Thryv Holdings, Inc. (NASDAQ:THRY) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Thryv Holdings, Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with one hold rating and four buy ratings, and an average price target of $21.40.
• The company's recent earnings report revealed an EPS of $0.31, which missed analysts' expectations of $0.40, and a year-over-year revenue decline of 6.1%.
• Insider trading activity includes CEO Joe Walsh purchasing 8,000 shares at an average price of $12.90, indicating confidence in the company's future prospects.

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

Separately, Wall Street Zen upgraded Thryv from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th.

Insider Buying and Selling at Thryv

In other Thryv news, CEO Joe Walsh bought 8,000 shares of Thryv stock in a transaction on Friday, August 1st. The shares were bought at an average price of $12.90 per share, for a total transaction of $103,200.00. Following the completion of the transaction, the chief executive officer directly owned 592,232 shares of the company's stock, valued at $7,639,792.80. This trade represents a 1.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders purchased a total of 10,814 shares of company stock valued at $139,838 in the last quarter. Company insiders own 9.88% of the company's stock.

Hedge Funds Weigh In On Thryv

Large investors have recently modified their holdings of the business. Tower Research Capital LLC TRC boosted its holdings in shares of Thryv by 526.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company's stock worth $52,000 after purchasing an additional 3,562 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Thryv by 98.5% during the second quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company's stock worth $68,000 after buying an additional 2,764 shares during the period. CWM LLC lifted its position in shares of Thryv by 567.6% during the 2nd quarter. CWM LLC now owns 8,338 shares of the company's stock valued at $101,000 after acquiring an additional 7,089 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Thryv in the second quarter worth $123,000. Finally, Clarus Group Inc. bought a new stake in Thryv in the first quarter worth $134,000. 96.38% of the stock is owned by hedge funds and other institutional investors.

Thryv Trading Down 1.6%

Shares of Thryv stock traded down $0.20 on Friday, hitting $12.19. The stock had a trading volume of 146,841 shares, compared to its average volume of 498,141. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. The stock has a market cap of $535.63 million, a price-to-earnings ratio of -5.16 and a beta of 0.94. The stock's 50-day simple moving average is $12.69 and its two-hundred day simple moving average is $13.03. Thryv has a one year low of $10.02 and a one year high of $20.92.

Thryv (NASDAQ:THRY - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.09). Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The firm had revenue of $210.47 million for the quarter, compared to the consensus estimate of $203.87 million. During the same quarter in the prior year, the firm earned $0.15 earnings per share. The company's revenue for the quarter was down 6.1% compared to the same quarter last year. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Thryv will post -2.24 EPS for the current year.

Thryv Company Profile

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.