Savers Value Village, Inc. (NYSE:SVV) Given Average Rating of "Moderate Buy" by Analysts

Shares of Savers Value Village, Inc. (NYSE:SVV - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seven analysts that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $11.67.

SVV has been the subject of several analyst reports. UBS Group reduced their price objective on shares of Savers Value Village from $14.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, February 21st. JPMorgan Chase & Co. decreased their price target on Savers Value Village from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, February 21st. William Blair assumed coverage on Savers Value Village in a report on Friday, April 4th. They set an "outperform" rating on the stock. Finally, Piper Sandler reduced their target price on Savers Value Village from $11.00 to $10.00 and set a "neutral" rating for the company in a report on Monday, February 24th.

Insider Transactions at Savers Value Village

In other Savers Value Village news, General Counsel Richard A. Medway sold 4,800 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total value of $55,104.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider T. Charles Hunsinger purchased 6,000 shares of the firm's stock in a transaction on Friday, March 7th. The stock was bought at an average price of $7.25 per share, for a total transaction of $43,500.00. Following the completion of the transaction, the insider now directly owns 14,100 shares in the company, valued at approximately $102,225. The trade was a 74.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.38% of the stock is currently owned by corporate insiders.

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Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SVV. Aigen Investment Management LP increased its stake in Savers Value Village by 11.2% during the fourth quarter. Aigen Investment Management LP now owns 17,175 shares of the company's stock valued at $176,000 after acquiring an additional 1,726 shares during the period. American Century Companies Inc. increased its position in shares of Savers Value Village by 15.6% during the fourth quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock valued at $158,000 after purchasing an additional 2,085 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of Savers Value Village in the fourth quarter valued at $36,000. Wells Fargo & Company MN raised its stake in shares of Savers Value Village by 51.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,931 shares of the company's stock valued at $112,000 after purchasing an additional 3,725 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in Savers Value Village by 12.6% in the fourth quarter. Hsbc Holdings PLC now owns 39,883 shares of the company's stock worth $410,000 after purchasing an additional 4,454 shares during the period. Institutional investors and hedge funds own 98.78% of the company's stock.

Savers Value Village Stock Down 1.1 %

SVV stock traded down $0.10 during mid-day trading on Friday, hitting $8.88. The stock had a trading volume of 706,711 shares, compared to its average volume of 749,908. Savers Value Village has a 1-year low of $6.48 and a 1-year high of $17.91. The company has a fifty day moving average of $8.25 and a 200 day moving average of $9.49. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 49.31 and a beta of 1.24.

Savers Value Village (NYSE:SVV - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.04). The firm had revenue of $401.99 million during the quarter, compared to analyst estimates of $402.00 million. Savers Value Village had a return on equity of 8.74% and a net margin of 1.89%. On average, equities analysts expect that Savers Value Village will post 0.28 EPS for the current fiscal year.

About Savers Value Village

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.