UBS Group Has Lowered Expectations for Savers Value Village (NYSE:SVV) Stock Price

Savers Value Village (NYSE:SVV - Get Free Report) had its price target dropped by stock analysts at UBS Group from $14.00 to $13.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. UBS Group's price objective indicates a potential upside of 64.45% from the stock's previous close.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. reduced their price target on Savers Value Village from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday. Piper Sandler boosted their target price on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Savers Value Village has a consensus rating of "Moderate Buy" and a consensus target price of $11.67.

Savers Value Village Trading Up 1.3 %

Shares of Savers Value Village stock traded up $0.11 during trading hours on Friday, hitting $7.91. The company's stock had a trading volume of 876,223 shares, compared to its average volume of 650,770. The business has a fifty day moving average of $10.63 and a 200 day moving average of $10.05. Savers Value Village has a 1-year low of $7.67 and a 1-year high of $21.33. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $1.26 billion, a PE ratio of 43.92 and a beta of 1.09.

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

Insider Buying and Selling at Savers Value Village

In related news, General Counsel Richard A. Medway sold 4,800 shares of Savers Value Village 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.38% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SVV. T. Rowe Price Investment Management Inc. raised its stake in shares of Savers Value Village by 49.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,969,900 shares of the company's stock valued at $61,192,000 after purchasing an additional 1,970,894 shares in the last quarter. Baillie Gifford & Co. increased its holdings in Savers Value Village by 570.0% in the fourth quarter. Baillie Gifford & Co. now owns 3,689,478 shares of the company's stock valued at $37,817,000 after buying an additional 3,138,844 shares during the last quarter. FMR LLC raised its stake in Savers Value Village by 30.8% during the third quarter. FMR LLC now owns 3,437,895 shares of the company's stock valued at $36,167,000 after buying an additional 808,867 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Savers Value Village by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 2,382,647 shares of the company's stock worth $24,422,000 after buying an additional 68,316 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in shares of Savers Value Village in the 4th quarter worth approximately $11,324,000. 98.78% of the stock is currently owned by 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.