sstk
7/16/2024 07:31am
**Shutterstock, Inc. (SSTK) Analysis**:
1. **Current Stock Price and Performance**:
- The closing price for Shutterstock, Inc. (SSTK) as of July 15, 2024, is $40.47.
- Over the past year, the stock has experienced a significant range, with a high of $58.42 and a low of $33.80.
2. **Valuation Metrics**:
- The P/E ratio for SSTK is 15.08, indicating that the stock may be considered reasonably valued compared to the industry average.
- The Price-to-Book (P/B) ratio is 2.68, suggesting that the stock is trading at a premium to its book value.
- The Price-to-Sales (P/S) ratio is 1.65, which is below the industry average, potentially indicating an undervaluation based on sales.
- The Price-to-Volume (P/V) ratio is 1.15, which may suggest a moderate level of trading activity.
3. **Moving Averages**:
- The 5-Day Moving Average is $38.36, the 10-Day Moving Average is $37.07, the 50-Day Moving Average is $39.08, and the 200-Day Moving Average is $43.04.
- The stock is currently trading above the 5-Day and 10-Day Moving Averages but below the 50-Day and 200-Day Moving Averages, which could indicate a short-term upward trend but a longer-term downward trend.
|Ticker|Name|50-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|
|SSTK.N|Shutterstock|39.0846|20240715|SSTK|169|
4. **Institutional and Insider Activity**:
- There has been significant institutional investment in SSTK, with some large investors increasing their holdings.
- The company's financial performance has been positive, with earnings exceeding expectations and a return on equity of 21.14%.
5. **Analyst Ratings and Price Targets**:
- The consensus rating for SSTK is a "Moderate Buy" with an average price target of $62.50, suggesting potential upside from the current price.
- Individual analysts have set price targets ranging from $55 to $65, with some indicating a "Buy" rating and others a "Hold" rating.
6. **Market and Industry Context**:
- The Zacks Internet - Content industry, of which SSTK is a part, is experiencing solid demand for digital offerings and is benefiting from the proliferation of AI.
- However, the industry is facing challenges such as macroeconomic conditions and regulatory pressure.
7. **Dividend and Financial Health**:
- SSTK recently paid a dividend of $0.30 per share, representing a yield of 3.05%.
- The company's net margin is 10.71%, and it has a strong balance sheet with a market cap of $1.41 billion.
In conclusion, Shutterstock, Inc. (SSTK) appears to be a stock with mixed signals. It is trading above its short-term moving averages but below its long-term averages, which could indicate a short-term bullish trend but a longer-term bearish trend. The company's financials are strong, with earnings exceeding expectations and a healthy return on equity. However, the stock is trading at a premium to its book value and sales, which may suggest it is overvalued. The stock has also seen significant institutional investment and positive insider activity. Analysts have set a moderate buy rating with an average price target suggesting potential upside. Given these factors, investors should consider their investment horizon and risk tolerance before making a decision.