Savers Value Village (NYSE:SVV) Sees Large Volume Increase - Still a Buy?

Key Points

• Savers Value Village experienced a remarkable 110% increase in trading volume, with nearly 2 million shares traded, pushing the stock price up to $12.95 from a previous close of $12.46.
• Wall Street analysts have shown optimism for the company, with target price increases from $9.00 to $11.00 by JPMorgan and an upgrade to a "strong-buy" rating from Northland Capital.
• The company reported better-than-expected earnings with $0.14 EPS and a revenue of $417.21 million, surpassing analysts' expectations.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 1,952,387 shares traded hands during trading, an increase of 110% from the previous session's volume of 930,861 shares.The stock last traded at $12.95 and had previously closed at $12.46.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on SVV shares. JPMorgan Chase & Co. boosted their target price on shares of Savers Value Village from $9.00 to $11.00 and gave the company 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 research note on Saturday, August 2nd. Northland Capmk upgraded shares of Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. Piper Sandler boosted their price target on shares of Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Finally, 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 target for the company. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $12.20.

Savers Value Village Price Performance

The firm has a market capitalization of $2.01 billion, a PE ratio of 61.56 and a beta of 1.02. The business's 50 day moving average is $11.53 and its two-hundred day moving average is $10.10. 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 posted 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. The firm had revenue of $417.21 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, research analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Insider Transactions at Savers Value Village

In other news, insider Melinda L. Geisser sold 14,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $12.48, for a total value of $174,720.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, General Counsel Richard A. Medway sold 17,619 shares of the firm's stock in a transaction that occurred on 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. In the last three months, insiders have sold 206,874 shares of company stock valued at $2,418,011. 3.09% of the stock is currently owned by insiders.

Institutional Trading of Savers Value Village

Several large investors have recently added to or reduced their stakes in SVV. BNP Paribas Financial Markets bought a new stake in Savers Value Village in the fourth quarter valued at $36,000. Nuveen Asset Management LLC boosted its holdings in Savers Value Village by 56.8% in the fourth quarter. Nuveen Asset Management LLC now owns 107,270 shares of the company's stock valued at $1,100,000 after acquiring an additional 38,856 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Savers Value Village in the fourth quarter valued at $1,986,000. Versant Capital Management Inc bought a new stake in Savers Value Village in the first quarter valued at $51,000. Finally, GAMMA Investing LLC boosted its holdings in Savers Value Village by 386.7% in the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock valued at $41,000 after acquiring an additional 4,671 shares in the last quarter. Institutional investors own 98.78% of the company's stock.

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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