Analysts Set Savers Value Village, Inc. (NYSE:SVV) Target Price at $25.13

Shares of Savers Value Village, Inc. (NYSE:SVVGet Free Report) have been given a consensus recommendation of “Buy” by the nine analysts that are currently covering the stock, Marketbeat.com reports. Nine research analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $25.13.

SVV has been the subject of a number of research reports. Piper Sandler cut their price objective on Savers Value Village from $24.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, May 10th. Loop Capital cut their price objective on shares of Savers Value Village from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Monday, May 13th. Finally, Robert W. Baird decreased their target price on shares of Savers Value Village from $23.00 to $21.00 and set an “outperform” rating on the stock in a research report on Friday, May 10th.

Check Out Our Latest Stock Analysis on SVV

Savers Value Village Stock Down 0.1 %

SVV stock opened at $13.13 on Tuesday. Savers Value Village has a 1-year low of $10.16 and a 1-year high of $26.88. The stock has a market cap of $2.12 billion and a price-to-earnings ratio of 32.02. The company has a current ratio of 0.99, a quick ratio of 0.83 and a debt-to-equity ratio of 1.86. The company’s 50 day moving average is $15.54 and its 200 day moving average is $17.05.

Savers Value Village (NYSE:SVVGet Free Report) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.07). Savers Value Village had a return on equity of 12.18% and a net margin of 4.17%. The company had revenue of $354.17 million during the quarter, compared to the consensus estimate of $354.88 million. Sell-side analysts predict that Savers Value Village will post 0.56 EPS for the current fiscal year.

Insider Transactions at Savers Value Village

In related news, CEO Mark T. Walsh sold 17,000 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $18.61, for a total transaction of $316,370.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, General Counsel Richard A. Medway sold 5,700 shares of the stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $18.98, for a total value of $108,186.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mark T. Walsh sold 17,000 shares of the firm’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $18.61, for a total transaction of $316,370.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 55,855 shares of company stock worth $1,038,650. Company insiders own 2.38% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Norges Bank purchased a new stake in Savers Value Village in the fourth quarter worth $25,076,000. SG Americas Securities LLC purchased a new stake in shares of Savers Value Village in the 4th quarter worth about $937,000. Invesco Ltd. increased its stake in shares of Savers Value Village by 5.1% in the 3rd quarter. Invesco Ltd. now owns 446,637 shares of the company’s stock worth $8,339,000 after acquiring an additional 21,637 shares in the last quarter. Alberta Investment Management Corp lifted its position in Savers Value Village by 345.3% during the 4th quarter. Alberta Investment Management Corp now owns 206,564 shares of the company’s stock valued at $3,590,000 after acquiring an additional 160,176 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Savers Value Village by 1,264.2% during the third quarter. Vanguard Group Inc. now owns 2,250,983 shares of the company’s stock worth $42,026,000 after acquiring an additional 2,085,983 shares in the last quarter. Institutional investors own 98.78% of the company’s stock.

About Savers Value Village

(Get Free Report

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.

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Analyst Recommendations for Savers Value Village (NYSE:SVV)

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