Getty Images (NYSE:GETY) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Getty Images (NYSE:GETY - Get Free Report) posted its quarterly earnings data on Monday. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.05), Zacks reports. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The firm had revenue of $247.30 million for the quarter, compared to analysts' expectations of $245.50 million. The company's revenue was up 9.5% compared to the same quarter last year. Getty Images updated its FY 2025 guidance to EPS.

Getty Images Price Performance

GETY traded up $0.04 on Friday, hitting $2.23. 335,897 shares of the company's stock traded hands, compared to its average volume of 1,088,263. The company's 50 day simple moving average is $2.43 and its 200-day simple moving average is $2.98. The firm has a market cap of $917.96 million, a price-to-earnings ratio of 18.54 and a beta of 1.97. Getty Images has a one year low of $1.90 and a one year high of $5.00. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84.

Insider Activity at Getty Images

In other news, CEO Craig Warren Peters sold 32,753 shares of Getty Images stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total value of $72,056.60. Following the completion of the transaction, the chief executive officer now owns 1,212,648 shares in the company, valued at approximately $2,667,825.60. The trade was a 2.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jennifer Leyden sold 12,342 shares of Getty Images stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total value of $27,152.40. Following the completion of the transaction, the chief financial officer now owns 261,034 shares of the company's stock, valued at approximately $574,274.80. This trade represents a 4.51 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,521 shares of company stock valued at $155,146. 12.30% of the stock is owned by company insiders.

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Wall Street Analysts Forecast Growth

Several research firms have recently commented on GETY. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Getty Images in a research note on Wednesday, December 18th. Macquarie reaffirmed a "neutral" rating and issued a $3.75 price objective on shares of Getty Images in a research note on Wednesday, January 8th. Wedbush reaffirmed an "outperform" rating and issued a $7.70 price objective on shares of Getty Images in a research note on Thursday, March 13th. Finally, Benchmark decreased their price objective on Getty Images from $6.00 to $4.50 and set a "buy" rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $5.24.

Getty Images Company Profile

Getty Images Holdings, Inc offers creative and editorial visual content solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its products include Getty Images that offers creative and editorial content including stills, music and video which focuses on corporate, agency, and media customers; iStock.com, an e-commerce offering where customers have access to creative stills and video; Unsplash.com, a platform offering free stock photo downloads and paid subscriptions targeted to the high-growth prosumer and semi-professional creator segments; and Unsplash+ that provides access to unique model released content with expanded legal protections.