Thryv Holdings, Inc. to Post FY2025 Earnings of $1.50 Per Share, B. Riley Forecasts (NASDAQ:THRY)

Thryv Holdings, Inc. (NASDAQ:THRY) – Stock analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for Thryv in a research note issued on Thursday, August 1st. B. Riley analyst Z. Cummins now anticipates that the company will earn $1.50 per share for the year, up from their previous forecast of $1.33. The consensus estimate for Thryv’s current full-year earnings is $0.25 per share.

Separately, Needham & Company LLC reiterated a “buy” rating and set a $28.00 price objective on shares of Thryv in a research note on Friday, August 2nd.

Thryv Trading Down 2.5 %

NASDAQ THRY opened at $16.60 on Monday. Thryv has a one year low of $15.82 and a one year high of $26.42. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.15 and a current ratio of 1.14. The company has a market capitalization of $594.78 million, a price-to-earnings ratio of -2.21 and a beta of 0.83. The company’s 50-day simple moving average is $18.66 and its two-hundred day simple moving average is $20.60.

Thryv (NASDAQ:THRY) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.30). Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. The firm had revenue of $224.08 million for the quarter, compared to analysts’ expectations of $221.78 million. During the same quarter in the prior year, the business posted $0.43 EPS. The business’s quarterly revenue was down 10.9% on a year-over-year basis.

Institutional Investors Weigh In On Thryv

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. SageView Advisory Group LLC purchased a new position in Thryv in the first quarter worth $54,000. Lazard Asset Management LLC acquired a new stake in shares of Thryv in the 1st quarter worth $118,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Thryv by 78.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company’s stock worth $134,000 after buying an additional 3,303 shares during the last quarter. Quest Partners LLC acquired a new position in Thryv during the 2nd quarter valued at about $143,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Thryv by 64.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,647 shares of the company’s stock valued at $176,000 after buying an additional 3,398 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Insider Transactions at Thryv

In related news, CEO Joe Walsh acquired 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were bought at an average price of $21.11 per share, with a total value of $52,775.00. Following the completion of the transaction, the chief executive officer now directly owns 500,567 shares in the company, valued at $10,566,969.37. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 10.80% of the company’s stock.

Thryv Company Profile

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.