Federal Gov't Adopts Radical New Tech -- Forecast Growth 24,290%
The Federal Reserve, White House and US Treasury are in the middle of a nationwide technology rollout. 41 American banks are already involved. But that number could soon snowball by 24,290%. Here's three ways to capitalize on this wave of adoption.
| Open | 43.36 | Prev Close | 42.88 |
| High | 43.61 | Low | 42.06 |
| Volume | 443,091 | Volume (Avg) | 501,652 |
| 52 Week High | 96.26 | 52 Week Low | 28.74 |
| Market Cap | 3.2B | PE Ratio | 16.40 |
General
| Name | Shutterstock, Inc |
| Ticker | SSTK |
| Exchange | NYSE |
| Sector | Communication Services |
| Industry | Internet Content & Information |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 967 |
About Shutterstock, Inc
Shutterstock, Inc., a technology company, provides content, and tools and services in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement digital imagery. The company provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Select, Shutterstock Custom, Shutterstock Editorial, Offset, PremiumBeat brand names, as well as Application programming interface, and Editor and Editor Pro tools to enhance workflow and project management needs, and search capabilities. It serves marketing professionals and organizations, media and broadcast companies, and small and medium-sized businesses through online platform. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.
Highlights
| Analyst Target | 95.60 |
| Market Cap | 3,206,126,848 |
| PE Ratio | 16.40 |
| PEG Ratio | 2.65 |
| EBITDA | 98,925,000 |
Valuation
| Trailing PE | 44.89 |
| Price/Sales (Trailing 12 Mt.) | 5.03 |
| Price/Book (Most Recent Quarter) | 7.93 |
Technicals
| Beta | 1.10 |
| 52 Week High | 96.26 |
| 52 Week Low | 28.74 |
| 50 Day Average | 82.32 |
| 200 Day Average | 68.47 |
Dividend
Shutterstock, Inc pays out a dividend of $0.68 per share, with a dividend yield of 2.57%.
SSTK's last dividend payment was made to shareholders on March 18, 2021.
They pay out 27.48% of their earnings out as a dividend.
Recent Dividends
| Mar 14, 2024 | $0.30 |
| Dec 14, 2023 | $0.27 |
| Sep 14, 2023 | $0.27 |
| Jun 15, 2023 | $0.27 |
| Mar 16, 2023 | $0.27 |
| Dec 15, 2022 | $0.24 |
| Sep 15, 2022 | $0.24 |
| Jun 16, 2022 | $0.24 |
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