Savers Value Village, Inc. (NYSE:SVV – Get Free Report) shares fell 6% on Thursday . The company traded as low as $9.17 and last traded at $8.99. Approximately 63,676 shares changed hands during trading, a decline of 94% from the average daily volume of 1,037,721 shares. The stock had previously closed at $9.56.
Wall Street Analysts Forecast Growth
SVV has been the subject of several research analyst reports. BTIG Research lowered their price objective on shares of Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Piper Sandler reduced their target price on Savers Value Village from $12.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Weiss Ratings lowered Savers Value Village from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 7th. Finally, Robert W. Baird lowered their target price on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $14.00.
Get Our Latest Analysis on Savers Value Village
Savers Value Village Price Performance
Savers Value Village (NYSE:SVV – Get Free Report) last posted its earnings results 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 return on equity of 12.47% and a net margin of 1.29%.The business had revenue of $403.19 million during the quarter, compared to analyst estimates of $394.53 million. During the same quarter last year, the company earned $0.02 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Savers Value Village has set its FY 2026 guidance at 0.450-0.530 EPS. On average, research analysts forecast that Savers Value Village, Inc. will post 0.35 earnings per share for the current fiscal year.
Insider Activity at Savers Value Village
In related news, CEO Mark T. Walsh sold 41,600 shares of Savers Value Village stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $10.08, for a total value of $419,328.00. Following the completion of the sale, the chief executive officer directly owned 47,363 shares in the company, valued at approximately $477,419.04. This trade represents a 46.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,000 shares of company stock worth $453,793 over the last 90 days. Company insiders own 3.46% of the company’s stock.
Hedge Funds Weigh In On Savers Value Village
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Research Global Investors grew its position in Savers Value Village by 72.9% in the 4th quarter. Capital Research Global Investors now owns 3,330,459 shares of the company’s stock worth $31,106,000 after purchasing an additional 1,403,909 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Savers Value Village by 89.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company’s stock valued at $21,937,000 after buying an additional 1,013,875 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Savers Value Village by 118.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,745,540 shares of the company’s stock valued at $12,987,000 after buying an additional 945,823 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Savers Value Village by 52.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,431,252 shares of the company’s stock worth $13,367,000 after buying an additional 491,407 shares during the last quarter. Finally, Archon Capital Management LLC boosted its stake in shares of Savers Value Village by 63.4% in the 4th quarter. Archon Capital Management LLC now owns 1,256,003 shares of the company’s stock worth $11,731,000 after buying an additional 487,136 shares during the last quarter. Institutional investors own 98.78% of the company’s stock.
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.
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