Short Interest in Savers Value Village, Inc. (NYSE:SVV) Declines By 31.2%

Savers Value Village, Inc. (NYSE:SVV) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 6,432,166 shares, a decline of 31.2% from the December 15th total of 9,343,125 shares. Currently, 4.2% of the company’s shares are sold short. Based on an average daily volume of 827,599 shares, the short-interest ratio is currently 7.8 days. Based on an average daily volume of 827,599 shares, the short-interest ratio is currently 7.8 days. Currently, 4.2% of the company’s shares are sold short.

Savers Value Village Stock Performance

Shares of Savers Value Village stock traded down $0.26 during trading on Friday, hitting $10.49. 911,185 shares of the company’s stock traded hands, compared to its average volume of 766,473. Savers Value Village has a 1 year low of $6.48 and a 1 year high of $13.89. The business has a 50-day simple moving average of $9.18 and a 200-day simple moving average of $10.80. 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 capitalization of $1.64 billion, a P/E ratio of -1,048.25 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 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.14. Savers Value Village had a positive return on equity of 9.18% and a negative net margin of 0.11%.The company had revenue of $426.94 million for the quarter, compared to the consensus estimate of $427.58 million. During the same quarter in the prior year, the company earned $0.15 earnings per share. Savers Value Village’s revenue was up 8.1% on a year-over-year basis. Savers Value Village has set its FY 2025 guidance at 0.440-0.460 EPS. As a group, analysts forecast that Savers Value Village will post 0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SVV shares. Wall Street Zen downgraded shares of Savers Value Village from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Savers Value Village in a research report on Monday, December 29th. UBS Group boosted their target price on Savers Value Village from $13.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, BTIG Research assumed coverage on shares of Savers Value Village in a report on Tuesday, October 14th. They set a “buy” rating and a $18.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Savers Value Village presently has an average rating of “Moderate Buy” and a consensus target price of $13.67.

Insider Buying and Selling

In related news, COO Jubran N. Tanious sold 57,706 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $9.21, for a total transaction of $531,472.26. Following the completion of the sale, the chief operating officer owned 99,712 shares of the company’s stock, valued at $918,347.52. This trade represents a 36.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 3.09% of the company’s stock.

Institutional Trading of Savers Value Village

A number of institutional investors have recently bought and sold shares of SVV. Caitong International Asset Management Co. Ltd increased its position in Savers Value Village by 281.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock valued at $25,000 after acquiring an additional 1,409 shares during the last quarter. Sandia Investment Management LP bought a new stake in shares of Savers Value Village in the 2nd quarter worth about $51,000. Lazard Asset Management LLC purchased a new position in shares of Savers Value Village during the 2nd quarter worth about $57,000. Savant Capital LLC bought a new position in Savers Value Village during the 2nd quarter valued at about $104,000. Finally, State of Alaska Department of Revenue purchased a new stake in Savers Value Village in the 3rd quarter worth about $107,000. 98.78% of the stock is currently owned by institutional investors.

About Savers Value Village

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.