Thryv Holdings, Inc. (NASDAQ:THRY) Given Average Rating of “Hold” by Brokerages

Shares of Thryv Holdings, Inc. (NASDAQ:THRY) have received an average rating of “Hold” from the seven research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $9.50.

Several equities research analysts have recently commented on THRY shares. Zacks Research raised Thryv from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Weiss Ratings raised Thryv from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, May 4th.

Institutional Trading of Thryv

Large investors have recently bought and sold shares of the company. Russell Investments Group Ltd. raised its stake in shares of Thryv by 2,516.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,114 shares of the company’s stock worth $38,000 after buying an additional 2,995 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Thryv by 526.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock valued at $52,000 after acquiring an additional 3,562 shares during the last quarter. Quarry LP increased its holdings in Thryv by 787.2% during the 3rd quarter. Quarry LP now owns 5,066 shares of the company’s stock valued at $61,000 after acquiring an additional 4,495 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Thryv by 98.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company’s stock valued at $68,000 after acquiring an additional 2,764 shares in the last quarter. Finally, Aquatic Capital Management LLC acquired a new position in Thryv during the third quarter worth about $107,000. Institutional investors and hedge funds own 96.38% of the company’s stock.

Thryv Stock Down 8.3%

Shares of NASDAQ THRY opened at $3.85 on Friday. The stock has a market capitalization of $170.75 million, a price-to-earnings ratio of 12.03 and a beta of 0.90. Thryv has a 52 week low of $1.91 and a 52 week high of $14.28. The firm has a 50-day moving average price of $3.84 and a 200 day moving average price of $3.85. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.03.

Thryv (NASDAQ:THRY) last issued its earnings results on Thursday, April 30th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.16. Thryv had a net margin of 1.88% and a return on equity of 6.58%. The company had revenue of $167.68 million for the quarter, compared to analyst estimates of $161.69 million. Equities research analysts anticipate that Thryv will post 0.55 EPS for the current fiscal year.

Thryv Company Profile

Thryv Holdings, Inc (NASDAQ:THRY) is a software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform. Headquartered in Dallas, Texas, the company delivers cloud-based software designed to simplify administrative tasks and enable business owners to engage with customers across multiple channels.

At the core of Thryv’s offerings is its flagship Thryv software platform, which combines customer relationship management (CRM) tools, automated marketing and social media management, online scheduling, invoicing and payment processing.