Shutterstock Inc. (NYSE:SSTK) currently has a daily average trading volume of 598.15K but it saw 1056237 shares traded on Thursday. With a market cap of 1.79B USD, stock’s current market price of $48.94 came falling about -4.40 while comparing to the previous closing price of $51.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $81.23 and as low as $44.61. In the recent trading on the day, stock has struck highest price mark of $51.455 while lowest mark touched by it was $48.65.
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Taking a look at 20-day trading activity of Shutterstock Inc. (SSTK) gives us an average price of $54.43, while its current price level is -39.75% below from 52-week high level whereas it is 9.71% 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 $64.33 while that of 200 days or SMA-200 reads an average of $59.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.76% during that period while stretching the period over a month that increases to 4.79%. 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 29.08 which implies that the stock is in oversold territory.
Over the week, SSTK’s stock price is moving -7.31% down while it is -25.72% when we observe its performance for the past one month. Year-to-date it is -7.17% down and over the past year, the stock is showing a downside performance of -12.28%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $1.29 beat the consensus estimate of $1.07 for the same. The company is expected to be releasing its next quarterly report in 07/25/2023, for which analysts forecasted an EPS of $0.97 while estimate for next year EPS is $4.08. For SSTK, analysts are forecasting an EPS-growth rate of 5.40% for current year and estimate for EPS growth in next year is 5.40%. In next quarter, company is expected to be making quarterly sales of $209.71 million as analysts are expecting the sales for current fiscal year at $851.28 million and seeing the company making $903.91 million in sales next year. Moreover, analysts are in estimates of $215.5 million for current-quarter revenue.
Currently, Shutterstock Inc.’s total number of outstanding shares is 35.86M with 32.62% of that held by the insiders while 72.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 15.80% and return on equity (ROE) at 18.50%. It has a price to earnings ratio (P/E ratio) of 21.60 while having a 11.37 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 3.68 while price to sale or P/S ratio amounts to 2.12. Its return on asset (ROA) is 9.70% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.14% in the Shutterstock Inc. (SSTK) decreasing its stake to 4.84% with control over 2516.0 shares in the company. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.06% in the company and now holds 0.74 million or 2.04% of the company’s stake having worth of about 49.3 million.
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