Getty's Valuation, Long-Term Fundamentals To Drive Value, Analyst Says

  • Benchmark analyst Mark Zgutowicz upgraded Getty Images Holdings, Inc GETY to Buy from Hold with a $9 price target
  • He saw an attractive valuation in front of the excellent 2H22E and longer-term fundamentals, supported by its disciplined expense management practice.
  • Although Getty's absolute adjusted EBITDA dollar declined year-over-year in 2022, he viewed it as poor optics given persisting currency pressures and understated its unique competitive positioning, including its premium margin profile relative to peers.
  • For conservatism amid uncertain macro and FX pressures NTM, he reduced his '22E and' 23E Creative revenue well below management's long-term guidance of +HSD%. 
  • Price Action: GETY shares traded lower by 9.02% at $6.15 on the last check Wednesday.
  • Photo Via Company
Loading...
Loading...
GETY Logo
GETYGetty Images Holdings Inc
$1.77-%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
13.90
Growth
Not Available
Quality
Not Available
Value
38.71
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Comments
Loading...