Savers Value Village (NYSE:SVV - Get Free Report) had its price target lifted by analysts at JPMorgan Chase & Co. from $9.00 to $11.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 8.10% from the stock's current price.
Other equities research analysts have also issued research reports about the company. The Goldman Sachs Group lifted their price objective on Savers Value Village from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. Piper Sandler upped their target price on Savers Value Village from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Northland Securities started coverage on Savers Value Village in a research note on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 target price on the stock. Finally, William Blair initiated coverage on Savers Value Village in a research note on Friday, April 4th. They issued an "outperform" rating on the stock. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Savers Value Village currently has an average rating of "Moderate Buy" and a consensus price target of $12.57.
Check Out Our Latest Report on Savers Value Village
Savers Value Village Stock Up 3.6%
NYSE SVV traded up $0.36 during trading on Monday, reaching $10.18. 509,504 shares of the company's stock were exchanged, compared to its average volume of 788,123. The stock has a market cap of $1.58 billion, a P/E ratio of 68.00 and a beta of 0.99. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.57 and a current ratio of 0.74. The company has a 50 day moving average price of $10.32 and a two-hundred day moving average price of $9.63. Savers Value Village has a 1 year low of $6.48 and a 1 year high of $11.89.
Insider Buying and Selling at Savers Value Village
In related news, General Counsel Richard A. Medway sold 17,619 shares of the stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $10.65, for a total transaction of $187,642.35. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Mark T. Walsh sold 40,000 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $8.86, for a total transaction of $354,400.00. The disclosure for this sale can be found here. Insiders sold a total of 129,341 shares of company stock valued at $1,326,573 in the last ninety days. Insiders own 3.09% of the company's stock.
Institutional Investors Weigh In On Savers Value Village
Several large investors have recently made changes to their positions in the company. American Century Companies Inc. boosted its holdings in Savers Value Village by 15.6% during the fourth quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock worth $158,000 after buying an additional 2,085 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in Savers Value Village during the fourth quarter worth approximately $57,000. Vanguard Group Inc. boosted its holdings in Savers Value Village by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,382,647 shares of the company's stock worth $24,422,000 after buying an additional 68,316 shares in the last quarter. Norges Bank bought a new stake in Savers Value Village during the fourth quarter worth approximately $207,000. Finally, Geode Capital Management LLC boosted its holdings in Savers Value Village by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 554,854 shares of the company's stock worth $5,689,000 after buying an additional 11,855 shares in the last quarter. Institutional investors and hedge funds own 98.78% of the company's stock.
About Savers Value Village
(
Get Free Report)
Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.
Recommended Stories

Before you consider Savers Value Village, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Savers Value Village wasn't on the list.
While Savers Value Village currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.