Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Shutterstock Inc (NYSE: SSTK) weakened of late. SSTK's current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Shutterstock Inc (NYSE: SSTK) stock enjoyed a large increase of 2.7% on 3/1/24. The stock closed at $50.08. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 12.0% during the last week.
Current PriceTarget Research Rating
SSTK's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Shutterstock has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR's two proprietary measures of a stock's attractiveness. Shutterstock has a poor Appreciation Score of 20 but a neutral Power Rating of 55, triggering the Negative Value Trend Rating.