Savers Value Village, Inc. (NYSE:SVV) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Savers Value Village, Inc. (NYSE:SVV) have received an average recommendation of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Nine research analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $27.63.

Separately, Robert W. Baird lowered their price target on shares of Savers Value Village from $23.00 to $21.00 and set an “outperform” rating on the stock in a report on Friday.

Insider Buying and Selling at Savers Value Village

In other Savers Value Village news, insider Jubran N. Tanious sold 10,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $20.00, for a total transaction of $200,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Savers Value Village news, insider Jubran N. Tanious sold 10,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $20.00, for a total transaction of $200,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark T. Walsh sold 2,793 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $18.01, for a total transaction of $50,301.93. The disclosure for this sale can be found here. Insiders have sold a total of 65,855 shares of company stock worth $1,238,650 over the last 90 days.

Institutional Trading of Savers Value Village

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC bought a new stake in Savers Value Village in the fourth quarter valued at about $36,000. Amalgamated Bank acquired a new position in shares of Savers Value Village during the third quarter worth approximately $60,000. Tower Research Capital LLC TRC lifted its holdings in Savers Value Village by 49.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,508 shares of the company’s stock valued at $78,000 after buying an additional 1,500 shares during the period. Citigroup Inc. acquired a new position in Savers Value Village in the third quarter valued at approximately $92,000. Finally, Quantbot Technologies LP acquired a new position in Savers Value Village in the third quarter valued at approximately $188,000. Institutional investors own 98.78% of the company’s stock.

Savers Value Village Price Performance

SVV opened at $17.15 on Friday. The business has a fifty day simple moving average of $18.07 and a 200-day simple moving average of $17.13. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.07 and a quick ratio of 0.93. Savers Value Village has a fifty-two week low of $10.16 and a fifty-two week high of $26.88.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.07). Savers Value Village had a return on equity of 14.98% and a net margin of 3.54%. The firm had revenue of $354.17 million for the quarter, compared to analysts’ expectations of $354.88 million. On average, equities analysts predict that Savers Value Village will post 0.55 earnings per share for the current year.

About Savers Value Village

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.