Constant Contact Given Average Rating of "Hold" by Analysts (NASDAQ:CTCT)

Constant Contact (NASDAQ:CTCT) has been assigned a consensus rating of “Hold” from the thirteen brokerages that are currently covering the stock, Analyst Ratings.Net reports. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $35.38.

Shares of Constant Contact (NASDAQ:CTCT) traded down 0.80% during midday trading on Wednesday, hitting $24.74. 412,955 shares of the company were exchanged. The company has a market capitalization of $796.33 million and a P/E ratio of 43.63. Constant Contact has a one year low of $22.75 and a one year high of $43.18. The company has a 50-day moving average of $24.74 and a 200 day moving average of $29.62.

Constant Contact (NASDAQ:CTCT) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.07. During the same period last year, the firm earned $0.22 earnings per share. The company had revenue of $91.50 million for the quarter, compared to the consensus estimate of $91.79 million. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. On average, equities research analysts expect that Constant Contact will post $1.32 earnings per share for the current fiscal year.

In other news, SVP Robert P. Nault sold 12,500 shares of Constant Contact stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $25.00, for a total transaction of $312,500.00. Following the completion of the sale, the senior vice president now owns 8,883 shares in the company, valued at approximately $222,075. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Christopher Litster sold 8,151 shares of Constant Contact stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $24.30, for a total value of $198,069.30. Following the sale, the senior vice president now owns 7,896 shares of the company’s stock, valued at approximately $191,872.80. The disclosure for this sale can be found here.

A number of brokerages have recently issued reports on CTCT. Zacks downgraded Constant Contact from a “buy” rating to a “hold” rating in a research note on Tuesday, September 22nd. Credit Suisse started coverage on Constant Contact in a research note on Tuesday, September 8th. They set a “neutral” rating and a $29.00 target price for the company. Northland Securities initiated coverage on Constant Contact in a research note on Friday, July 31st. They issued a “market perform” rating and a $27.00 price objective for the company. Roth Capital reiterated a “buy” rating on shares of Constant Contact in a report on Saturday, July 25th. Finally, Canaccord Genuity cut their price target on Constant Contact from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, July 24th.

Constant Contact, Inc. (NASDAQ:CTCT) is a supplier of online marketing tools for small organizations, including small businesses, associations and nonprofits. The tools of the Business include EventSpot Email Marketing, Societal Campaigns, SaveLocal, SinglePlatform and Survey. Endless Contact Toolkit, which is an internet marketing platform is also provided by it. Toolkit functions the small organizations to find and participate with customers across various marketing channels, including electronic mail, mobile, societal and Web. Toolkit is available to customers in three packages: Personal Marketer, Email Plus and E-Mail. Its E-Mail offering is for the customers of email marketing product. Its Email Plus includes accessibility to its other marketing offerings, including managing occasions online, running promotions and offers, conducting surveys and getting comments, as well as email marketing product. Its Personal Marketer package contains various Toolkit offerings in Email Plus.

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Constant Contact Given Average Rating of "Hold" by Analysts (NASDAQ:CTCT)

Shutterstock Earns "Sector Perform" Rating from RBC Capital (SSTK)

RBC Capital reaffirmed their sector perform rating on shares of Shutterstock (NYSE:SSTK) in a research note issued to investors on Wednesday morning, Market Beat.com reports. The brokerage currently has a $38.00 target price on the stock.

In related news, CEO Jonathan Oringer purchased 100,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was bought at an average price of $34.02 per share, with a total value of $3,402,000.00. Following the completion of the purchase, the chief executive officer now owns 16,256,327 shares in the company, valued at approximately $553,040,244.54. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Shutterstock (NYSE:SSTK) traded up 5.80% during midday trading on Wednesday, reaching $37.78. The company’s stock had a trading volume of 2,565,694 shares. The company has a 50-day moving average price of $31.08 and a 200-day moving average price of $46.30. Shutterstock has a 12 month low of $27.50 and a 12 month high of $84.06. The firm has a market cap of $1.36 billion and a price-to-earnings ratio of 70.09.

Shutterstock (NYSE:SSTK) last issued its earnings results on Thursday, November 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.01. The company had revenue of $107.30 million for the quarter, compared to the consensus estimate of $106.46 million. During the same quarter last year, the business posted $0.26 EPS. Shutterstock’s quarterly revenue was up 28.2% on a year-over-year basis. Equities analysts expect that Shutterstock will post $1.15 earnings per share for the current year.

SSTK has been the topic of several other research reports. Cantor Fitzgerald reissued a buy rating and issued a $72.00 target price on shares of Shutterstock in a research report on Friday, September 25th. Morgan Stanley assumed coverage on Shutterstock in a research report on Tuesday, July 14th. They set an underweight rating and a $40.00 Zacks upgraded Shutterstock from a sell rating to a hold rating in a research note on Wednesday, October 7th. Finally, Jefferies Group downgraded Shutterstock from a buy rating to a hold rating and cut their target price for the company from $90.00 to $39.00 in a research report on Friday, August 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. Shutterstock presently has a consensus rating of Hold and a consensus price target of $61.50.

Shutterstock, Inc. (NYSE:SSTK) runs a worldwide marketplace for commercial digital content, including pictures, video and music. The Company’s commercial digital vision consists of video clips and licensed photos, illustrations that firms use inside their visual communications, such as Websites, digital and print marketing materials, corporate communications, novels, publications and video content while commercial music contains music tracks. The interest in commercial digital vision and music comes from media organizations and companies, marketing agencies. It reaches new customers through a group of marketing channels, including tradeshows, print advertising, online display advertising, email marketing, direct mail, internet affiliate marketing, public relations, social media and partnerships. The Organization ‘s online market provides a searchable number of music and commercial digital imagery that download its users can pay to license and incorporate in their work.

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Shutterstock Earns "Sector Perform" Rating from RBC Capital (SSTK)

Accelerize Rating Lowered to Sell at Zacks (ACLZ)

Accelerize (NASDAQ:ACLZ) was downgraded by Zacks from a “hold” rating to a “sell” rating in a research note issued on Monday.

According to Zacks, “Accelerize Inc. is an online based media and customer acquisition solutions provider. It owns and operates CAKE, a software-as-a-service enterprise platform providing online tracking and analytics solutions for advertisers, affiliate marketers, and lead generators. The Company also offers cupCAKE, a campaign management solution for small and medium sized affiliate marketers. Accelerize Inc., formerly known as Accelerize New Media, Inc., is headquartered in Newport Beach, California. “

Accelerize (NASDAQ:ACLZ) traded down 2.68% on Monday, hitting $1.45. The stock had a trading volume of 1,000 shares. Accelerize has a one year low of $0.87 and a one year high of $1.80. The stock’s 50-day moving average is $1. and its 200-day moving average is $1..

Accelerize (NASDAQ:ACLZ) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.01. Analysts expect that Accelerize will post $-0.08 EPS for the current fiscal year.

Separately, analysts at Aegis initiated coverage on shares of Accelerize in a research note on Tuesday, May 5th. They set a “buy” rating on the stock.

Accelerize Inc owns and operates CAKE, and getcake.com, a marketing technology that provides a suite of marketing intelligence tools. The Company’s software-as-a service (NASDAQ:ACLZ) is an enterprise solution providing online tracking and analytics solutions for advertisers and online marketers.

To get a free copy of the research report on Accelerize (ACLZ), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com

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Accelerize Rating Lowered to Sell at Zacks (ACLZ)