Robert W. Baird Reiterates Outperform on Shutterfly (SFLY)

By admin | 7 years ago

Shutterfly (NASDAQ: SFLY)‘s stock had its “outperform” rating reiterated by investment analysts at Robert W. Baird in a note issued to investors on Tuesday.

Shares of Shutterfly traded down 1.54% during mid-day trading on Tuesday, hitting $30.77. Shutterfly has a 52 week low of $21.34 and a 52 week high of $64.45. The company has a market cap of $1.073 billion and a P/E ratio of 78.12.

The company last announced its quarterly results on Monday, April 30th. It reported ($0.29) earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of ($0.33) EPS by $0.04. The company’s quarterly revenue was up 59.6% on a year-over-year basis. On average, analysts predict that Shutterfly will post $-0.31 earnings per share next quarter.

SFLY has been the subject of a number of other recent research reports. Analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of Shutterfly in a research note to investors on Friday, March 2nd. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Shutterfly in a research note to investors on Monday, February 6th. They now have a $29.00 price target on the stock.

Shutterfly, Inc. is an Internet-based social expression and personal publishing service that enables consumers to share, print and preserve their memories, through its technology, manufacturing, Web-design and merchandising capabilities.

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