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

Shares of Savers Value Village, Inc. (NYSE:SVV - Get Free Report) have received an average rating of "Moderate Buy" from the six ratings firms that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $11.67.

A number of brokerages recently issued reports on SVV. Piper Sandler lowered their price objective on Savers Value Village from $11.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, February 24th. JPMorgan Chase & Co. lowered their price target on shares of Savers Value Village from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Finally, UBS Group cut 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 report on Friday, February 21st.

Savers Value Village Stock Performance

Shares of NYSE:SVV traded down $0.05 during midday trading on Tuesday, reaching $7.03. The company had a trading volume of 1,127,168 shares, compared to its average volume of 718,938. Savers Value Village has a 52-week low of $6.48 and a 52-week high of $19.72. The company's 50 day moving average price is $9.58 and its 200 day moving average price is $9.78. 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 cap of $1.11 billion, a P/E ratio of 39.03 and a beta of 1.41.

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Savers Value Village (NYSE:SVV - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.04). Savers Value Village had a net margin of 1.89% and a return on equity of 8.74%. The company had revenue of $401.99 million for the quarter, compared to the consensus estimate of $402.00 million. As a group, sell-side analysts anticipate that Savers Value Village will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider T. Charles Hunsinger acquired 6,000 shares of the company's stock in a transaction dated Friday, March 7th. The stock was bought at an average cost of $7.25 per share, with a total value of $43,500.00. Following the acquisition, the insider now owns 14,100 shares of the company's stock, valued at approximately $102,225. The trade was a 74.07 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 disclosure for this sale can be found here. 2.38% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Savers Value Village

Hedge funds and other institutional investors have recently modified their holdings of the company. Aigen Investment Management LP lifted its position in Savers Value Village by 11.2% in the 4th quarter. Aigen Investment Management LP now owns 17,175 shares of the company's stock worth $176,000 after buying an additional 1,726 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Savers Value Village by 15.6% in the 4th quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock worth $158,000 after acquiring an additional 2,085 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of Savers Value Village in the 4th quarter valued at $36,000. Wells Fargo & Company MN grew its holdings in shares of Savers Value Village by 51.7% during the 4th 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 during the last quarter. Finally, Hsbc Holdings PLC raised its position in Savers Value Village by 12.6% in the 4th 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. 98.78% of the stock is currently owned by hedge funds and other institutional investors.

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.