William Blair Reiterates Outperform Rating for Thryv (NASDAQ:THRY)

Thryv (NASDAQ:THRY)‘s stock had its “outperform” rating restated by research analysts at William Blair in a note issued to investors on Friday,RTT News reports.

THRY has been the subject of several other reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Thryv in a report on Wednesday, October 8th. Wall Street Zen upgraded Thryv from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $20.50.

Thryv Trading Down 0.4%

Shares of NASDAQ THRY opened at $11.08 on Friday. Thryv has a one year low of $10.02 and a one year high of $20.92. The firm has a market capitalization of $486.86 million, a PE ratio of -4.68 and a beta of 0.92. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.24. The business has a 50-day moving average price of $12.37 and a two-hundred day moving average price of $12.62.

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

Insider Buying and Selling at Thryv

In related news, CEO Joe Walsh acquired 8,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were acquired 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 of the company’s stock, valued at approximately $7,639,792.80. The trade was a 1.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders purchased 10,814 shares of company stock valued at $139,838. 9.88% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in THRY. Tower Research Capital LLC TRC increased its position in Thryv by 526.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock worth $52,000 after buying an additional 3,562 shares during the period. BNP Paribas Financial Markets increased its position in Thryv by 98.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company’s stock worth $68,000 after buying an additional 2,764 shares during the period. CWM LLC increased its position in Thryv by 567.6% in the 2nd quarter. CWM LLC now owns 8,338 shares of the company’s stock worth $101,000 after buying an additional 7,089 shares during the period. XTX Topco Ltd bought a new position in Thryv in the 2nd quarter worth approximately $123,000. Finally, Clarus Group Inc. bought a new position in Thryv in the 1st quarter worth approximately $134,000. 96.38% of the stock is owned by institutional investors.

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.