Analysts Set Thryv Holdings, Inc. (NASDAQ:THRY) Target Price at $13.00

Shares of Thryv Holdings, Inc. (NASDAQ:THRY) have been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $11.50.

A number of equities analysts have recently issued reports on the company. Craig Hallum cut Thryv from a “buy” rating to a “hold” rating and set a $10.00 price objective for the company. in a report on Friday, October 31st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Thryv in a research note on Monday, December 29th. Royal Bank Of Canada reduced their price target on shares of Thryv from $13.00 to $7.00 and set a “sector perform” rating on the stock in a research report on Friday. Wall Street Zen lowered shares of Thryv from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Zacks Research raised shares of Thryv from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of THRY. Bullseye Asset Management LLC boosted its holdings in Thryv by 0.9% during the 2nd quarter. Bullseye Asset Management LLC now owns 115,984 shares of the company’s stock valued at $1,410,000 after acquiring an additional 1,000 shares during the period. The Manufacturers Life Insurance Company lifted its position in Thryv by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 13,887 shares of the company’s stock valued at $169,000 after purchasing an additional 1,023 shares during the last quarter. Swiss National Bank lifted its position in Thryv by 1.7% in the second quarter. Swiss National Bank now owns 78,700 shares of the company’s stock valued at $957,000 after purchasing an additional 1,300 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Thryv by 6.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,514 shares of the company’s stock valued at $288,000 after purchasing an additional 1,351 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Thryv by 1.2% in the third quarter. Sei Investments Co. now owns 221,548 shares of the company’s stock worth $2,672,000 after purchasing an additional 2,576 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Thryv Stock Up 2.6%

THRY opened at $3.90 on Wednesday. The stock has a market cap of $169.96 million, a PE ratio of 9.51 and a beta of 0.87. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.17. Thryv has a 52 week low of $3.45 and a 52 week high of $20.92. The business’s fifty day simple moving average is $5.08 and its 200 day simple moving average is $8.46.

About Thryv

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.