Thryv's (THRY) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Thryv's stock has been reaffirmed with a "Sell (D-)" rating by Weiss Ratings, despite a recent upgrade from Wall Street Zen, which moved its rating from "Hold" to "Buy."
• The company's stock is currently trading at $11.09, down 1.2%, with analysts estimating an average price target of $20.50.
• Thryv reported mixed quarterly earnings, with earnings per share of $0.31, missing estimates, and a 6.1% year-over-year revenue decline to $210.47 million.

Thryv (NASDAQ:THRY - Get Free Report)'s stock had its "sell (d-)" rating reissued by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Thryv from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $20.50.

Thryv Stock Down 1.2%

Shares of THRY stock opened at $11.09 on Wednesday. The stock's 50-day simple moving average is $12.64 and its 200-day simple moving average is $12.77. 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 capitalization of $487.29 million, a PE ratio of -4.68 and a beta of 0.92. Thryv has a fifty-two week low of $10.02 and a fifty-two week high of $20.92.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $203.87 million. Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The firm's revenue for the quarter was down 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.15 earnings per share. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts expect that Thryv will post -2.24 earnings per share for the current year.

Insider Activity at Thryv

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

Hedge Funds Weigh In On Thryv

A number of hedge funds have recently bought and sold shares of THRY. GAMMA Investing LLC boosted its position in Thryv by 5,199.7% during the first quarter. GAMMA Investing LLC now owns 17,012 shares of the company's stock worth $218,000 after purchasing an additional 16,691 shares in the last quarter. Rhumbline Advisers boosted its position in Thryv by 2.5% during the first quarter. Rhumbline Advisers now owns 102,261 shares of the company's stock worth $1,310,000 after purchasing an additional 2,477 shares in the last quarter. SG Americas Securities LLC boosted its position in Thryv by 43.2% during the first quarter. SG Americas Securities LLC now owns 33,214 shares of the company's stock worth $425,000 after purchasing an additional 10,021 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in Thryv during the first quarter worth approximately $212,000. Finally, Clarus Group Inc. purchased a new position in Thryv during the first quarter worth approximately $134,000. Hedge funds and other institutional investors own 96.38% of the company's stock.

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.

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