Savers Value Village Inc (NYSE: SVV) Is Decrease -63.68%, So Here’s What We Can Expect On The Upswing

ZM Stock

During the recent session, Savers Value Village Inc (NYSE:SVV)’s traded shares were 0.73 million, with the beta value of the company hitting 1.46. At the last check today, the stock’s price was $8.48, reflecting an intraday loss of -12.40% or -$1.2. The 52-week high for the SVV share is $26.88, that puts it down -216.98 from that peak though still a striking -8.96% loss since the share price plummeted to a 52-week low of $9.24. The company’s market capitalization is $1.37B, and the average intraday trading volume over the past 10 days was 1.0 million shares, and the average trade volume was 952.68K shares over the past three months.

Savers Value Village Inc (SVV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.62. SVV has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.2.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Savers Value Village Inc (NYSE:SVV) trade information

Savers Value Village Inc (SVV) registered a -12.40% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -12.40% in intraday trading to $8.48, hitting a weekly high. The stock’s 5-day price performance is -15.62%, and it has moved by -29.27% in 30 days. Based on these gigs, the overall price performance for the year is -63.68%. The short interest in Savers Value Village Inc (NYSE:SVV) is 7.92 million shares and it means that shorts have 9.58 day(s) to cover.

The consensus price target of analysts on Wall Street is $16, which implies an increase of 47.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $23 respectively. As a result, SVV is trading at a discount of -171.23% off the target high and -17.92% off the low.

Savers Value Village Inc (SVV) estimates and forecasts

Statistics show that Savers Value Village Inc has outperformed its competitors in share price, compared to the industry in which it operates. Savers Value Village Inc (SVV) shares have gone down -56.71% during the last six months, with a year-to-date growth rate more than the industry average at 19.67% against -2.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -9.10% this quarter and then jump 50.00% in the quarter after that. In the rating firms’ projections, revenue will increase 4.70% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 391.08M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 414.86M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -31.02%. While earnings are projected to return -7.73% in 2024.

Savers Value Village Inc (NYSE:SVV)’s Major holders

Savers Value Village Inc insiders own 0.06% of total outstanding shares while institutional holders control 108.25%, with the float percentage being 108.31%.

Also, the Mutual Funds coming in first place with the largest holdings of Savers Value Village Inc (SVV) shares are JP Morgan Small Cap Equity Fund and American Century Small Cap Growth Fund. Data provided on Mar 31, 2024 indicates that JP Morgan Small Cap Equity Fund owns about 1.82 shares. This amounts to just over 1.13 percent of the company’s overall shares, with a $15.65 million market value. The same data shows that the other fund manager holds slightly less at 1.73, or about 1.07% of the stock, which is worth about $14.86 million.