Where Shutterstock Stands With Analysts

4 analysts have expressed a variety of opinions on Shutterstock SSTK over the past quarter, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.25, a high estimate of $70.00, and a low estimate of $55.00. This current average represents a 27.94% decrease from the previous average price target of $85.00.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Shutterstock among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Shutterstock. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Shutterstock compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Shutterstock's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Shutterstock's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Shutterstock analyst ratings.

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Delving into Shutterstock's Background

Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.

Shutterstock's Financial Performance

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Negative Revenue Trend: Examining Shutterstock's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -6.87% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.

Net Margin: Shutterstock's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -0.46%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Shutterstock's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.19%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Shutterstock's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.1%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Shutterstock's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.11.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.