Wall Street analysts expect Shutterfly, Inc. (NASDAQ:SFLY) to post earnings per share (EPS) of ($0.77) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Shutterfly’s earnings. The lowest EPS estimate is ($0.79) and the highest is ($0.73). Shutterfly reported earnings of ($0.86) per share in the same quarter last year, which would indicate a positive year over year growth rate of 10.5%. The business is scheduled to announce its next quarterly earnings report on Wednesday, October 25th.

On average, analysts expect that Shutterfly will report full year earnings of $0.60 per share for the current fiscal year, with EPS estimates ranging from $0.47 to $0.73. For the next financial year, analysts forecast that the business will post earnings of $1.48 per share, with EPS estimates ranging from $1.37 to $1.58. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Shutterfly.

Shutterfly (NASDAQ:SFLY) last posted its quarterly earnings results on Tuesday, July 25th. The technology company reported ($0.68) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.55) by $0.13. The company had revenue of $209.03 million during the quarter, compared to the consensus estimate of $209.46 million. Shutterfly had a return on equity of 3.61% and a net margin of 0.50%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.48) earnings per share.

Several research firms have weighed in on SFLY. ValuEngine raised Shutterfly from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th. Zacks Investment Research raised Shutterfly from a “hold” rating to a “strong-buy” rating and set a $54.00 target price for the company in a research report on Wednesday, June 28th. BidaskClub downgraded Shutterfly from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $57.00 target price on shares of Shutterfly in a research report on Tuesday, May 16th. Finally, SunTrust Banks, Inc. began coverage on Shutterfly in a research report on Tuesday, August 15th. They issued a “buy” rating and a $56.00 target price for the company. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. Shutterfly presently has an average rating of “Hold” and a consensus price target of $54.10.

Shutterfly (NASDAQ SFLY) traded down 0.11% on Friday, hitting $47.10. 492,678 shares of the stock were exchanged. The stock’s 50 day moving average price is $46.57 and its 200 day moving average price is $48.11. The firm has a market cap of $1.57 billion, a PE ratio of 287.20 and a beta of 0.89. Shutterfly has a 52-week low of $41.91 and a 52-week high of $53.99.

In other Shutterfly news, VP Jason Sebring sold 2,481 shares of the business’s stock in a transaction that occurred on Monday, June 19th. The stock was sold at an average price of $48.57, for a total value of $120,502.17. Following the completion of the sale, the vice president now owns 3,125 shares in the company, valued at $151,781.25. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Betsy Rafael sold 1,060 shares of the business’s stock in a transaction that occurred on Friday, June 23rd. The shares were sold at an average price of $47.76, for a total value of $50,625.60. Following the completion of the sale, the director now owns 5,046 shares of the company’s stock, valued at approximately $240,996.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 32,272 shares of company stock valued at $1,562,998. 5.70% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Shutterfly by 2.3% in the second quarter. Vanguard Group Inc. now owns 2,903,180 shares of the technology company’s stock valued at $137,902,000 after buying an additional 64,361 shares during the last quarter. Park West Asset Management LLC raised its stake in shares of Shutterfly by 31.0% during the first quarter. Park West Asset Management LLC now owns 2,758,936 shares of the technology company’s stock worth $133,229,000 after purchasing an additional 652,612 shares during the last quarter. EastBay Asset Management LLC raised its stake in shares of Shutterfly by 0.6% during the second quarter. EastBay Asset Management LLC now owns 2,130,159 shares of the technology company’s stock worth $101,182,000 after purchasing an additional 12,470 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Shutterfly by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,244,827 shares of the technology company’s stock worth $59,130,000 after purchasing an additional 19,717 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Shutterfly by 4.0% during the second quarter. State Street Corp now owns 979,974 shares of the technology company’s stock worth $46,554,000 after purchasing an additional 37,889 shares during the last quarter.

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About Shutterfly

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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