Craig Hallum Initiates Coverage on Savers Value Village (NYSE:SVV)

Research analysts at Craig Hallum initiated coverage on shares of Savers Value Village (NYSE:SVV) in a research note issued on Monday, MarketBeat reports. The brokerage set a “buy” rating and a $19.00 price target on the stock. Craig Hallum’s price target would indicate a potential upside of 80.87% from the company’s previous close.

Several other analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Savers Value Village from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a report on Monday, December 29th. UBS Group increased their price target on Savers Value Village from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, BTIG Research assumed coverage on Savers Value Village in a research report on Tuesday, October 14th. They set a “buy” rating and a $18.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Savers Value Village currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.43.

Savers Value Village Stock Performance

NYSE:SVV opened at $10.51 on Monday. The stock’s 50-day moving average is $9.40 and its 200-day moving average is $10.79. Savers Value Village has a 1-year low of $6.48 and a 1-year high of $13.89. The company has a current ratio of 0.81, a quick ratio of 0.61 and a debt-to-equity ratio of 1.76. The stock has a market cap of $1.64 billion, a P/E ratio of -1,049.45 and a beta of 0.98.

Savers Value Village (NYSE:SVV) last posted its earnings results on Thursday, October 30th. The company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. Savers Value Village had a negative net margin of 0.11% and a positive return on equity of 9.18%. The business had revenue of $426.94 million for the quarter, compared to the consensus estimate of $427.58 million. During the same period last year, the company earned $0.15 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.440-0.460 EPS. Equities research analysts anticipate that Savers Value Village will post 0.28 earnings per share for the current year.

Insider Buying and Selling

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

Institutional Trading of Savers Value Village

Several large investors have recently modified their holdings of SVV. Caitong International Asset Management Co. Ltd lifted its stake in shares of Savers Value Village by 281.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock valued at $25,000 after buying an additional 1,409 shares in the last quarter. Sandia Investment Management LP acquired a new stake in shares of Savers Value Village in the 2nd quarter worth about $51,000. Lazard Asset Management LLC bought a new position in Savers Value Village in the 2nd quarter valued at about $57,000. Savant Capital LLC bought a new position in Savers Value Village in the 2nd quarter valued at about $104,000. Finally, State of Alaska Department of Revenue acquired a new position in Savers Value Village during the 3rd quarter valued at about $107,000. Institutional investors and hedge funds own 98.78% of the company’s stock.

Savers Value Village Company Profile

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.