NYSE:SSTK - Shutterstock Stock Price, News & Analysis

$35.11
+0.20 (+0.57 %)
(As of 08/20/2019 09:43 AM ET)
Today's Range
$34.91
Now: $35.11
$35.11
50-Day Range
$34.16
MA: $37.62
$40.06
52-Week Range
$31.77
Now: $35.11
$55.76
Volume327 shs
Average Volume250,986 shs
Market Capitalization$1.24 billion
P/E Ratio33.44
Dividend YieldN/A
Beta1.11
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. Read More…

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$2.3966 per share
Book Value$8.18 per share

Profitability

Net Income$54.69 million

Miscellaneous

Employees1,029
Market Cap$1.24 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) issued its earnings results on Tuesday, August, 6th. The business services provider reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.02. The business services provider earned $161.74 million during the quarter, compared to the consensus estimate of $171.93 million. Shutterstock had a net margin of 5.19% and a return on equity of 13.64%. The company's revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 earnings per share. View Shutterstock's Earnings History.

When is Shutterstock's next earnings date?

Shutterstock is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Shutterstock.

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

Shutterstock issued an update on its FY 2019 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $645-670 million, compared to the consensus revenue estimate of $687.32 million.

What price target have analysts set for SSTK?

2 equities research analysts have issued 1 year price targets for Shutterstock's stock. Their predictions range from $35.00 to $44.00. On average, they expect Shutterstock's share price to reach $39.50 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Shutterstock.

What is the consensus analysts' recommendation for Shutterstock?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 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. " (8/13/2019)
  • 2. SunTrust Banks, Inc. analysts commented, "We maintain a Hold rating heading into SSTK’s 2Q19 results (8/6 BMO), which we expect will be inline to slightly below consensus. Enterprise should continue to show strain, with competitive pressures likely playing a factor, though Ecommerce should sustain positive momentum, driven by iterative site changes improving conversions. That said, recent changes to mgt, weakness in Enterprise, exposure to Europe, and competition are likely to keep growth in check, making hitting FY19 guidance, which calls for re-accelerating revenue growth (+12.5% FXN at midpoint), more challenging in our view. Expecting in line results; FX a modest headwind. We expect $169.4M (+8.2% Y/Y reported, ~10% Y/Y FXN) in revenues and $29.0M in EBITDA (17.1% margin) vs. consensus of $171.6M/$27.9M." (8/5/2019)

Has Shutterstock been receiving favorable news coverage?

Press coverage about SSTK stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shutterstock earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Shutterstock.

Are investors shorting Shutterstock?

Shutterstock saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,648,100 shares, an increase of 5.5% from the June 30th total of 3,459,000 shares. Based on an average daily trading volume, of 186,800 shares, the days-to-cover ratio is presently 19.5 days. Currently, 19.6% of the company's shares are sold short. View Shutterstock's Current Options Chain.

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), AT&T (T), Baidu (BIDU), Celgene (CELG), Micron Technology (MU), Walt Disney (DIS), QUALCOMM (QCOM), Alibaba Group (BABA) and CVS Health (CVS).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (7.90%), Vanguard Group Inc. (5.92%), Bernzott Capital Advisors (2.55%), Renaissance Technologies LLC (2.36%), Rice Hall James & Associates LLC (2.08%) and D. E. Shaw & Co. Inc. (1.52%). Company insiders that own Shutterstock stock include Deirdre Mary Bigley, 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 D. E. Shaw & Co. Inc., Man Group plc, Rice Hall James & Associates LLC, Renaissance Technologies LLC, Invesco Ltd., Measured Wealth Private Client Group LLC, Trexquant Investment LP and WCM Investment Management LLC. Company insiders that have sold Shutterstock company stock in the last year include Deirdre Mary Bigley, Martin Brodbeck and Thomas R Evans. View Insider Buying and Selling for Shutterstock.

Which institutional investors are buying Shutterstock stock?

SSTK stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Landscape Capital Management L.L.C., Marshall Wace LLP, Nuveen Asset Management LLC, Atria Investments LLC, BlackRock Inc., Vanguard Group Inc. and Aurora Investment Counsel. 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 $35.11.

How big of a company is Shutterstock?

Shutterstock has a market capitalization of $1.24 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.View Additional Information About Shutterstock.

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:  257 (Vote Outperform)
Underperform Votes:  371 (Vote Underperform)
Total Votes:  628
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 8/20/2019 by MarketBeat.com Staff

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