B. Riley Lowers Thryv (NASDAQ:THRY) Price Target to $26.00

Thryv (NASDAQ:THRY - Get Free Report) had its price target cut by equities researchers at B. Riley from $30.00 to $26.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. B. Riley's target price suggests a potential upside of 93.60% from the stock's previous close. B. Riley also issued estimates for Thryv's FY2026 earnings at $1.24 EPS.

THRY has been the topic of several other research reports. Royal Bank of Canada began coverage on shares of Thryv in a research report on Thursday, March 27th. They issued a "sector perform" rating and a $17.00 price target on the stock. Needham & Company LLC reissued a "buy" rating and issued a $28.00 price objective on shares of Thryv in a research note on Thursday, April 10th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $23.20.

Thryv Trading Up 3.8 %

Shares of Thryv stock traded up $0.49 on Tuesday, reaching $13.43. 414,320 shares of the company's stock were exchanged, compared to its average volume of 389,778. The firm's 50-day moving average is $14.33 and its two-hundred day moving average is $15.47. The company has a market capitalization of $587.31 million, a P/E ratio of -1.39 and a beta of 1.03. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. Thryv has a 52 week low of $10.03 and a 52 week high of $26.42.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.26. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. Sell-side analysts predict that Thryv will post -2.24 EPS for the current fiscal year.

Hedge Funds Weigh In On Thryv

Several institutional investors have recently modified their holdings of the business. Barclays PLC grew its stake in Thryv by 397.0% in the 3rd quarter. Barclays PLC now owns 66,126 shares of the company's stock valued at $1,140,000 after purchasing an additional 52,821 shares during the period. State of Alaska Department of Revenue grew its position in Thryv by 17.7% during the fourth quarter. State of Alaska Department of Revenue now owns 22,920 shares of the company's stock valued at $339,000 after buying an additional 3,447 shares during the period. Corebridge Financial Inc. increased its holdings in Thryv by 8.9% during the fourth quarter. Corebridge Financial Inc. now owns 19,984 shares of the company's stock worth $296,000 after buying an additional 1,631 shares during the last quarter. JPMorgan Chase & Co. raised its position in Thryv by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company's stock worth $3,828,000 after acquiring an additional 28,909 shares during the period. Finally, Amalgamated Bank boosted its stake in Thryv by 17.6% in the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock valued at $169,000 after acquiring an additional 1,715 shares during the last quarter. 96.38% of the stock is owned by institutional investors.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.