Shares of Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.25 and last traded at $1.47, with a volume of 3566671 shares. The stock had previously closed at $1.35.
Analysts Set New Price Targets
A number of equities research analysts have commented on GETY shares. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Getty Images in a research note on Wednesday, December 18th. Benchmark decreased their price objective on Getty Images from $6.00 to $4.50 and set a "buy" rating for the company in a report on Tuesday, March 18th. Citigroup reaffirmed a "neutral" rating and issued a $2.45 price target on shares of Getty Images in a report on Monday, March 24th. Macquarie reaffirmed a "neutral" rating and set a $3.75 target price on shares of Getty Images in a research note on Wednesday, January 8th. Finally, Wedbush reissued an "outperform" rating and issued a $7.70 price target on shares of Getty Images in a research note on Thursday, March 13th. One 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. According to MarketBeat.com, Getty Images currently has an average rating of "Hold" and a consensus price target of $4.60.
Check Out Our Latest Research Report on GETY
Getty Images Stock Performance
The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. The firm has a 50-day moving average price of $2.10 and a two-hundred day moving average price of $2.75. The firm has a market cap of $637.42 million, a PE ratio of 12.88 and a beta of 2.00.
Getty Images (NYSE:GETY - Get Free Report) last announced its earnings results on Monday, March 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.05). The business had revenue of $247.30 million for the quarter, compared to analyst estimates of $245.50 million. Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The firm's revenue was up 9.5% on a year-over-year basis. Research analysts forecast that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.
Insider Buying and Selling at Getty Images
In other Getty Images 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 transaction, the chief executive officer now directly owns 1,262,948 shares in the company, valued at $2,677,449.76. The trade was a 8.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Cho Mikael sold 18,590 shares of the firm's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total transaction of $39,410.80. Following the sale, the senior vice president now owns 123,862 shares of the company's stock, valued at $262,587.44. This represents a 13.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 226,668 shares of company stock worth $480,536. Insiders own 12.30% of the company's stock.
Hedge Funds Weigh In On Getty Images
A number of hedge funds have recently modified their holdings of GETY. Koch Inc. purchased a new position in Getty Images during the fourth quarter worth about $174,385,000. Toronto Dominion Bank acquired a new position in shares of Getty Images in the 4th quarter worth approximately $3,553,000. Wexford Capital LP purchased a new position in shares of Getty Images during the 4th quarter worth approximately $80,000. ProShare Advisors LLC increased its holdings in Getty Images by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 28,255 shares of the company's stock valued at $61,000 after purchasing an additional 9,297 shares during the last quarter. Finally, Occudo Quantitative Strategies LP purchased a new stake in Getty Images in the fourth quarter valued at approximately $168,000. 45.75% of the stock is currently owned by hedge funds and other institutional investors.
Getty Images Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Getty Images, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Getty Images wasn't on the list.
While Getty Images currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
