Brokerages Set Thryv Holdings, Inc. (NASDAQ:THRY) Price Target at $21.40

Thryv Holdings, Inc. (NASDAQ:THRY) has been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $21.40.

Separately, Wall Street Zen raised Thryv from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th.

Insiders Place Their Bets

In other Thryv news, CEO Joe Walsh purchased 8,000 shares of the firm’s stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $12.90 per share, with a total value of $103,200.00. Following the purchase, the chief executive officer directly owned 592,232 shares of the company’s stock, valued at $7,639,792.80. The trade was a 1.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders purchased 10,814 shares of company stock worth $139,838. Corporate insiders own 9.88% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in THRY. Tower Research Capital LLC TRC grew its position in Thryv by 526.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock valued at $52,000 after purchasing an additional 3,562 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Thryv by 98.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company’s stock valued at $68,000 after acquiring an additional 2,764 shares in the last quarter. CWM LLC grew its holdings in shares of Thryv by 567.6% in the 2nd quarter. CWM LLC now owns 8,338 shares of the company’s stock valued at $101,000 after acquiring an additional 7,089 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Thryv in the second quarter valued at about $123,000. Finally, Clarus Group Inc. bought a new stake in Thryv during the first quarter worth about $134,000. Institutional investors and hedge funds own 96.38% of the company’s stock.

Thryv Stock Down 1.8%

Thryv stock opened at $12.17 on Friday. The company has a 50 day moving average of $12.70 and a 200-day moving average of $13.02. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. Thryv has a twelve month low of $10.02 and a twelve month high of $20.92. The stock has a market capitalization of $534.75 million, a PE ratio of -5.13 and a beta of 0.94.

Thryv (NASDAQ:THRY) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.09). The company had revenue of $210.47 million during the quarter, compared to the consensus estimate of $203.87 million. Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The company’s revenue was down 6.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.15 earnings per share. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Thryv will post -2.24 EPS for the current fiscal year.

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.