Thryv Holdings, Inc. (NASDAQ:THRY) Receives Average Rating of “Hold” from Brokerages

Thryv Holdings, Inc. (NASDAQ:THRY) has earned an average recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $13.00.

THRY has been the subject of several analyst reports. Royal Bank Of Canada decreased their target price on shares of Thryv from $16.00 to $13.00 and set a “sector perform” rating for the company in a research note on Friday, October 31st. B. Riley cut their price objective on shares of Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a report on Friday, October 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Thryv in a research note on Wednesday, October 8th. Needham & Company LLC dropped their target price on Thryv from $20.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Finally, William Blair cut Thryv from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th.

Thryv Stock Performance

Shares of THRY opened at $6.26 on Monday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a 50-day moving average of $11.33 and a two-hundred day moving average of $12.46. The stock has a market cap of $272.81 million, a P/E ratio of 15.27 and a beta of 0.89. Thryv has a one year low of $6.21 and a one year high of $20.92.

Thryv (NASDAQ:THRY) last issued its earnings results on Thursday, October 30th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.30). The firm had revenue of $201.56 million during the quarter, compared to analysts’ expectations of $200.81 million. Thryv had a net margin of 2.29% and a return on equity of 8.64%. Thryv’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($2.65) EPS. Thryv has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts predict that Thryv will post -2.24 EPS for the current year.

Institutional Investors Weigh In On Thryv

Several large investors have recently bought and sold shares of THRY. Tower Research Capital LLC TRC raised its stake in Thryv by 526.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock valued at $52,000 after purchasing an additional 3,562 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Thryv by 98.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company’s stock worth $68,000 after purchasing an additional 2,764 shares during the last quarter. State of Wyoming purchased a new stake in shares of Thryv during the third quarter worth $82,000. CWM LLC raised its position in shares of Thryv by 567.6% in the second quarter. CWM LLC now owns 8,338 shares of the company’s stock valued at $101,000 after buying an additional 7,089 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Thryv in the second quarter worth about $123,000. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

About Thryv

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.