Getty Images Holdings Inc (NYSE:GETY) price on current trading day, rose 6.43% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.89.
A look at the stock’s price movement, the level at last check in today’s session was $2.72, moving within a range at $2.64 and $2.9092. The beta value (5-Year monthly) was 2.037 while the PE ratio in trailing twelve months stood at 22.15. Turning to its 52-week performance, $5.77 and $2.70 were the 52-week high and 52-week low respectively. Overall, GETY moved -34.35% over the past month.
Getty Images Holdings Inc’s market cap currently stands at around $1.19 billion, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 244.87M for the company’s revenue for the quarter, with a low and high estimate of 242.27M and 247M respectively. The average forecast suggests up to a 8.38% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 937.12M, representing a 2.24% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GETY is a 100% Sell. On the other hand, the stock is on average a 25% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 4 recommend GETY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GETY’s current price about -4.32% and -18.53% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.42, while 7-day volatility ratio is 4.28% and 5.86% in the 30-day chart. Further, Getty Images Holdings Inc (GETY) has a beta value of 1.88, and an average true range (ATR) of 0.17. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -73.01% off recent price level in today’s trading while to achieve the yearly target high, it has to move -73.01%. Nonetheless, investors will most likely welcome a -73.01% jump to $5 which is the analysts’ median price.
If we refocus on Getty Images Holdings Inc (NYSE:GETY), historical trading data shows that trading volumes averaged 0.46 over the past 10 days and 350.37K over the past 3 months. The company’s latest data on shares outstanding shows there are 411.06 million shares.
The 53.34% of Getty Images Holdings Inc’s shares are in the hands of company insiders while institutional holders own 44.71% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.44 million on 2024-11-15, giving us a short ratio of 17.01. The data shows that as of 2024-11-15 short interest in Getty Images Holdings Inc (GETY) stood at 1669.0001 of shares outstanding, with shares short falling to 6.64 million registered in 2024-10-15. Current price change has pushed the stock -44.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GETY stock continues to rise going into the next quarter.
