Headlines about Shutterstock (NYSE:SSTK) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shutterstock earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.8793616000449 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of SSTK stock opened at $51.34 on Wednesday. The stock has a market cap of $1,809.22, a price-to-earnings ratio of 106.96 and a beta of 1.33. Shutterstock has a twelve month low of $29.85 and a twelve month high of $52.78.

How to Become a New Pot Stock Millionaire

Shutterstock (NYSE:SSTK) last announced its quarterly earnings results on Thursday, February 22nd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The firm had revenue of $151.80 million during the quarter, compared to the consensus estimate of $143.66 million. Shutterstock had a return on equity of 8.43% and a net margin of 3.00%. Shutterstock’s revenue was up 16.6% on a year-over-year basis. During the same period last year, the business earned $0.42 EPS. equities analysts anticipate that Shutterstock will post 0.78 earnings per share for the current year.

SSTK has been the topic of a number of analyst reports. ValuEngine cut shares of Shutterstock from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research cut shares of Shutterstock from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. SunTrust Banks lifted their target price on shares of Shutterstock to $47.00 and gave the stock a “hold” rating in a research report on Friday, February 23rd. Finally, Deutsche Bank lifted their target price on shares of Shutterstock from $36.00 to $43.00 and gave the stock a “hold” rating in a research report on Friday, February 23rd. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $42.67.

COPYRIGHT VIOLATION WARNING: “Shutterstock (SSTK) Receiving Somewhat Positive Press Coverage, Study Finds” was posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.dailypolitical.com/2018/03/21/shutterstock-sstk-receiving-somewhat-positive-press-coverage-study-finds.html.

About Shutterstock

Shutterstock, Inc provides content products and services in North America, Europe, and internationally. It offers digital imagery services, which include licensed photographs, vectors, illustrations, and video clips that customers use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and commercial music services comprising music tracks and sound effects that are used to complement digital imagery.

Insider Buying and Selling by Quarter for Shutterstock (NYSE:SSTK)

Receive News & Ratings for Shutterstock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shutterstock and related companies with MarketBeat.com's FREE daily email newsletter.