Thryv Holdings, Inc. (NASDAQ:THRY) Given Average Rating of "Hold" by Analysts

Thryv Holdings, Inc. (NASDAQ:THRY) has received a consensus rating of "Hold" from analysts, with two sell ratings, three holds, and two buys. The average price target is $13.00. Recent reports show price target reductions from Needham, Craig Hallum, and Royal Bank of Canada. Thryv's stock opened at $6.26, with a market cap of $272.81 million and a P/E ratio of 15.27. The company reported a quarterly EPS of $0.13, missing estimates, but revenue increased by 12.1% year-over-year. Institutional investors hold 96.38% of the stock.

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) has earned a consensus recommendation of "Hold" from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $13.00.

THRY has been the subject of several research reports. Needham & Company LLC lowered their price target on shares of Thryv from $20.00 to $14.00 and set a "buy" rating for the company in a research report on Thursday, October 30th. Craig Hallum lowered Thryv from a "buy" rating to a "hold" rating and set a $10.00 target price for the company. in a report on Friday, October 31st. Wall Street Zen cut Thryv from a "buy" rating to a "hold" rating in a research report on Saturday, November 1st. Royal Bank Of Canada reduced their price target on Thryv from $16.00 to $13.00 and set a "sector perform" rating for the company in a research report on Friday, October 31st. Finally, Zacks Research downgraded Thryv from a "hold" rating to a "strong sell" rating in a research report on Tuesday, November 4th.

Check Out Our Latest Analysis on Thryv

Thryv Trading Down 9.0%

THRY opened at $6.26 on Monday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.15 and a current ratio of 1.15. The stock's 50 day moving average price is $11.33 and its 200-day moving average price is $12.46. Thryv has a one year low of $6.21 and a one year high of $20.92. The stock has a market cap of $272.81 million, a price-to-earnings ratio of 15.27 and a beta of 0.89.

Thryv (NASDAQ:THRY - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.30). The company had revenue of $201.56 million during the quarter, compared to the consensus estimate of $200.81 million. Thryv had a return on equity of 8.64% and a net margin of 2.29%.The company's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($2.65) earnings per share. Thryv has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts forecast that Thryv will post -2.24 EPS for the current year.

Institutional Trading of Thryv

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA purchased a new position in Thryv during the 1st quarter worth $30,209,000. Allspring Global Investments Holdings LLC grew its stake in shares of Thryv by 1.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,127,581 shares of the company's stock worth $13,193,000 after acquiring an additional 15,689 shares during the last quarter. CenterBook Partners LP increased its holdings in shares of Thryv by 1.4% during the third quarter. CenterBook Partners LP now owns 871,991 shares of the company's stock valued at $10,516,000 after acquiring an additional 12,037 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Thryv by 1,010.8% during the second quarter. American Century Companies Inc. now owns 864,246 shares of the company's stock valued at $10,509,000 after acquiring an additional 786,445 shares in the last quarter. Finally, Brooktree Capital Management raised its position in shares of Thryv by 17.6% in the 3rd quarter. Brooktree Capital Management now owns 841,341 shares of the company's stock valued at $10,147,000 after purchasing an additional 125,711 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company's stock.

Thryv Company Profile

(Get Free Report)

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.

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Thryv Holdings, Inc. (NASDAQ:THRY) Given Average Rating of "Hold" by Analysts

Thryv Trading Down 9.0%

Institutional Trading of Thryv

Thryv Company Profile

Further Reading

Should You Invest $1,000 in Thryv Right Now?