Savers Value Village (NYSE:SVV) Stock Price Down 5.6% – Here’s Why

Savers Value Village, Inc. (NYSE:SVV)’s stock price dropped 5.6% during mid-day trading on Tuesday . The company traded as low as $9.32 and last traded at $9.3090. 71,609 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,165,816 shares. The stock had previously closed at $9.86.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SVV. The Goldman Sachs Group reissued a “neutral” rating and set a $11.00 price objective on shares of Savers Value Village in a report on Friday, August 7th. JPMorgan Chase & Co. upped their target price on Savers Value Village from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Piper Sandler upped their target price on Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded Savers Value Village from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $14.00.

Savers Value Village Price Performance

The company has a market capitalization of $1.41 billion, a P/E ratio of 57.22 and a beta of 1.21. The stock’s fifty day simple moving average is $10.29 and its 200-day simple moving average is $9.20. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.66.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.The business had revenue of $448.22 million for the quarter, compared to analyst estimates of $449.00 million. During the same period in the previous year, the company posted $0.14 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, equities analysts forecast that Savers Value Village, Inc. will post 0.39 earnings per share for the current fiscal year.

Insider Activity at Savers Value Village

In other Savers Value Village news, CEO Mark T. Walsh sold 100,000 shares of the stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $10.93, for a total value of $1,093,000.00. Following the completion of the sale, the chief executive officer directly owned 147,363 shares of the company’s stock, valued at $1,610,677.59. This represents a 40.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Maher sold 49,742 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $12.33, for a total transaction of $613,318.86. Following the completion of the sale, the chief financial officer owned 20,163 shares in the company, valued at $248,609.79. This represents a 71.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 494,742 shares of company stock valued at $5,789,193 in the last 90 days. 3.46% of the stock is owned by company insiders.

Institutional Trading of Savers Value Village

A number of institutional investors and hedge funds have recently modified their holdings of SVV. Integrated Wealth Concepts LLC bought a new stake in Savers Value Village in the 2nd quarter valued at $33,000. Squarepoint Ops LLC lifted its holdings in shares of Savers Value Village by 2.2% during the 2nd quarter. Squarepoint Ops LLC now owns 136,665 shares of the company’s stock worth $1,379,000 after acquiring an additional 2,900 shares during the period. Corient Private Wealth LP lifted its holdings in shares of Savers Value Village by 39.9% during the 2nd quarter. Corient Private Wealth LP now owns 87,216 shares of the company’s stock worth $880,000 after acquiring an additional 24,873 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Savers Value Village during the 2nd quarter valued at about $242,000. Finally, Bank of America Corp DE acquired a new stake in shares of Savers Value Village during the 2nd quarter valued at about $262,000. 98.78% of the stock is currently owned by institutional investors.

About Savers Value Village

Savers Value Village, Inc operates a network of for-profit thrift stores that sell donated and secondhand merchandise. Its product assortment generally includes clothing, accessories, shoes, books, household goods, furniture and other general merchandise. The company serves consumers seeking value-oriented shopping and supports the reuse of products through the resale of pre-owned goods.

The company operates under several retail banners, including Savers, Value Village, Village des Valeurs and Unique.