Savers Value Village (NYSE:SVV) Announces Earnings Results, Misses Estimates By $0.04 EPS

Savers Value Village (NYSE:SVV) posted its earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04), Zacks reports. Savers Value Village had a net margin of 4.93% and a return on equity of 9.11%.

Savers Value Village Stock Performance

Savers Value Village stock traded up $0.06 during mid-day trading on Thursday, reaching $11.26. The company had a trading volume of 538,287 shares, compared to its average volume of 537,849. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70. Savers Value Village has a 52 week low of $7.78 and a 52 week high of $21.33. The company has a 50 day moving average of $10.65 and a 200-day moving average of $10.06. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 24.47 and a beta of 1.09.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised their target price on shares of Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $12.20.

Insider Buying and Selling at Savers Value Village

In other news, General Counsel Richard A. Medway sold 4,800 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total transaction of $55,104.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.38% of the company’s stock.

Savers Value Village Company Profile

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.