday, June 4th will be given a dividend of $0.17 per share on Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, June 3rd. View Shutterstock's dividend history.

What price target have analysts set for SSTK?

1 brokerages have issued 12-month price targets for Shutterstock's shares. Their forecasts range from $37.00 to $37.00. On average, they expect Shutterstock's stock price to reach $37.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. View analysts' price targets for Shutterstock.

Has Shutterstock been receiving favorable news coverage?

Media headlines about SSTK stock have trended negative on Friday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shutterstock earned a news impact score of -2.6 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutShutterstock.

Who are some of Shutterstock's key competitors?

Some companies that are related to Shutterstock include Thomson Reuters (TRI), New York Times (NYT), Morningstar (MORN), JOHN WILEY & SONS -CL A (JW.A), Scholastic (SCHL), Meredith (MDP), E. W. Scripps (SSP), Daily Journal (DJCO), Value Line (VALU) and McClatchy (MNI). View all competitors.

What other stocks do shareholders of Shutterstock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shutterstock investors own include Baidu (BIDU), Twitter (TWTR), Gilead Sciences (GILD), Alibaba Group (BABA), General Motors (GM), Netflix (NFLX), QUALCOMM (QCOM), AT&T (T), Caterpillar (CAT) and Walt Disney (DIS).

Who are Shutterstock's key executives?

Shutterstock's management team includes the following 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)

What is Shutterstock's stock symbol?

Shutterstock trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSTK."

Who are Shutterstock's major shareholders?

Shutterstock's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.76%), ArrowMark Colorado Holdings LLC (6.41%), Van Berkom & Associates Inc. (4.85%), Bernzott Capital Advisors (2.59%), Rice Hall James & Associates LLC (1.90%) and Rice Hall James & Associates LLC (1.90%). Company insiders that own Shutterstock stock include Deirdre Mary Bigley, Jonathan Oringer, Martin Brodbeck and Thomas R Evans. 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 ArrowMark Colorado Holdings LLC, Clearbridge Investments LLC, Two Sigma Investments LP, BlackRock Inc., Morgan Stanley, Morgan Stanley, Two Sigma Advisers LP, and Spark Investment Management LLC. Company insiders that have sold Shutterstock company stock in the last year include Deirdre Mary Bigley, and Jonathan Oringer. View insider buying and selling activity for Shutterstock.

Which major investors are buying Shutterstock stock?

SSTK stock was purchased by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., State Street Corp, Geode Capital Management LLC, Canada Pension Plan Investment Board, UBS Group AG, JPMorgan Chase & Co., BNP Paribas Arbitrage SA, and Chicago Equity Partners LLC. View insider buying and selling activity 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 $38.25.

How big of a company is Shutterstock?

Shutterstock has a market capitalization of $1.36 billion and generates $650.52 million in revenue each year. The business services provider earns $20.11 million in net income (profit) each year or $0.74 on an earnings per share basis. Shutterstock employs 1,116 workers across the globe.

What is Shutterstock's official website?

The official website for Shutterstock is www.shutterstock.com.

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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff