Shutterstock Stock Price on March 19, 2024

SSTK Stock  USD 40.63  0.36  0.88%   
Below is the normalized historical share price chart for Shutterstock extending back to October 11, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Shutterstock stands at 40.63, as last reported on the 31st of May, with the highest price reaching 41.25 and the lowest price hitting 40.08 during the day.
IPO Date
11th of October 2012
200 Day MA
43.3926
50 Day MA
42.133
Beta
1.134
 
Yuan Drop
 
Covid
If you're considering investing in Shutterstock Stock, it is important to understand the factors that can impact its price. Shutterstock owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Shutterstock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shutterstock's Coefficient Of Variation of (1,439), risk adjusted performance of (0.03), and Variance of 6.42 to confirm the risk estimate we provide.
  
At this time, Shutterstock's Capital Stock is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 51 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 36 M. . At this time, Shutterstock's Price Cash Flow Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 3.60 this year, although the value of Price Sales Ratio will most likely fall to 1.88. Shutterstock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1072

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shutterstock is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shutterstock by adding Shutterstock to a well-diversified portfolio.
Price Book
2.8053
Enterprise Value Ebitda
7.045
Price Sales
1.6907
Shares Float
24.7 M
Dividend Share
1.11

Shutterstock Valuation on March 19, 2024

It is possible to determine the worth of Shutterstock on a given historical date. On March 19, 2024 Shutterstock was worth 46.94 at the beginning of the trading date compared to the closed value of 45.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shutterstock stock. Still, in general, we apply an absolute valuation method to find Shutterstock's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shutterstock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shutterstock's related companies.
 Open High Low Close Volume
  48.95    49.35    47.05    47.05    518,876  
03/19/2024
  46.94    47.92    45.78    45.78    525,511  
  46.17    47.79    45.84    46.89    525,047  
Backtest Shutterstock  |  Shutterstock History  |  Shutterstock Valuation   PreviousNext  
Open Value
46.94
45.78
Closing Value
54.48
Upside

Shutterstock Trading Date Momentum on March 19, 2024

On March 20 2024 Shutterstock was traded for  46.89  at the closing time. The top price for the day was 47.79  and the lowest listed price was  45.84 . The trading volume for the day was 525 K. The trading history from March 20, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 2.42% . The trading price change against the current closing price is 0.63% .

Shutterstock Fundamentals Correlations and Trends

By evaluating Shutterstock's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shutterstock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shutterstock financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shutterstock Stock history

Shutterstock investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shutterstock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shutterstock will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shutterstock stock prices may prove useful in developing a viable investing in Shutterstock
Last ReportedProjected for Next Year
Common Stock Shares Outstanding36.2 M36 M
Net Income Applicable To Common Shares87.5 M91.9 M

Shutterstock Stock Technical Analysis

Shutterstock technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Shutterstock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shutterstock trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shutterstock Period Price Range

Low
March 19, 2024
-1.16  -2.47%
High

 46.94 

     

 45.78 

Shutterstock May 31, 2024 Market Strength

Market strength indicators help investors to evaluate how Shutterstock stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shutterstock shares will generate the highest return on investment. By undertsting and applying Shutterstock stock market strength indicators, traders can identify Shutterstock entry and exit signals to maximize returns

Shutterstock Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shutterstock's price direction in advance. Along with the technical and fundamental analysis of Shutterstock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shutterstock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Shutterstock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shutterstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shutterstock Stock. Highlighted below are key reports to facilitate an investment decision about Shutterstock Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shutterstock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Shutterstock Stock analysis

When running Shutterstock's price analysis, check to measure Shutterstock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shutterstock is operating at the current time. Most of Shutterstock's value examination focuses on studying past and present price action to predict the probability of Shutterstock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shutterstock's price. Additionally, you may evaluate how the addition of Shutterstock to your portfolios can decrease your overall portfolio volatility.
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Is Shutterstock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shutterstock. If investors know Shutterstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shutterstock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Dividend Share
1.11
Earnings Share
2.59
Revenue Per Share
24.395
Quarterly Revenue Growth
(0)
The market value of Shutterstock is measured differently than its book value, which is the value of Shutterstock that is recorded on the company's balance sheet. Investors also form their own opinion of Shutterstock's value that differs from its market value or its book value, called intrinsic value, which is Shutterstock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shutterstock's market value can be influenced by many factors that don't directly affect Shutterstock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shutterstock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shutterstock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shutterstock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.