Savers Value Village (NYSE:SVV) General Counsel Sells $118,038.08 in Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard Medway sold 9,052 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $13.04, for a total transaction of $118,038.08. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Savers Value Village Price Performance

NYSE SVV opened at $13.74 on Monday. The company has a market cap of $2.14 billion, a PE ratio of 65.43 and a beta of 1.02. The firm’s 50 day moving average price is $11.73 and its 200-day moving average price is $10.26. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. Savers Value Village, Inc. has a 52-week low of $6.48 and a 52-week high of $13.89.

Savers Value Village (NYSE:SVV) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The company had revenue of $417.21 million during the quarter, compared to the consensus estimate of $405.75 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Savers Value Village’s revenue for the quarter was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Sell-side analysts forecast that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Northland Capmk upgraded shares of Savers Value Village to a “strong-buy” rating in a research note on Tuesday, June 10th. JPMorgan Chase & Co. upped their target price on Savers Value Village from $9.00 to $11.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Northland Securities assumed coverage on Savers Value Village in a report on Tuesday, June 10th. They issued an “outperform” rating and a $15.00 price target for the company. Piper Sandler boosted their price target on Savers Value Village from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. Finally, Wall Street Zen raised shares of Savers Value Village from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Savers Value Village has an average rating of “Moderate Buy” and a consensus target price of $12.20.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of Savers Value Village during the fourth quarter worth about $36,000. GAMMA Investing LLC raised its position in Savers Value Village by 386.7% during the 1st quarter. GAMMA Investing LLC now owns 5,879 shares of the company’s stock worth $41,000 after buying an additional 4,671 shares during the last quarter. Versant Capital Management Inc acquired a new stake in Savers Value Village during the 1st quarter valued at approximately $51,000. Sandia Investment Management LP purchased a new stake in shares of Savers Value Village in the 2nd quarter valued at $51,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of Savers Value Village in the 2nd quarter valued at $57,000. 98.78% of the stock is owned by institutional investors and hedge funds.

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.