While Shutterstock Inc has underperformed by -0.04%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SSTK fell by -51.27%, with highs and lows ranging from $54.40 to $22.41, whereas the simple moving average fell by -33.34% in the last 200 days.
On February 25, 2025, Truist Downgraded Shutterstock Inc (NYSE: SSTK) to Hold. BofA Securities also rated SSTK shares as ‘Underperform’, setting a target price of $34 on the company’s shares in an initiating report dated October 19, 2023. Redburn initiated its ‘Buy’ rating for SSTK, as published in its report on August 25, 2022. Morgan Stanley’s report from July 28, 2022 suggests a price prediction of $54 for SSTK shares, giving the stock a ‘Equal-Weight’ rating. Needham also rated the stock as ‘Buy’.
Analysis of Shutterstock Inc (SSTK)
The current dividend for SSTK investors is set at $1.20 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 15.23%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Shutterstock Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 6.87% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.41, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and SSTK is recording an average volume of 594.07K. On a monthly basis, the volatility of the stock is set at 4.41%, whereas on a weekly basis, it is put at 6.38%, with a loss of -15.47% over the past seven days. Furthermore, long-term investors anticipate a median target price of $36.92, showing growth from the present price of $22.79, which can serve as yet another indication of whether SSTK is worth investing in or should be passed over.
How Do You Analyze Shutterstock Inc Shares?
Shutterstock Inc (SSTK) is based in the USA and is one of the most prominent companies operating in the Internet Content & Information market. When comparing Shutterstock Inc shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 22.72, there is a growth in quarterly earnings of -45.39%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 32.11%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 79.35% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
