Shutterfly (NASDAQ:SFLY) issued its quarterly earnings data on Tuesday. The technology company reported ($2.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.42) by $0.22, MarketWatch Earnings reports. The firm had revenue of $368.76 million during the quarter, compared to analysts’ expectations of $377.54 million. Shutterfly had a positive return on equity of 3.97% and a negative net margin of 0.97%. Shutterfly’s revenue was up 88.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.78) earnings per share.
Shutterfly stock traded up $2.32 during mid-day trading on Thursday, hitting $52.32. 272,183 shares of the company were exchanged, compared to its average volume of 616,066. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.66 and a current ratio of 1.72. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 49.83, a PEG ratio of 1.03 and a beta of 0.95. Shutterfly has a 12-month low of $39.76 and a 12-month high of $100.34.
In other news, CAO Lisa Blackwood-Kapral sold 435 shares of Shutterfly stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of $73.72, for a total value of $32,068.20. Following the completion of the sale, the chief accounting officer now owns 1,250 shares of the company’s stock, valued at $92,150. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Michael W. Pope sold 17,458 shares of Shutterfly stock in a transaction on Monday, October 29th. The shares were sold at an average price of $58.60, for a total value of $1,023,038.80. Following the completion of the sale, the chief financial officer now directly owns 17,500 shares of the company’s stock, valued at approximately $1,025,500. The disclosure for this sale can be found here. Insiders have sold 56,222 shares of company stock valued at $3,731,954 in the last three months. 0.80% of the stock is currently owned by company insiders.
Several equities analysts recently issued reports on SFLY shares. Zacks Investment Research cut Shutterfly from a “hold” rating to a “sell” rating in a report on Tuesday, October 9th. ValuEngine downgraded Shutterfly from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. Robert W. Baird raised their price target on Shutterfly from $85.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, July 6th. SunTrust Banks dropped their price target on Shutterfly to $100.00 and set a “buy” rating for the company in a research report on Wednesday, October 17th. Finally, TheStreet downgraded Shutterfly from a “b-” rating to a “c+” rating in a research report on Tuesday, September 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Shutterfly currently has a consensus rating of “Hold” and a consensus price target of $90.80.
Shutterfly Company Profile
Shutterfly, Inc manufactures and retails personalized products and services primarily in the United States, Canada, and the European Community. The company operates through Consumer and Shutterfly Business Solutions segments. It offers a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.
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