Analysts Set Getty Images Holdings, Inc. (NYSE:GETY) PT at $4.03

Shares of Getty Images Holdings, Inc. (NYSE:GETY) have received an average rating of “Reduce” from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $4.0250.

A number of research firms recently issued reports on GETY. Citigroup restated a “neutral” rating and set a $1.85 price objective (down previously from $2.05) on shares of Getty Images in a report on Tuesday, August 12th. Wall Street Zen raised Getty Images from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. Weiss Ratings restated a “sell (d)” rating on shares of Getty Images in a research note on Wednesday, October 8th. Zacks Research upgraded Getty Images from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 15th. Finally, Benchmark cut Getty Images from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a research note on Tuesday, August 12th.

Insider Activity

In related news, CEO Craig Warren Peters sold 32,950 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $2.03, for a total value of $66,888.50. Following the completion of the transaction, the chief executive officer directly owned 1,246,736 shares of the company’s stock, valued at approximately $2,530,874.08. This trade represents a 2.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Neuberger Berman Group Llc sold 3,470,917 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $2.27, for a total transaction of $7,878,981.59. Following the sale, the insider directly owned 70,641,345 shares in the company, valued at $160,355,853.15. The trade was a 4.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,752,512 shares of company stock valued at $8,451,355 over the last quarter. Company insiders own 11.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its position in Getty Images by 47.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,870 shares of the company’s stock valued at $33,000 after purchasing an additional 5,089 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Getty Images by 16.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,458 shares of the company’s stock worth $82,000 after acquiring an additional 6,856 shares during the last quarter. BNP Paribas Financial Markets grew its position in Getty Images by 103.2% in the third quarter. BNP Paribas Financial Markets now owns 21,794 shares of the company’s stock worth $43,000 after acquiring an additional 11,066 shares in the last quarter. Intech Investment Management LLC increased its stake in Getty Images by 19.3% in the second quarter. Intech Investment Management LLC now owns 68,843 shares of the company’s stock valued at $114,000 after acquiring an additional 11,121 shares during the last quarter. Finally, State of Alaska Department of Revenue purchased a new stake in Getty Images during the third quarter valued at about $25,000. 45.75% of the stock is currently owned by institutional investors.

Getty Images Price Performance

Shares of NYSE GETY opened at $1.50 on Thursday. The company has a market capitalization of $621.71 million, a PE ratio of -6.80 and a beta of 1.89. The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 1.96. The stock’s 50 day moving average price is $2.00 and its 200-day moving average price is $1.87. Getty Images has a twelve month low of $1.25 and a twelve month high of $3.87.

Getty Images (NYSE:GETY) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. Getty Images had a negative return on equity of 11.38% and a negative net margin of 9.60%.The business had revenue of $240.04 million for the quarter, compared to analyst estimates of $239.98 million. During the same period last year, the company posted ($0.01) earnings per share. Getty Images’s quarterly revenue was down .2% compared to the same quarter last year. Getty Images has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that Getty Images will post 0.08 EPS for the current year.

About Getty Images

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.