Savers Value Village, Inc. (NYSE:SVV) Receives $14.43 Average Price Target from Analysts

Shares of Savers Value Village, Inc. (NYSE:SVV) have received an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $14.4286.

SVV has been the subject of a number of research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Savers Value Village in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Savers Value Village from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. BTIG Research started coverage on shares of Savers Value Village in a report on Tuesday, October 14th. They set a “buy” rating and a $18.00 target price for the company. UBS Group increased 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 report on Friday, October 31st. Finally, Craig Hallum started coverage on shares of Savers Value Village in a research report on Monday, January 26th. They set a “buy” rating and a $19.00 price objective for the company.

Savers Value Village Stock Performance

NYSE SVV opened at $11.53 on Friday. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of -1,151.85 and a beta of 0.97. Savers Value Village has a 12-month low of $6.48 and a 12-month high of $13.89. The company has a 50-day simple moving average of $9.88 and a two-hundred day simple moving average of $10.84. The company has a quick ratio of 0.61, a current ratio of 0.81 and a debt-to-equity ratio of 1.76.

Insider Activity at Savers Value Village

In other Savers Value Village news, COO Jubran N. Tanious sold 57,706 shares of the company’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 value of $531,472.26. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.09% of the stock is owned by insiders.

Institutional Investors Weigh In On Savers Value Village

A number of hedge funds have recently bought and sold shares of SVV. Handelsbanken Fonder AB lifted its holdings in shares of Savers Value Village by 57.8% in the 4th quarter. Handelsbanken Fonder AB now owns 21,300 shares of the company’s stock worth $199,000 after acquiring an additional 7,800 shares during the last quarter. Versor Investments LP bought a new position in shares of Savers Value Village during the fourth quarter valued at approximately $106,000. Western Standard LLC purchased a new stake in shares of Savers Value Village in the fourth quarter worth approximately $1,868,000. UBS Group AG lifted its stake in shares of Savers Value Village by 53.4% during the 4th quarter. UBS Group AG now owns 297,748 shares of the company’s stock worth $2,781,000 after acquiring an additional 103,643 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Savers Value Village by 97.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,350 shares of the company’s stock worth $181,000 after acquiring an additional 9,569 shares during the last quarter. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Savers Value Village Company Profile

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.