Equities research analysts expect Shutterfly, Inc. (NASDAQ:SFLY) to announce earnings of ($0.77) per share for the current quarter, according to Zacks. Three analysts have issued estimates for Shutterfly’s earnings, with the lowest EPS estimate coming in at ($0.79) and the highest estimate coming in at ($0.73). Shutterfly posted earnings per share of ($0.86) in the same quarter last year, which suggests a positive year over year growth rate of 10.5%. The company is scheduled to report its next earnings report after the market closes on Tuesday, October 24th.

According to Zacks, analysts expect that Shutterfly will report full year earnings of $0.56 per share for the current year, with EPS estimates ranging from $0.47 to $0.66. For the next financial year, analysts expect that the company will report earnings of $1.41 per share, with EPS estimates ranging from $1.18 to $1.58. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Shutterfly.

Shutterfly (NASDAQ:SFLY) last posted its quarterly earnings results on Tuesday, July 25th. The technology company reported ($0.68) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.55) by ($0.13). Shutterfly had a return on equity of 3.61% and a net margin of 0.50%. The company had revenue of $209.03 million during the quarter, compared to the consensus estimate of $209.46 million. During the same quarter in the prior year, the business earned ($0.48) earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis.

Several brokerages recently weighed in on SFLY. Zacks Investment Research raised shares of Shutterfly from a “hold” rating to a “strong-buy” rating and set a $57.00 price objective on the stock in a research note on Friday, July 28th. ValuEngine raised shares of Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $47.00 price objective on shares of Shutterfly in a research note on Wednesday, October 11th. BidaskClub cut shares of Shutterfly from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $53.00 price objective on shares of Shutterfly in a research note on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Shutterfly presently has a consensus rating of “Hold” and a consensus target price of $53.45.

In other news, VP Jason Sebring sold 644 shares of the stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $48.30, for a total transaction of $31,105.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Lisa Blackwood-Kapral sold 1,250 shares of the stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $46.56, for a total transaction of $58,200.00. Following the transaction, the insider now directly owns 1,250 shares in the company, valued at approximately $58,200. The disclosure for this sale can be found here. 5.70% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of SFLY. Riverhead Capital Management LLC raised its holdings in shares of Shutterfly by 62.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,431 shares of the technology company’s stock worth $116,000 after acquiring an additional 931 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Shutterfly in the 2nd quarter worth about $119,000. LS Investment Advisors LLC raised its holdings in shares of Shutterfly by 132.9% in the 2nd quarter. LS Investment Advisors LLC now owns 2,888 shares of the technology company’s stock worth $137,000 after acquiring an additional 1,648 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new stake in shares of Shutterfly in the 1st quarter worth about $144,000. Finally, Pinebridge Investments L.P. raised its holdings in shares of Shutterfly by 1.4% in the 2nd quarter. Pinebridge Investments L.P. now owns 4,450 shares of the technology company’s stock worth $211,000 after acquiring an additional 60 shares during the last quarter.

Shutterfly (NASDAQ SFLY) opened at 48.59 on Monday. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 296.28 and a beta of 0.90. The stock has a 50 day moving average price of $47.63 and a 200 day moving average price of $48.44. Shutterfly has a 52-week low of $41.91 and a 52-week high of $53.99.

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Shutterfly Company Profile

Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.

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