Wall Street analysts expect that Shutterfly, Inc. (NASDAQ:SFLY) will post $5.42 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Shutterfly’s earnings. The lowest EPS estimate is $5.40 and the highest is $5.45. Shutterfly posted earnings per share of $3.11 in the same quarter last year, which would indicate a positive year over year growth rate of 74.3%. The business is expected to issue its next earnings report on Tuesday, January 29th.

On average, analysts expect that Shutterfly will report full year earnings of $3.12 per share for the current fiscal year, with EPS estimates ranging from $3.08 to $3.15. For the next fiscal year, analysts forecast that the company will report earnings of $2.62 per share, with EPS estimates ranging from $2.16 to $3.29. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Shutterfly.

Shutterfly (NASDAQ:SFLY) last announced its quarterly earnings results on Tuesday, October 30th. The technology company reported ($2.20) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($2.42) by $0.22. Shutterfly had a positive return on equity of 4.09% and a negative net margin of 0.97%. The business had revenue of $368.76 million for the quarter, compared to the consensus estimate of $377.54 million. During the same period last year, the business posted ($0.78) EPS. The business’s revenue was up 88.7% compared to the same quarter last year.

A number of research analysts have recently issued reports on SFLY shares. TheStreet downgraded Shutterfly from a “b-” rating to a “c+” rating in a report on Tuesday, September 4th. Zacks Investment Research downgraded Shutterfly from a “hold” rating to a “sell” rating in a report on Tuesday, October 9th. SunTrust Banks cut their price target on Shutterfly to $100.00 and set a “buy” rating on the stock in a report on Wednesday, October 17th. ValuEngine upgraded Shutterfly from a “hold” rating to a “buy” rating in a research note on Tuesday, November 6th. Finally, BidaskClub upgraded Shutterfly from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $91.80.

Shares of NASDAQ:SFLY traded down $1.78 on Friday, reaching $46.01. The company had a trading volume of 1,174,221 shares, compared to its average volume of 734,348. Shutterfly has a 52-week low of $44.13 and a 52-week high of $100.34. The company has a market capitalization of $1.55 billion, a PE ratio of 43.82, a P/E/G ratio of 0.67 and a beta of 1.37. The company has a current ratio of 1.39, a quick ratio of 1.34 and a debt-to-equity ratio of 2.24.

In related news, CFO Michael W. Pope sold 17,458 shares of the business’s stock in a transaction on Monday, October 29th. The stock was sold at an average price of $58.60, for a total transaction of $1,023,038.80. Following the transaction, the chief financial officer now directly owns 17,500 shares in the company, valued at approximately $1,025,500. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Satish Menon sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $48.09, for a total value of $1,202,250.00. Following the transaction, the senior vice president now owns 12,448 shares in the company, valued at $598,624.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 63,175 shares of company stock worth $3,586,398. 0.80% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in SFLY. Advisors Preferred LLC grew its stake in Shutterfly by 116.6% during the 2nd quarter. Advisors Preferred LLC now owns 1,174 shares of the technology company’s stock valued at $106,000 after purchasing an additional 632 shares during the last quarter. Fortis Advisors LLC purchased a new stake in Shutterfly during the 2nd quarter valued at about $133,000. Point72 Hong Kong Ltd purchased a new stake in Shutterfly during the 3rd quarter valued at about $149,000. CIBC Asset Management Inc purchased a new stake in Shutterfly during the 2nd quarter valued at about $213,000. Finally, Highland Capital Management LP purchased a new stake in Shutterfly during the 2nd quarter valued at about $225,000.

About Shutterfly

Shutterfly, Inc manufactures and retails personalized products and services primarily in the United States, Canada, and the European Community. The company operates through Consumer and Shutterfly Business Solutions segments. It offers a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.

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