Media coverage about Shutterfly (NASDAQ:SFLY) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shutterfly earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.0741342678066 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s analysis:
- 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)
- Investment Research Analysts Opinion: Shutterfly, Inc. (SFLY), Scripps Networks Interactive, Inc. (SNI) – Newburgh Gazette (newburghgazette.com)
A number of equities analysts recently issued reports on the stock. SunTrust Banks boosted their target price on shares of Shutterfly to $60.00 and gave the stock a “buy” rating in a research report on Friday. BidaskClub raised shares of Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. ValuEngine raised shares of Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Zacks Investment Research downgraded shares of Shutterfly from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, Goldman Sachs Group reiterated a “neutral” rating and set a $47.00 price target on shares of Shutterfly in a research note on Wednesday, October 11th. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Shutterfly presently has a consensus rating of “Hold” and a consensus price target of $54.00.
Shares of Shutterfly (NASDAQ SFLY) opened at $53.08 on Friday. Shutterfly has a 52 week low of $39.76 and a 52 week high of $53.99. The firm has a market cap of $1,742.78, a price-to-earnings ratio of 85.61 and a beta of 0.84.
Shutterfly (NASDAQ:SFLY) last posted its quarterly earnings results 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. Shutterfly had a net margin of 0.81% and a return on equity of 4.66%. The firm had revenue of $195.44 million for the quarter, compared to the consensus estimate of $191.65 million. During the same quarter in the previous year, the company earned ($0.86) earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. equities research analysts expect that Shutterfly will post 0.45 earnings per share for the current fiscal year.
In other news, SVP Ishantha Lokuge sold 7,162 shares of the business’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $48.85, for a total value of $349,863.70. Following the sale, the senior vice president now owns 7,162 shares in the company, valued at approximately $349,863.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Satish Menon sold 25,000 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $42.30, for a total transaction of $1,057,500.00. Following the completion of the sale, the senior vice president now owns 38,221 shares in the company, valued at approximately $1,616,748.30. The disclosure for this sale can be found here. Insiders have sold 71,003 shares of company stock worth $3,060,675 in the last quarter. 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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