Savers Value Village (NYSE:SVV) Sets New 12-Month High – Time to Buy?

Savers Value Village, Inc. (NYSE:SVV)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $12.24 and last traded at $12.19, with a volume of 176332 shares changing hands. The stock had previously closed at $11.90.

Analyst Upgrades and Downgrades

SVV has been the topic of a number of research analyst reports. Northland Securities initiated coverage on shares of Savers Value Village in a research report on Tuesday, June 10th. They set an “outperform” rating and a $15.00 price objective on the stock. Piper Sandler boosted their price objective on shares of Savers Value Village from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. JPMorgan Chase & Co. boosted their price objective on shares of Savers Value Village from $9.00 to $11.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Northland Capmk raised shares of Savers Value Village to a “strong-buy” rating in a research report on Tuesday, June 10th. Finally, Wall Street Zen raised shares of Savers Value Village from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Savers Value Village currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.20.

Savers Value Village Trading Up 2.1%

The stock has a market cap of $1.89 billion, a P/E ratio of 57.84 and a beta of 1.00. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The stock’s fifty day moving average price is $10.79 and its 200 day moving average price is $9.67.

Savers Value Village (NYSE:SVV) last announced its earnings results on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The firm had revenue of $417.21 million for the quarter, compared to analysts’ expectations of $405.75 million. During the same quarter in the previous year, the business posted $0.14 EPS. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Equities research analysts expect that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Insider Activity

In other news, Director William T. Allen sold 12,402 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $11.15, for a total transaction of $138,282.30. Following the sale, the director owned 16,655 shares in the company, valued at approximately $185,703.25. The trade was a 42.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Melinda L. Geisser sold 7,824 shares of the business’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $11.48, for a total transaction of $89,819.52. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 110,110 shares of company stock worth $1,203,676. Corporate insiders own 3.09% of the company’s stock.

Hedge Funds Weigh In On Savers Value Village

A number of hedge funds have recently bought and sold shares of the company. Primecap Management Co. CA boosted its stake in Savers Value Village by 0.4% in the 1st quarter. Primecap Management Co. CA now owns 473,525 shares of the company’s stock worth $3,267,000 after purchasing an additional 1,775 shares in the last quarter. Invesco Ltd. boosted its stake in Savers Value Village by 5.9% in the 2nd quarter. Invesco Ltd. now owns 39,781 shares of the company’s stock worth $406,000 after purchasing an additional 2,224 shares in the last quarter. BNP Paribas Financial Markets bought a new position in Savers Value Village in the 4th quarter worth about $36,000. Wells Fargo & Company MN boosted its stake in Savers Value Village by 51.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,931 shares of the company’s stock worth $112,000 after purchasing an additional 3,725 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in Savers Value Village by 12.6% in the 4th quarter. Hsbc Holdings PLC now owns 39,883 shares of the company’s stock worth $410,000 after purchasing an additional 4,454 shares in the last quarter. Institutional investors own 98.78% of the company’s stock.

About Savers Value Village

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.