Wells Fargo & Company upgraded shares of Savers Value Village (NYSE:SVV – Free Report) to a hold rating in a report released on Friday morning,Zacks reports.
Several other brokerages also recently issued reports on SVV. JPMorgan Chase & Co. boosted their target price on shares of Savers Value Village from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings raised Savers Value Village from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 2nd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $11.00 target price on shares of Savers Value Village in a report on Friday, August 7th. Finally, Piper Sandler upped their target price on Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.62.
Read Our Latest Research Report on SVV
Savers Value Village Stock Performance
Savers Value Village (NYSE:SVV – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. The business had revenue of $448.22 million during the quarter, compared to the consensus estimate of $449.00 million. Savers Value Village had a net margin of 1.42% and a return on equity of 14.58%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.14 EPS. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, equities research analysts expect that Savers Value Village will post 0.39 earnings per share for the current year.
Insider Transactions at Savers Value Village
In other Savers Value Village news, CFO Michael Maher sold 49,742 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $12.33, for a total value of $613,318.86. Following the transaction, the chief financial officer directly owned 20,163 shares of the company’s stock, valued at $248,609.79. This represents a 71.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Richard A. Medway sold 45,000 shares of Savers Value Village stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $11.98, for a total value of $539,100.00. Following the sale, the general counsel owned 14,440 shares of the company’s stock, valued at approximately $172,991.20. This represents a 75.71% 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. Over the last ninety days, insiders have sold 520,893 shares of company stock valued at $6,030,305. Corporate insiders own 3.46% of the company’s stock.
Institutional Trading of Savers Value Village
A number of institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC acquired a new position in shares of Savers Value Village during the 2nd quarter worth $33,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Savers Value Village by 128.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,357 shares of the company’s stock valued at $41,000 after purchasing an additional 2,448 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Savers Value Village by 801.5% in the 1st quarter. Royal Bank of Canada now owns 11,233 shares of the company’s stock valued at $83,000 after purchasing an additional 9,987 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Savers Value Village in the 1st quarter valued at $90,000. Finally, Aaron Wealth Advisors LLC bought a new stake in Savers Value Village in the first quarter worth $100,000. 98.78% of the stock is currently owned by institutional investors and hedge funds.
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.
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