Shutterstock, Inc. Common Stock (NYSE:SSTK):
Shutterstock Editor Makes Design Effortless.
The company is down from yesterday’s close of $59.925.
Company shares last traded at $59.09 which is slightly below the 50 day moving average which is $62.34 and just above the 200 day moving average of $51.75. The 50 day moving average was down by -5.22% and the 200 day average went up by +14.18%.
Shutterstock, Inc. Common Stock currently has a P/E ratio of 88.33 and the market value is 2.07B. In the latest earnings report the EPS was $0.67 and is projected to be $1.45 for the current year with 35,016,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.41 with next year’s EPS anticipated to be $1.69.
Ratings firms have released ratings on the stock recently. On September 16 Jefferies held the stock rating at “Hold” but raised the price target from $40.00 to $62.00. February 25 investment analysts at Jefferies left the company rating at “Hold” and raised the price target to $40.00 from $39.00.
February 25 investment analysts at Deutsche Bank maintained a stock rating of “Hold” but lowered the price expectation to $41.00 from $39.00. November 6 investment analysts at Deutsche Bank kept the company rating at “Hold” and moved down the price target to $39.00 from $40.00.
Equity analyst Morgan Stanley started covering SSTK by announcing an initial rating of “Underweight” and projecting a price target of $40.00. On May 28 analysts at Topeka Capital initiated coverage on the stock giving it an initial rating of “Buy” and setting a price target of $92.00.