Wedbush Has Negative Outlook for Getty Images Q1 Earnings

Getty Images Holdings, Inc. (NYSE:GETY - Free Report) - Analysts at Wedbush lowered their Q1 2025 earnings estimates for Getty Images in a note issued to investors on Tuesday, March 18th. Wedbush analyst M. Pachter now forecasts that the company will earn $0.01 per share for the quarter, down from their prior forecast of $0.03. Wedbush has a "Outperform" rating and a $7.70 price target on the stock. The consensus estimate for Getty Images' current full-year earnings is $0.08 per share. Wedbush also issued estimates for Getty Images' Q2 2025 earnings at $0.02 EPS and FY2027 earnings at $0.11 EPS.

GETY has been the topic of a number of other reports. Macquarie reissued a "neutral" rating and set a $3.75 price objective on shares of Getty Images in a report on Wednesday, January 8th. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Getty Images in a research note on Wednesday, December 18th. Finally, Benchmark reduced their price objective on Getty Images from $6.00 to $4.50 and set a "buy" rating for the company in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $5.24.

Getty Images Stock Up 1.1 %

Shares of GETY traded up $0.03 during midday trading on Wednesday, hitting $2.22. 1,437,172 shares of the company's stock traded hands, compared to its average volume of 1,091,761. Getty Images has a 1 year low of $1.90 and a 1 year high of $4.49. The firm's fifty day moving average is $2.42 and its 200-day moving average is $2.96. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84. The stock has a market capitalization of $913.84 million, a price-to-earnings ratio of 18.46 and a beta of 1.97.

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Getty Images (NYSE:GETY - Get Free Report) last issued its quarterly earnings data on Monday, March 17th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.05). Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The business 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% on a year-over-year basis.

Hedge Funds Weigh In On Getty Images

Several large investors have recently made changes to their positions in GETY. Intech Investment Management LLC acquired a new position in shares of Getty Images during the third quarter valued at approximately $44,000. BNP Paribas Financial Markets acquired a new stake in Getty Images in the 4th quarter valued at about $27,000. Aristeia Capital L.L.C. acquired a new stake in Getty Images in the 4th quarter valued at about $28,000. Ameriprise Financial Inc. acquired a new stake in Getty Images in the 4th quarter valued at about $28,000. Finally, Virtu Financial LLC acquired a new stake in Getty Images in the 4th quarter valued at about $33,000. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Getty Images

In related news, CFO Jennifer Leyden sold 12,342 shares of the business's 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 transaction, the chief financial officer now directly owns 261,034 shares in the company, valued at $574,274.80. The trade was a 4.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Craig Warren Peters sold 32,753 shares of the business's 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 70,521 shares of company stock worth $155,146 over the last three months. Company insiders own 12.30% of the company's stock.

About Getty Images

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.