Savers Value Village (NYSE:SVV) Coverage Initiated at Craig Hallum

Craig Hallum initiated coverage on shares of Savers Value Village (NYSE:SVV) in a research report issued to clients and investors on Monday, MarketBeat.com reports. The brokerage set a “buy” rating and a $19.00 price target on the stock. Craig Hallum’s target price would suggest a potential upside of 82.43% from the company’s previous close.

SVV has been the topic of a number of other research reports. UBS Group increased their price target on Savers Value Village from $13.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. BTIG Research began coverage on shares of Savers Value Village in a research note on Tuesday, October 14th. They issued a “buy” rating and a $18.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a report on Monday, December 29th. Finally, Wall Street Zen lowered Savers Value Village from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Savers Value Village has an average rating of “Moderate Buy” and a consensus price target of $14.43.

Savers Value Village Trading Up 0.0%

Shares of NYSE:SVV opened at $10.42 on Monday. The company’s 50-day moving average price is $9.51 and its two-hundred day moving average price is $10.80. Savers Value Village has a one year low of $6.48 and a one year high of $13.89. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.81 and a quick ratio of 0.61. The stock has a market capitalization of $1.63 billion, a PE ratio of -1,040.46 and a beta of 0.98.

Savers Value Village (NYSE:SVV) last released its earnings results on Thursday, October 30th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14. The business had revenue of $426.94 million for the quarter, compared to the consensus estimate of $427.58 million. Savers Value Village had a positive return on equity of 9.18% and a negative net margin of 0.11%.Savers Value Village’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.440-0.460 EPS. On average, equities analysts forecast that Savers Value Village will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling

In other Savers Value Village news, COO Jubran N. Tanious sold 57,706 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $9.21, for a total transaction of $531,472.26. Following the sale, the chief operating officer directly owned 99,712 shares of the company’s stock, valued at $918,347.52. The trade was a 36.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.09% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Savers Value Village by 6.7% during the third quarter. Vanguard Group Inc. now owns 3,857,682 shares of the company’s stock worth $51,114,000 after purchasing an additional 242,149 shares during the period. Divisadero Street Capital Management LP raised its holdings in shares of Savers Value Village by 56.7% in the 3rd quarter. Divisadero Street Capital Management LP now owns 2,464,291 shares of the company’s stock worth $32,652,000 after acquiring an additional 891,946 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Savers Value Village by 4.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,245,409 shares of the company’s stock worth $29,752,000 after acquiring an additional 94,685 shares during the last quarter. Capital Research Global Investors bought a new position in Savers Value Village in the 3rd quarter valued at about $25,527,000. Finally, Marshall Wace LLP boosted its stake in Savers Value Village by 97.8% during the 2nd quarter. Marshall Wace LLP now owns 1,832,697 shares of the company’s stock valued at $18,694,000 after purchasing an additional 905,986 shares during the last quarter. 98.78% of the stock is owned by institutional investors.

About Savers Value Village

Savers Value Village, Inc (NYSE: SVV) is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.

At the heart of the company’s model is a partnership network with more than 500 nonprofit organizations across North America.