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

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$45.51 -1.09 (-2.34 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$45.51
Today's Range$44.91 - $46.68
52-Week Range$31.77 - $55.76
Volume175,741 shs
Average Volume343,492 shs
Market Capitalization$1.60 billion
P/E Ratio43.34
Dividend YieldN/A
Beta1.3
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.

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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$2.3102 per share
Book Value$8.18 per share

Profitability

Net Income$54.69 million

Miscellaneous

Employees1,029
Market Cap$1.60 billion
Next Earnings Date4/25/2019 (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 announced a dividend on Wednesday, August 1st. Investors of record on Wednesday, August 15th will be given 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 will Shutterstock's stock buyback program work?

Shutterstock announced that its Board of Directors has authorized a share buyback program on Wednesday, April 12th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

How were Shutterstock's earnings last quarter?

Shutterstock Inc (NYSE:SSTK) released its quarterly earnings data on Tuesday, February, 26th. The business services provider reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.11. The business services provider earned $162.10 million during the quarter, compared to the consensus estimate of $165.46 million. Shutterstock had a net margin of 8.77% and a return on equity of 11.55%. The business's revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 EPS. View Shutterstock's Earnings History.

When is Shutterstock's next earnings date?

Shutterstock is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Shutterstock.

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

Shutterstock updated its FY 2019 earnings guidance on Tuesday, February, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $685-695 million, compared to the consensus revenue estimate of $691.46 million.

What price target have analysts set for SSTK?

3 equities research analysts have issued 12-month target prices for Shutterstock's stock. Their forecasts range from $35.00 to $48.00. On average, they anticipate Shutterstock's share price to reach $42.3333 in the next year. This suggests that the stock has a possible downside of 7.0%. 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. " (3/22/2019)
  • 2. SunTrust Banks, Inc. analysts commented, "We expect SSTK to report in line 3Q18 results on 10/30, as it continues to make progress in expanding its product offering, improving its backend capabilities and positioning itself as a single-stop platform for creative content. We believe the strategic shift from a stock image marketplace to a platform to design/ distribute digital content is finally starting to bear fruit. That said, intra-quarter data points suggest that the competitive intensity may be beginning to pick up, at a time when comps in the back half get tougher. We maintain a Hold as we find the stock currently fairly valued." (10/29/2018)

Has Shutterstock been receiving favorable news coverage?

News stories about SSTK stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shutterstock earned a news impact score of -1.9 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the near term.

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), Tesla (TSLA), Micron Technology (MU), Baidu (BIDU), Netflix (NFLX), Celgene (CELG), QUALCOMM (QCOM), Alibaba Group (BABA), Monster Beverage (MNST) and Intel (INTC).

Who are Shutterstock's key executives?

Shutterstock's management team includes the folowing people:
  • Mr. Jonathan Oringer, Founder, Chairman & CEO (Age 45)
  • Mr. Steven Berns, COO & CFO (Age 54)
  • Mr. Steven Ciardiello, Chief Accounting Officer (Age 48)
  • Mr. Martin H. Brodbeck, Chief Technology Officer (Age 46)
  • Ms. Lisa Nadler, Chief HR Officer (Age 56)

Who are Shutterstock's major shareholders?

Shutterstock's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.78%), Bernzott Capital Advisors (2.53%), Dimensional Fund Advisors LP (2.05%), Dimensional Fund Advisors LP (2.05%), D. E. Shaw & Co. Inc. (1.54%) and Norges Bank (1.24%). Company insiders that own Shutterstock stock include Jeffrey Kane Weiser, 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 Two Sigma Investments LP, Two Sigma Advisers LP, CWM LLC, New York State Common Retirement Fund, Acadian Asset Management LLC, Prudential Financial Inc., Algert Global LLC and Gotham Asset Management LLC. 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 major investors are buying Shutterstock stock?

SSTK stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Bernzott Capital Advisors, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc., Millennium Management LLC, First Trust Advisors LP and BlackRock 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 $45.51.

How big of a company is Shutterstock?

Shutterstock has a market capitalization of $1.60 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:  2.1 out of 5 (star star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  607
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 3/23/2019 by MarketBeat.com Staff

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