Savers Value Village (NYSE:SVV) Earns Buy Rating from Analysts at Craig Hallum

Investment analysts at Craig Hallum began coverage on shares of Savers Value Village (NYSE:SVV) in a research note issued to investors on Monday, Marketbeat reports. The firm set a “buy” rating and a $19.00 price target on the stock. Craig Hallum’s price objective suggests a potential upside of 80.87% from the stock’s current price.

Several other equities analysts have also recently commented on SVV. Weiss Ratings reissued a “sell (d)” rating on shares of Savers Value Village in a research report on Monday, December 29th. BTIG Research initiated coverage on Savers Value Village in a report on Tuesday, October 14th. They set a “buy” rating and a $18.00 price target on the stock. UBS Group boosted their price objective on Savers Value Village from $13.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Wall Street Zen lowered Savers Value Village from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $14.43.

Savers Value Village Price Performance

SVV opened at $10.51 on Monday. Savers Value Village has a 1 year low of $6.48 and a 1 year high of $13.89. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.81 and a quick ratio of 0.61. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of -1,049.45 and a beta of 0.98. The firm’s fifty day moving average price is $9.40 and its two-hundred day moving average price is $10.79.

Savers Value Village (NYSE:SVV) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.14 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.14. Savers Value Village had a negative net margin of 0.11% and a positive return on equity of 9.18%. The company had revenue of $426.94 million for the quarter, compared to analyst estimates of $427.58 million. During the same period last year, the firm earned $0.15 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. Savers Value Village has set its FY 2025 guidance at 0.440-0.460 EPS. As a group, analysts anticipate that Savers Value Village will post 0.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Savers Value Village news, COO Jubran N. Tanious sold 57,706 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $9.21, for a total value of $531,472.26. Following the completion of the sale, the chief operating officer directly owned 99,712 shares of the company’s stock, valued at $918,347.52. This trade represents a 36.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 3.09% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in shares of Savers Value Village during the first quarter worth $120,000. CWM LLC lifted its holdings in Savers Value Village by 1,382.9% during the 2nd quarter. CWM LLC now owns 15,333 shares of the company’s stock worth $156,000 after purchasing an additional 14,299 shares in the last quarter. TD Asset Management Inc boosted its stake in Savers Value Village by 61.7% in the 2nd quarter. TD Asset Management Inc now owns 204,654 shares of the company’s stock worth $2,087,000 after purchasing an additional 78,070 shares during the period. Savant Capital LLC purchased a new position in Savers Value Village during the 2nd quarter valued at about $104,000. Finally, Geode Capital Management LLC grew its holdings in Savers Value Village by 5.6% during the 2nd quarter. Geode Capital Management LLC now owns 590,637 shares of the company’s stock valued at $6,025,000 after buying an additional 31,305 shares in the last quarter. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Savers Value Village Company Profile

Savers Value Village, Inc (NYSE: SVV) is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.

At the heart of the company’s model is a partnership network with more than 500 nonprofit organizations across North America.