In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $29.57 in the prior trading day, Shutterstock Inc (NYSE: SSTK) closed at $31.44, up 6.32%. In other words, the price has increased by $6.32 from its previous closing price. On the day, 0.55 million shares were traded. SSTK stock price reached its highest trading level at $31.535 during the session, while it also had its lowest trading level at $29.7559.
Ratios:
Our goal is to gain a better understanding of SSTK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 133.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.42. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.28.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 19 ’24 when Bigley Deirdre Mary bought 5,304 shares for $35.98 per share.
Hennessy Paul J. bought 12,500 shares of SSTK for $479,700 on May 23 ’24. The CHIEF EXECUTIVE OFFICER now owns 87,803 shares after completing the transaction at $38.38 per share. On May 24 ’24, another insider, Yahes Jarrod, who serves as the CHIEF FINANCIAL OFFICER of the company, bought 5,350 shares for $37.35 each. As a result, the insider paid 199,822 and bolstered with 43,904 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 1095042688 and an Enterprise Value of 1268597632. As of this moment, Shutterstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.94, and their Forward P/E ratio for the next fiscal year is 12.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 29.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 1.406 whereas that against EBITDA is 8.78.
Stock Price History:
The Beta on a monthly basis for SSTK is 1.09, which has changed by -0.3913133 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, SSTK has reached a high of $54.40, while it has fallen to a 52-week low of $27.30. The 50-Day Moving Average of the stock is 0.00%, while the 200-Day Moving Average is calculated to be -12.76%.
Shares Statistics:
The stock has traded on average 615.65K shares per day over the past 3-months and 1436490 shares per day over the last 10 days, according to various share statistics. A total of 34.85M shares are outstanding, with a floating share count of 23.58M. Insiders hold about 32.29% of the company’s shares, while institutions hold 78.03% stake in the company. Shares short for SSTK as of 1735603200 were 3264269 with a Short Ratio of 5.30, compared to 1732838400 on 3166985. Therefore, it implies a Short% of Shares Outstanding of 3264269 and a Short% of Float of 16.84.
Dividends & Splits
In the trailing 12 months, SSTK’s forward annual dividend rate was 1.17, compared to 1.20 this year. Against a Trailing Annual Dividend Yield of 0.039567128
