shutterstock inc. - SSTK

SSTK

Close Chg Chg %
30.46 -0.43 -1.41%

Closed Market

30.03

-0.43 (1.41%)

Volume: 357.74K

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: shutterstock inc. - SSTK

SSTK Key Data

Open

$30.41

Day Range

29.52 - 30.42

52 Week Range

28.85 - 54.41

Market Cap

$1.06B

Shares Outstanding

34.86M

Public Float

23.60M

Beta

1.10

Rev. Per Employee

N/A

P/E Ratio

29.98

EPS

$1.03

Yield

384.11%

Dividend

$0.30

EX-DIVIDEND DATE

Nov 29, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

558.04K

 

SSTK Performance

1 Week
 
-1.67%
 
1 Month
 
2.60%
 
3 Months
 
-13.08%
 
1 Year
 
-33.35%
 
5 Years
 
-26.61%
 

SSTK Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About shutterstock inc. - SSTK

Shutterstock, Inc. engages in the provision of a global creative platform. The company offers data, distribution, and services. Its contents include images, footage, music, three dimensional (3D) models, and generative artificial intelligence. The company was founded by Jonathan Evan Oringer in 2003 and is headquartered in New York, NY.

SSTK At a Glance

Shutterstock, Inc.
Empire State Building
New York, New York 10118
Phone 1-646-710-3417 Revenue 874.59M
Industry Internet Software/Services Net Income 110.27M
Sector Technology Services 2023 Sales Growth 5.649%
Fiscal Year-end 12 / 2024 Employees 1,274
View SEC Filings

SSTK Valuation

P/E Current 29.977
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.868
Price to Sales Ratio 2.001
Price to Book Ratio 3.258
Price to Cash Flow Ratio 12.449
Enterprise Value to EBITDA 11.366
Enterprise Value to Sales 1.964
Total Debt to Enterprise Value 0.04

SSTK Efficiency

Revenue/Employee 686,489.011
Income Per Employee 86,553.375
Receivables Turnover 9.596
Total Asset Turnover 0.912

SSTK Liquidity

Current Ratio 0.645
Quick Ratio 0.645
Cash Ratio 0.222

SSTK Profitability

Gross Margin 59.109
Operating Margin 8.164
Pretax Margin 14.003
Net Margin 12.608
Return on Assets 11.503
Return on Equity 22.629
Return on Total Capital 18.515
Return on Invested Capital 21.214

SSTK Capital Structure

Total Debt to Total Equity 12.992
Total Debt to Total Capital 11.498
Total Debt to Total Assets 6.61
Long-Term Debt to Equity 5.579
Long-Term Debt to Total Capital 4.937
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Shutterstock Inc. - SSTK

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
666.69M 773.41M 827.83M 874.59M
Sales Growth
+2.48% +16.01% +7.04% +5.65%
Cost of Goods Sold (COGS) incl D&A
265.97M 284.96M 319.71M 357.63M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
41.36M 48.77M 68.47M 79.73M
Depreciation
35.56M 31.67M 33.97M 37.73M
Amortization of Intangibles
5.80M 17.10M 34.50M 42.00M
COGS Growth
-7.54% +7.14% +12.19% +11.86%
Gross Income
400.71M 488.46M 508.12M 516.96M
Gross Income Growth
+10.44% +21.90% +4.03% +1.74%
Gross Profit Margin
+60.11% +63.16% +61.38% +59.11%
2020 2021 2022 2023 5-year trend
SG&A Expense
315.45M 374.05M 391.53M 445.56M
Research & Development
46.04M 52.01M 65.43M 96.16M
Other SG&A
269.41M 322.04M 326.10M 349.39M
SGA Growth
-7.95% +18.58% +4.67% +13.80%
Other Operating Expense
- - - -
-
Unusual Expense
- 6.30M 22.96M 3.00M
EBIT after Unusual Expense
85.27M 108.11M 93.62M 68.40M
Non Operating Income/Expense
4.26M (3.37M) (1.25M) 55.92M
Non-Operating Interest Income
- - 1.19M 137.00K
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - 1.34M 1.86M
-
Interest Expense Growth
- - - +38.92%
-
Gross Interest Expense
- - 1.34M 1.86M
-
Interest Capitalized
- - - -
-
Pretax Income
89.52M 104.74M 91.04M 122.47M
Pretax Income Growth
+259.30% +16.99% -13.08% +34.53%
Pretax Margin
+13.43% +13.54% +11.00% +14.00%
Income Tax
17.76M 12.85M 14.93M 12.20M
Income Tax - Current - Domestic
13.58M 10.53M 20.25M 29.41M
Income Tax - Current - Foreign
3.16M 4.10M 5.27M 8.97M
Income Tax - Deferred - Domestic
(998.00K) (1.85M) (10.39M) (25.93M)
Income Tax - Deferred - Foreign
2.02M 81.00K (194.00K) (248.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
71.77M 91.88M 76.10M 110.27M
Minority Interest Expense
- - - -
-
Net Income
71.77M 91.88M 76.10M 110.27M
Net Income Growth
+256.90% +28.03% -17.17% +44.89%
Net Margin Growth
+10.76% +11.88% +9.19% +12.61%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
71.77M 91.88M 76.10M 110.27M
Preferred Dividends
- - - -
-
Net Income Available to Common
71.77M 91.88M 76.10M 110.27M
EPS (Basic)
2.0022 2.5167 2.1115 3.0734
EPS (Basic) Growth
+251.32% +25.70% -16.10% +45.56%
Basic Shares Outstanding
35.84M 36.51M 36.04M 35.88M
EPS (Diluted)
1.9733 2.4618 2.0824 3.0426
EPS (Diluted) Growth
+249.19% +24.76% -15.41% +46.11%
Diluted Shares Outstanding
36.37M 37.32M 36.55M 36.24M
EBITDA
126.63M 163.18M 185.06M 151.13M
EBITDA Growth
+80.71% +28.87% +13.41% -18.33%
EBITDA Margin
+18.99% +21.10% +22.35% +17.28%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 49.00
Number of Ratings 5 Current Quarters Estimate 0.847
FY Report Date 12 / 2024 Current Year's Estimate 4.28
Last Quarter’s Earnings 1.31 Median PE on CY Estimate N/A
Year Ago Earnings 4.35 Next Fiscal Year Estimate 4.64
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate 0.85 1.07 4.28 4.64
High Estimates 0.87 1.10 4.30 4.82
Low Estimate 0.83 1.01 4.27 4.33
Coefficient of Variance 2.46 4.86 0.40 5.81

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 0 0 0
HOLD 2 2 2
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Shutterstock Inc. - SSTK

Date Name Shares Transaction Value
Jul 4, 2024 Paul J. Hennessy CHIEF EXECUTIVE OFFICER; Director 87,597 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 4, 2024 Paul J. Hennessy CHIEF EXECUTIVE OFFICER; Director 131,682 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $37.38 per share 4,922,273.16
Jul 4, 2024 Paul J. Hennessy CHIEF EXECUTIVE OFFICER; Director 162,544 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 4, 2024 Paul J. Hennessy CHIEF EXECUTIVE OFFICER; Director 54,101 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 4, 2024 Paul J. Hennessy CHIEF EXECUTIVE OFFICER; Director 175,399 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Alfonse L. Upshaw Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Deirdre M. Bigley Director 14,564 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Deirdre M. Bigley Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Rachna Bhasin Director 18,403 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Deirdre M. Bigley Director 4,318 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Alfonse L. Upshaw Director 2,781 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Alfonse L. Upshaw Director 4,318 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Thomas R. Evans Director 25,091 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Rachna Bhasin Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 7, 2024 Rachna Bhasin Director 4,318 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Thomas R. Evans Director 4,318 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Thomas R. Evans Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 29, 2024 Jarrod Yahes CHIEF FINANCIAL OFFICER 43,904 Open market or private purchase of non-derivative security Non-derivative transaction at $37.35 per share 1,639,814.40
May 29, 2024 Jarrod Yahes CHIEF FINANCIAL OFFICER 38,559 Open market or private purchase of non-derivative security Non-derivative transaction at $37.32 per share 1,439,021.88
May 29, 2024 Jarrod Yahes CHIEF FINANCIAL OFFICER 38,555 Open market or private purchase of non-derivative security Non-derivative transaction at $37.29 per share 1,437,715.95

Shutterstock Inc. in the News