Savers Value Village, Inc. (NYSE:SVV) Receives $14.43 Consensus PT from Brokerages

Savers Value Village, Inc. (NYSE:SVV) has been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $14.4286.

Several brokerages have issued reports on SVV. Wall Street Zen lowered shares of Savers Value Village from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Craig Hallum started coverage on shares of Savers Value Village in a research note on Monday, January 26th. They issued a “buy” rating and a $19.00 target price on the stock. UBS Group raised their price target on shares of Savers Value Village from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Savers Value Village in a research note on Monday, December 29th.

Insiders Place Their Bets

In other Savers Value Village news, COO Jubran N. Tanious sold 57,706 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $9.21, for a total value of $531,472.26. Following the sale, the chief operating officer directly owned 99,712 shares in the company, valued at $918,347.52. This represents a 36.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.09% of the stock is owned by company insiders.

Institutional Investors Weigh In On Savers Value Village

Large investors have recently made changes to their positions in the company. Capital Research Global Investors acquired a new position in Savers Value Village in the third quarter valued at about $25,527,000. Divisadero Street Capital Management LP bought a new position in shares of Savers Value Village in the second quarter valued at approximately $16,038,000. Ameriprise Financial Inc. boosted its holdings in shares of Savers Value Village by 89.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company’s stock worth $21,937,000 after acquiring an additional 1,013,875 shares in the last quarter. Marshall Wace LLP grew its position in Savers Value Village by 97.8% during the 2nd quarter. Marshall Wace LLP now owns 1,832,697 shares of the company’s stock worth $18,694,000 after acquiring an additional 905,986 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Savers Value Village by 52.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,431,252 shares of the company’s stock worth $13,367,000 after acquiring an additional 491,407 shares during the last quarter. Institutional investors own 98.78% of the company’s stock.

Savers Value Village Stock Performance

Shares of NYSE SVV opened at $10.90 on Friday. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of -1,088.41 and a beta of 0.97. Savers Value Village has a one year low of $6.48 and a one year high of $13.89. The business has a fifty day simple moving average of $10.05 and a 200 day simple moving average of $10.85. The company has a current ratio of 0.81, a quick ratio of 0.61 and a debt-to-equity ratio of 1.76.

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.