Savers Value Village, Inc. (NYSE:SVV) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Savers Value Village, Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with an average 12-month price target of $12.20.
• The company's latest earnings report showed an EPS of $0.14, exceeding estimates and reflecting a revenue increase of 7.9% compared to the previous year.
• Significant insider sales were reported, including 15,000 shares sold by General Counsel Richard A. Medway, as institutional investors continue to increase their stakes in the company.

Shares of Savers Value Village, Inc. (NYSE:SVV - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eight brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $12.20.

Several research analysts recently issued reports on the company. Piper Sandler raised their target price on Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. lifted their price objective on Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Weiss Ratings reissued a "sell (d+)" rating on shares of Savers Value Village in a research report on Saturday, September 27th. Northland Securities began coverage on Savers Value Village in a research report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective for the company. Finally, Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th.

Savers Value Village Stock Up 1.3%

Shares of NYSE:SVV opened at $13.31 on Friday. The firm has a market cap of $2.07 billion, a P/E ratio of 63.36 and a beta of 1.07. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 1.65. Savers Value Village has a 12-month low of $6.48 and a 12-month high of $13.89. The business has a fifty day simple moving average of $12.03 and a 200 day simple moving average of $10.44.

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

Insider Transactions at Savers Value Village

In other news, General Counsel Richard A. Medway sold 15,000 shares of Savers Value Village stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $11.48, for a total value of $172,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Melinda L. Geisser sold 20,000 shares of the firm's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $13.69, for a total value of $273,800.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 224,491 shares of company stock worth $2,824,733. Corporate insiders own 3.09% of the company's stock.

Institutional Trading of Savers Value Village

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.