Savers Value Village (NYSE:SVV) Trading Up 6.3% – Here’s What Happened

Savers Value Village, Inc. (NYSE:SVVGet Free Report) shares rose 6.3% during trading on Wednesday . The stock traded as high as $9.46 and last traded at $9.46. Approximately 768,007 shares were traded during trading, a decline of 31% from the average daily volume of 1,115,620 shares. The stock had previously closed at $8.90.

Analyst Upgrades and Downgrades

SVV has been the subject of several analyst reports. BTIG Research decreased their price objective on Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Robert W. Baird decreased their price objective on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Piper Sandler decreased their price objective on Savers Value Village from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Weiss Ratings cut shares of Savers Value Village from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. Finally, UBS Group reiterated a “buy” rating on shares of Savers Value Village in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $14.14.

Read Our Latest Stock Analysis on SVV

Savers Value Village Stock Down 3.9%

The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 1.64. The stock has a market cap of $1.40 billion, a PE ratio of 65.08 and a beta of 1.32. The business has a 50 day moving average price of $8.14 and a 200 day moving average price of $9.03.

Savers Value Village (NYSE:SVVGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. Savers Value Village had a net margin of 1.29% and a return on equity of 12.47%. The business had revenue of $403.20 million for the quarter, compared to analysts’ expectations of $394.53 million. During the same quarter last year, the company earned $0.02 EPS. The business’s revenue was up 8.9% on a year-over-year basis. Savers Value Village has set its FY 2026 guidance at 0.450-0.530 EPS. Equities research analysts expect that Savers Value Village, Inc. will post 0.35 EPS for the current fiscal year.

Hedge Funds Weigh In On Savers Value Village

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised 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 worth $25,000 after acquiring an additional 1,409 shares during the period. Sandia Investment Management LP acquired a new position in Savers Value Village during the second quarter worth $51,000. Lazard Asset Management LLC acquired a new position in Savers Value Village during the second quarter worth $57,000. Blair William & Co. IL acquired a new position in Savers Value Village during the fourth quarter worth $93,000. Finally, AXQ Capital LP acquired a new position in Savers Value Village during the third quarter worth $145,000. 98.78% of the stock is currently owned by institutional investors and hedge funds.

About Savers Value Village

(Get Free Report)

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.

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