FY2025 EPS Estimates for Thryv Holdings, Inc. Cut by B. Riley (NASDAQ:THRY)

Thryv Holdings, Inc. (NASDAQ:THRY) – Equities research analysts at B. Riley cut their FY2025 EPS estimates for shares of Thryv in a research note issued to investors on Thursday, May 2nd. B. Riley analyst Z. Cummins now forecasts that the company will earn $1.33 per share for the year, down from their prior estimate of $1.52. The consensus estimate for Thryv’s current full-year earnings is $0.55 per share.

Several other equities research analysts have also weighed in on the stock. TheStreet lowered shares of Thryv from a “c-” rating to a “d” rating in a research note on Friday, March 1st. Needham & Company LLC reiterated a “buy” rating and set a $28.00 price target on shares of Thryv in a research report on Friday.

Thryv Stock Performance

Thryv stock opened at $21.50 on Monday. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.15 and a quick ratio of 1.01. Thryv has a 12 month low of $15.99 and a 12 month high of $26.42. The company has a fifty day moving average price of $22.08 and a two-hundred day moving average price of $20.32. The company has a market cap of $770.35 million, a PE ratio of -2.86 and a beta of 0.92.

Thryv (NASDAQ:THRY) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.15). Thryv had a negative net margin of 28.75% and a positive return on equity of 3.07%. The firm had revenue of $233.62 million for the quarter, compared to analyst estimates of $226.66 million. During the same quarter in the previous year, the company earned $0.25 EPS. The company’s quarterly revenue was down 4.9% compared to the same quarter last year.

Hedge Funds Weigh In On Thryv

Several institutional investors have recently modified their holdings of THRY. SG Americas Securities LLC bought a new position in shares of Thryv during the third quarter worth about $334,000. Strs Ohio acquired a new position in Thryv during the 3rd quarter valued at about $420,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Thryv by 48.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,815 shares of the company’s stock worth $316,000 after buying an additional 5,500 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Thryv by 0.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,254,108 shares of the company’s stock worth $23,540,000 after acquiring an additional 3,748 shares during the period. Finally, Los Angeles Capital Management LLC boosted its holdings in shares of Thryv by 1.1% in the third quarter. Los Angeles Capital Management LLC now owns 58,452 shares of the company’s stock valued at $1,097,000 after acquiring an additional 631 shares in the last quarter. Institutional investors own 96.38% of the company’s stock.

Insider Transactions at Thryv

In other news, CEO Joe Walsh purchased 5,000 shares of the stock in a transaction dated Monday, February 26th. The stock was acquired at an average price of $19.01 per share, for a total transaction of $95,050.00. Following the completion of the transaction, the chief executive officer now owns 501,172 shares of the company’s stock, valued at $9,527,279.72. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 10.80% of the company’s stock.

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.