Getty Images (NYSE:GETY) Announces Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Getty Images (NYSE:GETY) released its quarterly earnings data on Monday. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.05), Zacks reports. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The firm had revenue of $247.30 million during the quarter, compared to analysts’ expectations of $245.50 million. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. Getty Images updated its FY 2025 guidance to EPS.

Getty Images Price Performance

Shares of Getty Images stock opened at $2.25 on Wednesday. Getty Images has a twelve month low of $1.90 and a twelve month high of $5.09. The stock has a market capitalization of $922.86 million, a P/E ratio of 18.71 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. The business’s fifty day moving average price is $2.44 and its 200 day moving average price is $2.99.

Insider Activity at Getty Images

In related news, CFO Jennifer Leyden sold 12,342 shares of Getty Images stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total value of $27,152.40. Following the transaction, the chief financial officer now owns 261,034 shares in the company, valued at approximately $574,274.80. This trade represents a 4.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Craig Warren Peters sold 32,753 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $72,056.60. Following the completion of the transaction, the chief executive officer now directly owns 1,212,648 shares in the company, valued at $2,667,825.60. This trade represents a 2.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 70,521 shares of company stock worth $155,146. 12.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on GETY shares. Benchmark dropped their price objective on Getty Images from $6.00 to $4.50 and set a “buy” rating for the company in a research note on Tuesday. Macquarie reissued a “neutral” rating and set a $3.75 price target on shares of Getty Images in a research report on Wednesday, January 8th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. Finally, Wedbush reissued an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research report on Thursday, March 13th. One research 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. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $5.24.

Getty Images Company Profile

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.