GSA Capital Partners LLP acquired a new stake in Savers Value Village, Inc. (NYSE:SVV – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 23,677 shares of the company’s stock valued at approximately $456,000.
A number of other institutional investors have also recently bought and sold shares of SVV. Parallel Advisors LLC acquired a new stake in Savers Value Village during the 4th quarter valued at about $36,000. Tower Research Capital LLC TRC increased its stake in Savers Value Village by 49.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,508 shares of the company’s stock valued at $78,000 after acquiring an additional 1,500 shares during the last quarter. Citigroup Inc. acquired a new stake in Savers Value Village during the 3rd quarter valued at $92,000. Zevenbergen Capital Investments LLC acquired a new stake in Savers Value Village during the 4th quarter valued at $193,000. Finally, Raymond James & Associates acquired a new stake in Savers Value Village during the 4th quarter valued at $386,000. Institutional investors own 98.78% of the company’s stock.
Changes in analyst ratings
SVV has been the subject of several analyst reports. Robert W. Baird lowered their price target on Savers Value Village from $23.00 to $21.00 and gave the company an “outperform” rating in a report on Friday, May 10. Loop Capital lowered their price target on Savers Value Village from $25.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, May 13. Finally, Piper Sandler lowered their price target on Savers Value Village from $24.00 to $19.00 and gave the stock an “overweight” rating in a research note on Friday, May 10. Nine equities analysts have rated the stock with a “buy” rating. According to data from MarketBeat, the stock has a consensus rating of “buy” and an average price target of $25.13.
Read our latest stock analysis on SVV
Price development of Savers Value Village shares
SVV opened at $11.89 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 1.86. Savers Value Village, Inc. has a 12-month low of $10.16 and a 12-month high of $26.88. The company has a 50-day moving average of $12.86 and a 200-day moving average of $16.40. The stock has a market cap of $1.92 billion and a price-to-earnings ratio of 29.00.
Savers Value Village (NYSE:SVV – Get Free Report) last announced its quarterly earnings results on Thursday, May 9. The company reported -$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by -$0.07. Savers Value Village had a net margin of 4.17% and a return on equity of 12.18%. The company had revenue of $354.17 million during the quarter, compared to analyst estimates of $354.88 million. On average, equities analysts expect that Savers Value Village, Inc. will post $0.53 earnings per share for the current year.
About Savers Value Village
(Free report)
Savers Value Village, Inc. sells secondhand goods 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 used textiles, including clothing, bedding and bath items, shoes, accessories, housewares, books and other goods from nonprofit partners and processes, selects, prices, markets and sells them in its stores.
Further information
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