Shutterfly (SFLY) Earning Somewhat Positive Press Coverage, Study Finds

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Media stories about Shutterfly (NASDAQ:SFLY) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shutterfly earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.953090120882 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

SFLY has been the topic of several research reports. SunTrust Banks reiterated a “buy” rating and set a $111.00 price objective on shares of Shutterfly in a report on Tuesday, June 5th. BidaskClub lowered shares of Shutterfly from a “strong-buy” rating to a “buy” rating in a report on Friday, June 8th. ValuEngine lowered shares of Shutterfly from a “strong-buy” rating to a “buy” rating in a report on Monday, July 2nd. Zacks Investment Research lowered shares of Shutterfly from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 3rd. Finally, Robert W. Baird upped their price objective on shares of Shutterfly from $85.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, July 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $95.00.

Shares of NASDAQ SFLY opened at $73.73 on Thursday. The company has a current ratio of 1.72, a quick ratio of 1.66 and a debt-to-equity ratio of 2.01. Shutterfly has a 1-year low of $39.76 and a 1-year high of $100.34. The stock has a market cap of $2.60 billion, a PE ratio of 70.22, a P/E/G ratio of 1.20 and a beta of 0.95.

Shutterfly (NASDAQ:SFLY) last posted its earnings results on Tuesday, August 7th. The technology company reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.43) by $0.96. Shutterfly had a net margin of 2.26% and a return on equity of 13.03%. The company had revenue of $443.37 million for the quarter, compared to analyst estimates of $438.30 million. equities analysts anticipate that Shutterfly will post 2.69 EPS for the current year.

In related news, SVP Scott Arnold sold 52,017 shares of the company’s stock in a transaction dated Tuesday, July 3rd. The shares were sold at an average price of $89.65, for a total value of $4,663,324.05. Following the sale, the senior vice president now owns 12,543 shares in the company, valued at approximately $1,124,479.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Michele Anderson sold 9,030 shares of the company’s stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $75.95, for a total transaction of $685,828.50. Following the completion of the sale, the senior vice president now owns 9,030 shares in the company, valued at approximately $685,828.50. The disclosure for this sale can be found here. Insiders sold a total of 106,883 shares of company stock worth $9,455,677 in the last 90 days. 0.80% of the stock is currently owned by company insiders.

Shutterfly Company Profile

Shutterfly, Inc manufactures and retails personalized products and services primarily in the United States, Canada, and the European Community. The company operates through Consumer and Shutterfly Business Solutions segments. It offers a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Insider Buying and Selling by Quarter for Shutterfly (NASDAQ:SFLY)

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