Getty Images Holdings, Inc. (NYSE:GETY – Free Report) – Research analysts at Wedbush decreased their FY2025 earnings estimates for shares of Getty Images in a research report issued on Tuesday, March 18th. Wedbush analyst M. Pachter now anticipates that the company will post earnings of $0.08 per share for the year, down from their previous forecast of $0.10. Wedbush has a “Outperform” rating and a $7.70 price objective on the stock. The consensus estimate for Getty Images’ current full-year earnings is $0.08 per share.
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 for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.05). The business had revenue of $247.30 million for the quarter, compared to analysts’ expectations of $245.50 million. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year.
Check Out Our Latest Research Report on Getty Images
Getty Images Price Performance
Shares of GETY opened at $2.21 on Thursday. The business’s 50-day moving average is $2.43 and its 200-day moving average is $2.98. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $906.42 million, a price-to-earnings ratio of 18.38 and a beta of 1.97. Getty Images has a fifty-two week low of $1.90 and a fifty-two week high of $5.00.
Hedge Funds Weigh In On Getty Images
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers lifted its stake in shares of Getty Images by 3.6% in the fourth quarter. Rhumbline Advisers now owns 125,421 shares of the company’s stock worth $271,000 after buying an additional 4,359 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Getty Images by 15.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 36,897 shares of the company’s stock worth $80,000 after acquiring an additional 4,826 shares during the last quarter. FMR LLC boosted its holdings in Getty Images by 5.0% during the third quarter. FMR LLC now owns 166,221 shares of the company’s stock valued at $633,000 after acquiring an additional 7,897 shares during the period. ProShare Advisors LLC grew its position in shares of Getty Images by 49.0% in the fourth 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, JPMorgan Chase & Co. increased its stake in shares of Getty Images by 25.4% in the fourth quarter. JPMorgan Chase & Co. now owns 46,590 shares of the company’s stock worth $101,000 after purchasing an additional 9,434 shares during the period. Institutional investors and hedge funds own 45.75% of the company’s stock.
Insider Buying and Selling at Getty Images
In other news, CFO Jennifer Leyden sold 12,342 shares of the stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total transaction of $27,152.40. Following the transaction, the chief financial officer now owns 261,034 shares of the company’s stock, valued at approximately $574,274.80. This represents a 4.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Craig Warren Peters sold 32,753 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $72,056.60. Following the completion of the transaction, the chief executive officer now directly owns 1,212,648 shares in the company, valued at $2,667,825.60. The trade was 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 ninety days. 12.30% of the stock is currently owned by insiders.
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.
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