Getty Images (NYSE:GETY) Issues Earnings Results

Getty Images (NYSE:GETY - Get Free Report) issued its earnings results on Monday. The company reported ($0.01) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $245.50 million. The firm's revenue was up 9.5% compared to the same quarter last year. Getty Images updated its FY 2025 guidance to EPS.

Getty Images Stock Up 1.6 %

Getty Images stock traded up $0.04 during mid-day trading on Friday, reaching $2.23. The company's stock had a trading volume of 335,897 shares, compared to its average volume of 1,088,263. The company has a market capitalization of $917.96 million, a price-to-earnings ratio of 18.54 and a beta of 1.97. Getty Images has a 12 month low of $1.90 and a 12 month high of $5.00. The business's 50 day simple moving average is $2.43 and its 200 day simple moving average is $2.98. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79.

Insider Activity at Getty Images

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

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Analyst Ratings Changes

GETY has been the subject of several research reports. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Getty Images in a research report on Wednesday, December 18th. Benchmark lowered their price objective on shares of Getty Images from $6.00 to $4.50 and set a "buy" rating for the company in a research report on Tuesday. Wedbush reissued an "outperform" rating and set a $7.70 price objective on shares of Getty Images in a research report on Thursday, March 13th. Finally, Macquarie reissued a "neutral" rating and set a $3.75 price objective on shares of Getty Images in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, one has issued 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 an average target price 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.