News stories about Shutterfly (NASDAQ:SFLY) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shutterfly earned a news impact score of 0.12 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 44.7696840026944 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Shutterfly, Inc. Expected to Post FY2022 Earnings of $2.81 Per Share (SFLY) (americanbankingnews.com)
- Shutterfly, Inc. (SFLY) has analyst mean rating score of 2.60 – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Shutterfly (SFLY) PT Raised to $60.00 at SunTrust Banks (americanbankingnews.com)
- Shutterfly Target of Unusually Large Options Trading (SFLY) (americanbankingnews.com)
- Sell-Side Views in Focus for Shutterfly, Inc. (NASDAQ:SFLY) – Clawson News (clawsonnews.com)
A number of research analysts have issued reports on the stock. Aegis restated a “buy” rating and set a $56.00 price target on shares of Shutterfly in a research note on Tuesday, October 24th. SunTrust Banks upped their price target on shares of Shutterfly to $60.00 and gave the company a “buy” rating in a research note on Friday. ValuEngine upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. BidaskClub upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Finally, Zacks Investment Research upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $54.00.
Shares of Shutterfly (NASDAQ SFLY) opened at $53.08 on Tuesday. The firm has a market cap of $1,742.76, a price-to-earnings ratio of 279.37 and a beta of 0.84. Shutterfly has a 52 week low of $39.76 and a 52 week high of $53.99.
Shutterfly (NASDAQ:SFLY) last released its quarterly earnings data on Tuesday, October 24th. The technology company reported ($0.78) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.79) by $0.01. The firm had revenue of $195.44 million for the quarter, compared to analyst estimates of $191.65 million. Shutterfly had a net margin of 0.81% and a return on equity of 4.66%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.86) earnings per share. research analysts expect that Shutterfly will post 0.45 earnings per share for the current fiscal year.
In other news, SVP Satish Menon sold 25,000 shares of the stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $42.30, for a total value of $1,057,500.00. Following the sale, the senior vice president now owns 38,221 shares in the company, valued at $1,616,748.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael W. Pope sold 35,000 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $42.08, for a total transaction of $1,472,800.00. Following the sale, the chief financial officer now directly owns 17,500 shares in the company, valued at $736,400. The disclosure for this sale can be found here. Insiders sold 68,165 shares of company stock worth $2,923,685 in the last quarter. Company insiders own 0.80% of the company’s stock.
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Shutterfly Company Profile
Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.
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