Thryv (NASDAQ:THRY) Stock Rating Lowered by Wall Street Zen

Thryv (NASDAQ:THRY) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Several other research analysts also recently commented on the stock. Craig Hallum downgraded shares of Thryv from a “buy” rating to a “hold” rating and set a $10.00 price objective for the company. in a research report on Friday. Royal Bank Of Canada lowered their price objective on shares of Thryv from $16.00 to $13.00 and set a “sector perform” rating for the company in a research report on Friday. B. Riley lowered their price objective on shares of Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a research report on Friday. Needham & Company LLC decreased their target price on shares of Thryv from $20.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Thryv in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $14.40.

Thryv Stock Down 5.6%

NASDAQ THRY opened at $7.71 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.17. Thryv has a 1-year low of $7.55 and a 1-year high of $20.92. The company has a 50 day moving average of $11.96 and a 200-day moving average of $12.64. The company has a market cap of $336.00 million, a price-to-earnings ratio of 18.81 and a beta of 0.89.

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

Hedge Funds Weigh In On Thryv

Several institutional investors have recently made changes to their positions in the stock. Bullseye Asset Management LLC raised its holdings in shares of Thryv by 0.9% during the second quarter. Bullseye Asset Management LLC now owns 115,984 shares of the company’s stock valued at $1,410,000 after purchasing an additional 1,000 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Thryv by 8.0% during the second quarter. The Manufacturers Life Insurance Company now owns 13,887 shares of the company’s stock valued at $169,000 after purchasing an additional 1,023 shares during the period. SummerHaven Investment Management LLC raised its holdings in shares of Thryv by 2.5% during the second quarter. SummerHaven Investment Management LLC now owns 47,793 shares of the company’s stock valued at $581,000 after purchasing an additional 1,176 shares during the period. New York State Common Retirement Fund raised its holdings in shares of Thryv by 4.5% during the first quarter. New York State Common Retirement Fund now owns 29,974 shares of the company’s stock valued at $384,000 after purchasing an additional 1,300 shares during the period. Finally, Swiss National Bank raised its holdings in shares of Thryv by 1.7% during the second quarter. Swiss National Bank now owns 78,700 shares of the company’s stock valued at $957,000 after purchasing an additional 1,300 shares during the period. Institutional investors and hedge funds own 96.38% of the company’s stock.

About Thryv

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.