Brokerages Set Savers Value Village, Inc. (NYSE:SVV) Price Target at $12.20

Key Points

• Savers Value Village, Inc. has received an average rating of "Moderate Buy" from analysts, with a 12-month price target averaging $12.20.
• Recent insider transactions indicate significant share sales, with insiders selling 97,708 shares valued at over $1 million in the past three months.
• Institutional investors hold 98.78% of the company’s stock, with notable recent investments including Cannell Capital's new stake worth about $4 million.

Shares of Savers Value Village, Inc. (NYSE:SVV - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $12.20.

Several analysts have commented on SVV shares. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Piper Sandler raised their price objective on Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 1st. JPMorgan Chase & Co. raised their price objective on Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Finally, Northland Securities started coverage on Savers Value Village in a report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective on the stock.

Insider Buying and Selling

In other news, General Counsel Richard A. Medway sold 15,000 shares of Savers Value Village stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $11.48, for a total value of $172,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Melinda L. Geisser sold 7,824 shares of Savers Value Village stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $11.48, for a total value of $89,819.52. The disclosure for this sale can be found here. Insiders sold 97,708 shares of company stock worth $1,065,394 over the last ninety days. Corporate insiders own 3.09% of the company's stock.

Institutional Trading of Savers Value Village

A number of institutional investors have recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. boosted its stake in shares of Savers Value Village by 19.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 7,137,153 shares of the company's stock worth $49,247,000 after acquiring an additional 1,167,253 shares during the last quarter. Baillie Gifford & Co. lifted its position in Savers Value Village by 76.4% during the first quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock worth $44,919,000 after buying an additional 2,820,500 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Savers Value Village by 89.2% during the second quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company's stock worth $21,937,000 after buying an additional 1,013,875 shares in the last quarter. Marshall Wace LLP lifted its position in Savers Value Village by 97.8% during the second quarter. Marshall Wace LLP now owns 1,832,697 shares of the company's stock worth $18,694,000 after buying an additional 905,986 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new position in Savers Value Village during the second quarter worth approximately $16,038,000. 98.78% of the stock is owned by institutional investors and hedge funds.

Savers Value Village Stock Performance

Savers Value Village stock traded down $0.0030 during midday trading on Friday, hitting $11.5070. 123,516 shares of the company were exchanged, compared to its average volume of 823,714. The firm has a market capitalization of $1.79 billion, a PE ratio of 54.85 and a beta of 1.00. Savers Value Village has a fifty-two week low of $6.48 and a fifty-two week high of $11.97. The business has a fifty day simple moving average of $10.60 and a two-hundred day simple moving average of $9.62. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The company had revenue of $417.21 million for the quarter, compared to analyst estimates of $405.75 million. During the same period last year, the company earned $0.14 earnings per share. Savers Value Village's quarterly revenue 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. On average, sell-side analysts forecast that Savers Value Village will post 0.28 earnings per share 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.