Savers Value Village (NYSE:SVV) Shares Down 5.6% – Here’s What Happened

Savers Value Village, Inc. (NYSE:SVV) shares fell 5.6% during mid-day trading on Tuesday . The stock traded as low as $9.32 and last traded at $9.3090. 71,609 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,165,816 shares. The stock had previously closed at $9.86.

Analysts Set New Price Targets

Several research firms have recently weighed in on SVV. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $11.00 price objective on shares of Savers Value Village in a research report on Friday, August 7th. Weiss Ratings upgraded Savers Value Village from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 2nd. Piper Sandler upped their price target on Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. raised their price target on shares of Savers Value Village from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Savers Value Village presently has a consensus rating of “Hold” and a consensus target price of $14.00.

Savers Value Village Stock Down 6.2%

The firm has a fifty day moving average of $10.30 and a 200-day moving average of $9.20. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.59. The firm has a market cap of $1.43 billion, a P/E ratio of 57.79 and a beta of 1.21.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $448.22 million during the quarter, compared to the consensus estimate of $449.00 million. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.The business’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, equities research analysts anticipate that Savers Value Village, Inc. will post 0.39 earnings per share for the current year.

Insider Activity

In other news, General Counsel Richard Medway sold 45,000 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $11.98, for a total transaction of $539,100.00. Following the transaction, the general counsel directly owned 14,440 shares in the company, valued at $172,991.20. The trade was a 75.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael W. Maher sold 49,742 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $12.33, for a total transaction of $613,318.86. Following the transaction, the chief financial officer owned 20,163 shares in the company, valued at $248,609.79. This represents a 71.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 536,642 shares of company stock valued at $6,211,521. 3.46% of the stock is owned by insiders.

Hedge Funds Weigh In On Savers Value Village

Hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Research Global Investors boosted its position in Savers Value Village by 72.9% during the fourth quarter. Capital Research Global Investors now owns 3,330,459 shares of the company’s stock worth $31,106,000 after purchasing an additional 1,403,909 shares during the period. BlackRock Inc. bought a new position in shares of Savers Value Village in the second quarter valued at about $28,470,000. Dimensional Fund Advisors LP raised its position in shares of Savers Value Village by 30.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,864,548 shares of the company’s stock valued at $13,869,000 after purchasing an additional 433,296 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Savers Value Village by 118.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,745,540 shares of the company’s stock worth $12,987,000 after buying an additional 945,823 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Savers Value Village by 33.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,044,264 shares of the company’s stock worth $7,769,000 after buying an additional 261,563 shares during the last quarter. Institutional investors own 98.78% of the company’s stock.

About Savers Value Village

Savers Value Village, Inc operates a network of for-profit thrift stores that sell donated and secondhand merchandise. Its product assortment generally includes clothing, accessories, shoes, books, household goods, furniture and other general merchandise. The company serves consumers seeking value-oriented shopping and supports the reuse of products through the resale of pre-owned goods.

The company operates under several retail banners, including Savers, Value Village, Village des Valeurs and Unique.