Shutterstock Inc SSTK

$4.34 -0.07 (-1.59%)

Valuation

Market cap
162,941,000
Revenue TTM
$989,930,000
Net income TTM
$45,500,000
PE ratio
2.27
Forward PE
—
Profit margin
4.60%
Debt to equity
0.75

Trading

Volume
552,000
Avg volume
830,332
Day's range
$4.32 – $4.46
Shares out
36,948,000
Stochastic %K
20%
Beta
1.16
Analysts
Sell
Price target
$25.00

Price

Company profile

Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company 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...

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Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company 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 in 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. It also provides 3 dimensional models consisting of 3D models used in various industries, such as advertising, media and video production, gaming, retail, education, design, and architecture; and generative AI content comprising images generated from algorithms trained with ethically sourced content. In addition, the company operates a collection of graphics interchange format visuals and stickers that supplies casual conversational content. It offers its services under the Shutterstock, Envato, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, and Bigstock brand names. The company serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators through digital, live sales, services, and client management channels. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.

Industry
Internet Content & Information
Sector
Communication Services
Phone
646 710 3417
Website
https://www.shutterstock.com
Address
350 Fifth Avenue, 20th Floor, New York, United States

Latest news

Stocktwits

unrestrainedfury Oct 30, 11:39 AM
$SSTK The big teaser..... "will provide further updates on its strategic review as appropriate"
0 replies
tempoflare Oct 30, 9:23 AM
$SSTK Oringer makes his return! https://www.investing.com/news/company-news/shutterstock-founder-jon-oringer-returns-as-chief-executive-93CH-4985266
0 replies
unrestrainedfury Oct 30, 9:21 AM
$SSTK another new Envato video, give these likes and share..... https://vt.tiktok.com/ZSgW6o9CA/
0 replies
unrestrainedfury Oct 30, 6:13 AM
$SSTK after some digestion I'm thinking the Getty merger is back in play. wrapping up Getty and Shutterstock provide a very compressive and desirable AI training data set. Not only for training but also for updating the AI capabilities. obviously if training was set to and stopped in 1970 things would look disco and 1970. These AI's have to be continuously updated. Getty leaving the UK editorial business is a small price to pay for this merger to commence. There are fantastic synergies with this combination. The Getty and koch families put up large chunks of cash again to save Getty they obviously think there is a business there that will create profits..... truth is Shutterstock is undervalued at 27 PPS but I would take it.......
1 replies
Goblinvomit Oct 30, 5:55 AM
$SSTK Oringer coming back is the best possible outcome for the CEO. He is at the forefront of AI and how best to navigate it.
0 replies
csmclemore Oct 30, 3:29 AM
$SSTK CEO Oringer
0 replies
unrestrainedfury Oct 30, 2:13 AM
$SSTK So the earnings call was cancelled. If they are selling the company again anything lower than 20 is criminal and we should sue. for all we know programic advertising at Giphy appears successful and we are getting bought out at a premium to the last offer. That said Getty did mention they would possibly leave the UK in editorial maybe that offer for 27 stands with newly issued Getty stock.... I'm very excited to see what the future holds!
1 replies
Golferhack12 Oct 29, 10:20 PM
$SSTK this is not the news we were looking for I don't know how the CEO is going to sugar coat the company and I wish they would have found somebody that had fresher ideas they took 3 months to hire back the founder stocks going down
1 replies