Savers Value Village (NYSE:SVV) Reaches New 1-Year High - What's Next?

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) reached a new 52-week high during trading on Thursday . The stock traded as high as $13.11 and last traded at $13.07, with a volume of 392567 shares. The stock had previously closed at $12.64.

Analysts Set New Price Targets

Several equities research analysts recently commented 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 note on Friday, August 1st. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. JPMorgan Chase & Co. raised 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 report on Monday, July 28th. Wall Street Zen upgraded shares of Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Northland Securities started coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price target for the company. One 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 company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $12.20.

Savers Value Village Price Performance

The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 60.67 and a beta of 1.02. The business's fifty day moving average price is $11.12 and its 200-day moving average price is $9.76. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.69 and a quick ratio of 0.51.

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

Insider Activity at Savers Value Village

In related news, insider Melinda L. Geisser sold 14,000 shares of Savers Value Village stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $12.48, for a total transaction of $174,720.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Richard A. Medway sold 17,619 shares of the business's stock in a transaction dated Thursday, July 3rd. The stock was 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. Insiders have sold 190,560 shares of company stock valued at $2,205,851 over the last 90 days. Corporate insiders own 3.09% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP purchased a new stake in shares of Savers Value Village during the 4th quarter valued at approximately $767,000. Northern Trust Corp raised its holdings in shares of Savers Value Village by 6.6% in the 4th quarter. Northern Trust Corp now owns 223,146 shares of the company's stock valued at $2,287,000 after acquiring an additional 13,764 shares in the last quarter. Ameriprise Financial Inc. purchased a new stake in Savers Value Village in the fourth quarter valued at approximately $11,324,000. BNP Paribas Financial Markets purchased a new stake in shares of Savers Value Village during the 4th quarter valued at $36,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Savers Value Village during the fourth quarter valued at about $183,000. Hedge funds and other institutional investors own 98.78% of the company's stock.

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.

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.