Shutterfly, Inc. (NASDAQ:SFLY) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, July 25th. Analysts expect Shutterfly to post earnings of ($0.55) per share for the quarter. Shutterfly has set its Q2 guidance at ($0.50-0.55) EPS and its FY17 guidance at $0.45-0.80 EPS.

Shutterfly (NASDAQ:SFLY) last announced its earnings results on Tuesday, April 25th. The technology company reported ($0.84) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($1.03) by $0.19. Shutterfly had a net margin of 1.06% and a return on equity of 3.29%. The business had revenue of $191.97 million for the quarter, compared to analyst estimates of $187.34 million. During the same quarter in the previous year, the firm posted ($0.85) earnings per share. Shutterfly’s revenue was up 5.7% compared to the same quarter last year. On average, analysts expect Shutterfly to post $0.56 EPS for the current fiscal year and $1.48 EPS for the next fiscal year.

Shutterfly, Inc. (SFLY) opened at 47.60 on Friday. Shutterfly, Inc. has a 12 month low of $41.91 and a 12 month high of $54.60. The company’s 50-day moving average is $48.07 and its 200-day moving average is $48.75. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 136.39 and a beta of 0.85.

Shutterfly announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 18th that allows the company to buyback $140.00 million in shares. This buyback authorization allows the technology company to buy up to 8.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

In related news, CEO Christopher North sold 27,606 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $49.66, for a total value of $1,370,913.96. Following the transaction, the chief executive officer now owns 40,000 shares in the company, valued at $1,986,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Jason Sebring sold 2,481 shares of the firm’s stock in a transaction on Monday, June 19th. The stock was sold at an average price of $48.57, for a total value of $120,502.17. Following the completion of the transaction, the vice president now owns 3,125 shares in the company, valued at approximately $151,781.25. The disclosure for this sale can be found here. Insiders have sold a total of 60,290 shares of company stock worth $2,958,580 in the last quarter. Company insiders own 5.70% of the company’s stock.

Several brokerages have issued reports on SFLY. ValuEngine raised Shutterfly from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th. Zacks Investment Research raised Shutterfly from a “hold” rating to a “strong-buy” rating and set a $54.00 price target for the company in a report on Wednesday, June 28th. Jefferies Group LLC reaffirmed a “hold” rating and set a $53.00 price target (up previously from $46.00) on shares of Shutterfly in a report on Wednesday, April 26th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $57.00 price target on shares of Shutterfly in a report on Tuesday, May 16th. Finally, BidaskClub downgraded Shutterfly from a “sell” rating to a “strong sell” rating in a report on Thursday, July 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $53.10.

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Shutterfly Company Profile

Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.

Earnings History for Shutterfly (NASDAQ:SFLY)

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