NYSE:SSTK - Shutterstock Stock Price, News, & Analysis

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$38.96 -0.03 (-0.08 %)
(As of 05/23/2019 01:31 AM ET)
Previous Close$38.99
Today's Range$38.8450 - $39.34
52-Week Range$31.77 - $55.76
Volume127,348 shs
Average Volume215,992 shs
Market Capitalization$1.37 billion
P/E Ratio37.10
Dividend YieldN/A
Beta1.21
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.

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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryPublishing
SectorComputer and Technology
CUSIP82569010
Phone646-710-3417

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$623.25 million
Cash Flow$2.3053 per share
Book Value$8.38 per share

Profitability

Net Income$54.69 million

Miscellaneous

Employees1,029
Market Cap$1.37 billion
Next Earnings Date8/7/2019 (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 often does Shutterstock pay dividends? What is the dividend yield for Shutterstock?

Shutterstock declared a dividend on Wednesday, August 1st. Investors of record on Wednesday, August 15th will be paid a dividend of $3.00 per share on Wednesday, August 29th. The ex-dividend date of this dividend is Tuesday, August 14th. View Shutterstock's Dividend History.

How were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) announced its quarterly earnings results on Thursday, April, 25th. The business services provider reported $0.25 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.04. The business services provider earned $163.33 million during the quarter, compared to analyst estimates of $166.80 million. Shutterstock had a return on equity of 12.99% and a net margin of 4.68%. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 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 7th 2019. View Earnings Estimates for Shutterstock.

What guidance has Shutterstock issued on next quarter's earnings?

Shutterstock updated its FY 2019 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $685-695 million, compared to the consensus revenue estimate of $687.98.

What price target have analysts set for SSTK?

3 brokerages have issued 12-month target prices for Shutterstock's shares. Their forecasts range from $35.00 to $44.00. On average, they expect Shutterstock's share price to reach $41.00 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for Shutterstock.

What is the consensus analysts' recommendation for Shutterstock?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 1 sell rating and 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. " (5/1/2019)
  • 2. SunTrust Banks, Inc. analysts commented, "We maintain a Hold on the back of mixed 1Q19 results, reflecting continued weakness in Enterprise, but an acceleration in ecom and solid cost mgt. We view the continued acceleration in ecom as a positive, as we favor this segment line over Enterprise given its self-serve/more scalable nature. On the flip side, it seems that Enterprise is working through a transition still, made more difficult by competitive pressures. Our confidence in mgt’s ability to achieve its FY19 guidance, which calls for growth re-acceleration, is low given weakness in Enterprise, exposure to Europe, and competition." (4/25/2019)

Has Shutterstock been receiving favorable news coverage?

Media coverage about SSTK stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shutterstock earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Shutterstock's key 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 Twitter (TWTR), Netflix (NFLX), Baidu (BIDU), Celgene (CELG), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), CVS Health (CVS), Walt Disney (DIS) and AT&T (T).

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 a number of of institutional and retail investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (9.31%), BlackRock Inc. (7.73%), Van Berkom & Associates Inc. (3.93%), Bernzott Capital Advisors (2.54%), Renaissance Technologies LLC (2.42%) and Dimensional Fund Advisors LP (2.23%). Company insiders that own Shutterstock stock include 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 Morgan Stanley, Kennedy Capital Management Inc., Van Berkom & Associates Inc., First Trust Advisors LP, Hussman Strategic Advisors Inc., Federated Investors Inc. PA, SEI Investments Co and Strs Ohio. Company insiders that have sold Shutterstock company stock in the last year include Martin Brodbeck and Thomas R Evans. 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 Goldman Sachs Group Inc., Renaissance Technologies LLC, ArrowMark Colorado Holdings LLC, Dimensional Fund Advisors LP, Rice Hall James & Associates LLC, Bank of Montreal Can, Geode Capital Management LLC and Man Group plc. 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 $38.96.

How big of a company is Shutterstock?

Shutterstock has a market capitalization of $1.37 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.

What is Shutterstock's official website?

The official website for Shutterstock is http://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]


MarketBeat Community Rating for Shutterstock (NYSE SSTK)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  615
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 5/23/2019 by MarketBeat.com Staff

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