Getty Images Holdings Inc. (NYSE:GETY) currently has a daily average trading volume of 944.36K but it saw 1674780 shares traded on Wednesday. With a market cap of 2.14B USD, stock’s current market price of $5.20 came falling about -15.03 while comparing to the previous closing price of $6.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.88 and as low as $3.42. In the recent trading on the day, stock has struck highest price mark of $6.105 while lowest mark touched by it was $5.07.
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Taking a look at 20-day trading activity of Getty Images Holdings Inc. (GETY) gives us an average price of $6.13, while its current price level is -86.27% below from 52-week high level whereas it is 52.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.68 while that of 200 days or SMA-200 reads an average of $8.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.39% during that period while stretching the period over a month that decreases to 7.39%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.22 which implies that the stock is in neutral territory.
Getty Images Holdings Inc. (GETY)’s stock is currently under the radar of 8 analysts who are in consensus at a 12-month price target range of between $6.00 and $8.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $6.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $8.00. Average price target assigned by them is $7.08 which highlights an upside potential of 26.55% for the stock over that period. And to attain the median price target of $7.35 assigned by those analysts, stock has to add about 29.25% of value to its current levels.
Data by FactSet Research shows that 8 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 4 analysts suggested the investors to Buy the stock while 4 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, GETY’s stock price is moving -15.45% down while it is -17.72% when we observe its performance for the past one month. Year-to-date it is -6.31% down and over the past year, the stock is showing a downside performance of -47.74%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.01 beaten by the consensus estimate of $0.04 for the same. The company is expected to be releasing its next quarterly report in 08/09/2023, for which analysts forecasted an EPS of $0.04 while estimate for next year EPS is $0.16. For GETY, analysts are forecasting an EPS-growth rate of 166.70% for current year and estimate for EPS growth in next year is 43.80%. In next quarter, company is expected to be making quarterly sales of $239.51 million as analysts are expecting the sales for current fiscal year at $953.74 million and seeing the company making $1.01 billion in sales next year. Moreover, analysts are in estimates of $235.64 million for current-quarter revenue.
Currently, Getty Images Holdings Inc.’s total number of outstanding shares is 396.07M with 58.08% of that held by the insiders while 43.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.90% and return on equity (ROE) at -16.80%. It has a 22.32 of forward P/E ratio. Stock has a price to book (P/B) ratio of 3.77 while price to sale or P/S ratio amounts to 2.31. Its return on asset (ROA) is -6.60% on average.
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