Richard Medway Sells 9,052 Shares of Savers Value Village (NYSE:SVV) Stock

Key Points

• Richard Medway, General Counsel of Savers Value Village, sold 9,052 shares of stock at an average price of $13.04, amounting to a total transaction of $118,038.08.
• Savers Value Village's stock increased by 3.5% to $13.74 recently, with a market capitalization of $2.14 billion and a price-to-earnings ratio of 65.43.
• The company reported earnings per share (EPS) of $0.14 for the last quarter, beating analysts' estimates of $0.12, with a 7.9% year-over-year revenue growth.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard Medway sold 9,052 shares of the company's stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $13.04, for a total transaction of $118,038.08. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Savers Value Village Trading Up 3.5%

SVV stock traded up $0.47 on Friday, hitting $13.74. 1,673,454 shares of the company were exchanged, compared to its average volume of 972,357. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $13.89. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.69 and a quick ratio of 0.51. The business's fifty day moving average is $11.66 and its two-hundred day moving average is $10.17. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 65.43 and a beta of 1.02.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The firm had revenue of $417.21 million during the quarter, compared to analyst estimates of $405.75 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. Savers Value Village's revenue for the quarter was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, research analysts forecast that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Institutional Trading of Savers Value Village

A number of large investors have recently modified their holdings of the company. State of Wyoming acquired a new stake in shares of Savers Value Village in the 2nd quarter worth about $318,000. Cannell Capital LLC acquired a new stake in shares of Savers Value Village in the 2nd quarter worth about $4,033,000. Shay Capital LLC acquired a new stake in shares of Savers Value Village in the 2nd quarter worth about $765,000. Lazard Asset Management LLC acquired a new stake in shares of Savers Value Village in the 2nd quarter worth about $57,000. Finally, Engineers Gate Manager LP increased its holdings in shares of Savers Value Village by 100.1% in the 2nd quarter. Engineers Gate Manager LP now owns 68,563 shares of the company's stock worth $699,000 after acquiring an additional 34,291 shares during the period. Institutional investors and hedge funds own 98.78% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on SVV. Northland Securities began coverage on shares of Savers Value Village in a research note on Tuesday, June 10th. They set an "outperform" rating and a $15.00 price objective for the company. JPMorgan Chase & Co. boosted their price objective on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Piper Sandler boosted their price objective on shares of Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Wall Street Zen upgraded shares of Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Northland Capmk upgraded shares of Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $12.20.

About Savers Value Village

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.

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