Shutterstock (NYSE:SSTK) will release its earnings data before the market opens on Tuesday, November 5th. Analysts expect Shutterstock to post earnings of $0.06 per share for the quarter. Shutterstock has set its FY 2019 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Shutterstock (NYSE:SSTK) last posted its quarterly earnings data on Tuesday, August 6th. The business services provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. Shutterstock had a net margin of 5.19% and a return on equity of 13.64%. The firm had revenue of $161.74 million during the quarter, compared to analysts’ expectations of $171.93 million. During the same quarter last year, the company posted $0.30 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. On average, analysts expect Shutterstock to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NYSE:SSTK opened at $38.08 on Tuesday. Shutterstock has a one year low of $31.77 and a one year high of $50.09. The company has a 50 day moving average of $35.91 and a 200-day moving average of $38.23. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 36.27 and a beta of 1.20.
Several brokerages have recently commented on SSTK. SunTrust Banks reiterated a “hold” rating and set a $44.00 price target on shares of Shutterstock in a research report on Monday, August 5th. ValuEngine upgraded shares of Shutterstock from a “sell” rating to a “hold” rating in a research report on Monday, August 12th. Finally, Zacks Investment Research upgraded shares of Shutterstock from a “sell” rating to a “hold” rating in a research report on Wednesday, October 9th.
Shutterstock Company Profile
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.
Featured Article: How is net asset value different from market price?
Receive News & Ratings for Shutterstock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shutterstock and related companies with MarketBeat.com's FREE daily email newsletter.