Digging Through Shutterstock, Inc. (SSTK) Fundamentals

On Monday, shares of Shutterstock, Inc. (NYSE:SSTK) marked $38.12 per share versus a previous $37.49 closing price. With having a 1.68% gain, an insight into the fundamental values of Shutterstock, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. SSTK showed a fall of -11.10% within its YTD performance, with highs and lows between $28.76 – $45.98 during the period of 52 weeks, compared to the simple moving average of -1.29% in the period of the last 200 days.

Jefferies equity researchers changed the status of Shutterstock, Inc. (NYSE: SSTK) shares from “Hold” to a “Underperform” rating in the report published on August 25th, 2017. Other analysts, including SunTrust, also published their reports on SSTK shares. SunTrust repeated the rating from the previous report, marking SSTK under “Hold” rating, in the report published on August 16th, 2017. Additionally, SSTK shares got another “Mkt Perform” rating from Raymond James. On August 9th, 2016, Deutsche Bank Reiterated an Hold rating and increased its price target from $42 to $56. On the other hand, RBC Capital Mkts Reiterated the “Sector Perform” rating for SSTK shares, as published in the report on February 25th, 2016. RBC Capital Mkts seems to be going bullish on the price of SSTK shares, based on the price prediction for SSTK, indicating that the shares will jump from $86 to $38, giving the shares “Sector Perform” rating based on their report from August 7th, 2015. Another “Hold” rating came from Jefferies.

Shutterstock, Inc. (SSTK) Analysis

The present dividend yield for SSTK owners is set at 0.02, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Shutterstock, Inc., the company needs to provide a healthy cash flow, currently at the value of 23.94. In addition, the growth of sales from quarter to quarter is recording -1.20%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Shutterstock, Inc. (SSTK) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 5.30% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while SSTK is currently recording an average of 221.58K in volumes. The volatility of the stock on monthly basis is set at 2.73%, while the weekly volatility levels are marked at 2.05%with 2.67% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $33.00, indicating growth from the present price of $38.12, which can represent yet another valuable research and analysis points that can help you decide whether to invest in SSTK or pass.

What to Look for When Analyzing Shutterstock, Inc. Shares?

Shutterstock, Inc. (SSTK) is based in the USA and it represents one of the well-known company operating with Communication Services sector. If you wish to compare SSTK shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 80.42 for Shutterstock, Inc., while the value 27.52 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.47 is supported by the yearly EPS growth of -63.40%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 46.00%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 59.00% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in SSTK Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in SSTK in the recent period. That is how The Vanguard Group, Inc. now has an increase position in SSTK by 0.83% in the first quarter, owning 2.13 million shares of SSTK stocks, with the value of $74.58 million after the purchase of an additional 17,660 shares during the last quarter. In the meanwhile, Van Berkom & Associates, Inc. also increased their stake in SSTK shares changed 18.49% in the first quarter, which means that the company now owns 1.73 million shares of company, all valued at $60.41 million after the acquisition of additional 269,587 shares during the last quarter.

Renaissance Technologies LLC acquired a new position in Shutterstock, Inc. during the first quarter, with the value of $33.29 million, and Dimensional Fund Advisors LP increased their stake in the company’s shares by 1.31% in the first quarter, now owning 10,951 shares valued at $29.54 million after the acquisition of the additional 844846 shares during the last quarter. At the present, 59.00% of SSTK shares are in the ownership of institutional investors.