Getty Images (NYSE:GETY) Given "Neutral" Rating at Citigroup

Getty Images (NYSE:GETY - Get Free Report)'s stock had its "neutral" rating restated by analysts at Citigroup in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a $2.45 target price on the stock. Citigroup's price target suggests a potential upside of 37.25% from the company's previous close.

A number of other equities research analysts have also issued reports on GETY. Wedbush reiterated an "outperform" rating and issued a $7.70 target price on shares of Getty Images in a research note on Thursday, March 13th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Getty Images in a report on Wednesday, December 18th. Benchmark dropped their price objective on shares of Getty Images from $6.00 to $4.50 and set a "buy" rating on the stock in a research note on Tuesday, March 18th. Finally, Macquarie restated a "neutral" rating and issued a $3.75 target price on shares of Getty Images in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $4.60.

Getty Images Trading Down 7.5 %

Shares of GETY traded down $0.15 on Monday, hitting $1.79. 1,109,153 shares of the stock traded hands, compared to its average volume of 1,109,111. The firm has a market capitalization of $736.43 million, a P/E ratio of 14.88 and a beta of 1.97. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. Getty Images has a 1 year low of $1.77 and a 1 year high of $4.49. The stock's 50 day moving average is $2.35 and its two-hundred day moving average is $2.91.

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Getty Images (NYSE:GETY - Get Free Report) last issued its quarterly earnings results on Monday, March 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.05). Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The business had revenue of $247.30 million during the quarter, compared to analyst estimates of $245.50 million. Getty Images's revenue for the quarter was up 9.5% on a year-over-year basis. As a group, sell-side analysts predict that Getty Images will post 0.08 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Craig Warren Peters sold 124,624 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total value of $264,202.88. Following the completion of the sale, the chief executive officer now owns 1,262,948 shares of the company's stock, valued at approximately $2,677,449.76. The trade was a 8.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Cho Mikael sold 18,590 shares of the stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total transaction of $39,410.80. Following the transaction, the senior vice president now directly owns 123,862 shares in the company, valued at $262,587.44. The trade was a 13.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 226,668 shares of company stock worth $480,536 in the last three months. 12.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. BNP Paribas Financial Markets bought a new stake in shares of Getty Images during the 4th quarter valued at about $27,000. Aristeia Capital L.L.C. bought a new position in shares of Getty Images during the fourth quarter valued at approximately $28,000. Ameriprise Financial Inc. acquired a new stake in shares of Getty Images during the 4th quarter worth approximately $28,000. Virtu Financial LLC acquired a new stake in shares of Getty Images during the 4th quarter worth approximately $33,000. Finally, Oxford Asset Management LLP bought a new stake in shares of Getty Images in the 4th quarter worth approximately $33,000. 45.75% of the stock is currently owned by institutional investors.

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.