Savers Value Village (NYSE:SVV) Now Covered by Analysts at Craig Hallum

Craig Hallum assumed coverage on shares of Savers Value Village (NYSE:SVV) in a research note issued to investors on Monday, Marketbeat.com reports. The brokerage issued a buy rating and a $19.00 target price on the stock.

A number of other analysts have also recently weighed in on the stock. UBS Group raised their target price on shares of Savers Value Village from $13.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Wall Street Zen lowered Savers Value Village from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. BTIG Research initiated coverage on Savers Value Village in a research report on Tuesday, October 14th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $14.43.

Savers Value Village Stock Performance

Shares of NYSE SVV opened at $10.41 on Monday. Savers Value Village has a 1 year low of $6.48 and a 1 year high of $13.89. The firm has a market cap of $1.63 billion, a P/E ratio of -1,040.26 and a beta of 0.98. The stock has a fifty day moving average price of $9.46 and a two-hundred day moving average price of $10.79. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.61 and a current ratio of 0.81.

Savers Value Village (NYSE:SVV) last announced its earnings results on Thursday, October 30th. The company reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. Savers Value Village had a positive return on equity of 9.18% and a negative net margin of 0.11%.The business had revenue of $426.94 million during the quarter, compared to analysts’ expectations of $427.58 million. During the same quarter last year, the business posted $0.15 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Savers Value Village has set its FY 2025 guidance at 0.440-0.460 EPS. Research analysts forecast that Savers Value Village will post 0.28 EPS for the current fiscal year.

Insider Transactions at Savers Value Village

In related news, COO Jubran N. Tanious sold 57,706 shares of Savers Value Village stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $9.21, for a total transaction of $531,472.26. Following the completion of the sale, the chief operating officer owned 99,712 shares of the company’s stock, valued at approximately $918,347.52. This trade represents a 36.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.09% of the company’s stock.

Institutional Investors Weigh In On Savers Value Village

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Savers Value Village by 6.7% in the third quarter. Vanguard Group Inc. now owns 3,857,682 shares of the company’s stock valued at $51,114,000 after purchasing an additional 242,149 shares during the last quarter. Divisadero Street Capital Management LP grew its holdings in Savers Value Village by 56.7% in the 3rd quarter. Divisadero Street Capital Management LP now owns 2,464,291 shares of the company’s stock valued at $32,652,000 after buying an additional 891,946 shares during the last quarter. Ameriprise Financial Inc. increased its position in Savers Value Village by 4.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,245,409 shares of the company’s stock worth $29,752,000 after buying an additional 94,685 shares during the period. Capital Research Global Investors acquired a new position in shares of Savers Value Village during the third quarter worth approximately $25,527,000. Finally, Marshall Wace LLP boosted its position in shares of Savers Value Village by 97.8% in the second quarter. Marshall Wace LLP now owns 1,832,697 shares of the company’s stock valued at $18,694,000 after acquiring an additional 905,986 shares during the period. 98.78% of the stock is currently owned by institutional investors and hedge funds.

About Savers Value Village

Savers Value Village, Inc (NYSE: SVV) is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.

At the heart of the company’s model is a partnership network with more than 500 nonprofit organizations across North America.