Ultime notizie per Shutterstock (NYSE:SSTK) Azioni

Shutterstock

Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market.

ShutterStock

Shutterstock Inc

Truist Securities analyst Youssef Squali maintains Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) with a Buy and lowers the price target from $65 to $56.

News

Price Target

Analyst Ratings

SSTK

Truist Securities Maintains Buy on Shutterstock, Lowers Price Target to $56

Needham analyst Bernie McTernan reiterates Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) with a Buy and maintains $55 price target.

Reiteration

Needham Reiterates Buy on Shutterstock, Maintains $55 Price Target

U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Tuesday.
Shares of Corning Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>) rose sharply during Tuesday's session after reporting better-than-expected third-quarter financial results and issued better-than-expected <a href="https://www.benzinga.com/quote/GLW/earnings">fourth-quarter outlook</a>.
Corning reported quarterly earnings of 54 cents per share which beat the analyst consensus estimate of 52 cents per share. The company reported quarterly sales of $3.73 billion which beat the analyst consensus estimate of $3.72 billion.
Corning shares jumped 7% to $50.12 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>GeneDx Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) shares jumped 39% to $77.96 after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) shares gained 25.3% to $21.35 after the company reported better-than-expected second-quarter financial results.</li>
<li>Canaan Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>) gained 18% to $1.25.</li>
<li>Lithium Americas Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) climbed 15.7% to $4.79. Lithium Americas closed $2.26 billion U.S. DOE ATVM loan.</li>
<li>Opera Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRA#NASDAQ">OPRA</a>) gained 15.5% to $19.48 after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance..</li>
<li>Inari Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NARI#NASDAQ">NARI</a>) gained 15.1% to $49.00 after the company reported better-than-expected third-quarter sales results and raised its FY24 revenue guidance above estimates. Also, Piper Sandler maintained a Neutral rating on the stock and raised its price target from $50 to $5.</li>
<li>Shutterstock, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) gained 11.7% to $32.98 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates. Also, the company announced it will integrate its GIPHY API into TikTok&#8217;s messaging platform.</li>
<li>IPG Photonics Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPGP#NASDAQ">IPGP</a>) gained 9.3% to $86.61 following upbeat quarterly earnings.</li>
<li>Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) gained 8.7% to $48.74 following third-quarter results.</li>
<li>Incyte Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) rose 8.4% to $71.21 after the company reported better-than-expected third-quarter revenue results and raised its FY24 net product revenue guidance.</li>
<li>Hayward Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAYW#NYSE">HAYW</a>) gained 8.3% to $16.03 after the company reported better-than-expected third-quarter financial results and raised the lower end of its FY24 net sales guidance range.</li>
<li>CBIZ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBZ#NYSE">CBZ</a>) rose 7.5% to $71.88 following upbeat quarterly earnings.</li>
<li>Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) rose 7% to $43.42.</li>
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Corning Posts Upbeat Q3 Earnings, Joins Opera, Inari Medical, Incyte And Other Big Stocks Moving Higher On Tuesday

4 analysts have shared their evaluations of Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $56.25, a high estimate of $65.00, and a low estimate of $50.00. Highlighting a 7.41% decrease, the current average has fallen from the previous average price target of $60.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1730210457_0_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of Shutterstock by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$55.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$50.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$55.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Shutterstock. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Shutterstock compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Shutterstock's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Shutterstock's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SSTK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Shutterstock analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Shutterstock</h2>
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market.
<h3>A Deep Dive into Shutterstock's Financials</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Shutterstock showcased positive performance, achieving a revenue growth rate of 5.37% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Shutterstock's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.65%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Shutterstock's ROE excels beyond industry benchmarks, reaching 0.68%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Shutterstock's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.36%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.11.
<h2>Analyst Ratings: What Are They?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Shutterstock: Insights From 4 Analyst Reviews

WIIM

Shutterstock shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 guidance above estimates. Also, the company announced it will integrate its GIPHY API into TikTok's messaging platform.

Social Media

General

Shutterstock's GIPHY To Integrate Its API Into TikTok's Messaging Platform

Guidance

Shutterstock Sees FY24 Revenue $935M-$940M Vs $930.7M Est.

Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.13 by 15.93 percent. The company reported quarterly sales of $250.600 million which beat the analyst consensus estimate of $240.803 million by 4.07 percent. This is a 7.44 percent increase over sales of $233.248 million the same period last year.

Earnings

Earnings Beats

Shutterstock Q3 2024 Adj. EPS $1.31 Beats $1.13 Estimate, Sales $250.600M Beat $240.803M Estimate

Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Shutterstock to report an earnings per share (EPS) of $1.13.
Shutterstock bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings History Snapshot</h3>
During the last quarter, the company reported an EPS missed by $0.00, leading to a 0.44% drop in the share price on the subsequent day.
Here's a look at Shutterstock's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1</td>
<td>0.99</td>
<td>0.67</td>
<td>0.81</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1</td>
<td>1.13</td>
<td>0.72</td>
<td>1.26</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-6.0%</td>
<td>2.0%</td>
<td>-8.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730145716_0_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Shutterstock were trading at $29.28 as of October 25. Over the last 52-week period, shares are down 27.73%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/SSTK/earnings">To track all earnings releases for Shutterstock visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Shutterstock's Earnings

Morgan Stanley analyst Brian Nowak maintains Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) with a Equal-Weight and lowers the price target from $58 to $50.

Morgan Stanley Maintains Equal-Weight on Shutterstock, Lowers Price Target to $50

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the<a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Magnite Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>)</h3>
<ul>
<li>On Oct. 2, Needham analyst Laura Martin reiterated Magnite with a Buy and maintained a $15 price target. The company's stock fell around 8% over the past month and has a <a href="https://www.benzinga.com/quote/MGNI">52-week low of $6.28</a>.</li>
<li>RSI Value: 29.99</li>
<li>MGNI Price Action: Shares of Magnite fell 10.8% to close at $12.36 on Tuesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to l<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100224&amp;t=be2bearmibe3na1">atest MGNI news</a>. </li>
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<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="906" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02080326/image-3.png" alt="" class="wp-image-576316" style="width:652px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02080326/image-3.png 906w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02080326/image-3-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02080326/image-3-768x714.png 768w" sizes="(max-width: 906px) 100vw, 906px" /></a></figure>
<h3 class="wp-block-heading">Shutterstock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>)&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>In an exchange filing on Aug. 22, the company notified John Caine that his employment as its Chief Product and Digital Officer will end, effective Aug. 23, 2024. Caine joined the company as Global Head of E-Commerce on January 30, 2023. The company's stock fell around 6% over the past five days. It <a href="https://www.benzinga.com/quote/ALCE">has a 52-week low</a> of $32.38.</li>
<li>RSI Value: 28.00</li>
<li>SSTK Price Action: Shares of Shutterstock fell 7.2% to close at $32.81 on Tuesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100224&amp;t=be2bearmibe3na1">trend in SSTK stoc</a>k.</li>
</ul>
<h3 class="wp-block-heading">Eventbrite Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EB#NYSE">EB</a>)</h3>
<ul>
<li>Eventbrite, on Aug. 21, announced that it engaged in repurchase transactions for of its 5.00% Convertible Senior Notes. The company's shares fell around 14% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/EB">low of $2.51</a>.</li>
<li>RSI Value: 26.12</li>
<li>EB Price Action: Shares of Eventbrite fell 3.3% to close at $2.64 on Tuesday.</li>
<li>Benzinga Pro&#8217;s insiders feature was used to tracking insider t<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100224&amp;t=be2bearmibe3na1">rading in EB shares</a>. </li>
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Shutterstock, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading lower on Thursday.</a>
In an exchange <a href="https://investor.shutterstock.com/static-files/5a6c74ef-20c3-48be-8e7f-2df5b8cdf09a" target="_blank" rel="noreferrer noopener">filing</a>, the company notified John Caine that his employment as its Chief Product and Digital Officer will end, effective August 23, 2024. Caine <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1549346/000154934623000003/sstk-20230112.htm" target="_blank" rel="noreferrer noopener">joined </a>the company as Global Head of E-Commerce on January 30, 2023.
&#8220;Effective August 26, 2024, Jonathan Oringer, in his role as Executive Chairman, will support the Company&#8217;s digital marketplace on an interim basis,&#8221; the filing read.
Shutterstock also reaffirmed its 2024 guidance, <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">as disclosed earlier this month.</a>
The company has maintained its guidance to include revenue expectations of $927 million to $936 million (estimate: $923.03 million), reflecting a 6% to 7% year-over-year growth, adjusted EPS ranging from $4.18 to $4.32 (estimate: $4.40), and<a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/n40183317/shutterstock-reports-second-quarter-2024-financial-results" rel="noreferrer noopener"> adjusted EBITDA of $245 million to $248 million.</a>
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Earlier this month, the company reported second quarter results with revenues of $220.1 million&nbsp;compared to&nbsp;$208.8 million prior year and Adjusted EPS of &nbsp;$1.00&nbsp;compared to&nbsp;$1.07 the previous year.
Shutterstock held&nbsp;cash and equivalents of&nbsp;$74.9&nbsp;million as of June-end. Last month, the firm declared a 30 cents per share dividend on outstanding common stock, payable on September 12 to shareholders of record as of the close of business on August 29.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, SSTK stock has lost over 22% in the past year. Investors can gain exposure to the stock via&nbsp;Small Cap US Equity Select ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNSC#NASDAQ">RNSC</a>).
Price Action: SSTK shares are trading lower by 4.38% to $32.97 at last check Thursday.
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What's Going On With Shutterstock Stock Today?

On August 19, 2024, Shutterstock notified John Caine that his employment as Chief Product and Digital Officer of the Company will end, effective August 23, 2024.&nbsp;
Effective August 26, 2024, Jonathan Oringer, in his role as Executive Chairman, will support the Company&rsquo;s digital marketplace on an interim basis.

Shutterstock Reaffirms Its 2024 Guidance; John Caine's Employment As Chief Product And Digital Officer Will End, Effective August 23, 2024 - Filing

Needham analyst Bernie McTernan maintains Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) with a Buy and lowers the price target from $65 to $55.

Needham Maintains Buy on Shutterstock, Lowers Price Target to $55

Needham analyst Bernie McTernan reiterates Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) with a Buy and maintains $65 price target.

Needham Reiterates Buy on Shutterstock, Maintains $65 Price Target

Shutterstock Revised FY24 Revenue Outlook To $927M-$936M (From $923M-$936M) Vs $923.03M Est, Maintained Adj EPS At $4.18-$4.32 Vs $4.40 Est.

Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) reported quarterly earnings of $1.00 per share which met the analyst consensus estimate. The company reported quarterly sales of $220.053 million which beat the analyst consensus estimate of $213.480 million by 3.08 percent. This is a 5.37 percent increase over sales of $208.840 million the same period last year.

Shutterstock Q2 2024 Adj. EPS $1.00, Inline, Sales $220.053M Beat $213.480M Estimate

5 analysts have shared their evaluations of Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Shutterstock and provided 12-month price targets. The average target is $62.6, accompanied by a high estimate of $65.00 and a low estimate of $58.00. Observing a 0.97% increase, the current average has risen from the previous average price target of $62.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1721757634_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Shutterstock is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$58.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$65.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$65.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$60.00</td>
<td>$60.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Shutterstock. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Shutterstock compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Shutterstock's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Shutterstock's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SSTK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Shutterstock analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering Shutterstock: A Closer Look</h2>
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market.
<h3>Shutterstock: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Shutterstock's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -0.45% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: Shutterstock's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.52% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Shutterstock's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.02% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Shutterstock's ROA excels beyond industry benchmarks, reaching 1.56%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.11, Shutterstock adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: What Are They?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Unveiling 5 Analyst Insights On Shutterstock

Morgan Stanley analyst Brian Nowak maintains Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) with a Equal-Weight and raises the price target from $55 to $58.

Morgan Stanley Maintains Equal-Weight on Shutterstock, Raises Price Target to $58

Shutterstock, Inc. (SSTK) Q3 2024 Earnings Call Transcript

Shutterstock (SSTK) is up 14.5%, or $4.29 to $33.82. Published first on TheFly – the ultimate source for real-time, market-moving breaking financia...

Shutterstock rises 14.5%

In a report released today, Andrew Boone from JMP Securities maintained a Hold rating on Shutterstock (SSTK – Research Report). The company's share...

Shutterstock (SSTK) Receives a Hold from JMP Securities

Shutterstock ( ($SSTK) ) has realeased its Q3 earnings. Here is a breakdown of the information Shutterstock presented to its investors. Shutterstoc...

Shutterstock Achieves Record Revenue and Raises Guidance

Truist Financial analyst Youssef Squali maintained a Buy rating on Shutterstock (SSTK – Research Report) today and set a price target of $56.00. Th...

Truist Financial Sticks to Their Buy Rating for Shutterstock (SSTK)

Truist analyst Youssef Squali lowered the firm's price target on Shutterstock (SSTK) to $56 from $65 and keeps a Buy rating on the shares. The comp...

Shutterstock price target lowered to $56 from $65 at Truist

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Shutterstock: AI Concerns Outweigh The Potential

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