Analysts Set Savers Value Village, Inc. (NYSE:SVV) Target Price at $27.63

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) has received a consensus recommendation of "Buy" from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Nine investment analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have covered the stock in the last year is $26.13.

A number of brokerages have commented on SVV. Robert W. Baird cut their price target on shares of Savers Value Village from $23.00 to $21.00 and set an "outperform" rating on the stock in a research report on Friday. Piper Sandler decreased their target price on shares of Savers Value Village from $24.00 to $19.00 and set an "overweight" rating on the stock in a research report on Friday.

Insider Activity

In other news, insider Jubran N. Tanious sold 10,000 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $20.00, for a total transaction of $200,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Savers Value Village news, insider Jubran N. Tanious sold 10,000 shares of the company's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $20.00, for a total transaction of $200,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mark T. Walsh sold 4,512 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $18.05, for a total transaction of $81,441.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 65,855 shares of company stock valued at $1,238,650.

Institutional Investors Weigh In On Savers Value Village

A number of institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in Savers Value Village during the fourth quarter worth about $937,000. Invesco Ltd. lifted its stake in shares of Savers Value Village by 5.1% in the 3rd quarter. Invesco Ltd. now owns 446,637 shares of the company's stock valued at $8,339,000 after acquiring an additional 21,637 shares during the last quarter. Vanguard Group Inc. increased its holdings in Savers Value Village by 1,264.2% in the third quarter. Vanguard Group Inc. now owns 2,250,983 shares of the company's stock valued at $42,026,000 after purchasing an additional 2,085,983 shares during the period. Deutsche Bank AG grew its stake in shares of Savers Value Village by 44.5% in the 3rd quarter. Deutsche Bank AG now owns 433,564 shares of the company's stock valued at $8,095,000 after buying an additional 133,564 shares during the period. Finally, Loomis Sayles & Co. L P lifted its position in Savers Value Village by 17.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 695,890 shares of the company's stock valued at $12,992,000 after acquiring an additional 105,231 shares in the last quarter. 98.78% of the stock is owned by institutional investors and hedge funds.

Savers Value Village Trading Down 20.4 %

NYSE:SVV traded down $3.49 during mid-day trading on Friday, hitting $13.66. The company's stock had a trading volume of 4,476,813 shares, compared to its average volume of 677,924. The stock has a fifty day moving average of $18.07 and a 200-day moving average of $17.13. Savers Value Village has a fifty-two week low of $10.16 and a fifty-two week high of $26.88. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.93 and a current ratio of 1.07.

Savers Value Village (NYSE:SVV - Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.07). The firm had revenue of $354.17 million during the quarter, compared to analyst estimates of $354.88 million. Savers Value Village had a net margin of 3.54% and a return on equity of 14.98%. On average, equities research analysts expect that Savers Value Village will post 0.55 EPS for the current year.

Savers Value Village Company Profile

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.