Savers Value Village (SVV) Scheduled to Post Quarterly Earnings on Thursday

Savers Value Village (NYSE:SVV) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Savers Value Village to post earnings of $0.17 per share for the quarter. Savers Value Village has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Savers Value Village (NYSE:SVV) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The company had revenue of $396.70 million during the quarter, compared to analysts’ expectations of $391.13 million. Savers Value Village had a net margin of 2.47% and a return on equity of 2.88%. Savers Value Village’s revenue was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.22 earnings per share. On average, analysts expect Savers Value Village to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Savers Value Village Price Performance

Savers Value Village stock opened at $10.74 on Wednesday. The company’s 50 day simple moving average is $9.94 and its 200-day simple moving average is $11.51. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 46.70 and a beta of 1.59. Savers Value Village has a 1 year low of $7.78 and a 1 year high of $21.33. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.87 and a current ratio of 1.03.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Loop Capital reduced their price target on shares of Savers Value Village from $23.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, August 12th. JPMorgan Chase & Co. downgraded shares of Savers Value Village from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $21.00 to $12.00 in a research note on Monday, July 22nd. Piper Sandler cut their target price on shares of Savers Value Village from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Friday, August 9th. The Goldman Sachs Group downgraded shares of Savers Value Village from a “buy” rating to a “neutral” rating and cut their target price for the stock from $14.00 to $10.00 in a research note on Friday, August 9th. Finally, Robert W. Baird cut their target price on shares of Savers Value Village from $21.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Savers Value Village has a consensus rating of “Moderate Buy” and a consensus target price of $12.20.

Savers Value Village Company Profile

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.