Added to YB: 2024-09-18
Pitch date: 2024-09-16
SSTK [bearish]
Shutterstock, Inc.
+40.51%
current return
Author Info
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Company Info
Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally.
Market Cap
$762.5M
Pitch Price
$31.57
Price Target
18.00 (-4%)
Dividend
6.15%
EV/EBITDA
5.07
P/E
12.74
EV/Sales
0.89
Sector
Interactive Media and Services
Category
N/A
Show full summary:
$SSTK (and GETY) -- short idea PT 18/sh
SSTK short: Poor FCF/EBITDA conversion, high stock comp dilution, questionable acquisitions (Envato), declining subscribers & rev/sub. Realistic 2025 EPS ~$1.8 vs $5 consensus. 18x P/E vs ST 7.3x. 50% downside to $18. E-commerce sales deteriorating. Management credibility issues. AI, ADBE, Canva threats.
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