SFLY

Shutterfly Inc

TMT, Consumer


Presented:02/05/2018
Price:$71.66
Cap:$2.37B
Current Price:no data
Cap:no data

Presented

Date02/05/2018
Price$71.66
Market Cap$2.37B
Ent Value$1.57B
P/E Ratio77.05x
Book Value$17.05
Div Yield0%
Shares O/S33.11M
Ave Daily Vol961,674
Short Int24.63%

Current

Priceno data
Market Capno data
Shutterfly, Inc. engages in the provision of digital personalized photo products and services. It operates through two segments: Consumer and Shutterfly Business Solutions. The Consumer segments includes sales from the company's brands and are derived from the sale of photo based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and the related shipping revenues, as well as, rental revenue. The Shutterfly Business Solutions segment includes revenues derived from the printing and shipping of direct marketing and other variable data print products and formats. Its services primarily to the direct marketing industry. The company was founded by Dan Baum and Eva Manolis in December 1999 and is headquartered in Redwood City, CA.

Publicly traded companies mentioned herein: Shutterfly Inc (SFLY)

Highlights

The presenter is long shares of Shutterfly (SFLY), seeing value in SFLY’s core business as well as meaningful upside from its recently announced acquisition of Lifetouch. He believes concerns over mounting competition and commoditization of SFLY’s core business have proven to be overblown, and thinks SFLY is set to realize benefits from its recent consolidation and cost-cutting efforts. The Lifetouch acquisition will help de-risk SFLY from seasonality reliance in addition to contributing cost and revenue synergies. The presenter targets $110 for SFLY shares over the next year.

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Idea Discussion

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