Savers Value Village (NYSE:SVV) Shares Up 6.3% – Here’s Why

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

Wall Street Analyst Weigh In

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

Read Our Latest Report on Savers Value Village

Savers Value Village Price Performance

The business has a 50 day moving average of $8.05 and a 200 day moving average of $9.01. The company has a market cap of $1.45 billion, a PE ratio of 67.08 and a beta of 1.32. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.79 and a quick ratio of 0.59.

Savers Value Village (NYSE:SVVGet Free Report) last announced its quarterly 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 company had revenue of $403.20 million during the quarter, compared to analyst estimates of $394.53 million. During the same quarter last year, the firm posted $0.02 earnings per share. The firm’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. As a group, research analysts predict that Savers Value Village, Inc. will post 0.35 EPS for the current year.

Institutional Trading of Savers Value Village

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SVV. SG Capital Management LLC bought a new position in Savers Value Village in the third quarter worth $3,844,000. Divisadero Street Capital Management LP raised its holdings in Savers Value Village by 56.7% in the third quarter. Divisadero Street Capital Management LP now owns 2,464,291 shares of the company’s stock worth $32,652,000 after purchasing an additional 891,946 shares in the last quarter. Western Standard LLC bought a new position in Savers Value Village in the fourth quarter worth $1,868,000. Capital Research Global Investors bought a new position in Savers Value Village in the third quarter worth $25,527,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in Savers Value Village in the third quarter worth $1,215,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

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.

Further Reading

Receive News & Ratings for Savers Value Village Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Savers Value Village and related companies with MarketBeat.com's FREE daily email newsletter.