How to Buy Shutterstock Stock
Shutterstock Inc
Shutterstock is a internet content & information company located in New York, United States, which is part of the Communication Services sector, and is traded under the ticker SSTK on the NYSE exchange.
Shutterstock stock last closed at $42.93, up 1.35% from the previous day, and has decreased 36.14% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.63 percentage points. Shutterstock stock is currently +27.01% from its 52-week low of $33.80, and -36.38% from its 52-week high of $67.48.
As of Apr 29, 2024, there are 35.54M SSTK shares outstanding. The market value of SSTK is $1.53B. In the last 24 hours, 226,089 SSTK shares were traded.
How to Buy Shutterstock Stock
Wondering how to invest in Shutterstock stock? Here's how.
- Decide where to buy Shutterstock stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Shutterstock stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Analyze Shutterstock stock: The Shutterstock ticker symbol is SSTK. Is Shutterstock stock a good investment? Should you buy shares of SSTK? How do SSTK's underlying business fundamentals look? Do top analysts think Shutterstock is a good buy? Why has SSTK's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SSTK is a good stock to buy).
- Execute your SSTK purchase: Decide if you will purchase SSTK shares at the current market price or use a limit order to purchase SSTK shares at a specific price.
- Get the latest scoop on your investment in SSTK: Create a watchlist to track your position in Shutterstock stock.
Step 1: Decide where to buy Shutterstock stock
You will need a brokerage account to access the NYSE market and buy SSTK stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you are able to buy SSTK stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on a good stock buying app, you need to deposit funds:
Watch the video below to see the process of depositing money into your brokerage account.
Step 4: Analyze Shutterstock stock
Once you have selected the best place to buy Shutterstock stock, it's critical to analyze their stock before you invest, so you actually comprehend the risk and upside.
Shutterstock shares quick numbers
Shutterstock Fundamentals
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SSTK's stock page.
Is SSTK stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SSTK's intrinsic value.
Using relative valuations measures:
- SSTK may be overvalued based on its P/E ratio of 13.98x, relative to Internet Content & Information industry P/E ratio of 9.39x
- SSTK may be undervalued based on its P/B ratio of 2.89x, relative to Internet Content & Information industry P/B ratio of 6.33x
- SSTK could be undervalued based on its PEG ratio of 0.87x
You can access more valuation analysis on SSTK's stock here.
How do SSTK Financials look?
Signs that SSTK is financially healthy:
- SSTK earnings of $122.47M is not sufficient to cover its interest payments.
- SSTK's operating cash flow of $140.55M allows it to safely service it's debt of $59.40M.
- There are more short-term assets than long-term liabilities on the SSTK balance sheet.
- SSTK profit margin has gone up from 9.2% to 12.6% in the past year.
Signs that SSTK is not financially healthy:
- There are more short-term liabilities than short-term assets on the SSTK balance sheet.
- SSTK has a relatively high debt to equity ratio of 0.97.
- Total SSTK debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Shutterstock stock
Out of 4 Equities analysts who track SSTK, the consensus analyst rating on SSTK is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Shutterstock stock forecast page.
SSTK Trading Indicators
How is SSTK performing as a company?
Last year, SSTK earnings were $110.27M. During the last 5 year, SSTK's earnings have gone up by 14.35% per year. This was slower than the Internet Content & Information industry average of 22.85%.
Last year, SSTK revenue was $874.59M. During the past 5 year, SSTK's revenue has increased by 7.01% per year. This was slower than the Internet Content & Information industry average of 19.63%.
Dive into SSTK's earnings and revenue performance here.
What are SSTK insiders up to?
In the past year, insiders at SSTK have sold more shares than they have bought.
John Caine, GLOBAL HEAD OF ECOMMERCE of SSTK, was the latest SSTK insider to sell. They sold $85,474.20 worth of SSTK shares on Apr 5, 2024.
Dig into more about who owns SSTK stock here.
Does SSTK stock generate passive income?
Shutterstock pays a dividend of 2.59%, compared to the Internet Content & Information industry's average dividend yield of 18.51%. If you owned $1,000 worth of SSTK stock, you would have been paid $25.86 in the past year.
Shutterstock dividend payments have not consistently grown over the past 6 years and have not remained stable.
Get more data about Shutterstock dividend yield and history here.
Get opinions from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your SSTK purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in SSTK
Now that you own some shares in SSTK, you'll want to stay up-to-date on your new investment.
Add SSTK to a watchlist to track the latest developments regarding your SSTK stock.
SSTK Feed
How to Buy Stock in Shutterstock
To summarize, here are the 6 steps you need to take to buy Shutterstock stock right now:
- Decide where to buy Shutterstock stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Shutterstock stock
- Execute your SSTK purchase
- Get the latest scoop on your investment in SSTK
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Shutterstock, add SSTK to your watchlist below.
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