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Shutterfly (NASDAQ:SFLY) shares hit a new 52-week low during trading on Monday , Analyst Ratings Network.com reports. The company traded as low as $39.11 and last traded at $39.30, with a volume of 636,812 shares changing hands. The stock had previously closed at $41.45.

Several analysts have recently commented on the stock. Analysts at Cowen and Company downgraded shares of Shutterfly from an “outperform” rating to an “underperform” rating in a research note on Tuesday, March 18th. They now have a $39.00 price target on the stock, down previously from $57.00. Separately, analysts at Zacks downgraded shares of Shutterfly from an “outperform” rating to a “neutral” rating in a research note on Friday, February 21st. They now have a $51.00 price target on the stock. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Shutterfly in a research note on Thursday, February 6th. They now have a $60.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $53.82.

The stock has a 50-day moving average of $48.35 and a 200-day moving average of $49.48. The company has a market cap of $1.538 billion and a P/E ratio of 172.71.

Shutterfly (NASDAQ:SFLY) last released its earnings data on Wednesday, February 5th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.03. The company had revenue of $410.80 million for the quarter, compared to the consensus estimate of $405.97 million. During the same quarter in the previous year, the company posted $1.40 earnings per share. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. Analysts expect that Shutterfly will post $-0.35 EPS for the current fiscal year.

In other Shutterfly news, CEO Jeffrey Housenbold unloaded 39,979 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $44.53, for a total transaction of $1,780,264.87. Following the completion of the transaction, the chief executive officer now directly owns 289,021 shares of the company’s stock, valued at approximately $12,870,105. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shutterfly, Inc is an Internet-based social expression and personal publishing service that enables consumers to share, print and preserve their memories its technology, manufacturing, Web-design and merchandising capabilities.

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