Shutterfly, Inc. (SFLY) Set to Announce Earnings on Tuesday
Shutterfly, Inc. (NASDAQ:SFLY) is set to post its quarterly earnings results after the market closes on Tuesday, October 24th. Analysts expect Shutterfly to post earnings of ($0.78) per share for the quarter. Shutterfly has set its FY17 guidance at $0.45-0.80 EPS.
Shutterfly (NASDAQ:SFLY) last released its quarterly earnings data on Tuesday, July 25th. The technology company reported ($0.68) EPS for the quarter, missing the consensus estimate of ($0.55) by ($0.13). Shutterfly had a net margin of 0.50% and a return on equity of 3.61%. The company had revenue of $209.03 million for the quarter, compared to the consensus estimate of $209.46 million. During the same period last year, the company earned ($0.48) EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts expect Shutterfly to post $0.41 EPS for the current fiscal year and $1.45 EPS for the next fiscal year.
Shutterfly, Inc. (NASDAQ:SFLY) opened at 48.51 on Tuesday. Shutterfly, Inc. has a 12-month low of $41.91 and a 12-month high of $53.99. The firm’s 50 day moving average is $47.63 and its 200 day moving average is $48.44. The company has a market cap of $1.62 billion, a P/E ratio of 295.79 and a beta of 0.90.
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A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Shutterfly from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 17th. BidaskClub lowered shares of Shutterfly from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. ValuEngine upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. SunTrust Banks, Inc. assumed coverage on shares of Shutterfly in a research report on Tuesday, August 15th. They set a “buy” rating and a $56.00 price target on the stock. Finally, Jefferies Group LLC restated a “hold” rating and set a $53.00 price target on shares of Shutterfly in a research report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $53.45.
In other Shutterfly news, VP Jason Sebring sold 644 shares of the business’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $48.30, for a total value of $31,105.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lisa Blackwood-Kapral sold 1,250 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $46.56, for a total transaction of $58,200.00. Following the completion of the transaction, the insider now owns 1,250 shares in the company, valued at $58,200. The disclosure for this sale can be found here. Insiders own 5.70% of the company’s stock.
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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