Savers Value Village (NYSE:SVV) Upgraded to Hold at Wells Fargo & Company

Key Points

• Wells Fargo upgraded Savers Value Village to “Hold” from its previous rating. The analyst consensus remains “Hold,” with four Buy, four Hold, and one Sell rating, and an average price target of $13.62.
• SVV opened at $9.05 and was trading down 2.2%, while its market capitalization stood at approximately $1.40 billion. The company’s latest quarterly results met EPS expectations at $0.14, with revenue of $448.22 million and year-over-year growth of 7.4%.
• Insiders sold more than 520,000 shares worth about $6.03 million during the latest quarter, including significant sales by a director and the CFO. Institutional investors continue to hold a substantial 98.78% of the company’s outstanding stock.

Savers Value Village (NYSE:SVV - Get Free Report) was upgraded by Wells Fargo & Company to a "hold" rating in a report issued on Friday, Zacks reports.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their target price on shares of Savers Value Village from $11.00 to $14.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Weiss Ratings upgraded shares of Savers Value Village from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, September 2nd. Piper Sandler increased their price objective on shares of Savers Value Village from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $11.00 price objective on shares of Savers Value Village in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $13.62.

Savers Value Village Trading Down 2.2%

NYSE:SVV opened at $9.05 on Friday. Savers Value Village has a 12-month low of $6.91 and a 12-month high of $13.89. The firm has a market cap of $1.40 billion, a PE ratio of 56.60 and a beta of 1.21. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.59. The stock has a fifty day moving average price of $10.27 and a 200 day moving average price of $9.20.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. The company had revenue of $448.22 million for the quarter, compared to the consensus estimate of $449.00 million. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.Savers Value Village's revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 EPS. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. Sell-side analysts anticipate that Savers Value Village will post 0.39 earnings per share for the current fiscal year.

Insider Transactions at Savers Value Village

In other Savers Value Village news, Director William T. Allen sold 26,151 shares of the company's stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $9.22, for a total value of $241,112.22. Following the completion of the transaction, the director owned 28,861 shares in the company, valued at $266,098.42. This represents a 47.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Michael Maher sold 49,742 shares of the firm's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $12.33, for a total value of $613,318.86. Following the transaction, the chief financial officer directly owned 20,163 shares in the company, valued at approximately $248,609.79. The trade was a 71.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 520,893 shares of company stock valued at $6,030,305 over the last quarter. 3.46% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its stake in Savers Value Village by 128.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,357 shares of the company's stock valued at $41,000 after buying an additional 2,448 shares during the last quarter. Squarepoint Ops LLC boosted its holdings in shares of Savers Value Village by 2.2% in the second quarter. Squarepoint Ops LLC now owns 136,665 shares of the company's stock valued at $1,379,000 after acquiring an additional 2,900 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Savers Value Village during the second quarter worth approximately $33,000. Bank of America Corp DE grew its position in shares of Savers Value Village by 4.5% during the first quarter. Bank of America Corp DE now owns 119,931 shares of the company's stock worth $892,000 after acquiring an additional 5,166 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in shares of Savers Value Village by 57.8% in the 4th quarter. Handelsbanken Fonder AB now owns 21,300 shares of the company's stock valued at $199,000 after acquiring an additional 7,800 shares during the period. Hedge funds and other institutional investors own 98.78% of the company's stock.

About Savers Value Village

Savers Value Village, Inc operates a network of for-profit thrift stores that sell donated and secondhand merchandise. Its product assortment generally includes clothing, accessories, shoes, books, household goods, furniture and other general merchandise. The company serves consumers seeking value-oriented shopping and supports the reuse of products through the resale of pre-owned goods.

The company operates under several retail banners, including Savers, Value Village, Village des Valeurs and Unique.

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