Savers Value Village (NYSE:SVV) Sets New 52-Week High - Should You Buy?

Key Points

• Savers Value Village (NYSE:SVV) reached a new 52-week high of $13.11, with a closing price of $13.07 on Thursday, reflecting increased trading interest with a volume of 392,567 shares.
• Equity analysts have raised their price targets for Savers Value Village, with a consensus rating of "Moderate Buy" and an average price target of $12.20, indicating positive market sentiment.
• The company posted earnings of $0.14 per share for the most recent quarter, surpassing analysts' expectations of $0.12, alongside a year-over-year revenue increase of 7.9%.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $13.11 and last traded at $13.07, with a volume of 392567 shares changing hands. The stock had previously closed at $12.64.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. boosted their target price on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. Piper Sandler boosted 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. Finally, Northland Securities initiated coverage on Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $12.20.

Savers Value Village Stock Performance

The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 55.35 and a beta of 1.02. The stock has a 50 day simple moving average of $11.28 and a 200 day simple moving average of $9.91. 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 (NYSE:SVV - Get Free Report) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $405.75 million. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The business's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, analysts anticipate that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Savers Value Village

In related news, General Counsel Richard A. Medway sold 17,500 shares of Savers Value Village stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $12.51, for a total value of $218,925.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, General Counsel Richard A. Medway sold 17,619 shares of the business's 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 195,989 shares of company stock valued at $2,276,550. Corporate insiders own 3.09% of the company's stock.

Institutional Trading of Savers Value Village

Several large investors have recently added to or reduced their stakes in SVV. Baillie Gifford & Co. grew its stake in shares of Savers Value Village by 76.4% in the first quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock worth $44,919,000 after purchasing an additional 2,820,500 shares in the last quarter. Divisadero Street Capital Management LP acquired a new stake in Savers Value Village in the second quarter worth about $16,038,000. T. Rowe Price Investment Management Inc. lifted its holdings in 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 purchasing an additional 1,167,253 shares during the period. Ameriprise Financial Inc. bought a new position in Savers Value Village in the 4th quarter valued at about $11,324,000. Finally, Marshall Wace LLP increased 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 buying an additional 905,986 shares during the period. 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.