Wall Street brokerages predict that Shutterfly, Inc. (NASDAQ:SFLY) will announce earnings of ($2.60) per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Shutterfly’s earnings, with estimates ranging from ($2.91) to ($2.40). Shutterfly posted earnings of ($0.73) per share in the same quarter last year, which would suggest a negative year over year growth rate of 256.2%. The business is scheduled to issue its next quarterly earnings report on Tuesday, October 23rd.

On average, analysts expect that Shutterfly will report full-year earnings of $2.81 per share for the current financial year, with EPS estimates ranging from $2.31 to $3.31. For the next financial year, analysts anticipate that the business will post earnings of $2.92 per share, with EPS estimates ranging from $2.67 to $3.13. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover Shutterfly.

Shutterfly (NASDAQ:SFLY) last announced its earnings results on Tuesday, August 7th. The technology company reported $0.53 EPS for the quarter, beating the consensus estimate of ($0.43) by $0.96. The business had revenue of $443.37 million for the quarter, compared to the consensus estimate of $438.30 million. Shutterfly had a return on equity of 13.03% and a net margin of 2.26%.

Several equities research analysts recently commented on the company. Zacks Investment Research upgraded Shutterfly from a “sell” rating to a “hold” rating in a report on Monday, August 6th. BidaskClub lowered Shutterfly from a “buy” rating to a “hold” rating in a research note on Wednesday, June 20th. Robert W. Baird raised their price objective on Shutterfly from $85.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, July 6th. TheStreet lowered Shutterfly from a “b-” rating to a “c+” rating in a research note on Tuesday, September 4th. Finally, ValuEngine lowered Shutterfly from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $95.00.

Shares of NASDAQ:SFLY traded down $0.24 during mid-day trading on Friday, hitting $63.06. 616,021 shares of the company traded hands, compared to its average volume of 869,444. The company has a market cap of $2.20 billion, a P/E ratio of 60.06, a PEG ratio of 1.02 and a beta of 0.95. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.66 and a current ratio of 1.72. Shutterfly has a 52-week low of $39.76 and a 52-week high of $100.34.

In other Shutterfly news, CAO Lisa Blackwood-Kapral sold 435 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $73.72, for a total transaction of $32,068.20. Following the completion of the sale, the chief accounting officer now owns 1,250 shares in the company, valued at approximately $92,150. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Dwayne A. Black sold 3,352 shares of the firm’s stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $73.37, for a total value of $245,936.24. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 37,447 shares of company stock valued at $2,770,075. 1.30% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. United Services Automobile Association grew its position in shares of Shutterfly by 14.2% in the 2nd quarter. United Services Automobile Association now owns 5,904 shares of the technology company’s stock worth $532,000 after acquiring an additional 732 shares in the last quarter. Northern Trust Corp grew its position in shares of Shutterfly by 3.5% in the 2nd quarter. Northern Trust Corp now owns 432,912 shares of the technology company’s stock worth $38,974,000 after acquiring an additional 14,590 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in shares of Shutterfly by 55.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 16,920 shares of the technology company’s stock worth $1,523,000 after acquiring an additional 6,050 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Shutterfly in the 2nd quarter worth approximately $10,663,000. Finally, Verition Fund Management LLC acquired a new position in shares of Shutterfly in the 2nd quarter worth approximately $1,669,000.

About Shutterfly

Shutterfly, Inc manufactures and retails personalized products and services primarily in the United States, Canada, and the European Community. The company operates through Consumer and Shutterfly Business Solutions segments. It offers a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.

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Earnings History and Estimates for Shutterfly (NASDAQ:SFLY)

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