Media headlines about Shutterstock (NYSE:SSTK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shutterstock earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.4240261121782 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Shutterstock (NYSE:SSTK) opened at $43.60 on Wednesday. The firm has a market capitalization of $1,530.00, a price-to-earnings ratio of 63.19 and a beta of 1.50. Shutterstock has a twelve month low of $29.85 and a twelve month high of $55.07.
Shutterstock (NYSE:SSTK) last posted its earnings results on Tuesday, October 31st. The business services provider reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.01. The company had revenue of $141.10 million for the quarter, compared to analyst estimates of $133.24 million. Shutterstock had a return on equity of 9.71% and a net margin of 4.58%. Shutterstock’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share. research analysts anticipate that Shutterstock will post 0.69 earnings per share for the current fiscal year.
In other Shutterstock news, insider Jeffrey Kane Weiser sold 4,449 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $38.00, for a total value of $169,062.00. Following the sale, the insider now owns 30,500 shares of the company’s stock, valued at $1,159,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 47.30% of the stock is currently owned by corporate insiders.
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Shutterstock Company Profile
Shutterstock, Inc (Shutterstock) is a global technology company that operates a two-sided marketplace for professionals to license content. The Company’s library of content includes digital imagery, which consists of licensed photographs, vectors, illustrations and video clips that customers use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications and video content, and commercial music, which consists of music tracks and sound effects and which is often used to complement digital imagery.
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