Savers Value Village, Inc. (NYSE:SVV – Get Free Report)’s stock price shot up 7.5% during trading on Thursday. The stock traded as high as $10.01 and last traded at $10.0480. 152,468 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,188,466 shares. The stock had previously closed at $9.35.
Analysts Set New Price Targets
SVV has been the topic of a number of recent analyst reports. Wells Fargo & Company began coverage on shares of Savers Value Village in a research note on Friday, September 18th. They set an “equal weight” rating and a $11.00 target price on the stock. JPMorgan Chase & Co. increased their price objective on shares of Savers Value Village from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Friday, August 7th. The Goldman Sachs Group reissued a “neutral” rating and issued a $11.00 price objective on shares of Savers Value Village in a research note on Friday, August 7th. Piper Sandler upped their target price on Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Weiss Ratings upgraded Savers Value Village from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, September 2nd. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $13.62.
Read Our Latest Stock Report on SVV
Savers Value Village Price Performance
The stock has a 50 day moving average price of $10.02 and a 200-day moving average price of $9.34. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.66. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 63.10 and a beta of 1.24.
Savers Value Village (NYSE:SVV – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%. The company had revenue of $448.22 million during the quarter, compared to analysts’ expectations of $449.00 million. During the same period last year, the business posted $0.14 EPS. Savers Value Village’s revenue for the quarter was up 7.4% on a year-over-year basis. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, analysts forecast that Savers Value Village, Inc. will post 0.39 earnings per share for the current year.
Insider Activity at Savers Value Village
In other news, CEO Mark T. Walsh sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $10.93, for a total transaction of $1,093,000.00. Following the completion of the sale, the chief executive officer owned 147,363 shares in the company, valued at $1,610,677.59. This represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Richard A. Medway sold 45,000 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $11.98, for a total transaction of $539,100.00. Following the completion of the transaction, the general counsel owned 14,440 shares of the company’s stock, valued at $172,991.20. This represents a 75.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 520,893 shares of company stock worth $6,030,305 in the last three months. Company insiders own 3.46% of the company’s stock.
Hedge Funds Weigh In On Savers Value Village
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC bought a new position in Savers Value Village in the 2nd quarter worth approximately $33,000. Caitong International Asset Management Co. Ltd grew its holdings in Savers Value Village by 128.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,357 shares of the company’s stock worth $41,000 after acquiring an additional 2,448 shares during the period. Royal Bank of Canada boosted its position in shares of Savers Value Village by 801.5% during the 1st quarter. Royal Bank of Canada now owns 11,233 shares of the company’s stock valued at $83,000 after purchasing an additional 9,987 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Savers Value Village in the 1st quarter valued at $90,000. Finally, Aaron Wealth Advisors LLC acquired a new stake in shares of Savers Value Village in the first quarter worth $100,000. Institutional investors and hedge funds own 98.78% of the company’s stock.
Savers Value Village Company Profile
Savers Value Village, Inc is a for-profit thrift retailer that operates secondhand merchandise stores and donation centers under brands including Savers, Value Village, Unique, 2nd Ave and Village des Valeurs. Its stores sell a broad assortment of previously owned clothing, accessories, home goods, books, furniture and other household merchandise.
The company obtains inventory through donations collected at its stores and donation centers, purchases from nonprofit organizations and other sourcing arrangements.
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