Getty Images’ (GETY) Neutral Rating Reiterated at Citigroup

Citigroup restated their neutral rating on shares of Getty Images (NYSE:GETY) in a report published on Monday morning, Marketbeat reports. Citigroup currently has a $2.45 target price on the stock.

Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. Wedbush reissued an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a report on Thursday, March 13th. Macquarie reaffirmed a “neutral” rating and issued a $3.75 target price on shares of Getty Images in a report on Wednesday, January 8th. Finally, Benchmark reduced their price target on shares of Getty Images from $6.00 to $4.50 and set a “buy” rating for the company in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $4.60.

Getty Images Stock Down 4.1 %

Shares of Getty Images stock opened at $1.98 on Monday. Getty Images has a one year low of $1.90 and a one year high of $4.49. The company has a market cap of $814.82 million, a P/E ratio of 16.46 and a beta of 1.97. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a fifty day moving average of $2.39 and a two-hundred day moving average of $2.93.

Getty Images (NYSE:GETY) last announced its quarterly earnings data on Monday, March 17th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.05). Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The firm had revenue of $247.30 million during the quarter, compared to analyst estimates of $245.50 million. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, analysts forecast that Getty Images will post 0.08 earnings per share for the current year.

Hedge Funds Weigh In On Getty Images

Institutional investors and hedge funds have recently modified their holdings of the company. Intech Investment Management LLC acquired a new position in Getty Images in the 3rd quarter valued at $44,000. BNP Paribas Financial Markets purchased a new stake in Getty Images in the 4th quarter valued at about $27,000. Aristeia Capital L.L.C. acquired a new stake in shares of Getty Images in the fourth quarter worth approximately $28,000. Ameriprise Financial Inc. purchased a new stake in Getty Images in the fourth quarter valued at approximately $28,000. Finally, Virtu Financial LLC acquired a new position in Getty Images during the fourth quarter worth approximately $33,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

About Getty Images

Getty Images Holdings, Inc offers creative and editorial visual content solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its products include Getty Images that offers creative and editorial content including stills, music and video which focuses on corporate, agency, and media customers; iStock.com, an e-commerce offering where customers have access to creative stills and video; Unsplash.com, a platform offering free stock photo downloads and paid subscriptions targeted to the high-growth prosumer and semi-professional creator segments; and Unsplash+ that provides access to unique model released content with expanded legal protections.