In the latest trading session, 1.24 million Getty Images Holdings Inc (NYSE:GETY) shares changed hands as the company’s beta touched 1.91. With the company’s most recent per share price at $2.32 changed hands at -$0.12 or -5.12% at last look, the market valuation stands at $954.41M. GETY’s current price is a discount, trading about -148.71% off its 52-week high of $5.77. The share price had its 52-week low at $2.06, which suggests the last value was 11.21% up since then. When we look at Getty Images Holdings Inc’s average trading volume, we note the 10-day average is 9.83 million shares, with the 3-month average coming to 1.97 million.
Analysts gave the Getty Images Holdings Inc (GETY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended GETY as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Getty Images Holdings Inc’s EPS for the current quarter is expected to be 0.05.
Getty Images Holdings Inc (NYSE:GETY) trade information
Instantly GETY was in red as seen in intraday trades today. With action -9.92%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 7.18%, with the 5-day performance at -9.92% in the red. However, in the 30-day time frame, Getty Images Holdings Inc (NYSE:GETY) is -16.43% down. Looking at the short shares, we see there were 6.2 million shares sold at short interest cover period of 10.06 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 53.6% from its recent market value. According to analyst projections, GETY’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -115.52% plunge from its current level, while the stock would need to soar -115.52% for it to hit the projected low.
Getty Images Holdings Inc (GETY) estimates and forecasts
Data shows that the Getty Images Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -37.26% over the past 6 months, a -46.67% in annual growth rate that is considerably lower than the industry average of 25.50%. Year-over-year growth is forecast to reach 2.24% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 244.85M. 2 analysts are of the opinion that Getty Images Holdings Inc’s revenue for the current quarter will be 234.41M. The company’s revenue for the corresponding quarters a year ago was 225.94M and 222.28M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.37%. The estimates for the next quarter sales put growth at 5.46%.
The 2025 estimates are for Getty Images Holdings Inc earnings to increase by 179.34%.
GETY Dividends
Getty Images Holdings Inc is expected to release its next quarterly earnings report in February.
Getty Images Holdings Inc (NYSE:GETY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 71.75% of Getty Images Holdings Inc shares while 27.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.59%. There are 27.28% institutions holding the Getty Images Holdings Inc stock share, with KOCH INDUSTRIES INC the top institutional holder. As of 2024-06-30, the company held 19.903% of the shares, roughly 80.73 million GETY shares worth $263.19 million.
NEUBERGER BERMAN GROUP LLC holds the second largest percentage of outstanding shares, with 19.297% or 78.28 million shares worth $255.18 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. With 3.27 shares estimated at $7.62 million under it, the former controlled 0.80% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 0.75% of the shares, roughly 3.09 shares worth around $7.19 million.
