News stories about Shutterfly (NASDAQ:SFLY) have been trending somewhat positive on Thursday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shutterfly earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 45.0401583790086 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
SFLY has been the topic of several research reports. Aegis restated a “buy” rating and set a $56.00 price objective on shares of Shutterfly in a research note on Tuesday, October 24th. ValuEngine upgraded Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. BidaskClub upgraded Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Zacks Investment Research upgraded Shutterfly from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. Finally, Goldman Sachs Group restated a “neutral” rating and set a $47.00 price objective on shares of Shutterfly in a research note on Wednesday, October 11th. Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $53.60.
Shutterfly (NASDAQ:SFLY) opened at $52.26 on Thursday. The company has a market capitalization of $1,720.00, a P/E ratio of -1,045.20 and a beta of 0.84. Shutterfly has a fifty-two week low of $39.76 and a fifty-two week high of $53.99.
Shutterfly (NASDAQ:SFLY) last posted its earnings results on Tuesday, October 24th. The technology company reported ($0.78) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.79) by $0.01. The company had revenue of $195.44 million during the quarter, compared to analyst estimates of $191.65 million. Shutterfly had a return on equity of 4.66% and a net margin of 0.81%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.86) earnings per share. sell-side analysts predict that Shutterfly will post 0.45 EPS for the current fiscal year.
In related news, CFO Michael W. Pope sold 35,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $42.08, for a total value of $1,472,800.00. Following the completion of the transaction, the chief financial officer now directly owns 17,500 shares of the company’s stock, valued at approximately $736,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ishantha Lokuge sold 7,162 shares of the stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $48.85, for a total value of $349,863.70. Following the completion of the transaction, the senior vice president now directly owns 7,162 shares of the company’s stock, valued at $349,863.70. The disclosure for this sale can be found here. Insiders have sold 71,003 shares of company stock valued at $3,060,675 over the last ninety days. Corporate 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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