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SSTK

SSTK - Shutterstock Inc Stock Price, Fair Value and News

40.80USD-0.80 (-1.92%)Market Closed

Market Summary

SSTK
USD40.80-0.80
Market Closed
-1.92%

SSTK Alerts

  • 1 major insider sales recently.

SSTK Stock Price

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SSTK RSI Chart

SSTK Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

13.15

Price/Sales (Trailing)

1.66

EV/EBITDA

6.62

Price/Free Cashflow

15.12

SSTK Price/Sales (Trailing)

SSTK Profitability

EBT Margin

14.00%

Return on Equity

20.92%

Return on Assets

10.64%

Free Cashflow Yield

6.61%

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

Last 7 days

-6.8%

Last 30 days

-16.0%

Last 90 days

-14.9%

Trailing 12 Months

-44.1%

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
YearQ1Q2Q3Q4
2023844.0M845.9M875.1M874.6M
2022789.3M806.2M815.9M827.8M
2021688.7M719.4M748.6M773.4M
2020648.5M646.0M652.1M666.7M
2019633.6M638.7M646.2M650.5M
2018579.9M602.5M613.0M623.3M
2017507.9M517.5M535.5M557.1M
2016444.3M464.3M480.1M494.3M
2015352.7M376.8M400.4M425.1M
2014257.2M280.6M304.8M328.0M
2013183.2M199.3M216.6M235.5M
2012132.4M144.1M155.2M169.6M
201192.3M101.6M110.9M120.3M
201000083.0M
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Tracking the Latest Insider Buys and Sells of Shutterstock Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold SSTK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
Range Financial Group LLC
new
-
958,712
958,712
0.50%
Apr 12, 2024
AdvisorNet Financial, Inc
sold off
-100
-338
-
-%
Apr 12, 2024
Bridge City Capital, LLC
added
0.79
-54,225
1,186,570
0.43%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
1,328
1,328
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
reduced
-40.65
-2,594
3,344
-%
Apr 05, 2024
GAMMA Investing LLC
added
310
10,450
13,926
-%
Apr 05, 2024
LOS ANGELES CAPITAL MANAGEMENT LLC
new
-
576,473
576,473
-%
Apr 05, 2024
CWM, LLC
added
15.62
1,000
7,000
-%
Apr 05, 2024
Carolina Wealth Advisors, LLC
added
3.69
-85,771
5,217,260
2.83%
Apr 03, 2024
WealthCollab, LLC
new
-
13,809
13,809
0.01%

1–10 of 46

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 FiledName of FilerPercent of ClassNo. of SharesForm 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)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.9T
307.4B
9.96% 42.82%
26.4
6.34
8.68% 23.05%
1.3T
134.9B
3.31% 125.81%
32.93
9.54
15.69% 68.52%
52.2B
8.6B
1.83% 115.39%
-93.62
6.05
31.17% 59.12%
17.5B
4.6B
-7.60% -3.27%
-13.25
3.8
0.09% 7.50%
MID-CAP
8.6B
3.4B
-4.68% -9.56%
13.16
2.55
5.51% 81.01%
2.7B
1.3B
6.74% 30.50%
27.57
2.05
12.03% 172.85%
SMALL-CAP
1.5B
916.6M
-27.08% -
-35.71
1.67
-1.05% -234.38%
636.1M
287.9M
9.34% 121.59%
-12.4
2.21
-28.75% -110.05%
389.3M
514.9M
-20.65% 166.40%
-7.03
0.76
-14.05% 76.68%
71.7M
371.3M
-4.80% -30.23%
-0.9
0.19
-1.35% -19.23%
42.4M
36.2M
25.62% 4.51%
-5.77
1.17
-11.88% -64.43%
6.2M
28.2M
-11.20% -43.08%
-0.23
0.22
-23.67% -236.48%

Shutterstock Inc News

Latest updates
Defense World46 hours ago
Seeking Alpha05 Apr 202409:52 pm
InvestorsObserver01 Apr 202407:00 am
InvestorsObserver28 Mar 202404:15 pm
The Motley Fool21 Feb 202408:00 am

Shutterstock Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-6.9%217233209215218204207199206194190183181165159161166159162163162
Costs and Expenses-0.4%215216200175210175181167191172157145153136137156161156159155146
  S&GA Expenses11.6%63.0056.0048.0048.0048.0048.0054.0053.0063.0054.0046.0042.0044.0037.0036.0043.0047.0046.0044.0044.0043.00
  R&D Expenses-16.6%23.0028.0029.0015.0017.0018.0017.0014.0016.0014.0012.0011.0010.0011.0012.0013.0015.0014.0014.0015.0012.00
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%0.001.000.000.001.000.000.00--------------
Income Taxes480.4%3.00-0.811.009.001.004.003.006.00-2.774.005.006.006.006.004.002.004.00-1.290.001.002.00
Earnings Before Taxes-92.5%2.0028.0051.0041.009.0027.0023.0033.0014.0020.0035.0036.0032.0028.0023.006.009.004.004.009.0017.00
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%-1.0128.0050.0033.007.0023.0019.0027.0017.0016.0029.0030.0026.0023.0019.004.004.005.003.008.0015.00
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 Cashflow1411.8%24.00-1.8319.0054.0051.0026.0028.0011.0048.0049.0065.0027.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.0%1,0361,0161,004843881840849796852841796755730688626615631617593587531
  Current Assets8.6%293269273179216161163340388376484441489451386370377364333321307
    Cash Equivalents33.6%10175.0087.0096.0011576.0084.00258314301411364429383311296306288262243233
  Net PPE3.8%64.0062.0059.0057.0055.0055.0053.0050.0048.0049.0050.0050.0051.0053.0054.0057.0059.0063.0068.0073.0076.00
  Goodwill0.3%38338238338338238037821922022014914989.0089.0088.0088.0089.0088.0088.0089.00-
Liabilities5.2%509484485366434410419352383366331315308298283287302301289293245
  Current Liabilities6.6%452424408313384360368304334315283265257245229232246248229232223
    LT Debt, Current0%30.0030.0030.00-50.0050.0050.00--------------
Shareholder's Equity-0.9%527532520477447431429444468475465441422390344328328316304295287
  Retained Earnings-3.0%3433533352942712732582472302202121901681491321190.00117112109101
  Additional Paid-In Capital2.8%424413403396391380371374377368360357361350319317313308299292292
Shares Outstanding-0.5%36.0036.0036.0036.0036.0036.0036.0036.0037.0037.0036.0036.00---------
Float---1,203---1,384---2,304---684---746--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations239.0%33,94910,01429,81466,77561,16237,71536,85122,72354,51454,64271,38835,82864,84763,88229,4846,85925,62630,27727,03419,70933,685
  Share Based Compensation-7.8%11,98813,00314,9438,64311,7839,0887,0437,8269,5408,7439,6868,21010,6288,2853,6365,7604,9315,5097,7514,6245,875
Cashflow From Investing80.4%7,5994,213-50,191-15,937-17,645-17,582-227,798-12,525-8,031-151,444-9,750-81,213-13,222-6,650-7,027-8,411-8,291-6,465-7,180-5,298-6,375
Cashflow From Financing23.1%-19,470-25,30512,738-70,667-9,210-24,88020,177-65,574-31,296-12,681-14,374-19,371-6,26116,579-7,104-7,80179.003,188-1,087-3,876-1,208
  Dividend Payments0.1%9,6449,6369,7259,6628,5858,6338,6658,7067,6517,6837,6717,6466,1546,1496,0586,040-----
  Buy Backs-38.7%9,20115,0044,000--16,55118,56538,37222,3224,171-----------

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 revenue352,630314,306277,659
Sales and marketing214,749203,154204,878
Product development96,16265,43452,014
General and administrative142,646132,644130,758
Impairment of lease and related assets018,6640
Total operating expenses806,187734,202665,309
Income from operations68,40093,624108,106
Bargain purchase gain50,26100
Interest income / (expense) and other3,807(2,587)(3,370)
Income before income taxes122,46891,037104,736
Provision for income taxes12,19914,93412,853
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)35,87836,04236,509
Diluted (in shares)36,24236,54637,324

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 $5,83091,13967,249
Prepaid expenses and other current assets100,94433,268
Total current assets292,573215,671
Property and equipment, net64,30054,548
Right-of-use assets15,39517,593
Intangible assets, net184,396173,087
Goodwill383,325381,920
Deferred tax assets, net24,87416,533
Other assets71,15221,832
Total assets1,036,015881,184
Current liabilities:  
Accounts payable9,1087,183
Accrued expenses131,44389,387
Contributor royalties payable54,85938,649
Deferred revenue203,463187,070
Debt30,00050,000
Other current liabilities23,51311,445
Total current liabilities452,386383,734
Deferred tax liability, net4,1824,465
Lease liabilities29,40435,611
Other non-current liabilities22,9499,892
Total liabilities508,921433,702
Commitments and contingencies (Note 16)
Stockholders’ equity:  
Common stock, $0.01 par value; 200,000 shares authorized; 39,981 and 39,605 shares issued and 35,571 and 35,829 shares outstanding as of December 31, 2023 and December 31, 2022, respectively399396
Treasury stock, at cost; 4,410 and 3,776 shares as of December 31, 2023 and December 31, 2022, respectively(228,213)(200,008)
Additional paid-in capital424,229391,482
Accumulated other comprehensive loss(11,974)(15,439)
Retained earnings342,653271,051
Total stockholders’ equity527,094447,482
Total liabilities and stockholders’ equity$ 1,036,015$ 881,184
SSTK
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
 WEBSITEshutterstock.com
 INDUSTRYInternet Retail
 EMPLOYEES1328

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 Mon Apr 15 2024, market cap of Shutterstock Inc is 1.45 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 Mon Apr 15 2024, SSTK's PE ratio (Price to Earnings) is 13.15 and Price to Sales (PS) ratio is 1.66. 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 -0.044 (multiply by 100 for percentage) rate of return.