What Are The Chances Of Shutterstock Inc (NYSE: SSTK) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, SSTK falls under the Communication Services sector while operating within the Internet Content & Information industry segment. The current market capitalization of Shutterstock Inc is $1.25B. A total of 2.55 million shares were traded on the day, compared to an average of 516.17K shares.

In the most recent transaction, Bigley Deirdre Mary bought 5,304 shares of SSTK for 35.98 per share on Aug 19 ’24. In a previous transaction on May 23 ’24, Hennessy Paul J. bought 12,500 shares at 38.38 per share. SSTK shares that CHIEF EXECUTIVE OFFICER owns now total 87,803.

Among the insiders who bought shares, Yahes Jarrod acquired of 5,350 shares on May 24 ’24 at a per-share price of $37.35. This resulted in the CHIEF FINANCIAL OFFICER holding 43,904 shares of SSTK after the transaction. In another insider transaction, Caine John sold 5,439 shares at $42.91 per share on May 01 ’24. Company shares held by the GLOBAL HEAD OF ECOMMERCE now total 1,974.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Shutterstock Inc pays an annual dividend of $1.17, resulting in a dividend yield of 3.31%, and it has a price to earnings (P/E) ratio of 27.03. SSTK’s most recent ex-dividend date was 8/29/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 9/12/2024. Previously, the company paid the dividend on 6/13/2024 with an ex-dividend date of 5/30/2024. The SSTK stock dividend was $0.30 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SSTK has a high of $54.40 and a low of $32.38.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SSTK’s latest balance sheet shows that the firm has $314.02M in Cash & Short Term Investments as of fiscal 2021. There were $36.97M in debt and $333.78M in liabilities at the time. Its Book Value Per Share was $14.72, while its Total Shareholder’s Equity was $468.48M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SSTK is Buy with a score of 3.40.

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