For its first fiscal quarter (ending March 31), Shutterstock Inc (NYSE: SSTK) has reported a -51% decline in E.P.S. from $0.92 a year ago to $0.45 in the current quarter. For the latest four quarters through March 31, E.P.S. were $2.60 compared to $2.30 a year ago — an increase of 13%.
Recent Price Action
Shutterstock Inc (NYSE: SSTK) stock closed at $41.75 on 5/2/24 after a modest decline of -1.6%. Moreover, above average trading volume at 134% of normal accompanied the decline. The stock has declined -2.4% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SSTK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Shutterstock has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Shutterstock has a neutral Appreciation Score of 43 and a slightly positive Power Rating of 66, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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