Today’s Rating On Watch: Time To Buy Shutterfly (SFLY), Aegis Capital Says

November 30, 2016 - By Hazel Jackson

Today's Rating On Watch: Time To Buy Shutterfly (SFLY), Aegis Capital Says

How Aegis Capital Rates Shutterfly (SFLY)

Aegis Capital issued Buy rating on Shutterfly (SFLY). The firm initiated coverage on shares of SFLY in analysts report revealed to investors and clients on Wednesday, 30 November.

About 46,697 shares traded hands. Shutterfly, Inc. (SFLY) has risen 9.41% since April 27, 2016 and is uptrending. It has outperformed by 4.19% the S&P500.

Analysts await Shutterfly, Inc. (NASDAQ:SFLY) to report earnings on February, 1. They expect $2.78 EPS, down 22.13% or $0.79 from last year’s $3.57 per share. SFLY’s profit will be $94.43 million for 4.58 P/E if the $2.78 EPS becomes a reality. After $-0.86 actual EPS reported by Shutterfly, Inc. for the previous quarter, Wall Street now forecasts -423.26% EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.25 in 2016 Q2. Its up 0.53, from 0.72 in 2016Q1. The ratio increased, as 27 funds sold all Shutterfly, Inc. shares owned while 60 reduced positions. 22 funds bought stakes while 41 increased positions. They now own 31.02 million shares or 4.26% less from 32.40 million shares in 2016Q1.

Moreover, Endowment Mngmt Lp has 0.09% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 9,100 shares. Elk Creek Prns Limited Com last reported 1.03% of its portfolio in the stock. Moreover, Palisade Cap Mgmt Llc Nj has 0.16% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 95,144 shares. Guggenheim Capital Lc holds 0.01% or 34,820 shares in its portfolio. Deutsche Retail Bank Ag holds 0% or 145,332 shares in its portfolio. Comml Bank Of America Corp De has 0% invested in the company for 150,834 shares. Portolan Cap Mgmt Lc last reported 15,046 shares in the company. Canada Pension Plan Inv Board owns 225,840 shares or 0.04% of their US portfolio. Moreover, Quantitative Systematic Strategies Lc has 0.39% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 17,911 shares. Gotham Asset Limited Liability Co holds 54,835 shares or 0.03% of its portfolio. Oxford Asset Mgmt owns 296,153 shares or 0.58% of their US portfolio. Cantab Capital Partners Limited Liability Partnership owns 3,969 shares or 0% of their US portfolio. Princeton Alpha L P holds 0.05% or 6,176 shares in its portfolio. Federated Invsts Incorporated Pa has invested 0.01% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY). Moreover, Nationwide Fund Advsr has 0% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 24,016 shares.

Insider Transactions: Since August 8, 2016, the stock had 0 insider purchases, and 11 selling transactions for $4.47 million net activity. 1,900 Shutterfly, Inc. (NASDAQ:SFLY) shares with value of $94,875 were sold by BLACKWOOD-KAPRAL LISA. MATHER ANN sold $249,900 worth of stock or 4,900 shares. MENON SATISH had sold 25,000 shares worth $1.26 million. Shares for $263,045 were sold by Lokuge Ishantha. Shares for $1.68 million were sold by POPE MICHAEL W. HUGHES THOMAS DAVID sold $51,610 worth of stock. The insider Wiley Roland Karl sold $324,365.

Shutterfly, Inc. is a manufacturer and digital retailer of personalized services and products offered through a family of lifestyle brands. The company has a market cap of $1.73 billion. The Firm offers a range of personalized photo services and products. It has a 33.17 P/E ratio. The Company’s divisions include Consumer, Enterprise and corporate.

According to Zacks Investment Research, “Shutterfly, Inc. is an Internet-based social expression and personal publishing service. Shutterfly provides a range of products and services that make it easy, convenient and fun for consumers to upload, edit, enhance, organize, find, share, create, print and preserve their digital photos in a creative and thoughtful manner. Shutterfly, Shutterfly.com and Collections are trademarks of Shutterfly, Inc. Its primary focus is on helping consumers manage their memories through the powerful medium of photos. We provide a full range of products and services that make it easy, convenient and fun for consumers to upload, edit, enhance, organize, find, share, create, print and preserve their digital photos in a creative and thoughtful manner. Consumers use its products and services to stay connected to their friends and family, to organize their memories in a single location, to tell stories and to preserve their memories for themselves and their children.”

SFLY Company Profile

Shutterfly, Inc., incorporated on April 23, 1999, is a maker and digital retailer of personalized services and products offered through a family of lifestyle brands. The Firm offers a range of personalized photo services and products. The Company’s divisions include Consumer, Enterprise and corporate. The Company’s services and products are offered through brands, including Shutterfly, Tiny Prints, Wedding Paper Divas, ThisLife, MyPublisher and BorrowLenses. The Shutterfly brand includes photo books, personalized holiday cards, announcements, invitations and stationery, as well as custom home decor products and photo gifts. The Shutterfly brand also includes online photo service.

More recent Shutterfly, Inc. (NASDAQ:SFLY) news were published by: Fool.com which released: “Why Shutterfly, Inc. Stock Fell 11.1% in September” on October 11, 2016. Also Marketwatch.com published the news titled: “Amazon’s UK chief named CEO of Shutterfly” on March 17, 2016. 247Wallst.com‘s news article titled: “Does Jeff Bezos Really Want to Squash Shutterfly?” with publication date: September 21, 2016 was also an interesting one.

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