Richard Medway Sells 20,000 Shares of Savers Value Village (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard Medway sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $13.69, for a total value of $273,800.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Savers Value Village Trading Up 1.1%

Shares of SVV stock opened at $13.12 on Friday. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $13.89. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. The stock’s fifty day moving average is $11.97 and its two-hundred day moving average is $10.39. The firm has a market capitalization of $2.04 billion, a P/E ratio of 62.50 and a beta of 1.07.

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

Analysts Set New Price Targets

A number of research analysts have weighed in on SVV shares. Wall Street Zen raised shares of Savers Value Village from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. JPMorgan Chase & Co. lifted their price objective on Savers Value Village from $9.00 to $11.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Northland Capmk raised Savers Value Village to a “strong-buy” rating in a research note on Tuesday, June 10th. Piper Sandler raised their target price 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, Northland Securities initiated coverage on Savers Value Village in a report on Tuesday, June 10th. They set an “outperform” rating and a $15.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Savers Value Village presently has an average rating of “Moderate Buy” and a consensus target price of $12.20.

Institutional Investors Weigh In On Savers Value Village

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new position in shares of Savers Value Village in the 4th quarter valued at $36,000. Sandia Investment Management LP acquired a new position in Savers Value Village in the second quarter valued at about $51,000. Lazard Asset Management LLC purchased a new position in Savers Value Village during the second quarter worth about $57,000. GAMMA Investing LLC increased its position in shares of Savers Value Village by 386.7% during the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company’s stock valued at $41,000 after acquiring an additional 4,671 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new stake in shares of Savers Value Village during the first quarter valued at about $51,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Savers Value Village Company Profile

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.