Getty Images (NYSE:GETY) Releases Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Getty Images (NYSE:GETY) issued its quarterly earnings data on Monday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.17), Zacks reports. Getty Images had a return on equity of 6.42% and a net margin of 5.91%. Getty Images updated its FY 2025 guidance to EPS.

Getty Images Trading Up 7.7%

GETY stock traded up $0.15 during midday trading on Monday, hitting $2.03. The stock had a trading volume of 931,982 shares, compared to its average volume of 1,164,963. The firm has a market cap of $835.45 million, a PE ratio of 16.88 and a beta of 1.98. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79. Getty Images has a 12-month low of $1.25 and a 12-month high of $4.49. The company’s 50-day moving average price is $1.86 and its 200 day moving average price is $2.47.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Citigroup restated a “neutral” rating and set a $2.45 price objective on shares of Getty Images in a research report on Monday, March 24th. Wedbush restated an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a research report on Tuesday, May 6th. Finally, Benchmark cut their price objective on Getty Images from $6.00 to $4.50 and set a “buy” rating for the company in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $4.60.

Insiders Place Their Bets

In other Getty Images news, SVP Cho Mikael sold 18,590 shares of Getty Images stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total value of $39,410.80. Following the completion of the sale, the senior vice president now directly owns 123,862 shares of the company’s stock, valued at approximately $262,587.44. The trade was a 13.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Gene Foca sold 23,475 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $49,767.00. Following the sale, the chief marketing officer now directly owns 468,943 shares of the company’s stock, valued at $994,159.16. This represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 226,668 shares of company stock valued at $480,536. Company insiders own 12.30% of the company’s stock.

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.