Shutterstock, Inc., a technology company, provides content, and tools and services in North America, Europe, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$119.31|
|52 Week High||US$50.19|
|52 Week Low||US$120.13|
|1 Month Change||16.42%|
|3 Month Change||25.55%|
|1 Year Change||122.93%|
|3 Year Change||127.26%|
|5 Year Change||84.55%|
|Change since IPO||450.83%|
Recent News & Updates
Shutterstock: Image The Images
Shutterstock has been performing well on all fronts. The move to a subscription model is funnily enough only accelerating growth alongside the pandemic, accompanied by real bottom-line margin gains. All of this and a nice M&A make the situation interesting, if not for the fact that shares have done well already.
Estimating The Fair Value Of Shutterstock, Inc. (NYSE:SSTK)
Does the September share price for Shutterstock, Inc. ( NYSE:SSTK ) reflect what it's really worth? Today, we will...
|SSTK||US Online Retail||US Market|
Return vs Industry: SSTK exceeded the US Online Retail industry which returned 1.3% over the past year.
Return vs Market: SSTK exceeded the US Market which returned 33.8% over the past year.
Stable Share Price: SSTK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SSTK's weekly volatility (5%) has been stable over the past year.
About the Company
Shutterstock, Inc., a technology company, provides content, and tools and services 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 digital imagery. The company provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Select, Shutterstock Custom, Shutterstock Editorial, Offset, PremiumBeat brand names, as well as Application programming interface, and Editor and Editor Pro tools to enhance workflow and project management needs, and search capabilities.
Shutterstock Fundamentals Summary
|SSTK fundamental statistics|
Is SSTK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SSTK income statement (TTM)|
|Cost of Revenue||US$256.23m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.96|
|Net Profit Margin||14.93%|
How did SSTK perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is Shutterstock undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SSTK ($119.31) is trading above our estimate of fair value ($117.86)
Significantly Below Fair Value: SSTK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SSTK is poor value based on its PE Ratio (40.7x) compared to the US Online Retail industry average (33.9x).
PE vs Market: SSTK is poor value based on its PE Ratio (40.7x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: SSTK is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: SSTK is overvalued based on its PB Ratio (9.4x) compared to the US Online Retail industry average (4.8x).
How is Shutterstock forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSTK's forecast earnings growth (14.7% per year) is above the savings rate (2%).
Earnings vs Market: SSTK's earnings (14.7% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: SSTK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SSTK's revenue (9.2% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: SSTK's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SSTK's Return on Equity is forecast to be high in 3 years time
How has Shutterstock performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSTK has high quality earnings.
Growing Profit Margin: SSTK's current net profit margins (14.9%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: SSTK's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: SSTK's earnings growth over the past year (229.6%) exceeds its 5-year average (23% per year).
Earnings vs Industry: SSTK earnings growth over the past year (229.6%) exceeded the Online Retail industry 50%.
Return on Equity
High ROE: SSTK's Return on Equity (23.1%) is considered high.
How is Shutterstock's financial position?
Financial Position Analysis
Short Term Liabilities: SSTK's short term assets ($484.4M) exceed its short term liabilities ($282.5M).
Long Term Liabilities: SSTK's short term assets ($484.4M) exceed its long term liabilities ($48.0M).
Debt to Equity History and Analysis
Debt Level: SSTK is debt free.
Reducing Debt: SSTK has not had any debt for past 5 years.
Debt Coverage: SSTK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SSTK has no debt, therefore coverage of interest payments is not a concern.
What is Shutterstock current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSTK's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SSTK's dividend (0.7%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SSTK has been paying a dividend for less than 10 years.
Growing Dividend: SSTK's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.7%), SSTK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stan Pavlovsky (49 yo)
Mr. Stan Pavlovsky has been the Chief Executive Officer and Director at Shutterstock, Inc. since April 1, 2020 and served as President and Chief Operating Officer since June 25, 2019 until April 1, 2020 an...
CEO Compensation Analysis
Compensation vs Market: Stan's total compensation ($USD7.03M) is above average for companies of similar size in the US market ($USD5.27M).
Compensation vs Earnings: Stan's compensation has increased by more than 20% in the past year.
Experienced Management: SSTK's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: SSTK's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SSTK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shutterstock, Inc.'s employee growth, exchange listings and data sources
- Name: Shutterstock, Inc.
- Ticker: SSTK
- Exchange: NYSE
- Founded: 2003
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$4.369b
- Shares outstanding: 36.62m
- Website: https://www.shutterstock.com
Number of Employees
- Shutterstock, Inc.
- Empire State Building
- 21st Floor
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 22:09|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.