Thryv Holdings, Inc. (NASDAQ:THRY) Receives $13.00 Consensus Price Target from Analysts

Shares of Thryv Holdings, Inc. (NASDAQ:THRY) have earned a consensus recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $13.00.

THRY has been the subject of several recent analyst reports. B. Riley decreased their target price on Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Wall Street Zen lowered Thryv from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Thryv in a report on Wednesday, October 8th. Royal Bank Of Canada reduced their price target on shares of Thryv from $16.00 to $13.00 and set a “sector perform” rating for the company in a research report on Friday, October 31st. Finally, Craig Hallum downgraded shares of Thryv from a “buy” rating to a “hold” rating and set a $10.00 price objective on the stock. in a research report on Friday, October 31st.

Insider Transactions at Thryv

In other news, CEO Joe Walsh bought 25,000 shares of the stock in a transaction on Friday, November 7th. The shares were purchased at an average price of $6.51 per share, for a total transaction of $162,750.00. Following the completion of the purchase, the chief executive officer directly owned 610,232 shares of the company’s stock, valued at $3,972,610.32. This trade represents a 4.27% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired a total of 27,000 shares of company stock worth $189,360 over the last ninety days. 9.88% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Thryv

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA bought a new stake in Thryv in the first quarter worth approximately $30,209,000. Allspring Global Investments Holdings LLC lifted its stake in shares of Thryv by 1.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,127,581 shares of the company’s stock valued at $13,193,000 after purchasing an additional 15,689 shares during the last quarter. CenterBook Partners LP boosted its holdings in Thryv by 1.4% in the third quarter. CenterBook Partners LP now owns 871,991 shares of the company’s stock worth $10,516,000 after purchasing an additional 12,037 shares in the last quarter. American Century Companies Inc. increased its position in Thryv by 1,010.8% during the second quarter. American Century Companies Inc. now owns 864,246 shares of the company’s stock worth $10,509,000 after buying an additional 786,445 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in Thryv by 44.6% during the third quarter. First Eagle Investment Management LLC now owns 846,596 shares of the company’s stock valued at $10,210,000 after buying an additional 261,280 shares in the last quarter. Institutional investors own 96.38% of the company’s stock.

Thryv Stock Performance

Shares of THRY opened at $6.28 on Monday. Thryv has a 12-month low of $6.21 and a 12-month high of $20.92. The stock has a market capitalization of $273.68 million, a P/E ratio of 15.32 and a beta of 0.89. The firm’s 50 day moving average is $10.95 and its 200-day moving average is $12.32. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.15 and a quick ratio of 1.15.

Thryv (NASDAQ:THRY) last announced its earnings results on Thursday, October 30th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.30). The firm had revenue of $201.56 million during the quarter, compared to analyst estimates of $200.81 million. Thryv had a return on equity of 8.64% and a net margin of 2.29%.The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($2.65) earnings per share. Thryv has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts anticipate that Thryv will post -2.24 EPS for the current fiscal year.

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.