Many Shutterfly, Inc.(SFLY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Shutterfly was Downgraded by Robert W. Baird on Feb 2, 2017 to Neutral, Lowers Price Target to $ 47 from a previous price target of $59 .Shutterfly was Downgraded by Needham to Hold on Feb 2, 2017. Shutterfly was Initiated by Aegis Capital to Buy on Nov 30, 2016.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Roland Karl Wiley (SVP and General Manager) sold 7,500 shares at 49.44 per share price.On Jan 4, 2017, Michael W Pope (Chief Financial Officer and Se) sold 7,500 shares at 49.44 per share price.On Jan 4, 2017, Satish Menon (SVP, Chief Technology Officer) sold 7,500 shares at 49.44 per share price.
Shutterfly Last issued its quarterly earnings results on Feb 1, 2017. The company reported $2.63 EPS for the quarter, missing the analyst consensus estimate by $ -0.19. Analyst had a consensus of $2.82. The company had revenue of $561.23 million for the quarter, compared to analysts expectations of $584.09 million. The companys revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.57 EPS.
Shutterfly, Inc. (NASDAQ:SFLY) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.33 by 6 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.
Shutterfly, Inc. (NASDAQ:SFLY): The mean estimate for the short term price target for Shutterfly, Inc. (NASDAQ:SFLY) stands at $51.9 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $62 while the lower price target estimate is at $35.
Shutterfly, Inc. (NASDAQ:SFLY) rose 1.34% or 0.59 points on Tuesday and made its way into the gainers of the day. After trading began at $44.07 the stock was seen hitting $44.87 as a peak level and $44.06 as the lowest level. The stock ended up at $44.75. The daily volume was measured at 654,646 shares. The 52-week high of the share price is $54.6 and the 52-week low is $38.39. The company has a market cap of $1,505 million.
Shutterfly, Inc. is an Internet-based social expression and personal publishing service. Shutterfly provides a range of products and services that make it easy, convenient and fun for consumers to upload, edit, enhance, organize, find, share, create, print and preserve their digital photos in a creative and thoughtful manner. Shutterfly, Shutterfly.com and Collections are trademarks of Shutterfly, Inc. Its primary focus is on helping consumers manage their memories through the powerful medium of photos. We provide a full range of products and services that make it easy, convenient and fun for consumers to upload, edit, enhance, organize, find, share, create, print and preserve their digital photos in a creative and thoughtful manner. Consumers use its products and services to stay connected to their friends and family, to organize their memories in a single location, to tell stories and to preserve their memories for themselves and their children.