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

Key Points

• Consensus "Hold": Seven analysts rate Thryv a hold (1 sell, 4 hold, 2 buy) with an average 12‑month price target of $9.50 and several recent price‑target cuts.
• Earnings miss and weak outlook: Thryv reported EPS of ($0.22) vs. $0.40 expected, analysts project FY EPS of -2.24, and the stock trades near multi‑year lows (~$2.94) below its 50‑ and 200‑day moving averages.
• Insiders buying: The CEO and CFO recently purchased shares (38,000 total this quarter), raising insider ownership to about 9.88% even as institutional/hedge fund ownership sits near 96.4%.

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) has earned a consensus recommendation of "Hold" from the seven brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $9.50.

A number of research firms have recently weighed in on THRY. Zacks Research raised Thryv from a "strong sell" rating to a "hold" rating in a research report on Monday, December 29th. Royal Bank Of Canada decreased their target price on shares of Thryv from $13.00 to $7.00 and set a "sector perform" rating on the stock in a research note on Friday, February 20th. Needham & Company LLC lowered their price target on shares of Thryv from $14.00 to $6.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Wall Street Zen lowered shares of Thryv from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Thryv in a research report on Monday, December 29th.

Thryv Stock Down 1.0%

THRY stock opened at $2.94 on Friday. Thryv has a 1 year low of $1.91 and a 1 year high of $15.74. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.00 and a current ratio of 1.00. The stock's fifty day moving average price is $4.21 and its 200-day moving average price is $7.36.

Thryv (NASDAQ:THRY - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.62). Thryv had a return on equity of 0.14% and a net margin of 0.04%.The business had revenue of $191.62 million during the quarter, compared to analysts' expectations of $191.25 million. Equities analysts anticipate that Thryv will post -2.24 earnings per share for the current year.

Insiders Place Their Bets

In other Thryv news, CFO Paul D. Rouse acquired 14,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were acquired at an average cost of $2.35 per share, for a total transaction of $32,900.00. Following the completion of the transaction, the chief financial officer directly owned 349,079 shares of the company's stock, valued at approximately $820,335.65. The trade was a 4.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Joe Walsh bought 15,000 shares of the business's stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average price of $2.91 per share, with a total value of $43,650.00. Following the transaction, the chief executive officer directly owned 775,749 shares of the company's stock, valued at $2,257,429.59. This represents a 1.97% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 38,000 shares of company stock valued at $101,930 in the last quarter. 9.88% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in THRY. Bullseye Asset Management LLC boosted its stake in Thryv by 0.9% in the 2nd quarter. Bullseye Asset Management LLC now owns 115,984 shares of the company's stock worth $1,410,000 after purchasing an additional 1,000 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Thryv by 8.0% during the second quarter. The Manufacturers Life Insurance Company now owns 13,887 shares of the company's stock valued at $169,000 after buying an additional 1,023 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Thryv by 1.7% in the second quarter. Swiss National Bank now owns 78,700 shares of the company's stock worth $957,000 after buying an additional 1,300 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Thryv by 6.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,514 shares of the company's stock worth $288,000 after acquiring an additional 1,351 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Thryv by 1.2% during the third quarter. Sei Investments Co. now owns 221,548 shares of the company's stock worth $2,672,000 after acquiring an additional 2,576 shares during the last quarter. 96.38% of the stock is owned by hedge funds and other institutional investors.

Thryv Company Profile

Thryv Holdings, Inc NASDAQ: THRY is a software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform. Headquartered in Dallas, Texas, the company delivers cloud-based software designed to simplify administrative tasks and enable business owners to engage with customers across multiple channels.

At the core of Thryv's offerings is its flagship Thryv software platform, which combines customer relationship management (CRM) tools, automated marketing and social media management, online scheduling, invoicing and payment processing.

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