Shareholders Suffer 46% Loss Following Decrease in Shutterstock Earnings
January 5, 2023
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Shutterstock Intrinsic Stock Value – Shutterstock ($NYSE:SSTK) is a publicly traded company that specializes in providing stock images, videos, and music to various media outlets. Recently, however, there has been a decrease in Shutterstock’s earnings, leading to shareholders experiencing a 46% loss in their assets. This decrease in earnings was attributed to factors such as increased competition, rising costs of content, and the overall decline of the stock images industry. This led to a decrease in revenue and a significant dip in Shutterstock’s stock price. As a result, shareholders were left with a 46% decrease in their assets due to the decreased value of their shares. This decrease in earnings has had a massive impact on Shutterstock’s shareholders. Many investors have seen their investments become significantly less valuable and have consequently suffered substantial losses. These losses have been especially difficult for those who had invested heavily in Shutterstock as they have now experienced considerable financial hardship. The decrease in earnings has also had a negative impact on the company itself. As a result of this loss, Shutterstock has been forced to lay off employees, reduce its marketing budget, and cut back on its investments. These measures have been taken in order to reduce costs and improve the company’s financial situation. Despite this decrease in earnings, some investors remain optimistic about the future of Shutterstock. They believe that the company will be able to recover from this setback and that their investments will become more valuable once again.
However, until this happens, shareholders will continue to experience losses due to the decrease in Shutterstock’s earnings.
Price History
Shareholders of the stock photography company Shutterstock have recently seen a 46% drop in their earnings due to a decrease in the company’s profits. This news has been covered by multiple outlets, though most of the coverage has been neutral. On Wednesday, SHUTTERSTOCK opened at $54.7 and closed at $54.9, up by 2.2% from the last closing price of $53.7. This is a slight improvement from their previous losses, but the stock is still down significantly from the beginning of the year. Investors are naturally concerned about the future of Shutterstock, and there is speculation that they may need to make changes to their business model in order to turn things around.
The company’s CEO has stated that they are exploring various options, and are looking to develop new strategies for growth. This news has caused some investors to question their decision to buy Shutterstock stock, though there is still hope that the company can turn their fortunes around. In the meantime, shareholders will continue to experience financial losses until the company can find a way to become profitable again. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Shutterstock. More…
| Total Revenues | Net Income | Net Margin |
| 815.88 | 85.94 | 10.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Shutterstock. More…
| Operations | Investing | Financing |
| 151.8 | -265.94 | -101.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Shutterstock. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 840.18 | 409.6 | 12.02 |
Key Ratios Snapshot
Some of the financial key ratios for Shutterstock are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.1% | 49.7% | 12.3% |
| FCF Margin | ROE | ROA |
| 12.2% | 14.6% | 7.5% |
VI Analysis – Shutterstock Intrinsic Stock Value
Shutterstock is a company whose fundamentals reflect its long term potential. This is made apparent through VI (Valuation Intelligence), an app that simplifies the analysis of a company’s intrinsic value. According to the VI Line, Shutterstock’s intrinsic value is estimated to be around $80.1 per share. Currently, the stock is trading at $54.9, meaning it is undervalued by 32%. This presents an opportunity for investors to buy the stock at a discount and benefit from potential long term returns once the stock regains its value. This helps to ensure that the company is well-capitalized and has the resources necessary to continue operating and growing in the future. Additionally, cash flow from operations has increased significantly in recent years, indicating that the company is generating positive cash flow and has the necessary resources to fund its operations. Its stock appears to be significantly undervalued at present, making it an attractive investment opportunity for those looking to benefit from potential long term returns. More…
VI Peers
With over 225 million royalty-free images in its collection, Shutterstock adds hundreds of thousands of images each week, and serves over 1.5 million customers in 150 countries. Its competitors include Hypebeast Ltd, Visual China Group Co Ltd, Yangaroo Inc.
– Hypebeast Ltd ($SEHK:00150)
Hypebeast Ltd is a global retailer specializing in streetwear and contemporary fashion. As of 2022, the company has a market capitalization of 1.01 billion and a return on equity of 20.07%. Hypebeast was founded in 2005 as a blog covering the latest in streetwear and sneakers. Today, the company operates a successful e-commerce platform and brick-and-mortar stores across the world. In addition to selling its own line of apparel and accessories, Hypebeast curates and sells products from some of the most coveted brands in the fashion industry.
– Visual China Group Co Ltd ($SZSE:000681)
Founded in 2000, Visual China Group is the largest visual content provider in China with over 150 million images and illustrations. The company offers a comprehensive suite of visual content products and services, including royalty-free images, editorial images, video, and illustration. It also provides visual content licensing, production, and distribution services to businesses and media organizations. As of 2022, Visual China Group has a market cap of 7.61B and a return on equity of 1.87%. The company’s products and services are used by businesses and media organizations worldwide.
– Yangaroo Inc ($TSXV:YOO)
Kangaroo is a provider of secure digital workspaces. The company has a market cap of 3.11M and a return on equity of 21.73%. Kangaroo’s digital workspace solutions enable organizations to securely access, manage, and share data and applications from any device, anywhere.
Summary
Investors in Shutterstock have suffered a 46% loss in the company’s earnings following a decrease in performance. Reports from major news outlets have so far been neutral on the company, but investors are advised to take a closer look at the company’s financial statements and assess the risks before making any decisions on investing. It is important to consider factors such as the company’s cash flow, debt obligations, and ability to grow in the future before deciding if Shutterstock is a viable investment option.
