Getty Images (NYSE:GETY) Announces Quarterly Earnings Results

Getty Images (NYSE:GETYGet Free Report) announced its quarterly earnings data on Monday. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.05), Zacks reports. Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The firm had revenue of $247.30 million during the quarter, compared to analysts’ expectations of $245.50 million. The business’s quarterly revenue was up 9.5% on a year-over-year basis. Getty Images updated its FY 2025 guidance to EPS.

Getty Images Stock Performance

Shares of NYSE GETY traded up $0.10 during midday trading on Tuesday, hitting $2.25. 2,743,034 shares of the company’s stock traded hands, compared to its average volume of 1,095,505. The firm has a fifty day moving average of $2.46 and a 200 day moving average of $3.00. Getty Images has a 1 year low of $1.90 and a 1 year high of $5.10. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market capitalization of $922.86 million, a price-to-earnings ratio of 18.71 and a beta of 1.97.

Analysts Set New Price Targets

Several equities research analysts recently commented on GETY shares. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. Benchmark reduced their price target on shares of Getty Images from $6.00 to $4.50 and set a “buy” rating for the company in a research note on Tuesday. Wedbush restated an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a research report on Thursday, March 13th. Finally, Macquarie restated a “neutral” rating and issued a $3.75 target price on shares of Getty Images in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.24.

View Our Latest Analysis on GETY

Insider Buying and Selling

In related news, CFO Jennifer Leyden sold 12,342 shares of Getty Images stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total transaction of $27,152.40. Following the transaction, the chief financial officer now directly owns 261,034 shares in the company, valued at approximately $574,274.80. The trade was a 4.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Craig Warren Peters sold 32,753 shares of the business’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $72,056.60. Following the sale, the chief executive officer now directly owns 1,212,648 shares of the company’s stock, valued at $2,667,825.60. This represents a 2.63 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 70,521 shares of company stock valued at $155,146. 12.30% of the stock is owned by insiders.

About Getty Images

(Get Free Report)

Getty Images Holdings, Inc offers creative and editorial visual content solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its products include Getty Images that offers creative and editorial content including stills, music and video which focuses on corporate, agency, and media customers; iStock.com, an e-commerce offering where customers have access to creative stills and video; Unsplash.com, a platform offering free stock photo downloads and paid subscriptions targeted to the high-growth prosumer and semi-professional creator segments; and Unsplash+ that provides access to unique model released content with expanded legal protections.

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Earnings History for Getty Images (NYSE:GETY)

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