What is Wedbush’s Forecast for Getty Images FY2025 Earnings?

Getty Images Holdings, Inc. (NYSE:GETY) – Equities research analysts at Wedbush dropped their FY2025 EPS estimates for Getty Images in a research report issued on Tuesday, March 18th. Wedbush analyst M. Pachter now expects that the company will post earnings per share of $0.08 for the year, down from their previous forecast of $0.10. Wedbush currently has a “Outperform” rating and a $7.70 price target on the stock. The consensus estimate for Getty Images’ current full-year earnings is $0.08 per share.

Getty Images (NYSE:GETY) last announced its quarterly earnings results on Monday, March 17th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.05). Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The firm had revenue of $247.30 million for the quarter, compared to analysts’ expectations of $245.50 million. Getty Images’s revenue for the quarter was up 9.5% on a year-over-year basis.

Several other research firms also recently issued reports on GETY. Benchmark cut their price target on Getty Images from $6.00 to $4.50 and set a “buy” rating for the company in a research note on Tuesday. Macquarie restated a “neutral” rating and set a $3.75 target price on shares of Getty Images in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Getty Images currently has a consensus rating of “Hold” and a consensus target price of $5.24.

Getty Images Stock Up 1.1 %

GETY opened at $2.22 on Thursday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market cap of $913.84 million, a price-to-earnings ratio of 18.46 and a beta of 1.97. Getty Images has a one year low of $1.90 and a one year high of $4.85. The business’s fifty day moving average is $2.42 and its two-hundred day moving average is $2.97.

Hedge Funds Weigh In On Getty Images

Several large investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its stake in shares of Getty Images by 12.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 524,987 shares of the company’s stock valued at $2,000,000 after acquiring an additional 58,135 shares during the last quarter. Franklin Resources Inc. purchased a new stake in Getty Images in the third quarter valued at approximately $221,000. Barclays PLC increased its position in Getty Images by 47.1% during the third quarter. Barclays PLC now owns 156,216 shares of the company’s stock worth $596,000 after purchasing an additional 49,995 shares during the last quarter. Jane Street Group LLC raised its stake in Getty Images by 139.8% during the third quarter. Jane Street Group LLC now owns 67,712 shares of the company’s stock worth $258,000 after purchasing an additional 39,477 shares during the period. Finally, State Street Corp boosted its holdings in shares of Getty Images by 46.3% in the 3rd quarter. State Street Corp now owns 1,474,167 shares of the company’s stock valued at $5,617,000 after purchasing an additional 466,521 shares during the last quarter. 45.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Getty Images news, CEO Craig Warren Peters sold 32,753 shares of Getty Images stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $72,056.60. Following the completion of the sale, the chief executive officer now directly owns 1,212,648 shares of the company’s stock, valued at approximately $2,667,825.60. The trade was a 2.63 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jennifer Leyden sold 12,342 shares of the business’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $27,152.40. Following the completion of the transaction, the chief financial officer now owns 261,034 shares of the company’s stock, valued at $574,274.80. This trade represents a 4.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 70,521 shares of company stock worth $155,146. 12.30% of the stock is owned by corporate insiders.

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.