Savers Value Village Inc. (NYSE: SVV) stock jumped 0.15% on Monday to $19.77 against a previous-day closing price of $19.74. With 0.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.75 million shares. During the session, the Specialty Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $20.08 whereas the lowest price it dropped to was $19.71. The 52-week range on SVV shows that it touched its highest point at $26.88 and its lowest point at $19.16 during that stretch. It currently has a 1-year price target of $29.11.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SVV was down-trending over the past week, with a drop of -11.46%, but this was down by -20.28% over a month. A look at the trailing 12-month EPS for SVV yields 0.42 with Next year EPS estimates of 0.70. For the next quarter, that number is 0.19. This implies an EPS growth rate of 1.60% for this year and 14.54% for next year.
Float and Shares Shorts:
At present, 160.45 million SVV shares are outstanding with a float of 160.45 million shares on hand for trading. On Aug 30, 2023, short shares totaled 0.43 million, which was 0.27% higher than short shares on Jul 30, 2023. In addition to Mr. Mark T. Walsh as the firm’s CEO, Pres & Director, Mr. Jay Stasz serves as its CFO & Treasurer.
Institutional Ownership:
Through their ownership of 87.06% of SVV’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 93.23% of SVV, in contrast to 5.62% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SVV with 83.93% of the stake, Ares Management LLC holds 134,659,188 shares worth 134,659,188. A second-largest stockholder of SVV, Healthcare of Ontario Pension Pla, holds 5,000,000 shares, controlling over 3.12% of the firm’s shares. AllianceBernstein LP is the third largest shareholder in SVV, holding 1,665,895 shares or 1.04% stake. With a 0.78% stake in SVV, the AB Small Cap Growth Portfolio is the largest stakeholder. A total of 1,258,262 shares are owned by the mutual fund manager. The JPMorgan Small Cap Equity Fund, which owns about 0.63% of SVV stock, is the second-largest Mutual Fund holder. It holds 1,016,743 shares valued at 25.16 million. Vanguard Total Stock Market ETF holds 0.48% of the stake in SVV, owning 766,904 shares worth 18.98 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 30, 2023, SVV reported revenue of $364.67M and operating income of $61.43M. The EBITDA in the recently reported quarter was $68.35M and diluted EPS was $0.19.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SVV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With SVV analysts setting a high price target of $31.00 and a low target of $27.00, the average target price over the next 12 months is $29.11. Based on these targets, SVV could surge 56.8% to reach the target high and rise by 36.57% to reach the target low. Reaching the average price target will result in a growth of 47.24% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded SVV stock several times over the past three months with 0 Buys and 2 Sells. In these transactions, 0 shares were bought while 13,770,830 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has risen to 2 over the past year. The total number of shares bought during that period was 0 while 13,770,830 shares were sold.
