SSTK - Shutterstock Inc Stock Price, Fair Value and News

42.90USD+0.09 (+0.21%)Market Closed

Market Summary

USD42.90+0.09

Market Closed

0.21%

SSTK Alerts

1 major insider sales recently.

Big fall in earnings (Y/Y)

SSTK Stock Price

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SSTK RSI Chart

SSTK Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

16.44

Price/Sales (Trailing)

1.76

EV/EBITDA

7.91

Price/Free Cashflow

43.5

SSTK Price/Sales (Trailing)

SSTK Profitability

EBT Margin

11.61%

Return on Equity

17.28%

Return on Assets

9.1%

Free Cashflow Yield

2.3%

SSTK Fundamentals

SSTK Revenue

Revenue (TTM)

873.6M

Rev. Growth (Yr)

-0.45%

Rev. Growth (Qtr)

-1.34%

SSTK Earnings

Earnings (TTM)

93.5M

Earnings Growth (Yr)

-50.91%

Earnings Growth (Qtr)

1.7K%

Breaking Down SSTK Revenue

Last 7 days

11.0%

Last 30 days

5.2%

Last 90 days

-10.2%

Trailing 12 Months

-15.9%

How does SSTK drawdown profile look like?

SSTK Financial Health

Current Ratio

0.6

SSTK Investor Care

Dividend Yield

1.72%

Dividend/Share (TTM)

0.72

Buy Backs (1Y)

0.58%

Diluted EPS (TTM)

2.59

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	873.6M	0	0	0
2023	844.0M	845.9M	875.1M	874.6M
2022	789.3M	806.2M	815.9M	827.8M
2021	688.7M	719.4M	748.6M	773.4M
2020	648.5M	646.0M	652.1M	666.7M
2019	633.6M	638.7M	646.2M	650.5M
2018	579.9M	602.5M	613.0M	623.3M
2017	507.9M	517.5M	535.5M	557.1M
2016	444.3M	464.3M	480.1M	494.3M
2015	352.7M	376.8M	400.4M	425.1M
2014	257.2M	280.6M	304.8M	328.0M
2013	183.2M	199.3M	216.6M	235.5M
2012	132.4M	144.1M	155.2M	169.6M
2011	92.3M	101.6M	110.9M	120.3M
2010	0	0	0	83.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Shutterstock Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	caine john	sold	-233,387	42.91	-5,439	global head of ecommerce
Apr 05, 2024	caine john	sold	-85,474	43.3	-1,974	global head of ecommerce
Apr 04, 2024	oringer jonathan	sold (taxes)	-917,175	45.21	-20,287	executive chairman
Apr 04, 2024	ciardiello steven	sold (taxes)	-102,943	45.21	-2,277	chief accounting officer
Apr 04, 2024	oringer jonathan	acquired	-	-	58,803	executive chairman
Apr 04, 2024	caine john	acquired	-	-	8,067	global head of ecommerce
Apr 04, 2024	ciardiello steven	acquired	-	-	6,307	chief accounting officer
Apr 04, 2024	caine john	sold (taxes)	-186,220	45.21	-4,119	global head of ecommerce
Apr 04, 2024	yahes jarrod	acquired	-	-	35,236	chief financial officer
Apr 04, 2024	yahes jarrod	sold (taxes)	-801,799	45.21	-17,735	chief financial officer

Which funds bought or sold SSTK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 14, 2024	STIFEL FINANCIAL CORP	added	5.18	-4,034	1,998,880	-%
May 14, 2024	BOULDER HILL CAPITAL MANAGEMENT LP	new	-	939,105	939,105	0.39%
May 14, 2024	MetLife Investment Management, LLC	unchanged	-	-31,122	577,206	-%
May 14, 2024	Cerity Partners LLC	new	-	302,930	302,930	-%
May 14, 2024	SHELL ASSET MANAGEMENT CO	reduced	-4.06	-9,000	94,000	-%
May 14, 2024	AXQ CAPITAL, LP	reduced	-1.95	-51,727	690,723	0.17%
May 14, 2024	FEDERATED HERMES, INC.	added	1,067	2,958,920	3,252,560	0.01%
May 14, 2024	SCHRODER INVESTMENT MANAGEMENT GROUP	reduced	-19.23	-2,061,700	6,764,900	0.01%
May 14, 2024	PRIMECAP MANAGEMENT CO/CA/	unchanged	-	-246,506	4,571,840	-%
May 14, 2024	EntryPoint Capital, LLC	sold off	-100	-83,428	-	-%

Are Funds Buying or Selling SSTK?

Are funds buying SSTK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SSTK

No. of Funds

Unveiling Shutterstock Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.06%	2,878,237	SC 13G/A
Jan 23, 2024	blackrock inc.	12.4%	4,419,032	SC 13G/A
Jun 08, 2023	oringer jonathan	31.7%	11,538,096	SC 13D/A
Feb 09, 2023	vanguard group inc	8.41%	3,010,586	SC 13G/A
Feb 06, 2023	wellington management group llp	2.20%	789,535	SC 13G/A
Jan 23, 2023	blackrock inc.	11.2%	4,026,472	SC 13G/A
May 06, 2022	oringer jonathan	32.9%	12,035,044	SC 13D/A
Feb 14, 2022	arrowmark colorado holdings llc	1.27%	465,095	SC 13G/A
Feb 04, 2022	wellington management group llp	5.46%	1,994,040	SC 13G
Jan 27, 2022	blackrock inc.	10.6%	3,858,568	SC 13G/A

Recent SEC filings of Shutterstock Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	4	Insider Trading
May 02, 2024	8-K	Current Report
May 01, 2024	144	Notice of Insider Sale Intent
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 23, 2024	8-K	Current Report
Apr 08, 2024	4	Insider Trading
Apr 05, 2024	144	Notice of Insider Sale Intent
Apr 05, 2024	4	Insider Trading

Peers (Alternatives to Shutterstock Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GOOG	2.2T	318.1B	11.27%	44.85%	26.13	6.77	11.78%	40.66%
META	1.2T	142.7B	-3.71%	101.68%	26.79	8.59	21.62%	113.38%
DASH	47.2B	9.1B	-12.48%	81.22%	-112.29	5.18	27.24%	69.09%
SNAP	27.5B	4.8B	57.06%	88.62%	-21.15	5.71	6.28%	7.14%
MID-CAP
MTCH	8.3B	3.4B	-1.85%	-0.35%	12.74	2.42	8.17%	118.00%
YELP	2.6B	1.4B	-4.49%	20.93%	22.53	1.9	10.42%	217.33%
SMALL-CAP
GETY	1.5B	903.2M	-0.27%	-	51.28	1.7	-2.98%	130.10%
EVER	838.3M	269.8M	22.94%	245.24%	-17.89	3.11	-33.01%	-120.68%
GRPN	658.7M	516.4M	66.60%	460.94%	-17.1	1.28	-8.99%	83.38%
SCOR	65.5M	366.6M	-10.50%	-17.38%	-0.91	0.18	-1.99%	-8.78%
IZEA	53.1M	34.4M	26.95%	27.95%	-6.8	1.54	-15.91%	-62.70%
DGLY	8.2M	28.2M	31.67%	-15.41%	-0.32	0.29	-23.67%	-35.41%

Shutterstock Inc News

Latest updates

Shutterstock Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.3%	214	217	233	209	215	218	204	207	199	206	194	190	183	181	165	159	161	166	159	162	163
Costs and Expenses	-8.1%	198	215	216	200	175	210	175	181	167	191	172	157	145	153	136	137	156	161	156	159	155
S&GA Expenses	-10.3%	56.00	63.00	56.00	48.00	48.00	48.00	48.00	54.00	53.00	63.00	54.00	46.00	42.00	44.00	37.00	36.00	43.00	47.00	46.00	44.00	44.00
R&D Expenses	-10.2%	21.00	23.00	28.00	29.00	15.00	17.00	18.00	17.00	14.00	16.00	14.00	12.00	11.00	10.00	11.00	12.00	13.00	15.00	14.00	14.00	15.00
EBITDA Margin	-9.0%	0.21*	0.23*	0.24*	0.24*	0.21*	0.19*	0.20*	0.19*	0.20*	0.20*	0.22*	0.24*	-	-	-	-	-	-	-	-	-
Interest Expenses	3.5%	1.00	0.00	1.00	0.00	0.00	1.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	39.2%	4.00	3.00	-0.81	1.00	9.00	1.00	4.00	3.00	6.00	-2.77	4.00	5.00	6.00	6.00	6.00	4.00	2.00	4.00	-1.29	0.00	1.00
Earnings Before Taxes	889.8%	20.00	2.00	28.00	51.00	41.00	9.00	27.00	23.00	33.00	14.00	20.00	35.00	36.00	32.00	28.00	23.00	6.00	9.00	4.00	4.00	9.00
EBT Margin	-17.1%	0.12*	0.14*	0.15*	0.15*	0.12*	0.11*	0.12*	0.11*	0.13*	0.14*	0.16*	0.18*	-	-	-	-	-	-	-	-	-
Net Income	1702.5%	16.00	-1.01	28.00	50.00	33.00	7.00	23.00	19.00	27.00	17.00	16.00	29.00	30.00	26.00	23.00	19.00	4.00	4.00	5.00	3.00	8.00
Net Income Margin	-15.1%	0.11*	0.13*	0.14*	0.13*	0.10*	0.09*	0.11*	0.10*	0.11*	0.12*	0.13*	0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	-125.7%	-6.16	24.00	-1.83	19.00	54.00	51.00	26.00	28.00	11.00	48.00	49.00	65.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.7%	1,029	1,036	1,016	1,004	843	881	840	849	796	852	841	796	755	730	688	626	615	631	617	593	587
Current Assets	-11.5%	259	293	269	273	179	216	161	163	340	388	376	484	441	489	451	386	370	377	364	333	321
Cash Equivalents	-28.5%	72.00	101	75.00	87.00	96.00	115	76.00	84.00	258	314	301	411	364	429	383	311	296	306	288	262	243
Net PPE	-1.4%	63.00	64.00	62.00	59.00	57.00	55.00	55.00	53.00	50.00	48.00	49.00	50.00	50.00	51.00	53.00	54.00	57.00	59.00	63.00	68.00	73.00
Goodwill	5.1%	403	383	382	383	383	382	380	378	219	220	220	149	149	89.00	89.00	88.00	88.00	89.00	88.00	88.00	-
Liabilities	-4.3%	487	509	484	485	366	434	410	419	352	383	366	331	315	308	298	283	287	302	301	289	293
Current Liabilities	-4.3%	433	452	424	408	313	384	360	368	304	334	315	283	265	257	245	229	232	246	248	229	232
LT Debt, Current	0%	30.00	30.00	30.00	30.00	-	50.00	50.00	50.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	2.7%	541	527	532	520	477	447	431	429	444	468	475	465	441	422	390	344	328	328	316	304	295
Retained Earnings	1.6%	348	343	353	335	294	271	273	258	247	230	220	212	190	168	149	132	119	0.00	117	112	109
Additional Paid-In Capital	2.4%	434	424	413	403	396	391	380	371	374	377	368	360	357	361	350	319	317	313	308	299	292
Shares Outstanding	0.1%	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	37.00	37.00	36.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,203	-	-	-	1,384	-	-	-	2,304	-	-	-	684	-	-	-	746	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-75.6%	8,300	33,949	10,014	29,814	66,775	61,162	37,715	36,851	22,723	54,514	54,642	71,388	35,828	64,847	63,882	29,484	6,859	25,626	30,277	27,034	19,709
Share Based Compensation	-7.0%	11,150	11,988	13,003	14,943	8,643	11,783	9,088	7,043	7,826	9,540	8,743	9,686	8,210	10,628	8,285	3,636	5,760	4,931	5,509	7,751	4,624
Cashflow From Investing	-317.5%	-16,528	7,599	4,213	-50,191	-15,937	-17,645	-17,582	-227,798	-12,525	-8,031	-151,444	-9,750	-81,213	-13,222	-6,650	-7,027	-8,411	-8,291	-6,465	-7,180	-5,298
Cashflow From Financing	4.3%	-18,629	-19,470	-25,305	12,738	-70,667	-9,210	-24,880	20,177	-65,574	-31,296	-12,681	-14,374	-19,371	-6,261	16,579	-7,104	-7,801	79.00	3,188	-1,087	-3,876
Dividend Payments	-100.0%	-	9,644	9,636	9,725	9,662	8,585	8,633	8,665	8,706	7,651	7,683	7,671	7,646	6,154	6,149	6,058	6,040	-	-	-	-
Buy Backs	-100.0%	-	9,201	15,004	4,000	-	-	16,551	18,565	38,372	22,322	4,171	-	-	-	-	-	-	-	-	-	-

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SSTK Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 214,315	$ 215,280
Operating expenses:
Cost of revenue	88,204	78,163
Sales and marketing	56,236	47,527
Product development	21,051	15,406
General and administrative	32,078	33,815
Total operating expenses	197,569	174,911
Income from operations	16,746	40,369
Other income, net	3,644	1,045
Income before income taxes	20,390	41,414
Provision for income taxes	4,269	8,571
Net income	$ 16,121	$ 32,843
Earnings per share:
Basic (in dollars per share)	$ 0.45	$ 0.92
Diluted (in dollars per share)	$ 0.45	$ 0.90
Weighted average common shares outstanding:
Basic (in shares)	35,591	35,856
Diluted (in shares)	36,066	36,575

SSTK Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 71,811	$ 100,490
Accounts receivable, net of allowance of $4,873 and $6,335	93,993	91,139
Prepaid expenses and other current assets	93,095	100,944
Total current assets	258,899	292,573
Property and equipment, net	63,430	64,300
Right-of-use assets	16,482	15,395
Intangible assets, net	174,868	184,396
Goodwill	402,787	383,325
Deferred tax assets, net	28,156	24,874
Other assets	83,881	71,152
Total assets	1,028,503	1,036,015
Current liabilities:
Accounts payable	9,373	9,108
Accrued expenses	99,212	131,443
Contributor royalties payable	61,392	54,859
Deferred revenue	198,041	203,463
Debt	30,000	30,000
Other current liabilities	34,959	23,513
Total current liabilities	432,977	452,386
Deferred tax liability, net	3,795	4,182
Lease liabilities	28,745	29,404
Other non-current liabilities	21,711	22,949
Total liabilities	487,228	508,921
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $0.01 par value; 200,000 shares authorized; 40,013 and 39,982 shares issued and 35,603 and 35,572 shares outstanding as of March 31, 2024 and December 31, 2023, respectively	399	399
Treasury stock, at cost; 4,410 shares as of March 31, 2024 and December 31, 2023	(228,213)	(228,213)
Additional paid-in capital	434,416	424,229
Accumulated other comprehensive loss	(13,438)	(11,974)
Retained earnings	348,111	342,653
Total stockholders’ equity	541,275	527,094
Total liabilities and stockholders’ equity	$ 1,028,503	$ 1,036,015

About Shutterstock Inc

Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. The company provides its services under the Shutterstock, Bigstock, Offset, TurboSquid,PremiumBeat brand names, as well as Application programming interface to enhance workflow and project management needs, and search capabilities. It serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators. The company was founded in 2003 and is headquartered in New York, New York.

CEO	Mr. Paul J. Hennessy
WEBSITE	shutterstock.com
INDUSTRY	Internet Retail
EMPLOYEES	1328

Shutterstock Inc Frequently Asked Questions

What is the ticker symbol for Shutterstock Inc? What does SSTK stand for in stocks?

SSTK is the stock ticker symbol of Shutterstock Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Shutterstock Inc (SSTK)?

As of Wed May 15 2024, market cap of Shutterstock Inc is 1.54 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SSTK stock?

You can check SSTK's fair value in chart for subscribers.

What is the fair value of SSTK stock?

You can check SSTK's fair value in chart for subscribers. The fair value of Shutterstock Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Shutterstock Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SSTK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Shutterstock Inc a good stock to buy?

The fair value guage provides a quick view whether SSTK is over valued or under valued. Whether Shutterstock Inc is cheap or expensive depends on the assumptions which impact Shutterstock Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SSTK.

What is Shutterstock Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, SSTK's PE ratio (Price to Earnings) is 16.44 and Price to Sales (PS) ratio is 1.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SSTK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Shutterstock Inc's stock?

In the past 10 years, Shutterstock Inc has provided -0.03 (multiply by 100 for percentage) rate of return.