News articles about Shutterfly (NASDAQ:SFLY) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shutterfly earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.6069156869458 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Shutterfly, Inc. (SFLY) Set to Announce Earnings on Tuesday (americanbankingnews.com)
- Zacks: Analysts Anticipate Shutterfly, Inc. (SFLY) Will Post Earnings of -$0.77 Per Share (americanbankingnews.com)
- Shutterfly, Inc. (SFLY) Earns “Neutral” Rating from Goldman Sachs Group, Inc. (The) (americanbankingnews.com)
- Shutterfly, Inc. (SFLY) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Shutterfly to Announce Third Quarter 2017 Financial Results and Conduct Conference Call and Webcast on Tuesday, October 24, 2017 at 2:00 PM PT (finance.yahoo.com)
A number of brokerages have issued reports on SFLY. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $47.00 price target on shares of Shutterfly in a report on Wednesday, October 11th. Zacks Investment Research downgraded shares of Shutterfly from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. ValuEngine upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. SunTrust Banks, Inc. began coverage on shares of Shutterfly in a report on Tuesday, August 15th. They issued a “buy” rating and a $56.00 price target on the stock. Finally, BidaskClub downgraded shares of Shutterfly from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. Shutterfly has an average rating of “Hold” and an average target price of $53.45.
Shares of Shutterfly (NASDAQ SFLY) traded up 0.56% during trading on Tuesday, hitting $48.78. 407,541 shares of the company’s stock were exchanged. The company has a market cap of $1.63 billion, a P/E ratio of 297.44 and a beta of 0.90. The company has a 50-day moving average of $47.63 and a 200-day moving average of $48.44. Shutterfly has a 12-month low of $41.91 and a 12-month high of $53.99.
Shutterfly (NASDAQ:SFLY) last issued its earnings results on Tuesday, July 25th. The technology company reported ($0.68) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.55) by ($0.13). The business had revenue of $209.03 million during the quarter, compared to analyst estimates of $209.46 million. Shutterfly had a net margin of 0.50% and a return on equity of 3.61%. Shutterfly’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.48) earnings per share. On average, equities analysts expect that Shutterfly will post $0.41 earnings per share for the current fiscal year.
In other news, insider Lisa Blackwood-Kapral sold 1,250 shares of the stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $46.56, for a total value of $58,200.00. Following the completion of the sale, the insider now directly owns 1,250 shares in the company, valued at $58,200. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Jason Sebring sold 644 shares of the stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $48.30, for a total transaction of $31,105.20. The disclosure for this sale can be found here. 5.70% of the stock is owned by corporate insiders.
Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.
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