Thryv Holdings, Inc. (NASDAQ:THRY) Receives $21.40 Consensus Target Price from Brokerages

Key Points

• Thryv Holdings, Inc. has received a consensus rating of "Moderate Buy" from five analysts, with an average 12-month price target of $21.40.
• The company's shares last opened at $13.10, showing a 1-year price range of $10.02 to $20.92.
• Thryv reported a loss of $0.09 per share against the consensus expectation of $0.40, with quarterly revenue of $210.47 million but a year-over-year decline of 6.1%.

Shares of Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the five analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $21.40.

Separately, Wall Street Zen downgraded Thryv from a "buy" rating to a "hold" rating in a report on Saturday.

Thryv Trading Up 0.4%

THRY traded up $0.05 during trading on Wednesday, reaching $12.86. The company had a trading volume of 572,702 shares, compared to its average volume of 493,833. The stock has a market cap of $565.07 million, a P/E ratio of -5.43 and a beta of 0.94. The business has a 50 day simple moving average of $12.72 and a 200-day simple moving average of $13.60. Thryv has a 52 week low of $10.02 and a 52 week high of $20.92. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.09). The business had revenue of $210.47 million during the quarter, compared to the consensus estimate of $203.87 million. Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The business's revenue was down 6.1% compared to the same quarter last year. During the same period last year, the company earned $0.15 EPS. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts anticipate that Thryv will post -2.24 EPS for the current fiscal year.

Insider Activity

In related news, CEO Joe Walsh purchased 8,000 shares of the business's stock in a transaction dated Friday, August 1st. The shares were acquired at an average cost of $12.90 per share, for a total transaction of $103,200.00. Following the acquisition, the chief executive officer owned 592,232 shares of the company's stock, valued at $7,639,792.80. The trade was a 1.37% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders acquired 9,814 shares of company stock valued at $126,918. Company insiders own 9.88% of the company's stock.

Hedge Funds Weigh In On Thryv

Several hedge funds have recently made changes to their positions in the company. Public Sector Pension Investment Board raised its stake in Thryv by 9.6% in the 2nd quarter. Public Sector Pension Investment Board now owns 140,213 shares of the company's stock worth $1,705,000 after acquiring an additional 12,339 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Thryv by 526.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company's stock worth $52,000 after acquiring an additional 3,562 shares during the last quarter. Vident Advisory LLC raised its stake in Thryv by 19.5% in the 2nd quarter. Vident Advisory LLC now owns 32,057 shares of the company's stock worth $390,000 after acquiring an additional 5,242 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Thryv by 98.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company's stock worth $68,000 after acquiring an additional 2,764 shares during the last quarter. Finally, Luxor Capital Group LP raised its stake in Thryv by 10.4% in the 2nd quarter. Luxor Capital Group LP now owns 382,130 shares of the company's stock worth $4,647,000 after acquiring an additional 35,870 shares during the last quarter. 96.38% of the stock is owned by institutional investors and hedge funds.

About Thryv

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.