Equities research analysts expect Shutterfly, Inc. (NASDAQ:SFLY) to post earnings of $2.91 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Shutterfly’s earnings, with estimates ranging from $2.77 to $3.01. Shutterfly reported earnings per share of $2.63 in the same quarter last year, which would suggest a positive year-over-year growth rate of 10.6%. The firm is scheduled to issue its next earnings results on Wednesday, February 7th.

According to Zacks, analysts expect that Shutterfly will report full year earnings of $0.45 per share for the current financial year, with EPS estimates ranging from $0.33 to $0.57. For the next year, analysts expect that the business will report earnings of $1.40 per share, with EPS estimates ranging from $1.28 to $1.48. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Shutterfly.

Shutterfly (NASDAQ:SFLY) last released its quarterly earnings data on Tuesday, October 24th. The technology company reported ($0.78) EPS for the quarter, topping analysts’ consensus estimates of ($0.79) by $0.01. The firm had revenue of $195.44 million for the quarter, compared to the consensus estimate of $191.65 million. Shutterfly had a net margin of 0.81% and a return on equity of 4.66%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.86) earnings per share.

A number of research firms recently commented on SFLY. Goldman Sachs Group reissued a “neutral” rating and set a $47.00 price objective on shares of Shutterfly in a report on Wednesday, October 11th. SunTrust Banks began coverage on shares of Shutterfly in a report on Tuesday, August 15th. They set a “buy” rating and a $56.00 price objective on the stock. ValuEngine downgraded shares of Shutterfly from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. Zacks Investment Research raised shares of Shutterfly from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. Finally, Aegis reissued a “buy” rating and set a $56.00 price objective on shares of Shutterfly in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $53.50.

Shutterfly (NASDAQ SFLY) traded up $0.37 during mid-day trading on Monday, reaching $45.88. 525,353 shares of the company were exchanged, compared to its average volume of 584,395. The stock has a market capitalization of $1,494.21, a P/E ratio of 73.40 and a beta of 0.84. Shutterfly has a 52-week low of $39.76 and a 52-week high of $53.99.

In other Shutterfly news, VP Jason Sebring sold 644 shares of the company’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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Ishantha Lokuge sold 2,838 shares of the company’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $48.27, for a total transaction of $136,990.26. The disclosure for this sale can be found here. Insiders sold 71,363 shares of company stock worth $3,077,580 in the last ninety days. Insiders own 0.80% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. California Public Employees Retirement System lifted its holdings in shares of Shutterfly by 12.4% in the third quarter. California Public Employees Retirement System now owns 74,299 shares of the technology company’s stock valued at $3,602,000 after purchasing an additional 8,199 shares in the last quarter. Bamco Inc. NY purchased a new stake in shares of Shutterfly in the third quarter valued at about $36,360,000. Point72 Asset Management L.P. lifted its holdings in shares of Shutterfly by 80.2% in the third quarter. Point72 Asset Management L.P. now owns 38,083 shares of the technology company’s stock valued at $1,846,000 after purchasing an additional 16,953 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Shutterfly by 31.2% in the third quarter. Jane Street Group LLC now owns 8,816 shares of the technology company’s stock valued at $427,000 after purchasing an additional 2,096 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. lifted its stake in shares of Shutterfly by 30.4% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 54,000 shares of the technology company’s stock valued at $2,617,000 after buying an additional 12,600 shares during the period.

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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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