Needham & Company LLC reissued their buy rating on shares of Thryv (NASDAQ:THRY – Free Report) in a research report report published on Friday morning,Benzinga reports. They currently have a $28.00 price target on the stock.
Separately, Royal Bank of Canada initiated coverage on Thryv in a report on Thursday, March 27th. They set a “sector perform” rating and a $17.00 price target for the company.
View Our Latest Analysis on Thryv
Thryv Stock Performance
Thryv (NASDAQ:THRY – Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.26. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $186.60 million for the quarter, compared to analysts’ expectations of $183.02 million. Research analysts anticipate 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 bought and sold shares of THRY. Quarry LP increased its holdings in shares of Thryv by 1,296.3% during the 3rd quarter. Quarry LP now owns 2,248 shares of the company’s stock valued at $39,000 after acquiring an additional 2,087 shares during the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in Thryv during the fourth quarter worth approximately $44,000. Summit Investment Advisors Inc. grew its holdings in Thryv by 27.7% during the fourth quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company’s stock valued at $58,000 after purchasing an additional 848 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Thryv in the fourth quarter valued at approximately $92,000. Finally, Oregon Public Employees Retirement Fund lifted its stake in shares of Thryv by 18.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company’s stock worth $141,000 after buying an additional 1,500 shares during the last quarter. 96.38% of the stock is currently owned by institutional investors.
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.
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