Analysts Set Savers Value Village, Inc. (NYSE:SVV) Price Target at $13.67

Shares of Savers Value Village, Inc. (NYSE:SVV) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $13.6667.

A number of equities analysts have recently weighed in on SVV shares. Wall Street Zen downgraded 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 research note on Monday, December 15th. UBS Group boosted 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 began coverage on shares of Savers Value Village in a research report on Tuesday, October 14th. They set a “buy” rating and a $18.00 price objective on the stock.

Savers Value Village Trading Down 1.1%

NYSE:SVV opened at $9.14 on Thursday. The stock’s 50-day moving average is $9.96 and its two-hundred day moving average is $10.90. 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 cap of $1.43 billion, a PE ratio of -913.09 and a beta of 1.01. Savers Value Village has a fifty-two week low of $6.48 and a fifty-two week high of $13.89.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings results on Wednesday, January 15th. The company reported $0.18 EPS for the quarter. 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 $394.80 million during the quarter. As a group, equities research analysts forecast that Savers Value Village will post 0.28 earnings per share for the current fiscal year.

Insider Activity at Savers Value Village

In other Savers Value Village news, insider Melinda L. Geisser sold 20,000 shares of the firm’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $13.69, for a total transaction of $273,800.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Richard A. Medway sold 20,000 shares of the company’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $13.69, for a total value of $273,800.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 83,236 shares of company stock valued at $1,112,765. Insiders own 3.09% of the company’s stock.

Institutional Investors Weigh In On Savers Value Village

A number of hedge funds have recently bought and sold shares of SVV. Caitong International Asset Management Co. Ltd grew its position 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 purchasing an additional 1,409 shares during the last quarter. Sandia Investment Management LP bought a new position in Savers Value Village in the 2nd quarter worth approximately $51,000. Lazard Asset Management LLC acquired a new position in shares of Savers Value Village during the second quarter worth approximately $57,000. Walleye Capital LLC bought a new stake in shares of Savers Value Village in the first quarter valued at approximately $74,000. Finally, Savant Capital LLC bought a new stake in shares of Savers Value Village in the second quarter valued at approximately $104,000. 98.78% of the stock is currently owned by institutional investors.

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.