Shutterstock Inc (SSTK) Shares See Highest Trading Level at $49.14

As of close of business last night, Shutterstock Inc’s stock clocked out at $49.14, down -4.36% from its previous closing price of $51.38. On the day, 575583 shares were traded. SSTK stock price reached its highest trading level at $51.35 during the session, while it also had its lowest trading level at $48.46.

Ratios:

To gain a deeper understanding of SSTK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.06.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when Oringer Jonathan sold 51,944 shares for $50.99 per share. The transaction valued at 2,648,736 led to the insider holds 10,843,940 shares of the business.

Oringer Jonathan sold 22,749 shares of SSTK for $1,141,772 on Mar 06 ’24. The EXECUTIVE CHAIRMAN now owns 10,895,884 shares after completing the transaction at $50.19 per share. On Mar 05 ’24, another insider, Oringer Jonathan, who serves as the EXECUTIVE CHAIRMAN of the company, sold 37,278 shares for $50.34 each. As a result, the insider received 1,876,575 and left with 10,918,633 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SSTK now has a Market Capitalization of 1.75B and an Enterprise Value of 1.71B. As of this moment, Shutterstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.21, and their Forward P/E ratio for the next fiscal year is 12.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 1.95 whereas that against EBITDA is 8.36.

Stock Price History:

Over the past 52 weeks, SSTK has reached a high of $75.96, while it has fallen to a 52-week low of $33.80. The 50-Day Moving Average of the stock is 47.80, while the 200-Day Moving Average is calculated to be 45.21.

Shares Statistics:

It appears that SSTK traded 543.66K shares on average per day over the past three months and 577.53k shares per day over the past ten days. A total of 35.57M shares are outstanding, with a floating share count of 24.36M. Insiders hold about 31.46% of the company’s shares, while institutions hold 83.45% stake in the company. Shares short for SSTK as of Feb 29, 2024 were 4.31M with a Short Ratio of 7.92, compared to 4.07M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.12% and a Short% of Float of 21.61%.

Dividends & Splits

With its trailing 12-month dividend rate of 1.08, SSTK has a forward annual dividend rate of 1.11. Against a Trailing Annual Dividend Yield of 2.10%, it implies a Forward Annual Dividend Yield of 2.44%.

Earnings Estimates

As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.99 for the current quarter, with a high estimate of $1.12 and a low estimate of $0.9, while EPS last year was $1.29. The consensus estimate for the next quarter is $1.01, with high estimates of $1.09 and low estimates of $0.95.

Analysts are recommending an EPS of between $4.25 and $4.2 for the fiscal current year, implying an average EPS of $4.22. EPS for the following year is $4.82, with 3 analysts recommending between $5.09 and $4.67.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $208.52M. It ranges from a high estimate of $216M to a low estimate of $203.4M. As of the current estimate, Shutterstock Inc’s year-ago sales were $215.28M, an estimated decrease of -3.10% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $213.21M, an increase of 2.10% over than the figure of -$3.10% in the same quarter last year. There is a high estimate of $220.95M for the next quarter, whereas the lowest estimate is $209M.

A total of 6 analysts have provided revenue estimates for SSTK’s current fiscal year. The highest revenue estimate was $890.36M, while the lowest revenue estimate was $863.9M, resulting in an average revenue estimate of $875.7M. In the same quarter a year ago, actual revenue was $874.59M, up 0.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $944.51M in the next fiscal year. The high estimate is $972.07M and the low estimate is $917.7M. The average revenue growth estimate for next year is up 7.90% from the average revenue estimate for this year.

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