Short Interest in Savers Value Village, Inc. (NYSE:SVV) Declines By 31.2%

Savers Value Village, Inc. (NYSE:SVV) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 6,432,166 shares, a drop of 31.2% from the December 15th total of 9,343,125 shares. Based on an average trading volume of 827,599 shares, the short-interest ratio is currently 7.8 days. Approximately 4.2% of the shares of the company are sold short. Approximately 4.2% of the shares of the company are sold short. Based on an average trading volume of 827,599 shares, the short-interest ratio is currently 7.8 days.

Insider Buying and Selling at Savers Value Village

In other news, COO Jubran N. Tanious sold 57,706 shares of the business’s stock in a transaction 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 completion of the sale, the chief operating officer 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 sale was disclosed in a legal filing with the SEC, which is available at this link. 3.09% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Savers Value Village

A number of hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its stake in shares of Savers Value Village by 281.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock worth $25,000 after buying an additional 1,409 shares in the last quarter. Sandia Investment Management LP bought a new position in shares of Savers Value Village in the 2nd quarter valued at about $51,000. Lazard Asset Management LLC purchased a new position in Savers Value Village in the second quarter worth about $57,000. Savant Capital LLC bought a new stake in Savers Value Village during the second quarter worth approximately $104,000. Finally, State of Alaska Department of Revenue purchased a new stake in Savers Value Village during the third quarter valued at approximately $107,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Savers Value Village in a research report on Monday, December 29th. UBS Group upped their target price on shares of Savers Value Village from $13.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, October 31st. BTIG Research initiated coverage on Savers Value Village in a report on Tuesday, October 14th. They set a “buy” rating and a $18.00 price target on the stock. Finally, Wall Street Zen downgraded Savers Value Village from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.67.

Savers Value Village Price Performance

Shares of Savers Value Village stock traded down $0.26 during trading on Friday, reaching $10.49. 911,185 shares of the stock traded hands, compared to its average volume of 766,473. Savers Value Village has a 52-week low of $6.48 and a 52-week 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 business has a fifty day simple moving average of $9.18 and a two-hundred day simple moving average of $10.80. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of -1,048.25 and a beta of 0.98.

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

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.