Getty Images Holdings, Inc. (NYSE:GETY) Receives Consensus Rating of “Hold” from Brokerages

Getty Images Holdings, Inc. (NYSE:GETY) has received an average rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $4.0250.

A number of research analysts have issued reports on GETY shares. Citigroup reissued a “neutral” rating and set a $1.85 price objective (down from $2.05) on shares of Getty Images in a report on Tuesday, August 12th. Benchmark cut Getty Images from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a report on Tuesday, August 12th. Wall Street Zen raised Getty Images from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. Wedbush cut their price objective on Getty Images from $7.70 to $7.00 and set an “outperform” rating for the company in a report on Tuesday, August 12th. Finally, Zacks Research upgraded Getty Images to a “hold” rating in a research note on Friday, August 8th.

Getty Images Stock Up 0.3%

Shares of NYSE GETY opened at $1.78 on Friday. The stock has a market cap of $736.29 million, a PE ratio of -6.34 and a beta of 1.87. The business has a fifty day moving average of $1.80 and a two-hundred day moving average of $1.85. Getty Images has a 52-week low of $1.25 and a 52-week high of $4.49. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.70 and a current ratio of 0.70.

Getty Images (NYSE:GETY) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.11). The company had revenue of $234.88 million for the quarter, compared to the consensus estimate of $234.77 million. Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. The firm’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.01 earnings per share. Getty Images has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Getty Images will post 0.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Getty Images

In other news, CEO Craig Warren Peters sold 33,262 shares of the firm’s stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $1.77, for a total value of $58,873.74. Following the completion of the sale, the chief executive officer directly owned 1,279,686 shares in the company, valued at approximately $2,265,044.22. This trade represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 80,010 shares of company stock valued at $141,618 in the last three months. Company insiders own 11.20% of the company’s stock.

Institutional Trading of Getty Images

A number of hedge funds and other institutional investors have recently made changes to their positions in GETY. JPMorgan Chase & Co. increased its stake in shares of Getty Images by 25.4% in the fourth quarter. JPMorgan Chase & Co. now owns 46,590 shares of the company’s stock valued at $101,000 after buying an additional 9,434 shares in the last quarter. Wells Fargo & Company MN increased its position in Getty Images by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 49,378 shares of the company’s stock worth $107,000 after purchasing an additional 15,978 shares during the period. Renaissance Technologies LLC increased its position in Getty Images by 16.7% in the fourth quarter. Renaissance Technologies LLC now owns 111,600 shares of the company’s stock worth $241,000 after purchasing an additional 16,000 shares during the period. Dimensional Fund Advisors LP increased its position in Getty Images by 24.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 64,007 shares of the company’s stock worth $138,000 after purchasing an additional 12,542 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in Getty Images by 15.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,897 shares of the company’s stock worth $80,000 after purchasing an additional 4,826 shares during the period. 45.75% of the stock is currently owned by institutional investors and hedge funds.

About Getty Images

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.