In the latest trading session, 1.14 million Getty Images Holdings Inc (NYSE:GETY) shares changed hands as the company’s beta touched 1.93. With the company’s most recent per share price at $2.15 changing hands around $0.0 or 0.23% at last look, the market valuation stands at $888.44M. GETY’s current price is a discount, trading about -137.21% off its 52-week high of $5.10. The share price had its 52-week low at $1.90, which suggests the last value was 11.63% up since then. When we look at Getty Images Holdings Inc’s average trading volume, we note the 10-day average is 1.01 million shares, with the 3-month average coming to 2.90 million.
Analysts gave the Getty Images Holdings Inc (GETY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. 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 is in green as seen in intraday trades today. With action 2.13%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -0.23%, with the 5-day performance at 2.13% in the green. However, in the 30-day time frame, Getty Images Holdings Inc (NYSE:GETY) is -18.37% down. Looking at the short shares, we see there were 7.22 million shares sold at short interest cover period of 5.05 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 69.29% from its recent market value. According to analyst projections, GETY’s forecast low is 5 with 7.7 as the target high. To hit the forecast high, the stock’s price needs a -258.14% plunge from its current level, while the stock would need to soar -132.56% for it to hit the projected low.
Getty Images Holdings Inc (GETY) estimates and forecasts
Year-over-year growth is forecast to reach 0.36% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 236.25M. 2 analysts are of the opinion that Getty Images Holdings Inc’s revenue for the current quarter will be 233.25M. The company’s revenue for the corresponding quarters a year ago was 222.28M and 229.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.29%. The estimates for the next quarter sales put growth at 1.79%.
Getty Images Holdings Inc (NYSE:GETY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 71.70% of Getty Images Holdings Inc shares while 47.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 167.95%. There are 47.53% 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 19.7398% 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 19.1387% or 78.28 million shares worth $255.18 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. With 3.65 shares estimated at $7.86 million under it, the former controlled 0.89% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 0.76% of the shares, roughly 3.14 shares worth around $6.75 million.
