Wedbush Has Negative Outlook of Getty Images FY2025 Earnings

Getty Images Holdings, Inc. (NYSE:GETY) – Stock analysts at Wedbush lowered their FY2025 earnings estimates for Getty Images in a research report issued on Tuesday, March 18th. Wedbush analyst M. Pachter now forecasts that the company will post earnings per share of $0.08 for the year, down from their previous forecast of $0.10. Wedbush has a “Outperform” rating and a $7.70 price objective on the stock. The consensus estimate for Getty Images’ current full-year earnings is $0.08 per share.

Several other research firms have also commented on GETY. Macquarie reissued a “neutral” rating and issued a $3.75 price objective on shares of Getty Images in a research note on Wednesday, January 8th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a research note on Wednesday, December 18th. Finally, Benchmark reduced their price objective on Getty Images from $6.00 to $4.50 and set a “buy” rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $5.24.

Getty Images Price Performance

GETY stock opened at $2.22 on Thursday. The business’s fifty day moving average price is $2.42 and its 200 day moving average price is $2.97. Getty Images has a 12-month low of $1.90 and a 12-month high of $4.85. The company has a market capitalization of $913.84 million, a PE ratio of 18.46 and a beta of 1.97. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84.

Getty Images (NYSE:GETY) last posted its earnings results on Monday, March 17th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.05). Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The company had revenue of $247.30 million during the quarter, compared to analyst estimates of $245.50 million. The company’s revenue was up 9.5% on a year-over-year basis.

Insider Activity

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

Hedge Funds Weigh In On Getty Images

A number of institutional investors have recently modified their holdings of the business. Koch Inc. acquired a new position in Getty Images in the 4th quarter valued at about $174,385,000. Toronto Dominion Bank acquired a new position in shares of Getty Images during the fourth quarter worth about $3,553,000. Wexford Capital LP acquired a new stake in Getty Images in the fourth quarter valued at about $80,000. ProShare Advisors LLC boosted its holdings in Getty Images by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 28,255 shares of the company’s stock valued at $61,000 after purchasing an additional 9,297 shares in the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new position in Getty Images during the 4th quarter worth approximately $168,000. 45.75% of the stock is owned by institutional investors and hedge funds.

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.