News coverage about Shutterfly (NASDAQ:SFLY) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Shutterfly earned a news impact score of 0.14 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 44.7713359350368 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Watching the Tape Move for Tivity Health (TVTY) and Shutterfly Inc … – Clawson News (clawsonnews.com)
- ICYMI: Shutterfly Downgrade, BioBlast Price Action, Blockchain ETFs (feeds.benzinga.com)
- Goldman Sachs Downgrades Shutterfly Inc. (SFLY) to Sell – StreetInsider.com (streetinsider.com)
- Time To Take Profits In Shutterfly? Goldman Sachs Downgrades (finance.yahoo.com)
- Netflix (NFLX) to Report Q4 Earnings: What’s in the Cards? (msn.com)
A number of brokerages have recently issued reports on SFLY. ValuEngine raised Shutterfly from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Goldman Sachs Group downgraded Shutterfly from a “neutral” rating to a “sell” rating and set a $46.00 price target on the stock. in a report on Wednesday. BidaskClub raised Shutterfly from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Aegis reissued a “buy” rating and issued a $56.00 target price on shares of Shutterfly in a report on Tuesday, October 24th. Finally, Zacks Investment Research downgraded Shutterfly from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $53.90.
Shutterfly (NASDAQ:SFLY) last posted its quarterly earnings data on Tuesday, October 24th. The technology company reported ($0.78) EPS for the quarter, topping the consensus estimate of ($0.79) by $0.01. Shutterfly had a return on equity of 4.66% and a net margin of 0.81%. The firm had revenue of $195.44 million for the quarter, compared to the consensus estimate of $191.65 million. During the same quarter last year, the company earned ($0.86) earnings per share. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. equities analysts anticipate that Shutterfly will post 0.45 earnings per share for the current fiscal year.
In other news, CFO Michael W. Pope sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $42.08, for a total value of $1,472,800.00. Following the transaction, the chief financial officer now owns 17,500 shares of the company’s stock, valued at $736,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Satish Menon sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $42.30, for a total value of $1,057,500.00. Following the completion of the transaction, the senior vice president now directly owns 38,221 shares in the company, valued at approximately $1,616,748.30. The disclosure for this sale can be found here. Insiders sold 61,003 shares of company stock worth $2,573,821 in the last ninety days. Corporate insiders own 0.80% of the company’s stock.
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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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