Thryv (NASDAQ:THRY) Receives “Outperform” Rating from William Blair

William Blair reiterated their outperform rating on shares of Thryv (NASDAQ:THRY) in a research note published on Friday,RTT News reports.

A number of other analysts have also commented on the company. Wall Street Zen raised Thryv from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Thryv in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $20.50.

Thryv Stock Down 0.4%

THRY stock opened at $11.08 on Friday. The company’s 50 day simple moving average is $12.37 and its 200-day simple moving average is $12.62. The firm has a market capitalization of $486.86 million, a PE ratio of -4.68 and a beta of 0.92. Thryv has a 12 month low of $10.02 and a 12 month high of $20.92. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.20 and a quick ratio of 1.20.

Thryv (NASDAQ:THRY) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.09). The business 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 fiscal year.

Insider Transactions at Thryv

In other Thryv news, CEO Joe Walsh purchased 8,000 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were purchased at an average cost of $12.90 per share, with a total value of $103,200.00. Following the purchase, the chief executive officer 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 transaction was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders bought 10,814 shares of company stock valued at $139,838. 9.88% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Thryv

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted its position in shares of Thryv by 5,199.7% in the first quarter. GAMMA Investing LLC now owns 17,012 shares of the company’s stock worth $218,000 after acquiring an additional 16,691 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of Thryv in the 1st quarter valued at $212,000. Goldman Sachs Group Inc. boosted its holdings in Thryv by 46.4% in the first quarter. Goldman Sachs Group Inc. now owns 376,141 shares of the company’s stock valued at $4,818,000 after acquiring an additional 119,167 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Thryv by 2.4% in the first quarter. Principal Financial Group Inc. now owns 201,186 shares of the company’s stock valued at $2,577,000 after acquiring an additional 4,664 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in Thryv by 14.2% in the first quarter. Swiss National Bank now owns 77,400 shares of the company’s stock valued at $991,000 after acquiring an additional 9,600 shares during the last quarter. 96.38% of the stock is owned by institutional investors and hedge funds.

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.