In the last trading session, 1.02 million shares of the Getty Images Holdings Inc (NYSE:GETY) were traded, and its beta was 1.88. Most recently the company’s share price was $2.82, and it changed around $0.1 or 3.68% from the last close, which brings the market valuation of the company to $1.20B. GETY currently trades at a discount to its 52-week high of $5.77, offering almost -104.61% off that amount. The share price’s 52-week low was $2.70, which indicates that the current value has risen by an impressive 4.26% since then. We note from Getty Images Holdings Inc’s average daily trading volume that its 10-day average is 0.51 million shares, with the 3-month average coming to 350.37K.
Getty Images Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended GETY as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
Getty Images Holdings Inc (NYSE:GETY) trade information
Instantly GETY has showed a green trend with a performance of 3.68% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.05 on recent trading dayincreased the stock’s daily price by 7.54%. The company’s shares are currently down -46.29% year-to-date, but still down -3.42% over the last five days. On the other hand, Getty Images Holdings Inc (NYSE:GETY) is -36.05% down in the 30-day period. We can see from the shorts that 6.44 million shares have been sold at a short interest cover period of 17.01 day(s).
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 43.6% from its current value. Analyst projections state that GETY is forecast to be at a low of $5 and a high of $5.
Getty Images Holdings Inc (GETY) estimates and forecasts
Getty Images Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -21.67 percent over the past six months and at a -46.67% annual growth rate that is well below the industry average of 24.60%.
GETY Dividends
Getty Images Holdings Inc’s next quarterly earnings report is expected to be released in January.
Getty Images Holdings Inc (NYSE:GETY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 71.96% of Getty Images Holdings Inc shares, and 27.38% of them are in the hands of institutional investors. The stock currently has a share float of 97.65%. Getty Images Holdings Inc stock is held by 116.0 institutions, with KOCH INDUSTRIES INC being the largest institutional investor. By 2024-06-30, it held 19.903% of the shares, which is about 80.73 million shares worth $263.19 million.
NEUBERGER BERMAN GROUP LLC, with 19.297% or 78.28 million shares worth $255.18 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
