Getty Images Holdings, Inc. (NYSE:GETY) Receives $4.12 Consensus Target Price from Analysts

Shares of Getty Images Holdings, Inc. (NYSE:GETY) have received a consensus recommendation of “Hold” from the five analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $4.1167.

A number of brokerages have weighed in on GETY. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Getty Images in a report on Thursday, January 22nd. Zacks Research raised Getty Images from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 15th. Finally, Wedbush reissued an “outperform” rating and set a $7.00 target price on shares of Getty Images in a research note on Friday, October 31st.

Getty Images Stock Up 1.1%

Shares of NYSE GETY opened at $1.33 on Tuesday. The stock has a market capitalization of $551.01 million, a P/E ratio of -6.02 and a beta of 2.07. The stock’s fifty day moving average is $1.37 and its 200 day moving average is $1.71. Getty Images has a 52 week low of $1.20 and a 52 week high of $3.21. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.71 and a current ratio of 0.71.

Getty Images (NYSE:GETY) last released its earnings results on Monday, November 10th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm had revenue of $240.04 million for the quarter, compared to analyst estimates of $239.98 million. Getty Images had a negative net margin of 9.60% and a negative return on equity of 11.38%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the firm earned ($0.01) EPS. Sell-side analysts forecast that Getty Images will post 0.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Getty Images

In other Getty Images news, CEO Craig Warren Peters sold 31,298 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $1.27, for a total transaction of $39,748.46. Following the sale, the chief executive officer owned 1,215,438 shares of the company’s stock, valued at approximately $1,543,606.26. The trade was a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 76,397 shares of company stock worth $97,275 over the last quarter. Insiders own 11.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC grew its position in shares of Getty Images by 228.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 34,798 shares of the company’s stock valued at $58,000 after buying an additional 24,195 shares during the last quarter. GAM Holding AG bought a new position in shares of Getty Images during the second quarter worth about $124,000. Wolverine Asset Management LLC lifted its stake in shares of Getty Images by 30.4% in the second quarter. Wolverine Asset Management LLC now owns 150,127 shares of the company’s stock worth $249,000 after acquiring an additional 35,000 shares during the period. Ground Swell Capital LLC bought a new stake in Getty Images in the second quarter valued at approximately $47,000. Finally, Round Rock Advisors LLC bought a new stake in Getty Images in the fourth quarter valued at approximately $621,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Getty Images Company Profile

Getty Images (NYSE: GETY) is a leading global provider of digital visual content, offering an extensive library of stock photography, editorial imagery, video footage and music. The company supplies creative and rights-managed assets to a broad range of industries, including advertising, media, corporate communications and publishing. Through its online platform and licensing services, Getty Images enables customers to search, license and download multimedia content for commercial and editorial use.

Founded in 1995 by Mark Getty and Jonathan Klein, Getty Images pioneered the aggregation of photographic archives into a centralized, digital marketplace.