SSTK - Shutterstock Inc Stock Price, Fair Value and News

41.25USD+0.26 (+0.63%)Delayed as of 22 Apr 2024, 01:04 pm ET

Market Summary

USD41.25+0.26

Delayedas of 22 Apr 2024, 01:04 pm

0.63%

SSTK Stock Price

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SSTK RSI Chart

SSTK Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

13.21

Price/Sales (Trailing)

1.67

EV/EBITDA

6.65

Price/Free Cashflow

15.19

SSTK Price/Sales (Trailing)

SSTK Profitability

EBT Margin

14.00%

Return on Equity

20.92%

Return on Assets

10.64%

Free Cashflow Yield

6.58%

SSTK Fundamentals

SSTK Revenue

Revenue (TTM)

874.6M

Rev. Growth (Yr)

-0.23%

Rev. Growth (Qtr)

-6.87%

SSTK Earnings

Earnings (TTM)

110.3M

Earnings Growth (Yr)

-114.28%

Earnings Growth (Qtr)

-103.54%

Breaking Down SSTK Revenue

52 Week Range

36.2074.20

(Low)(High)

Last 7 days

-1.4%

Last 30 days

-13.2%

Last 90 days

-17.8%

Trailing 12 Months

-39.4%

How does SSTK drawdown profile look like?

SSTK Financial Health

Current Ratio

0.65

SSTK Investor Care

Buy Backs (1Y)

0.83%

Diluted EPS (TTM)

3.04

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

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

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
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	acquired	-	-	6,307	chief accounting officer
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
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	caine john	sold (taxes)	-186,220	45.21	-4,119	global head of ecommerce
Apr 04, 2024	ciardiello steven	sold (taxes)	-102,943	45.21	-2,277	chief accounting officer
Mar 07, 2024	oringer jonathan	sold	-2,648,740	50.9921	-51,944	executive chairman

Which funds bought or sold SSTK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-15.00	275	-%
Apr 18, 2024	Integrity Wealth Solutions LLC	sold off	-100	-238,416	-	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-99.98	-939,440	137	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-42.00	779	-%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	reduced	-40.86	-541,621	692,464	0.04%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-3.56	-28,443	306,331	-%
Apr 15, 2024	Legato Capital Management LLC	unchanged	-	-19,274	357,455	0.04%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	sold off	-100	-4,635	-	-%
Apr 15, 2024	Sunbelt Securities, Inc.	new	-	10,078	10,078	-%
Apr 12, 2024	Bridge City Capital, LLC	added	0.79	-54,225	1,186,570	0.43%

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
Apr 08, 2024	4	Insider Trading
Apr 05, 2024	144	Notice of Insider Sale Intent
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 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	1.9T	307.4B	4.03%	47.03%	26.29	6.31	8.68%	23.05%
META	1.2T	134.9B	-4.85%	125.74%	31.67	9.18	15.69%	68.52%
DASH	50.0B	8.6B	-7.79%	113.52%	-89.55	5.79	31.17%	59.12%
SNAP	18.9B	4.6B	-0.36%	10.06%	-14.3	4.11	0.09%	7.50%
MID-CAP
MTCH	8.6B	3.4B	-10.66%	-7.08%	13.23	2.56	5.51%	81.01%
YELP	2.7B	1.3B	1.34%	34.54%	27.05	2.01	12.03%	172.85%
SMALL-CAP
GETY	1.6B	916.6M	-21.04%	-	81.68	1.74	-1.05%	125.21%
EVER	657.9M	287.9M	5.03%	130.04%	-12.83	2.29	-28.75%	-110.05%
GRPN	370.6M	514.9M	-36.39%	139.04%	-6.69	0.72	-14.05%	76.68%
SCOR	68.7M	371.3M	-7.47%	-34.19%	-0.87	0.19	-1.35%	-19.23%
IZEA	42.7M	36.2M	24.88%	9.40%	-5.82	1.18	-11.88%	-64.43%
DGLY	6.0M	28.2M	-19.62%	-40.34%	-0.23	0.21	-23.67%	-236.48%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-6.9%	217	233	209	215	218	204	207	199	206	194	190	183	181	165	159	161	166	159	162	163	162
Costs and Expenses	-0.4%	215	216	200	175	210	175	181	167	191	172	157	145	153	136	137	156	161	156	159	155	146
S&GA Expenses	11.6%	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	43.00
R&D Expenses	-16.6%	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	12.00
EBITDA Margin	-2.2%	0.23*	0.24*	0.24*	0.21*	0.19*	0.20*	0.19*	0.20*	0.20*	0.22*	0.24*	0.23*	-	-	-	-	-	-	-	-	-
Interest Expenses	-38.7%	0.00	1.00	0.00	0.00	1.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	480.4%	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	2.00
Earnings Before Taxes	-92.5%	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	17.00
EBT Margin	-4.9%	0.14*	0.15*	0.15*	0.12*	0.11*	0.12*	0.11*	0.13*	0.14*	0.16*	0.18*	0.17*	-	-	-	-	-	-	-	-	-
Net Income	-103.5%	-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	15.00
Net Income Margin	-6.8%	0.13*	0.14*	0.13*	0.10*	0.09*	0.11*	0.10*	0.11*	0.12*	0.13*	0.15*	0.14*	-	-	-	-	-	-	-	-	-
Free Cashflow	1411.8%	24.00	-1.83	19.00	54.00	51.00	26.00	28.00	11.00	48.00	49.00	65.00	27.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.0%	1,036	1,016	1,004	843	881	840	849	796	852	841	796	755	730	688	626	615	631	617	593	587	531
Current Assets	8.6%	293	269	273	179	216	161	163	340	388	376	484	441	489	451	386	370	377	364	333	321	307
Cash Equivalents	33.6%	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	233
Net PPE	3.8%	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	76.00
Goodwill	0.3%	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	89.00	-
Liabilities	5.2%	509	484	485	366	434	410	419	352	383	366	331	315	308	298	283	287	302	301	289	293	245
Current Liabilities	6.6%	452	424	408	313	384	360	368	304	334	315	283	265	257	245	229	232	246	248	229	232	223
LT Debt, Current	0%	30.00	30.00	30.00	-	50.00	50.00	50.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-0.9%	527	532	520	477	447	431	429	444	468	475	465	441	422	390	344	328	328	316	304	295	287
Retained Earnings	-3.0%	343	353	335	294	271	273	258	247	230	220	212	190	168	149	132	119	0.00	117	112	109	101
Additional Paid-In Capital	2.8%	424	413	403	396	391	380	371	374	377	368	360	357	361	350	319	317	313	308	299	292	292
Shares Outstanding	-0.5%	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	37.00	37.00	36.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	239.0%	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	33,685
Share Based Compensation	-7.8%	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	5,875
Cashflow From Investing	80.4%	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	-6,375
Cashflow From Financing	23.1%	-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	-1,208
Dividend Payments	0.1%	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	-38.7%	9,201	15,004	4,000	-	-	16,551	18,565	38,372	22,322	4,171	-	-	-	-	-	-	-	-	-	-	-

SSTK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 874,587	$ 827,826	$ 773,415
Operating expenses:
Cost of revenue	352,630	314,306	277,659
Sales and marketing	214,749	203,154	204,878
Product development	96,162	65,434	52,014
General and administrative	142,646	132,644	130,758
Impairment of lease and related assets	0	18,664	0
Total operating expenses	806,187	734,202	665,309
Income from operations	68,400	93,624	108,106
Bargain purchase gain	50,261	0	0
Interest income / (expense) and other	3,807	(2,587)	(3,370)
Income before income taxes	122,468	91,037	104,736
Provision for income taxes	12,199	14,934	12,853
Net income	$ 110,269	$ 76,103	$ 91,883
Earnings per share:
Basic (in dollars per share)	$ 3.07	$ 2.11	$ 2.52
Diluted (in dollars per share)	$ 3.04	$ 2.08	$ 2.46
Weighted average shares outstanding:
Basic (in shares)	35,878	36,042	36,509
Diluted (in shares)	36,242	36,546	37,324

SSTK Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 100,490	$ 115,154
Accounts receivable, net of allowance of $6,335 and $5,830	91,139	67,249
Prepaid expenses and other current assets	100,944	33,268
Total current assets	292,573	215,671
Property and equipment, net	64,300	54,548
Right-of-use assets	15,395	17,593
Intangible assets, net	184,396	173,087
Goodwill	383,325	381,920
Deferred tax assets, net	24,874	16,533
Other assets	71,152	21,832
Total assets	1,036,015	881,184
Current liabilities:
Accounts payable	9,108	7,183
Accrued expenses	131,443	89,387
Contributor royalties payable	54,859	38,649
Deferred revenue	203,463	187,070
Debt	30,000	50,000
Other current liabilities	23,513	11,445
Total current liabilities	452,386	383,734
Deferred tax liability, net	4,182	4,465
Lease liabilities	29,404	35,611
Other non-current liabilities	22,949	9,892
Total liabilities	508,921	433,702
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $0.01 par value; 200,000 shares authorized; 39,981 and 39,605 shares issued and 35,571 and 35,829 shares outstanding as of December 31, 2023 and December 31, 2022, respectively	399	396
Treasury stock, at cost; 4,410 and 3,776 shares as of December 31, 2023 and December 31, 2022, respectively	(228,213)	(200,008)
Additional paid-in capital	424,229	391,482
Accumulated other comprehensive loss	(11,974)	(15,439)
Retained earnings	342,653	271,051
Total stockholders’ equity	527,094	447,482
Total liabilities and stockholders’ equity	$ 1,036,015	$ 881,184

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 Fri Apr 19 2024, market cap of Shutterstock Inc is 1.46 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 Fri Apr 19 2024, SSTK's PE ratio (Price to Earnings) is 13.21 and Price to Sales (PS) ratio is 1.67. 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 -0.047 (multiply by 100 for percentage) rate of return.