Savers Value Village, Inc. (NYSE:SVV - Get Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $13.22 and last traded at $13.20, with a volume of 4985294 shares traded. The stock had previously closed at $12.46.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on SVV shares. Piper Sandler raised their price target 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. raised their target price 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 upgraded Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Northland Securities assumed coverage on shares of Savers Value Village in a research note on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective for the company. One investment 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 stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $12.20.
Check Out Our Latest Report on SVV
Savers Value Village Stock Performance
The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 62.86 and a beta of 1.02. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 1.65. The stock has a 50-day moving average price of $11.60 and a 200 day moving average price of $10.13.
Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $417.21 million during the quarter, compared to the consensus estimate of $405.75 million. During the same period in the previous year, the company posted $0.14 earnings per share. The business's revenue for the quarter was up 7.9% on a year-over-year basis. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. On average, analysts forecast 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 Savers Value Village stock in a transaction on Friday, September 5th. The shares were sold at an average price of $12.98, for a total transaction of $181,720.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark T. Walsh sold 2,100 shares of Savers Value Village stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $13.00, for a total transaction of $27,300.00. The disclosure for this sale can be found here. In the last three months, insiders sold 206,874 shares of company stock valued at $2,418,011. Insiders own 3.09% of the company's stock.
Institutional Investors Weigh In On Savers Value Village
Several institutional investors have recently added to or reduced their stakes in SVV. BNP Paribas Financial Markets purchased a new stake in Savers Value Village during the fourth quarter worth approximately $36,000. Nuveen Asset Management LLC lifted its position in shares of Savers Value Village by 56.8% during the 4th quarter. Nuveen Asset Management LLC now owns 107,270 shares of the company's stock worth $1,100,000 after buying an additional 38,856 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Savers Value Village during the 4th quarter worth approximately $1,986,000. Versant Capital Management Inc purchased a new stake in shares of Savers Value Village during the 1st quarter worth approximately $51,000. Finally, GAMMA Investing LLC lifted its position in shares of Savers Value Village by 386.7% during the 1st quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock worth $41,000 after buying an additional 4,671 shares during the last quarter. Hedge funds and other institutional investors own 98.78% of the company's stock.
About Savers Value Village
(
Get Free Report)
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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