Wall Street Zen upgraded shares of Thryv (NASDAQ:THRY - Free Report) from a hold rating to a buy rating in a research report report published on Saturday.
Thryv Price Performance
Thryv stock traded up $0.33 during midday trading on Friday, reaching $12.51. 306,411 shares of the stock were exchanged, compared to its average volume of 462,421. The company's fifty day moving average is $12.70 and its 200-day moving average is $13.14. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market cap of $549.69 million, a PE ratio of -5.28 and a beta of 0.94. Thryv has a 52 week low of $10.02 and a 52 week high of $20.92.
Thryv (NASDAQ:THRY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.09). The firm had revenue of $210.47 million for the quarter, compared to the consensus estimate of $203.87 million. Thryv had a negative return on equity of 47.96% and a negative net margin of 11.06%.The business's revenue was down 6.1% on a year-over-year basis. During the same period last year, the company posted $0.15 EPS. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Thryv will post -2.24 EPS for the current year.
Insider Buying and Selling
In related news, CEO Joe Walsh purchased 8,000 shares of the business's stock in a transaction on Friday, August 1st. The stock was acquired at an average price of $12.90 per share, with a total value of $103,200.00. Following the purchase, the chief executive officer directly owned 592,232 shares in the company, valued at approximately $7,639,792.80. This represents a 1.37% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders have purchased 10,814 shares of company stock valued at $139,838. 9.88% of the stock is owned by insiders.
Hedge Funds Weigh In On Thryv
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Public Sector Pension Investment Board grew 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 buying an additional 12,339 shares in the last quarter. Tower Research Capital LLC TRC grew 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 buying an additional 3,562 shares in the last quarter. Vident Advisory LLC grew 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 buying an additional 5,242 shares in the last quarter. BNP Paribas Financial Markets grew 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 buying an additional 2,764 shares in the last quarter. Finally, Luxor Capital Group LP grew 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 buying an additional 35,870 shares in the last quarter. Hedge funds and other institutional investors own 96.38% of the company's stock.
Thryv Company Profile
(
Get Free Report)
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.
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